Actuarial Science Schools In South Africa

Actuarial Science Schools In South Africa

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through intense education and experience. In many countries, actuaries must demonstrate their competence by passing a series of rigorous professional examinations.

Actuarial science includes a number of interrelated subjects, including mathematics, probability theory, statistics, finance, economics, and computer science. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes during the last 30 years due to the proliferation of high speed computers and the union of stochastic actuarial models with modern financial theory (Frees 1990).

About Seven (7) Universities in South Afirca have undergraduate and graduate degree programs in actuarial science.Below Are The List of Actuarial Science Schools In South Africa ;

Actuarial Science – Wits University

Actuarial Science-University of Pretoria

Actuarial Science, University of Cape Town

Mathematical Statistics and Actuarial Science – University of Free State

Actuarial Science – Natural Sciences | North-West University – NWU

Actuarial Science University Of Johannesburg

Actuarial Science University Of Kwazulu Natal