WPCS 2.1.2
Tuition Fees:$2,936 /year
Part-time Study:2 Years
Applications Begin:April 2021
Final Award:Bachelor of Commerce Honours (BCom Honours))
Start Date:February 2022
Academic Unit:Faculty of Commerce
Campus:Upper Campus
Application Deadline: 31 October 2021
Programme Overview

The UCT Honours Programme in Actuarial Science is an intensive programme which is aimed at graduates who have completed either the BCom (Actuarial Science), the BSc (Actuarial Science) or the Postgraduate Diploma in Management (Actuarial Conversion Course) at UCT or an equivalent degree from a recognised university.

Candidates will be required to have completed subjects corresponding to A111-A113 and A211-A213 of the Actuarial Society of South Africa curriculum.

Successful completion of this programme could lead to exemptions from some of the examination papers which a candidate must pass in order to be admitted as a Fellow of the Actuarial Society of South Africa (corresponding to the subjects A215, A311 and NA211 ).

The current requirement to be exempted from a particular subject is that the candidate should have achieved at least 60% in the final examination of an equivalent university course.

It must be stressed however that the programme is extremely demanding, and that it is likely that only the very best students will successfully complete the programme obtaining the maximum number of exemptions. Thus before we could consider admitting anyone to the programme it is necessary that we look at a full academic transcript to determine the suitability of the applicant.


– Actuarial Science III: Actuarial Risk Management
– Actuarial Research Project
– Professional Communication (Actuarial Science)
– Actuarial Science III: Financial Economics, OR Finance Honours Selected Topics

Admission Requirements

Admission Requirements
An undergraduate degree such as the BCom (Actuarial Science) or the Advanced Diploma in Actuarial Science (Actuarial Conversion Course) from UCT or, with the permission of the programme convener, an equivalent degree from another recognised university

Application Process
Application Fees for South African & SADC Students: $6
Application Fees for International Students: $18

How to apply

Postgraduate applications are only possible online and must be submitted at

If you need help in completing your application, or advice about your choice of programme, contact:
Tel: (021) 650-2128 or email:
The Admissions Office is located on Level 4, Masingene Building, Middle
Campus, and will where necessary refer you to a faculty office or department for more details information or advice.

Career Opportunities

Some career opportunities are;
– Consulting Graduate Trainee
– Fraud Data Scientist
– Scorecard Analyst
– Actuarial Analyst
– Actuarial Specialist

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Tuition Fees for South African & SADC Students: $2,936
Tuition Fees for International Students: $5,729

Please note that fees and payment requirements differ for local and international students. A further distinction is made between international students from the SADC region, international students from elsewhere in Africa, and international students from outside Africa. The following information does not apply to students registering at the Graduate School of Business (GSB).

Students must pay the Course Fees for the selected courses, plus an International Admin Service Fee of R4, 000 plus the International Term Fee where applicable
– International Admin Service Fee – R4000
– International Term Fee from outside Africa- R49900
– International Term Fee Non-SADC – R37263
– South Africa and SADC Application fee – R100
– Outside of SADC region – R300

Relevant Contact

Mr Pieter Botha
Programme Convener
Mrs Nikki Cavernelis
Administrative Officer