Princess Nourah Bint Abdulrahman University's Mathematical Actuarial and Financial program has earned international recognition through a listing by the Society of Actuaries' University-Earned Credit program at the UCAP-IC tier, marking a notable step for actuarial education in the Kingdom.
The program is a Bachelor of Science major taught entirely in English over a four-year duration. It was introduced in 1446 AH and is designed to build strong foundations in mathematics, finance, and actuarial science for students entering a specialized and in-demand field.
the coursework prepares students for two core professional actuarial examinations — Exam FM and Exam P — and includes Validation by Educational Experience (VEE) coverage in Economics. This alignment gives graduates a head start toward internationally recognized actuarial credentials.
Why it matters for students
Actuaries play a key role in insurance, banking, pensions, and risk management, sectors that are expanding across Saudi Arabia. International recognition of the program means graduates can pursue globally accepted qualifications while studying at home, supporting the wider push to develop specialized local talent.
Admission to Princess Nourah Bint Abdulrahman University is handled through the Unified Admission Platform. Non-Saudi applicants residing outside the Kingdom can apply through the Study in Saudi platform. No specific tuition figure was available for this program at the time of writing.
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