Department of Actuarial Science & Risk Management

Revised & Approved Curriculum by BOS held on 7th of April, 2015

Curriculum for BS(AS&RM)
Previous Course Structure
Semester One
General English
Principles of Microeconomics
Foreign Language I
Computer Concepts and Applications
Calculus
Probability Theory and Statistics
Semester Two
Introduction to Financial Accounting
Methods in Business Writing
Foreign Language II
Principles of Macroeconomics
Financial Mathematics I
Islamic Studies
Semester Three
Principles of Marketing
Business and Professional Speech
Intermediate Microeconomics
Introduction to Business Finance
Probability Theory and Statistics II
Methods of Data Analysis
Semester Four
Intermediate Macroeconomics
Financial Mathematics II
Business Law
Principles of Management
Pakistan Studies
Model and Inferences
Semester Five
Introduction to Econometrics
Actuarial Mathematics
Principles of Risk Management
Numerical Computing

Current & Revised Course Structure

Semester One
General English
Principles of Microeconomics
Foreign Language I
Probability Theory and Statistics
Calculus I
Structured Programming Language
Semester Two
Introduction to Financial Accounting
Probability Theory and Statistics II
Calculus II
Principles of Macroeconomics
Financial Mathematics I
Islamic Studies
Semester Three
Principles of Marketing
Linear Algebra
Model and Inferences
Introduction to Business Finance
Methods in Business Writing
Financial Mathematics II
Semester Four
Numerical Computing
Business Law
Introduction to Econometrics
Principles of Management
Pakistan Studies
Method of Data Analysis
Semester Five
Financial Derivatives
Actuarial Mathematics
Principles of Risk Management
Stochastic Processes

Linear Algebra
Organizational Behavior and HRM
Semester Six
Financial Econometrics
Life and Other Contigencies
Enterprise Risk Management
Sampling Theory
Financial Derivatives
Methods in Business Research
Semester Seven
Institutional Investments
Portfolio Management
Applied Regression Analysis
Computational Methods in Risk
Corporate Finance
Elective I
Semester Eight
Decision Theory
Loss Models
Risk Financing Techniques
Productions and Operations Management
Project
Elective II
Elective Courses

Financial Econometrics
Corporate Finance
Semester Six
Portfolio Management
Life and Other Contingencies
Enterprise Risk Management
Sampling Theory
Models in Financial Economics I
Methods in Business Research
Semester Seven
Institutional Investments
Models in Financial Economics II
Applied Regression Analysis
Computational Methods in Risk Management
Loss Models I
Elective I
Semester Eight
Decision Theory
Loss Models II
Risk Financing Techniques
Time series Analysis &forecasting
Project
Elective II
Elective Courses

FRM501 Property Risk Management

FRM502 Management of Insurance Institutions
FRM503 Corporate Risk Management
FRM504 Theory of Risk and Insurance

FRM501 Property Risk Management

FRM502 Management of Insurance Institutions
FRM503 Corporate Risk Management
FRM504 Theory of Risk and Insurance
FRM505 Corporate Treasury & Risk
Management
FRM506 Financial Regulation for Risk
Management
FRM508 Financial Market Issues & Crisis
FRM510 Energy Risk Management
FRM512 International Risk & Financial
Reporting
FRM513 Project Risk Management
FRM514 Takaful & Risk Management In Islamic
Products
FRM515 International Financial Reporting &
Standards