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Advanced Diploma in Actuarial Science Course Requirements at University of Cape Town

University of Cape Town · Faculty of Commerce

Advanced Diploma Accounting & Finance

The Advanced Diploma in Actuarial Science is an advanced Diploma offered by University of Cape Town for 2027 learners, taking 1-2 years to complete. This page covers the Grade 12 subjects and admission score you need to qualify, what the course involves, where you can study it, the careers it leads to, and how to apply.

Grade 12 Required Subjects to study Advanced Diploma in Actuarial Science at University of Cape Town

Requires an undergraduate degree majoring in Mathematics or Mathematical Statistics with at least two years of relevant coursework, minimum marks in specified UCT courses (around 60-65%), and passing or exemption from the Actuarial Society's A211 exam.

About this course

This qualification allows graduates with a strong mathematics or mathematical statistics background to complete further actuarial coursework needed to progress toward professional actuarial exams. It requires prior tertiary study of pure mathematics and mathematical statistics and, in some cases, prior actuarial exam credits. It is intended as a stepping stone into the actuarial profession for students who did not complete an actuarial-specific undergraduate degree.

Possible careers

How to apply for 2027 studies

Apply directly through UCT's own online application system (applyonline.uct.ac.za); this listing does not process applications.

Course intelligence for Advanced Diploma in Actuarial Science

Data-driven planning insights for this specific course: job market outlook, NSFAS funding, and how competitive admission is likely to be.

Not on the scarce-skills list

Job market outlook

Advanced Diploma in Actuarial Science doesn’t currently appear on the national scarce-skills list as an Actuarial Analyst. That’s not a red flag on its own, most jobs in South Africa aren’t on that list, it just tracks where employers reported the strongest hiring pressure. Your own results, experience and network will matter more here than national demand trends.

Likely NSFAS-eligible

NSFAS funding

As an Advanced Diploma at University of Cape Town, a public institution, this course generally falls within NSFAS’s undergraduate funding scope. Funding is means-tested and not automatic, so confirm your own eligibility at nsfas.org.za before relying on it.

Moderately competitive

Admission chances

Admission competitiveness meter for Advanced Diploma in Actuarial Science at University of Cape Town: Moderately competitiveAccessibleModerateCompetitiveVery competitive

This course sits in the middle for competitiveness. With its published admission requirements, you have a reasonable chance if you apply in good time, though it’s not a sure thing. Don’t leave your application to the last week.

These insights are estimates generated from South Africa’s National List of Occupations in High Demand (DHET, November 2023 draft), NSFAS’s published funding rules, and this university’s general applicant demand. They’re planning guidance, not a guarantee. Always confirm funding and admission specifics directly with University of Cape Town and NSFAS.

Applications for 2027 studies
Open: 1 April 2026
Close: 31 July 2026

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Source: uct.json, last verified 2026-08-22. Requirements and fees change. Always confirm current details directly with University of Cape Town before applying.