University of the Witwatersrand campus

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BSc Honours Actuarial Science at University of the Witwatersrand

University of the Witwatersrand, South Africa

Programme overview

Interested in becoming an expert in long-term financial calculations, solvency of life assurers, and pension and provident funds? Then this 1 year full-time BSc Honours degree in the field of Actuarial Science is for you. The curriculum of the degree includes Actuarial Liability Management, Actuarial Marketing & Product Development, Investment & Asset Management, a Research Project, Seminars on current Actuarial Topics, and any two electives from Actuarial Practice in Life Assurance, Actuarial Practice in General Insurance, Actuarial Financial Theory and Application, Actuarial Practice in Banking, and Actuarial Practice in Health, Social, and Employee Benefits. All 5 elective options are onl

Faculty: Science  |  Department: Statistics and Actuarial Science  |  Duration: 1 year  |  Study mode: full-time  |  Location: Johannesburg, Gauteng, South Africa

Career pathways

An actuary is a professional who applies analytical, statistical and mathematical skills to financial and business problems. Actuaries are able to provide realistic solutions to complex problems with a long term forward view.

Official programme page

Application information

Entry requirements

Minimum Actuarial Science Honours entry requirement for students currently in the final year of a Bachelor’s degree is a completed Bachelor’s degree in Actuarial Science that covered the A100 and A200 subjects of the Actuarial Society of South Africa (ASSA). In addition, students must have obtained at least five A100 and A200 ASSA exemptions, and have passed N211 (or equivalent). Students who completed their degree in a prior calendar year will be expected to have more exemptions or ASSA passes. Current final year UG students who have not yet completed their final exams should upload two documents: A page confirming that you are a current third-year student at your university, and include your estimate of the number of exemptions you expect, and If you are not yet an ASSA member, a note stating this, which replaces your ASSA exemption record.

Tuition is charged per module, so the total depends on the modules you register for each year. Current fees are listed in the official fee schedule.

Postgraduate applications are made online at www.wits.ac.za/applications; the closing date for each programme is listed in its course finder entry. The application fee is R200 (not payable by current Wits students applying online), paid via the Self-Service Portal or by EFT to the Wits University Application Fees account at FNB.

Apply through the official page: https://www.wits.ac.za/applications

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