University of Cape Town — Commerce
UCT APS min 475 (Band C). Guaranteed admission: APS 500+. Mathematics 80%. English HL 60% or FAL 80%. NBT AQL Proficient required. Highly competitive. Actuaries use statistical and mathematical techniques to evaluate uncertain financial risks in insurance, banking, pensions, and investments. Pathway toward the FASSA qualification. Quantitative Finance shares the same foundations with more emphasis on investment banking and derivatives trading.
Note: Pure Mathematics is required (Mathematical Literacy is not accepted).
UCT APS = English% + best 5 other subjects% (excl. Life Orientation), max 600. Commerce, Engineering, Humanities and Law: FPS = APS. Science FPS doubles Mathematics and Physical Sciences (max 800). Health Sciences FPS adds NBT score (max 900). Min APS values shown are Band C (minimum consideration)