In response to high demand for duly qualified graduates specialized in Actuarial and Financial Mathematics to fill position in:

• Private Sector or Companies: insurance, banking, investment, pension funding, financial consulting, assets and liabilities management, healthcare funding, industry.
• Government Sector: Ministry of Finance, Ministry of Economy and Planning, Ministry of investment, Ministry of Health, Saudi Central Bank, General Organization for Social Insurance, Public Pension Agency.

The department of Mathematics at King Saud University created a new Bachelor Degree of Science in Actuarial and Financial Mathematics in 1433 H.

The AFM program aims to provide students with theoretical and practical knowledge and skills of actuarial and financial mathematics through a high-quality academic program that produces competitive graduates capable of critical thinking, analyzing risks and solving problems of the society.