Bachelor of Commerce Honours in Actuarial Science at Stellenbosch University

Programme overview

The BCom Honours in Actuarial Science provides advanced training in actuarial science and related quantitative disciplines and covers subjects aligned with the professional curriculum of the Actuarial Society of South Africa. It is offered full-time and face-to-face over a minimum of one year.

Faculty: Economic and Management Sciences | Department: Statistics and Actuarial Science | Duration: One year | Location: Stellenbosch, Western Cape, South Africa

What you will study

At least 120 credits: compulsory modules Actuarial Risk Management (A311) (60 credits) and Research Assignment: Actuarial Science (30 credits), plus elective modules of at least 30 credits such as Capita Selecta: Actuarial Principles A, B and C and Communications (N211), including at least 24 credits from Mathematical Statistics or Financial Risk Management honours topics approved by the Head of Actuarial Science.

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Application information

Entry requirements

A BCom (Actuarial Science) or equivalent degree with Actuarial Science and Mathematical Statistics as majors; passes in university modules equivalent to at least six of the seven ASSA foundation and intermediate technical subjects; and exemptions from (or passes in the profession's exams for) at least five of the foundation and intermediate technical examinations, including at least A211 or A213 (CM1). An additional exemption is needed for each year beyond the minimum three-year bachelor's duration; applicants with only four exemptions (after a three-year bachelor's) or five (after a four-year bachelor's) may be considered for an extended two-year honours. An average of at least 60% for both third-year Actuarial Science and third-year Mathematical Statistics is expected. If applicants exceed capacity they are ranked by the admission criteria.

The application fee is R100 for South African citizens, permanent residents and refugee, asylum seeker and diplomatic status holders, and R400 for international applicants. Stellenbosch Business School applicants pay R1050 for the MBA and R850 for other SBS programmes. Some applicants are exempt; application fees are non-refundable.

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