Placeholder image for Actuarial Science

Actuarial Science, B.Sc.

  • Application Deadline
  • 36 months
    Duration

Overview

Overview

 An actuary is a professional who applies analytical, statistical, and mathematical skills to financial and business problems. This is especially valuable when facing problems involving uncertain future events or financial risks in insurance, retirement, investments, and risk management environments.Actuarial Science course is offered at University of the Witwatersrand, Johannesburg 

The School of Statistics and Actuarial Sciences offers the largest number of accredited subjects of any single university in Africa.

Career Opportunities

  • Asset Management
  • Banking
  • Consulting
  • Enterprise Risk Management
  • General Insurance
  • General Management
  • Health Care
  • Life Insurance
  • Research and Planning
  • Retirement Funding

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 36 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Course include:

  • Actuarial Science
  • Mathematical Statistics
  • Mathematics
  • Economic Theory
  • Business Accounting

English Language Requirements

You need the following IELTS score:

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Get a free IELTS practice test

General Requirements

  • You may apply for a maximum of three programmes (order of choice does not matter).
  • If you apply for two programmes within one Faculty, you are advised to apply for one programme in a less restricted faculty (e.g. Humanities, Commerce or Science).
  • Try to keep your options open, especially when applying for programmes in Faculties such as Health Sciences or Engineering.
  • Do not enter the duration of the programme. You are applying to go into 1st year of study.
  • A non-refundable application fee of R100 for South African citizens, and R700 for foreign citizens, is required.

Tuition Fee

  • International

    4964 USD/year
    Tuition Fee
    Based on the original amount of 4964 USD per year and a duration of 36 months.
  • National

    4964 USD/year
    Tuition Fee
    Based on the original amount of 4964 USD per year and a duration of 36 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

R71360

Living costs for Johannesburg

  • 8434 - 12040 ZAR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Wishlist

Did you know you can compare your wishlisted programmes with our new Comparison tool?