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
N'ASA, Modeling The Future!
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)
N'ASA, Modeling The Future!
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.
N'ASA, Modeling The Future!
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
N'ASA, Modeling The Future!
THE UoN BSc.
ACTUARIAL SCIENCE
COURSE (I07)
N'ASA, Modeling The Future!
A four-year course with:
 12 units in 1st year.
 12 units in 2nd year.
 10 units in 3rd year.
 10 units in 4th year.
All units are either:
 Actuarial units (SAC);
 Statistical units (STA); or
 Mathematical units (SMA).
N'ASA, Modeling The Future!
To get a
st
1
Class Honours:
 Do not fail a single unit throughout the course.
 Manage a minimum of 14 out of 20 A’s in 3rd and
4th year.
 Considerations are given to students with a high
subject average or those in leadership
positions.
N'ASA, Modeling The Future!
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.
N'ASA, Modeling The Future!
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 2nd year when
you’ll be ready for Financial Mathematics, Finance
and Financial Reporting, Business Economics and
Statistics.
N'ASA, Modeling The Future!
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.
N'ASA, Modeling The Future!
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.
N'ASA, Modeling The Future!
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
N'ASA, Modeling The Future!
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.
N'ASA, Modeling The Future!
Welcome to the world’s
top profession and all the
best in your endeavors.
N'ASA, Modeling The Future!
WHAT EVENTS DOES
N’ASA HOLD?
N'ASA, Modeling The Future!
CORPORATE
EVENTS
N'ASA, Modeling The Future!
N'ASA, Modeling The Future!
ANNUAL
DINNER
2013 Dinner held at The Tribe Hotel
DINNER
2014
THE
CROWNE
PLAZA
HOTEL
N'ASA, Modeling The Future!
N'ASA, Modeling The Future!
ANNUAL
DINNER
Yes, actuaries can dress up!
N'ASA, Modeling The Future!
ANNUAL
DINNER
Beauty and brains!
N'ASA, Modeling The Future!
ANNUAL
DINNER
Red carpet photo shoots!
N'ASA, Modeling The Future!
ANNUAL
DINNER
Interact and network with professionals.
N'ASA, Modeling The Future!
ANNUAL
DINNER
Savor 4 course dining.
N'ASA, Modeling The Future!
ANNUAL
DINNER
ELEGANCE REDEFINED
Corporate Talks from:
 Actuaries
 Professionals in the financial world
 Former students
 Professional bodies
N'ASA, Modeling The Future!
SOCIAL
EVENTS
N'ASA, Modeling The Future!
N'ASA, Modeling The Future!
TEAM
BUILDING
Letting loose away from the mathematics.
N'ASA, Modeling The Future!
TEAM
BUILDING
Limitless fun out in the wild!
Challenge nature – and win!
N'ASA, Modeling The Future!
TEAM
BUILDING
Forming friendships that last!
N'ASA, Modeling The Future!
CULTURAL
DAY
Celebrating Diversity!
N'ASA, Modeling The Future!
ANNUAL
SPORTS DAY
An entire day dedicated to fun and sports!
N'ASA, Modeling The Future!
ANNUAL
COAST TRIP
After a year of academic excellence…
N'ASA, Modeling The Future!
ANNUAL
COAST TRIP
…you deserve a break far away from the city…
N'ASA, Modeling The Future!
ANNUAL
COAST TRIP
…in lavish accommodation facilities…
N'ASA, Modeling The Future!
ANNUAL
COAST TRIP
…and the ocean as your playground.
N'ASA, Modeling The Future!
CAMPING
SPREES
Visit top camping destinations around the country
N'ASA, Modeling The Future!
CAMPING
SPREES
Take time to relax and unwind
N'ASA, Modeling The Future!
CAMPING
SPREES
Memories to be treasured a lifetime
CHARITY
EVENTS
N'ASA, Modeling The Future!
N'ASA, Modeling The Future!
CHARITY
EVENTS
The Tunza Initiative, Ngong’.
N'ASA, Modeling The Future!
CHARITY
EVENTS
Sharing love with the less fortunate.
N'ASA, Modeling The Future!
CHARITY
EVENTS
These kids need your support!
N’ASA PUBLICATIONS:
THE NU ACTUARY
MAGAZINE
N'ASA, Modeling The Future!
N'ASA, Modeling The Future!
NU Actuary
Magazine
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!
N'ASA, Modeling The Future!
N’ASA WEBSITE
http://studentorganisations.uonbi.ac.ke/
nasa/
N'ASA, Modeling The Future!
The official N’ASA website:
N'ASA, Modeling The Future!
From the 2014/15 N’ASA committee.
KARIBU N’ASA!