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Insurance and Risk Management

Does risk management and the probability of disaster fascinate you? Are you analytical and focused, with good attention to detail? A career in insurance and risk management might be for you.

Overview


Insurance is how companies and individuals protect themselves against the risk of loss and against loss itself. This may involve property, life, health, or income. Insurance is a form of risk management. 

Risk management refers to the way in which risks are identified, assessed and prioritised and the means used to minimise, monitor and control the threat posed by unpredictable events.

Wits offers professional development in this field outside of actuarial science studies. There is a high demand for graduates with insurance and risk management knowledge in senior management positions within this industry.

Career Opportunities


  • Appraiser
  • Asset Manager
  • Claims Adjustor
  • Compliance Officer
  • Insurance Analyst
  • Insurance Broker
  • Financial Advisor
  • Sales Representative
  • Underwriter

Curriculum


Major Combinations

  • Economics
  • Finance
  • Law
  • Management

Entry Requirements


APS  38+
English Home Language OR First Additional Language Level 5
Mathematics Level 5 

Waitlisting

Applicants with an APS of 35-37, as well as English Level 5 and Mathematics Level 5, will be wait-listed subject to place availability.

International applicants 
For specific international entry requirements, click here to view the full guidelines.

University Application Process


  • The 足球竞彩app排名 Enrolment Centre at Wits handles all student applications.
  • Please click here for an overview of the application process. 
  • Check the admission requirements for your degree. Check if any additional selection requirements apply. 
  • Submit your application, required documentation and application fee before the closing date.
  • Once you have applied, an Admissions Consultant will be assigned to your application.
  • Applicants can monitor the progress of their application/s via the Self Service Portal.
  • Part-time students are not eligible for NSFAS funding, University Entrance Scholarships, or campus residence placement.
  • If you are an international applicant and/or hold a foreign qualification, please click here.

Compliance with the minimum requirements does not guarantee a place at the University. The University has a specific number of places for first year undergraduates, approved by the Department of Higher Education and Training. Final selection is made subject to the availability of places, academic results and other entry requirements where applicable.

University Fees and Funding


Click here to see the current average tuition fees for the first year of study. The Fees website also provides information about the payment of fees and closing dates for fees payments. Once you have applied you will be able to access the fees estimator on the student self-service portal. 

The Financial Aid and Scholarships Office provides information on student funding and scholarships. University-funded Scholarships include Vice-Chancellor's Scholarships, University Entrance Scholarships, Equality Scholarships, Sports Scholarships and National Olympiad winner awards. For information about NSFAS funding, please visit the NSFAS websiteExternal bursaries portal: The Bursaries South Africa website provides a comprehensive list of bursaries in South Africa.