BCom (Actuarial Science)
This programme is the first step in the training of actuaries. One can describe Actuaries as independent professionals who are experts in analysing and modelling situations involving financial risk and contingent events. They are capable of assessing the risks involved and communicating what the results mean in financial terms. Their work directly involves managing assets and liabilities (such as investments and loans) and associated risks.
Contact information
Programme overview
Duration
Three years
Campus
Stellenbosch
More information
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Career opportunities
To become an Actuary (Fellow of the Actuarial Society of South Africa) you need to pass the fifteen examinations of the professional body and have sufficient work experience. Successful university studies may result in exemptions from many of these examinations.
Occupations:
Actuary
Minimum admission requirements – NSC/ IEB
- An NSC aggregate of at least 80% (excluding Life Orientation)
- Mathematics 80%
- Home Language 60%
- If the Home Language (in the requirement above) is not English, then also English First Additional Language 75%
- Mathematics 80%
- Home Language 60%
- If the Home Language (in the requirement above) is not English, then also English First Additional Language 75%
Minimum admission requirements – International curricula
IEB-ISC
IEB-ISC write NBTs AQL and MAT IEB-ISC aggregate of at least 85% (excluding Active Citizenry) Mathematics 80% Home Language 60% If the Home Language (in the requirement above) is not English, then also English First Additional Language 75%
German Abitur
University Exemption with 85% average
English First Language 6 (Nam 8)
Maths 11 (Nam 12)
International Baccalaureate Diploma (IB Diploma)
University Exemption with 85% average
English First Language 4 on HL or as a Second Language 4 on HL or 5 on SL
Maths 6 on SL OR Maths 5 on HL
Cambridge International/Pearson Edexcel AS-level , IGCSE/O-level
University Exemption with
85% average
English First Language C on AS-Level/GCSE/O-Level
Maths A on AS-Level
Cambridge International/Pearson Edexcel A-level , IGCSE/O-level
University Exemption with
85% average
English First Language E on A-Level or C on GCSE/O-Level
Maths C on A-Leve
IEB-ISC write NBTs AQL and MAT IEB-ISC aggregate of at least 85% (excluding Active Citizenry) Mathematics 80% Home Language 60% If the Home Language (in the requirement above) is not English, then also English First Additional Language 75%
German Abitur
University Exemption with 85% average
English First Language 6 (Nam 8)
Maths 11 (Nam 12)
International Baccalaureate Diploma (IB Diploma)
University Exemption with 85% average
English First Language 4 on HL or as a Second Language 4 on HL or 5 on SL
Maths 6 on SL OR Maths 5 on HL
Cambridge International/Pearson Edexcel AS-level , IGCSE/O-level
University Exemption with
85% average
English First Language C on AS-Level/GCSE/O-Level
Maths A on AS-Level
Cambridge International/Pearson Edexcel A-level , IGCSE/O-level
University Exemption with
85% average
English First Language E on A-Level or C on GCSE/O-Level
Maths C on A-Leve
Programme structure
Full-time
Last updated
01 April 2026
Disclaimer:
The University reserves the right to amend the information on this webpage at any time. While every effort is made to ensure that the information provided is accurate and complete, it may be subject to change or become outdated. It remains the responsibility of prospective students to verify all details against the relevant faculty yearbook or directly with the relevant department.