The Department of Statistics and Actuarial Science is one of the Departments in the Faculty of Physical and Computational Sciences, Kwame Nkrumah University of Science and Technology (KNUST), Kumasi, Ghana. The Department, originally subunits in the Department of Mathematics, was established as an autonomous department in the 2019/2020 academic year to serve the university and the global community. The Department of Mathematics admitted the first batch of students into the Statistics and Actuarial Science programmes in 2005, and awarded the first bachelor degree certificate in 2009. The Statistics programme commenced in 2011 with the first batch BSc degree enrollments. Since then, the programmes have attracted a large number of potential applicants for both undergraduate and postgraduate programmes with a current student population of about 1,370 undergraduates and 130 postgraduate students. The Department offers high quality training and research in all the functional and professional areas of Statistics and Actuarial Science.
In view of the continuously changing dynamics of tertiary education training and increasing competition for limited resources, strategizing to remain relevant and deliver the mandate to produce high quality graduates with requisite skills and competencies to develop as entrepreneurs or meet high skilled labour demands is a necessity. Our Strategic Plan as a department would be used to harness our efforts in helping to garner our strengths, weakness, challenges, identify critical needs, and ways in which these needs could be met.
The department as the locus of academic and professional training has its functions and responsibilities stated in the University Statutes, 2004 under Section 41 (schedule C2). The function can be surmised as develop teaching syllabuses in consultation with stake holders, maintain high standard of teaching and research with adequate facilities, engage community and industry.
The Department is guided by these core values in its operations:
- Efficient resource utilisation.
The Department offers undergraduate and postgraduate degree programmes in Statistics and Actuarial Science and has distinguished faculty members who have in-depth knowledge in the area of Statistics, Actuarial Science and their theory with applications. The Department is endowed with highly knowledgeable professionals and delivers a world-class classroom experience teaching for their students. The current staff strength of the Department stands at fifteen (23) Teaching staff: 2 Professor, 10 Senior Lecturers, 6 Lecturers, 4 Assistant Lecturers, 1 Part-time Lecture; 3 Administrative staff and 1 Technical staff.