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Becoming a student member

 

In order for you to enter for examinations or apply for exemptions you first need to apply for student membership of the Actuarial Society of South Africa.

Step 1: Meet the academic requirements for student admission

The Admissions Committee, on behalf of Council, will at its discretion normally admit as a student member an applicant who has achieved the academic requirements listed below subject to satisfactory conduct.

For admission as a student member of the Actuarial Society of South Africa a person must have passed either Mathematics II or Mathematical Statistics II (on the mainstream level, rather than any ancillary level) through a recognised university, and have met the minimum performance requirements as set out below.

Undergraduate students

Minimum performance:

  • At least 70% for Mathematics I; or
  • At least 65% for Mathematics II or Mathematical Statistics II.

Students with a university degree

Minimum performance:

  • Have met the minimum performance requirements set out above for undergraduate students; or
  • A major in Mathematics, Mathematical Statistics or Actuarial Science and have met the following minimum performance requirements:
    • At least 70% for Mathematics I; or        
    • At least 60% for one of Mathematics, Mathematical Statistics or Actuarial Science (in the second or third year of study); or
  • A Bachelors degree, with a major in Actuarial Science, from a university with full Level 2 accreditation from the Actuarial Society, and with passes in subjects equivalent to at least 7 of the 8 A100 and A200 level subjects of the Actuarial Society (CT1-CT8); or
  • An Honours (or equivalent four-year) degree in Actuarial Science, including a pass in Subject A301 of the Actuarial Society (CA1); or
  • Have reached the standard required for an exemption from any of the A200 examinations of the Actuarial Society (CT1, CT4, CT5, CT6 or CT8).

Note: Where a minimum mark is specified for a particular subject this refers to the average mark for all modules which constitute that subject.

Step 2: Obtain a recommendation

Students who studied at accredited universities

Applications for admission from students who have studied at universities accredited by the Actuarial Society need to include a recommendation from the university’s Accreditation Actuary (by way of his/her signature as a referee on the application form).

The Accreditation Actuaries are as follows:

University  Actuary 
University of Cape Town Ms Shivani Ramjee
University of Stellenbosch Prof Garrett Slattery
University of Pretoria Prof Rinus du Plessis
University of the Witwatersrand Prof Stephen Jurisich
University of the Free State Mr Frans Koning
North-West University
(Potchefstroom Campus)
Ms Janette Larney

Students who studied at non-accredited universities

Applications for admission from students who have studied at universities that are not accredited by the Actuarial Society do not need a recommendation from an Accreditation Actuary. Upon receipt by the Actuarial Society all such applications will be sent to the Convenor of the Society’s Admissions Committee for consideration.

Step 3: Complete the application form

Complete the Student Membership application form (pdf). Note that:

  • Application forms must be completed in black ink.
  • All fields should be completed.
  • Incomplete application forms will not be processed and will cause delays.

Step 4: Submit the application form and required documents

Documents to submit

  • Your completed application form.
  • Certified copy of your ID document. 
  • For foreign students: certified copy of your passport.
  • Certified copy of your NSC/Matriculation results.
  • Your original university academic transcripts (no certified copies will be accepted).

Closing dates for applications

Students intending to write the examination in April 2014 must submit their documents on or before 31 January 2014. Students applying for admission after the closing date will not have their applications processed in time to apply to write an examination in the next examination diet.

Address for submissions

Postal address for post / speed post Physical address for courier service
Actuarial Society of South Africa
P.O. Box 4464
Cape Town
8000

Do not send via registered mail 
Actuarial Society of South Africa
C/o Old Mutual Office 2
2nd Floor West End Mall
Jan Smuts Drive
Pinelands
7405