The Bachelor of Business Science in Actuarial Science at UCT is South Africa's most demanding and most prestigious quantitative business degree, consistently producing graduates who go on to lead the insurance, investment, and risk management industries. The programme develops advanced proficiency in statistics, financial mathematics, and stochastic modelling, while preparing students for the professional examinations of the Actuarial Society of South Africa (ASSA). A parallel stream in Quantitative Finance shares the same mathematical foundations but is oriented towards derivatives, algorithmic trading, and quantitative asset management. UCT actuarial graduates are among the most highly sought globally, with strong placement records at Nedbank, Old Mutual, Sanlam, Discovery, and international firms in London and New York.
English Home Language or English First Additional Language: 60% (HL) / 80% (FAL)
Mathematics: 80%
APS: 500