Colleges and Universities Offering Bachelor of Science with Honours (Actuarial Science) in South Africa

Bachelor of Science with Honours (Actuarial Science) program equips students with advanced knowledge and skills in mathematics, statistics and finance. This rigorous degree program focuses on risk assessment, financial modeling and data analysis, preparing graduates for a rewarding career in the actuarial field. By studying actuarial theory, probability and insurance mathematics, students develop a deep understanding of complex financial systems.

Upon completion, graduates can pursue various career opportunities including:

1. Actuarial Analyst
2. Risk Analyst
3. Investment Analyst
4. Underwriter
5. Pension Fund Manager
6. Financial Consultant
7. Insurance Specialist
8. Data Scientist
9. Statistician
10. Researcher

Institutions Offering Bachelor of Science with Honours (Actuarial Science)

•  University of Pretoria, Pretoria  
  Admission Requirements:
  Relevant bachelor’s degree with Mathematical Statistics and Actuarial Science
  Mathematical Statistics and Actuarial Science passed at final-year level
  A weighted average of at least 60% at final-year level
  An admission interview may be required
  Pass the following module/subject (or equivalent) at final-year level: Contingencies
  Requirement: Exemption for at least five of the A100- and A200-level subjects of the Actuarial Society of South Africa
  
  Selection Process:
  A limited number of students will be admitted
  Selection is based on the number of exemptions from the Actuarial Society of South Africa examinations achieved during undergraduate studies
  Students who took longer than three years to complete their degree need an extra exemption for each additional year for comparison with students who took only three years
  
  Duration of study:
  1 year, full-time.
•  University of the Witwatersrand, Johannesburg  
  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 5 exemptions on the 2018 ASSA syllabus, and have passed A302 (or equivalent).
  
  Students who completed their degree in a prior calendar year will be expected to have more exemptions or ASSA passes.
  
  
  Course Duration: 1 year
  
  Mode of Study: Full time
•  University of the Free State, Bloemfontein  
  

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