BCom Degree in Acturial Science
Programme Type : Full Time
Fees : Fees
Faculty : Commerce
Entry requirements : 5 credits
Department : Accounting and Finance
Programme Duration : 4 & 1/2 Years
The Bachelor of Commerce (HONS) Degree in Actuarial Science is a highly specialised professional programme for practitioners in the insurance, finance and investment fields as well as those aspiring to join the same. The degree provides both theoretical and practical underpinnings to the banking field, in particular bank supervision department. Batswana have been receiving Actuarial training in the UK, Australia, New Zealand and South Africa to mention but a few, and this is the opportunity for them to now acquire the qualification at affordable rates in their environment. The degree offers students the platform to analyze the financial costs of risk and uncertainty through using mathematics, statistics, and financial theory to assess the risk that an event will occur, and they help businesses and clients develop policies that minimize the cost of that risk. The work of Actuaries is essential to the insurance industry as most of the graduates join insurance companies after acquiring the degree. The degree also offers opportunities to sit for a series of examinations in order to become certified professionals with certified bodies such as The Institute of Actuaries inculcating the principles of the Actuaries’ Code that include: Integrity, Competence and care, Impartiality, Compliance and Communication.
· Risk analyst or consultant
· Insurance underwriter
· Finance Managers
· Candidates must have obtained at least five (5) Credits at BGCSE (or equivalent) including English language and a pass in Mathematics or at least 2 subjects at the Advanced Level with a pass in Mathematics or their equivalents.
· A higher qualification in a relevant field will be an added advantage.
· Special Entry
A person who has obtained a degree of a degree awarding institution.
A person who has obtained from a University or an Institution of similar status, academic qualifications (other than degrees) acceptable to the Senate.
A person who has obtained an appropriate number of subjects at an approved examination equivalent to the standard of the Ordinary Level of the general Certificate of Education examination and has subsequently passed an intermediate or equivalent examination at a University acceptable to the Senate.
The Degree programme will run over duration of 54 months (4 and half years) for full-time learners (nine semesters in fifty-four months, consisting of six months each). The first six months (semester) is the Foundation. Learners will be required to undertake work learning attachment after completing the first two years of the programme and this will be for one academic year