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An age of information
Read any articles in the media today and it
wont be long before someone, somewhere
is quoting facts and figures. As modern
technology generates large volumes of data
and information on anything you can think of,
we increasingly rely on skilled professionals
to analyse this data and information. These
professionals interpret the outcome of the
Consider a degree
programme within the
DEPARTMENT OF
Statistics and
Actuarial Science
Statistics
Our bachelor degree programmes run for three years with the option of
postgraduate study. In the first year, all students take more or less the same
subjects. From the second year, you can follow or switch to your chosen
focus of study.
Students who study Statistics acquire analytical skills for scientific decision
making in business and industry. After successfully completing their studies and
gaining sufficient practical experience, they have the opportunity of obtaining
the professional qualifications of chartered or certificated statistician.
Statistics is a truly interdisciplinary science that is used in areas as diverse as:
Depending on your interests and skills, your career may develop in:
Accounting companies;
Universities (as academics);
Actuarial science
Research institutes.
In short, actuaries are professional analysts who manage the financial
consequences of risk. Actuaries use mathematical techniques and models
to assess the likelihood of future events, and design creative ways to reduce
the impact of these potentially adverse events.
Our modern, fast-changing society faces many different risks. Actuaries fulfil
an indispensable role in modelling insurance and investment risk. They are the
architects of the plans that insure our lives, health and property, and pave
the way for financial security in retirement.
The actuarial qualification is a professional qualification and actuaries are among
the most highly respected and well-paid professionals in the financial industry.
Degree programmes
More information
For careers in statistics, financial risk management or actuarial science, visit:
www.beanactuary.org; www.sastat.org.za; www.actuarialsociety.org.za;
www.careerjet.co.za; www.iccssa.co.za.
For details about the admission requirements, course structure and
language policy of degree programmes, visit www.sun.ac.za/ems.