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Insurance is how companies and individuals protect themselves against the risk of loss, and against loss itself. This may involve property, life, health, or income. Insurance is a form of risk management.
Risk management refers to the way in which risks are identified, assessed, and prioritised, and the means used to minimise, monitor, and control the threat posed by unpredictable events.
Major Combinations
APS
39+
English Home Language OR First Additional Language
Level 5
Mathematics
Level 5
Wait listing
Applicants with an APS of 35-38, as well as English 6 and Mathematics 6, will be wait-listed subject to place availability.
International Students
Once you have been accepted to study at the University of the Witwatersrand, Johannesburg you need to meet some requirements:
Wits offers professional development in this field outside of actuarial science studies. There is a high demand for graduates with insurance and risk management knowledge in senior management positions within this industry.
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The amounts listed may exclude fees related to textbooks, study notes, excursions and lab fees.
All international students (those who are not South African citizens or who do not have permanent residence status in South Africa) are required by the Department of Home Affairs to provide proof of available funds for the tuition fee for the academic year prior to receiving his/her study visa.
Students from the Southern African Development Community (SADC) member countries pay annual local tuition fees and related costs. The SADC member countries are Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, Tanzania, Zambia and Zimbabwe.
75% of the annual tuition fee is payable on or before registration, as well as 75% of the on-campus accommodation fee. This payment includes the annual tuition fees and other related costs. The balance of the fees is payable by 31 March for undergraduate students.
This excludes students with Refugee status.
It should be noted that International undergraduate students from outside of SADC pay double the local tuition fees.