The Bachelor of Science in Actuarial and Financial Mathematics at the University of Pretoria is a three-year degree in the Faculty of Natural and Agricultural Sciences that prepares graduates for the rigorous actuarial profession — one of the most quantitatively demanding and financially rewarding careers available to South African graduates. The programme covers probability, mathematical statistics, financial mathematics, actuarial modelling, and the mathematical foundations needed to pass the professional examinations of the Actuarial Society of South Africa (ASSA) and international actuarial bodies. The actuarial profession underpins South Africa's insurance, pensions, and financial services industries — industries that together manage trillions of rands of South African savings and risk. The degree is considered highly selective, with very strong mathematical performance required for admission and sustained success.
Admission requirements: English (Home or First Additional Language): Level 5 (60-69%); Mathematics: Level 7 (80%+); APS: 36 (excluding Life Orientation).