List Of Actuarial Science Schools In South Africa 2025-2026
Actuarial Science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. It consists of a number of interrelated subjects such as probability and statistics, finance and economics.
Here are the List Of Actuarial Science Schools In South Africa
University of Kwa-Zulu Natal Department Actuarial Science
Wits University Department Actuarial Science
Stellenbosch University Department Actuarial Science
University of Cape Town Department Actuarial Science
University of Pretoria Department Actuarial Science
University of the Free State Department Actuarial Science
Is actuarial science a good degree?
Actuarial science, math, statistics, economics, business and finance degrees are all good training for an actuarial career. However, actuaries come from a variety of educational backgrounds. Actuaries may have majors in areas such as operations research, physics, engineering, and even fine arts.
What can I do with an actuarial science degree?
Graduates from an actuarial science degree program can also use their education to become business analysts, budget analysts, analysts intelligence agencies, research analysts, financial analysts, insurance underwriters or insurance claims adjusters
Why should I study actuarial science?
Not to be confused with mathematics or accounting, a degree in actuarial science teaches you to assess risk by leveraging statistics and analytics. Actuaries use these skills to help companies, private corporations, and even the government make crucial decisions about how to manage risk.
How long does it take to study actuarial science in South Africa?
A: Most students take more than ten years to become an actuary, but the minimum is 8 years. This is broken up into phases: Undergraduate degree (minimum three years), Honours degree (minimum one year), work and study simultaneously through correspondence (minimum four years)
Where can I study actuarial science?
List of Best Actuarial Science Universities
- Columbia University.
- University of Pennsylvania.
- University of Leicester.
- Heriot-Watt University.
- University of Waterloo.
- Wisconsin School of Business.
- UNSW Australian School of Business.
- The University of Hong Kong
What does an actuary earn in South Africa?
The average Actuary salary in South Africa is R 8 100 000 per year or R 4 154 per hour. Entry level positions start at R 1 065 000 per year while most experienced workers make up to R 10 800 000 per year.
