n`asa - University of Nairobi

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Transcript n`asa - University of Nairobi

NAIROBI UNIVERSITY ACTUARIAL STUDENTS ASSOCIATION (N’ASA)

N'ASA, Modeling The Future!

What is N’ASA?

N’ASA is an organization of Actuarial Science Students at the University of Nairobi that targets to link the students with the professional world.

N'ASA, Modeling The Future!

Our Patron – Prof. P.G.O. Weke

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Why join N’ASA?

Get exposed to the Actuarial Profession.

Interact with and learn from senior students in the course.

Network with actual professionals through talks, dinners and internship programs.

Have fun in the countless social activities.

We are a part of Actuarial Students’ Association of Kenya (ASSK)

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How to join N’ASA

Simply pay a registration fee of Ksh. 500 that caters for the entire 4 years.

That translates to a paltry Ksh. 4.17 weekly!

Provide a signed passport photo to process your membership ID card.

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How to interact with N’ASA

Like the “ Nairobi University Actuarial Students Association - N’ASA ” Facebook page

Follow @UoN_Actuaries on Twitter

We follow back!

ACADEMICS

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THE UoN BSc. ACTUARIAL SCIENCE COURSE (I07)

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A four-year course with:

    12 units in 1 st 12 units in 2 nd year.

year.

10 units in 3 rd year.

10 units in 4 th year.   

All units are either:

Actuarial units (SAC); Statistical units (STA); or Mathematical units (SMA).

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To get a 1

st

Class Honours:

Do not fail a single unit throughout the course.

Manage a minimum of 14 out of 20 A’s in 3 rd and 4 th year.

Considerations are given to students with a high subject average or those in leadership positions.

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To become an actuary:

Join a recognized professional body such as:

IFoA – Institute & Faculty of Actuaries, U.K.

SOA – Society of Actuaries, U.S.A.

ASSA – Actuarial Society of South Africa, RSA.

and complete a rigorous series of professional exams combined with hands-on work experience .

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When can you start the exams?

 You can start SOA exams right now if you are good enough in Financial Mathematics & Statistics!

 You can start your IFoA exams after 2 nd year when you’ll be ready for Financial Mathematics, Finance and Financial Reporting, Business Economics and Statistics.

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STRUTURE OF IFoA EXAMS

Core Technical (CT) stage: 9 subjects, ALL of which you must pass or be exempted from. CT9 is a two-day residential course.  Core Applications (CA) stage: 3 subjects. You need to pass or be exempted from all the 3.  Specialist Technical (ST) stage: 9 subjects. You need to pass or be exempted from 2.  Specialist Applications (SA) stage: 7 subjects. You need to pass only 1.

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The professional path:

 After CT and CA exams, and a year's work-based skills, you can take a one-day professionalism course and qualify as an Associate Actuary.

 To qualify as a Fellow of the IFoA , you will need to take the ST and SA exams, have three years of work-based skills and then take a two-day professionalism course.

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You can complete your CT papers by graduation!

 CT1 Financial mathematics  CT2 Finance and financial reporting  CT3 Probability and mathematical statistics  CT4 Models  CT5 Contingencies  CT6 Statistical methods  CT7 Business economics  CT8 Financial economics  CT9 Business awareness

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How much does it cost?

 The IFoA offers special rates to overseas students in commonwealth countries like Kenya.  IFoA membership payable once costs £ 130.  Annual subscription payable annually costs £ 69.  One CT paper costs £ 80.

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Welcome to the world’s top profession and all the best in your endeavors.

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WHAT EVENTS DOES N’ASA HOLD?

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CORPORATE EVENTS

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ANNUAL DINNER

2013 Dinner held at The Tribe Hotel

DINNER 2014 THE CROWNE PLAZA HOTEL

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ANNUAL DINNER

Yes, actuaries can dress up!

ANNUAL DINNER Beauty and brains!

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ANNUAL DINNER Red carpet photo shoots!

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ANNUAL DINNER Interact and network with professionals .

ANNUAL DINNER

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Savor 4 course dining .

ANNUAL DINNER ELEGANCE REDEFINED

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Corporate Talks from:

Actuaries

Professionals in the financial world

Former students

Professional bodies

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SOCIAL EVENTS

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TEAM BUILDING

Letting loose away from the mathematics.

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TEAM BUILDING Limitless fun out in the wild! Challenge nature – and win!

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TEAM BUILDING Forming friendships that last!

CULTURAL DAY

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Celebrating Diversity!

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ANNUAL SPORTS DAY An entire day dedicated to fun and sports!

ANNUAL COAST TRIP

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After a year of academic excellence…

ANNUAL COAST TRIP

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…you deserve a break far away from the city…

ANNUAL COAST TRIP

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…in lavish accommodation facilities…

ANNUAL COAST TRIP

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…and the ocean as your playground.

CAMPING SPREES

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Visit top camping destinations around the country

CAMPING SPREES

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Take time to relax and unwind

CAMPING SPREES

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Memories to be treasured a lifetime

CHARITY EVENTS

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CHARITY EVENTS

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The Tunza Initiative, Ngong’.

CHARITY EVENTS

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Sharing love with the less fortunate.

CHARITY EVENTS

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These kids need your support!

N’ASA PUBLICATIONS: THE NU ACTUARY MAGAZINE

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NU Actuary Magazine

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The 2014 Edition is out!

Inside NU Actuary Magazine…

 South African Actuarial Flavor  Interview: Mukami Njeru, Fia  The Insurance Act Unraveled  Is Risk Really Manageable?

 Actuarial Science; Student Perspective

ALL FOR KSH. 150 ONLY!

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N’ASA WEBSITE

http://studentorganisations.uonbi.ac.ke/ nasa/

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The official N’ASA website:

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From the 2014/15 N’ASA committee.

KARIBU N’ASA!