The programme consists of a dissertation. Additional modules (as approved by the postgraduate coordinator) may be required depending on the candidate’s background and the scope of the study.
Further details are available from the Head of the Department of Insurance and Actuarial Science as well as in the departmental brochure.
The MSc degree is conferred on the grounds of a dissertation and such additional postgraduate coursework as may be prescribed.
Renewal of registration
As long as progress is satisfactory, renewal of the registration of a master’s student will be accepted for the second year of the study. Registration for a third and subsequent years will only take place when the Student Administration of the Faculty receives a written motivation that is supported by the head of department and Postgraduate Studies Committee.
Candidates are required to familiarise themselves with the General Regulations regarding the maximum period of registration and the requirements on the submission of a draft article for publication.
A BScHons degree in Actuarial Science with a minimum of 60% for all modules at honours level. In the selection procedure the candidate's complete undergraduate and honours academic record will be considered.
Admission is also subject to the availability of a suitable supervisor for the study.
Promotion to next study year
The progress of all master's candidates is monitored biannually by the supervisor and the postgraduate coordinator. A candidate's study may be terminated if the progress is unsatisfactory or if the candidate is unable to finish his/her studies during the prescribed period.
Subject to exceptions approved by the dean, on recommendation of the head of department, and where applicable, a student may not enter for the master's examination in the same module more than twice.
Pass with distinction
The MSc degree is conferred with distinction to candidates who obtain a final average mark of at least 75% and a mark of at least 75% for the dissertation/mini-dissertation from each of the members of the examination panel. Where a member of the examination panel awards a mark of less than 75% for the dissertation/mini-dissertation, that member of the examination panel must offer, in writing, support for his/her decision, or indicate in writing that he/she supports the examination committee's decision to confer the degree with distinction.