The Department Of Insurance
Actuarial Science

Mr Henry Tshuma : Chairperson

The Department of Insurance and Actuarial Science strives to become a leading centre for higher learning in the continent and beyond.  The department offers unique programmes in the country.  Currently, we are the only institution offering Actuarial Science in Zimbabwe.  Regionally, we are the only ones offering Master of Science in Risk Management and Insurance.  The success of our programmes is built on the partnership we have with the Insurance Industry in Zimbabwe and, Institute and Faculty of Actuaries (UK).

Programmes On Offer

Take a look at what we are offering you

Undegraduate Degree Programmes

Bachelor Of Commerce Honors Degree In Actuarial Science

Our programmes are internationally recognised and more crucially they qualify for exemption status for the professional studies offered by the Chartered Insurance Institute (CII) UK and the Institute and Faculty of Actuaries.


Three "A" level Subjects which must include mathematics and any of the following:  Economics, Accounting, Statistics or any other relevant subjects. Further Mathematics is an added advantage for Actuarial Science.

Postgraduate Degree Programmes

Master Of Science [MSc] In Risk Management and Insurance


Our Master of Science in Risk Management and Insurance is one of the best in Africa.  We pride ourselves with qualified lecturers from the department.  We also have lecturers from City University and Witwatersrand teaching on the programme thereby bringing vast experience from international jurisdiction. 


 For entry into the programme, a candidate must:

  • Hold a good honours degree or equivalent, preferably Lower Second Class (2.2) or better from a recognised university in any business related field. In addition, the candidate must have thorough knowledge of insurance/and or risk management disciplines.
  • Hold a general degree or equivalent, preferably Lower Second Class (2.2) or better, from a recognised university coupled with a professional qualification in insurance and/ or risk management from a recognised institution. Associate or holders of advanced diplomas from internationally recognised institutions e.g. The Chartered Insurance Institute of Zimbabwe (IIZ and the Insurance Institute of South Africa (IISA) with at least three (3) years of working experience at supervisory or management level will also be considered.  Applicants holding these professional qualifications must show proof of having the final level of the qualification’s examination(s) to be admitted into the MSc Risk Management and Insurance programme.
  • Short listed candidates for admission to the MSc Risk Management and Insurance programme may be interviewed as part of the selection process.


The programme is currently being offered on a part time block release basis over a minimum period of 24 months of which a minimum of 6 moths is for the dissertation.    The academic year normally runs from August to July.

Our Departmental Staff


Mr A. Dube

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Mrs B. Khumalo

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Mr T. Makuyana

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