Our Actuary program is professional and semi professional recognized worldwide as the exams are set and marked by the Society of Actuaries SOA-US


Actuaries are Risk Assessment Specialists (professionals) who measure & manage financial implications of future events – pro & cons, certain & uncertain, probable & improbabl. Actuarial science uses advanced economics, finance, statistics and mathematics to interpret, manage and assess risks. Risk is the chance that an undesirable event will occur but actuaries see risk as an opportunity. Actuaries have the skills to find pure, honest insights hidden in business data. Insights that enables business decision-making, which can change businesses, industries and even countries.Actuaries are people who evaluate risk and opportunity. They are mathematical problem solvers and strategists.

Emerging as a key growth sector of the 21st century, actuarial science applies elements of economics, finance, statistics and advanced mathematics to interpret, manage and evaluate risk. Never before have organizations had such extraordinary access to personal information, health statistics, buying habits, population movement, employment trends and much, much more. In these numbers lie the answers to the big questions that really matter.

The Actuarial Science program prepares students for careers as actuaries. It helps them learn material that is included in professional examinations administered by the Society of Actuaries, which actuarial students must pass in order to achieve professional status. In addition to actuarial science courses, students take courses in preparation for business aspects of the actuarial profession such as accounting, law, finance, insurance, and economics. The Society of Actuaries (SOA) has recognized Mboa International University’s actuarial science program as a Universities & Colleges with Actuarial Programs (UCAP) being the second in Africa and all VEEs (Validation by Educational Experience). There are eight criteria for the designation, including curriculum, faculty composition, graduate quality, connection to industry, and research/ scholarship.  We offer the following levels;
– Bachelor Degree: GCE A/L, Degree
– Masters Degree: Post Graduate diploma in Economics, Sciences etc
– Associate ship: Exams: FM, P, IFM, LSTAM, STAM, SRM & VEE
– Certified Actuarial Analyst CAA organized by Faculty (UK) & SOA (USA) with prerequisite A/L GCE, HND, Bac, BTS


What is the Certified Actuarial Analyst (CAA)?


The Certified Actuarial Analyst (CAA) is an internationally recognized professional qualification offered by CAA Global, a joint venture of the Institute and Faculty of Actuaries (IFoA) based in the United Kingdom and the Society of Actuaries (SOA) based in the United States.

Stand out in the job market


As an Actuarial Analyst, an Associate, or a Fellow Actuary, you’ll be qualified for a greater number of roles at more companies in the financial sector. This makes you better able to get a job—and better able to add value once you’re hired. Here are just a few of the titles and positions you’ll be prepared for:


  • actuarial analyst
  • data scientist
  • predictive analyst
  • climate analyst
  • policy analyst
  • data modeller
  • customer analyst modeller
  • unstructured data analyst
  • …and many, many more opportunities

CAA program

Module 0: Entry test (candidate must pass this before they take any further modules)


Module 1:  Finance and Financial Mathematics


Module 2:  Statistics and Models


Module 3: Long Term Actuarial Mathematics


Module 4: Short Term Actuarial Mathematics


When these modules have been passed, the candidate must then pass:


Module 5: Models and Audit Trails








MBOA International University


SOA Recognition Tier:




This university/college offers:


Actuarial science courses at the following levels :


  • Bachelors
  • Masters


Approved coursework for the following VEE (Validation by Educational Experience) topics:


  • Applied Statistics
  • Corporate Finance
  • Economics


Courses to prepare students for the following SOA actuarial exams:


  • Exam P – Probability
  • Exam FM – Financial Mathematics
  • Exam IFM – Investment and Financial Markets
  • Exam STAM – Short Term Actuarial Models
  • Exam LTAM – Long Term Actuarial Models
  • Exam PA – Predictive Analysis




MIU host one of the few Paper/Pencil SOA Exam locations in the world

With all preliminary Exams and dates available not forgetting the GIIN and other exams. At our location you can take all the Actuary exams in a comfortable manner.