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NAIROBI UNIVERSITY ACTUARIAL STUDENTS ASSOCIATION (N’ASA) N'ASA, Modeling The Future!

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Presentation on theme: "NAIROBI UNIVERSITY ACTUARIAL STUDENTS ASSOCIATION (N’ASA) N'ASA, Modeling The Future!"— Presentation transcript:

1 NAIROBI UNIVERSITY ACTUARIAL STUDENTS ASSOCIATION (N’ASA) N'ASA, Modeling The Future!

2 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!

3 Our Patron – Prof. P.G.O. Weke N'ASA, Modeling The Future!

4 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!

5 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!

6 How to interact with N’ASA Like the “Nairobi University Actuarial Students Association - N’ASA” Facebook page

7 Follow @UoN_Actuaries on Twitter We follow back!

8 ACADEMICS N'ASA, Modeling The Future!

9 THE UoN BSc. ACTUARIAL SCIENCE COURSE (I07) N'ASA, Modeling The Future!

10 A four-year course with: 12 units in 1 st year. 12 units in 2 nd 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). N'ASA, Modeling The Future!

11 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. N'ASA, Modeling The Future!

12 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!

13 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. N'ASA, Modeling The Future!

14 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!

15 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!

16 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!

17 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!

18 Welcome to the world’s top profession and all the best in your endeavors. N'ASA, Modeling The Future!

19 WHAT EVENTS DOES N’ASA HOLD? N'ASA, Modeling The Future!

20 CORPORATE EVENTS N'ASA, Modeling The Future!

21 ANNUAL DINNER 2013 Dinner held at The Tribe Hotel N'ASA, Modeling The Future!

22 DINNER 2014 THE CROWNE PLAZA HOTEL N'ASA, Modeling The Future!

23 ANNUAL DINNER Yes, actuaries can dress up! N'ASA, Modeling The Future!

24 ANNUAL DINNER Beauty and brains! N'ASA, Modeling The Future!

25 ANNUAL DINNER Red carpet photo shoots! N'ASA, Modeling The Future!

26 ANNUAL DINNER Interact and network with professionals. N'ASA, Modeling The Future!

27 ANNUAL DINNER Savor 4 course dining. N'ASA, Modeling The Future!

28 ANNUAL DINNER ELEGANCE REDEFINED N'ASA, Modeling The Future!

29 Corporate Talks from: Actuaries Professionals in the financial world Former students Professional bodies N'ASA, Modeling The Future!

30 SOCIAL EVENTS N'ASA, Modeling The Future!

31 TEAM BUILDING Letting loose away from the mathematics. N'ASA, Modeling The Future!

32 TEAM BUILDING Limitless fun out in the wild! Challenge nature – and win! N'ASA, Modeling The Future!

33 TEAM BUILDING Forming friendships that last! N'ASA, Modeling The Future!

34 CULTURAL DAY Celebrating Diversity! N'ASA, Modeling The Future!

35 ANNUAL SPORTS DAY An entire day dedicated to fun and sports! N'ASA, Modeling The Future!

36 ANNUAL COAST TRIP After a year of academic excellence… N'ASA, Modeling The Future!

37 ANNUAL COAST TRIP …you deserve a break far away from the city… N'ASA, Modeling The Future!

38 ANNUAL COAST TRIP …in lavish accommodation facilities… N'ASA, Modeling The Future!

39 ANNUAL COAST TRIP …and the ocean as your playground. N'ASA, Modeling The Future!

40 CAMPING SPREES Visit top camping destinations around the country N'ASA, Modeling The Future!

41 CAMPING SPREES Take time to relax and unwind N'ASA, Modeling The Future!

42 CAMPING SPREES Memories to be treasured a lifetime N'ASA, Modeling The Future!

43 CHARITY EVENTS N'ASA, Modeling The Future!

44 CHARITY EVENTS The Tunza Initiative, Ngong’. N'ASA, Modeling The Future!

45 CHARITY EVENTS Sharing love with the less fortunate. N'ASA, Modeling The Future!

46 CHARITY EVENTS These kids need your support! N'ASA, Modeling The Future!

47 N’ASA PUBLICATIONS: THE NU ACTUARY MAGAZINE N'ASA, Modeling The Future!

48 NU Actuary Magazine The 2014 Edition is out! N'ASA, Modeling The Future!

49 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!

50 N’ASA WEBSITE http://studentorganisations.uonbi.ac.ke/ nasa/ N'ASA, Modeling The Future!

51 The official N’ASA website: N'ASA, Modeling The Future!

52 From the 2014/15 N’ASA committee. KARIBU N’ASA!


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