Postgraduate Diploma in Actuarial Science
The Postgraduate Diploma in Actuarial Science cover certain subjects of the Actuarial Society of South Africa, in addition to some elective modules. Successful students are able to obtain exemptions from the examinations of the actuarial profession in respect of the subjects covered in the postgraduate qualifications.
The Postgraduate Diploma and Master's programmes cover subjects at the Fellowship Principle level.
Contact information
Programme overview
More information
When applying
Please note that selection for postgraduate programmes is highly competitive. Meeting the minimum admission requirements does not guarantee admission to the programme.
Minimum admission requirements
A BCom (Actuarial Science) or equivalent degree with Actuarial Science and Mathematical Statistics as majors and Mathematics to at least second-year level.
Exemptions from or passes in the profession’s examinations for at least six of the foundation technical and intermediate technical examinations of the Actuarial Society of South Africa (or at least six of the core principles examinations of the Institute and Faculty of Actuaries).
Please note:
It is expected that you should have an average mark for both third-year Actuarial Science and third-year Mathematical Statistics of at least 60%.
Selection
The number of students selected will be influenced by, among other things, staff capacity and the availability of resources within the Department, as well as academic merit and university transformation objectives. As staff capacity and resources may fluctuate from year to year, the number of students selected can also differ from year to year.
Should the applicants who meet the admission requirements exceed the capacity of the Department, the criteria of the admission requirements will be used to rank the applicants in order of suitability, and to finalise the list of selected applicants.
Supporting application documents
Curriculum vitae (CV)
A document that outlines your educational level, employment history, description of work experience, especially that is relevant to your application to study and contact details of three referees.
Document placeholder name on application portal:
Curriculum vitae (CV)
Programme structure
Programme content
You must earn a total of at least 120 credits for this programme.
The elective modules that you may take to make up the total number of credits are listed below.
Elective modules (120 credits)
12302 Actuarial Risk Management 774 (60)
13697 Capita Selecta: Actuarial Applications A 811 (60)
13699 Capita Selecta: Actuarial Applications B 841 (60)
14224 Capita Selecta: Actuarial Principles A 741 (6)
14225 Capita Selecta: Actuarial Principles B 742 (15)
14226 Capita Selecta: Actuarial Principles C 743 (30)
10365 Enterprise Risk Management Principles (F106) 846 (45)
10364 Finance and Investment Principles (F105) 845 (45)
10360 General Insurance Principles (F103) 843 (45)
10368 Health and Care Principles (F101) 811 (45)
10372 Life Insurance Principles (F102) 812 (45)
10376 Pensions Principles (F104) 814 (45)
Furthermore, you may take modules totalling up to 30 credits from topics offered in the Mathematical Statistics or Financial Risk Management postgraduate programmes (as approved by the Head of Actuarial
Science from time to time).
Please note:
Some of the elective modules may not be offered in a given year. Please contact the Department of
Statistics and Actuarial Science to find out which modules will be available.