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It details the examination structure (Parts A1, A2, A3, NA, F1, F2, NF), including workshop-based work learning, and outlines the B.Com. (Actuarial Science) degree year-by-year subjects. The document also describes how exemptions may be obtained via accredited university courses and specifies admission requirements based on NSC averages, Mathematics and language thresholds.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/university-of-stellenbosch-actuarial-science-programme-admissions-and-programme-structure/398810/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/university-of-stellenbosch-actuarial-science-programme-admissions-and-programme-structure/398810.png","ImageObject",300,407,{"name":92,"@type":93},"Rowan","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-03","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",12,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What do actuaries focus on in their work?","Question",{"text":113,"@type":114},"Actuaries analyze and model financial risk and contingent events. They also manage asset and liability concerns, communicate methods and conclusions, and provide practical long-term solutions to complex problems.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How can students become an actuary through ASSA?",{"text":118,"@type":114},"Students must pass the ASSA examination structure across Parts A1, A2, A3, NA, F1, F2, and NF. Some elements involve work-based learning, workshops, and group discussions, with assessments delivered online or via traditional examination.",{"name":120,"@type":111,"acceptedAnswer":121},"How does the B.Com. (Actuarial Science) programme support ASSA exemptions?",{"text":122,"@type":114},"The programme is structured so students can obtain exemptions for all Part A1 & A2 subjects (including associated computer-based examinations) and the Foundation Actuarial Professional Practice subject. Additional exemptions are addressed through the B.Com. Honours programme and postgraduate pathways, depending on subject level.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},398810,1790648339,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":19,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":52,"preview_page_count":4},1099514067415,"https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502","University of Stellenbosch Actuarial Science Programme  \n1. What are Actuaries?  \nActuaries have been described as being:  \n• Experts in the analysis and modelling of situations involving financial risk and contingent events.  \n• Concerned with asset and liability management and associated risks – in other words with both sides of the balance sheet.  \n• Professionals who are respected, trusted and admired, and who are independent in outlook.  \n• Highly practical, innovative, versatile and numerate.  \n• Able to provide realistic solutions to complex problems and with a long term forward looking outlook on issues.  \n• Good communicators who can explain methodology and conclusions to others and contribute to multi-disciplinary teams.  \n2. How to become an Actuary  \nTo become an actuary (a Fellow member of the Actuarial Society of South Africa (ASSA)– an internationally-recognised qualification)– students will need to pass the following set of examinations through ASSA:  \nPart A1 (Foundation Technical)  \nA1 11 Actuarial Statistics  \nA1 12 Business Economics  \nA1 13 Business Finance  \nPart A2 (Intermediate Technical)  \nA211 Financial Mathematics  \nA212 Risk Modelling and Survival Analysis  \nA213 Contingencies  \nA214 Actuarial Economic Modelling  \nPart A3 (Core Principles)  \nA311 Actuarial Risk Management  \nPart NA (Normative Skills – Actuarial Professional Practice)  \nN111 Foundation Actuarial Professional Practice  \nN211 Communications  \nN311 * Core Actuarial Professional Practice  \nPart F1 (Fellowship Principles)– Any two subjects from: F102 Life Insurance Principles  \nF103 General Insurance Principles  \nF105 Finance and Investment Principles  \nF106 Enterprise Risk Management  \nF107 Banking Principles  \nF108 Social, Health and employee Benefits Principles  \nPart F2 (Fellowship Applications)– Any one subject from: F201 Health and Care Applications  \nF202 Life Insurance Applications  \nF203 General Insurance Applications  \nF204 Retirement and Related Benefits Applications  \nF205 Finance and Investment Applications  \nF206 Banking Applications  \nPart NF (Normative Skills – Actuarial Professional Practice)  \nN411 * Fellowship Actuarial Professional Practice  \n* Taken while working, involving the attendance of workshops and group discussions together with completing the required Work-based Learning (WBL) . Assessments may be online or by traditional examination.  \n3. University of Stellenbosch Actuarial Programme  \nThe B.Com. (Actuarial Science) degree is structured as follows:  \nFirst Year:  \n• Actuarial Science 112 and 142  \n• Business Management 113 and 142  \n• Computer Science 113  \n• Economics 114 and 144  \n• Financial Accounting 188  \n• Mathematics 114 and 144  \n• Probability Theory and Statistics 144  \nSecond Year:  \n• Actuarial Science 211 and 241  \n• Economics 214  \n• Financial Risk Management 212  \n• Mathematical Statistics 214 , 245 and 246  \n• Mathematics 214 and 244  \nPlus at least one of:  \n• Financial Risk Management 242 , or  \n• Economics 244  \nThird Year:  \n• Actuarial Science 311, 341 and 371  \n• Mathematical Statistics 312, 316, 344 and 364  \nNote:  \nActuarial Science lectures will be presented in English (with simultaneous translations available into Afrikaans for those who require this) . In some of the larger courses, e.g. first year Economics, separate English and Afrikaans classes are likely to be available. The notes, tests and examinations in all Actuarial Science modules will be in English. In other subjects students will have the option of writing in English or Afrikaans.  \n4. Obtaining Exemptions from the Profession’s Examinations  \nThe level of accreditation the university has with the Actuarial Society of South Africa provides our graduates the opportunity to obtain the maximum number of exemptions from the profession’s examinations available through any university.  \nOur actuarial programme is structured in such a way that students can obtain exemption from all of the Part A1 & A2 subjects (including the ","cbCailevSmWe5DrE","https://ap.wps.com/l/cbCailevSmWe5DrE","pdf",125617,"English","# What are Actuaries?\n# How to become an Actuary\n# University of Stellenbosch Actuarial Programme\n# Obtaining Exemptions from the Profession’s Examinations\n# Admission Requirements","[{\"question\":\"What do actuaries focus on in their work?\",\"answer\":\"Actuaries analyze and model financial risk and contingent events. They also manage asset and liability concerns, communicate methods and conclusions, and provide practical long-term solutions to complex problems.\"},{\"question\":\"How can students become an actuary through ASSA?\",\"answer\":\"Students must pass the ASSA examination structure across Parts A1, A2, A3, NA, F1, F2, and NF. Some elements involve work-based learning, workshops, and group discussions, with assessments delivered online or via traditional examination.\"},{\"question\":\"How does the B.Com. (Actuarial Science) programme support ASSA exemptions?\",\"answer\":\"The programme is structured so students can obtain exemptions for all Part A1 \\u0026 A2 subjects (including associated computer-based examinations) and the Foundation Actuarial Professional Practice subject. Additional exemptions are addressed through the B.Com. Honours programme and postgraduate pathways, depending on subject level.\"}]","University of Stellenbosch Actuarial Science Programme - Admissions and Programme Structure | PDF",1790489093]