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Stream Information

Master of Business Science (MBusSc)
by Coursework and Dissertation or Long Paper

Rules

Award of the degree of Master by coursework and dissertation or long paper shall be dependant on the candidate completing the prescribed courses and submitting an acceptable research dissertation or long paper.

A candidate may apply for credit for up to four points in respect of courses where the candidate has passed an equivalent level examination at another university, through the Institute of Actuaries and Faculty of Actuaries (ST-series or SA-series), or at another institution recognised by the Senate for this purpose.

A candidate who holds a Postgraduate Diploma in Actuarial Science of the University shall be required to complete a dissertation or long paper to fulfil the requirements for the award of the degree.

A candidate may register concurrently for the Postgraduate Diploma in Actuarial Science. Provided he/she has been registered for the required minimum number of years, he/she shall be granted the Postgraduate Diploma in Actuarial Science on completing the prescribed courses.

Curriculum

Candidates will be required to complete courses worth at least 8 points from the following courses:

Course (Points)
BUS5018F Life Insurance (4)
BUS5019F Pensions (4)
BUS5035S Specialist Finance & Investment A (4)
BUS5028S Pensions Specialist (8)

The requirements for the award of the degree of Master in the field of Actuarial Science by coursework and dissertation or long paper can be met in either of the following two ways:

Alternative 1 (dissertation):

  • Prescribed Courses (listed above) counting 8 points; plus
  • A dissertation counting 16 points

or

Alternative 2 (long paper) - 12 points of coursework from:

  • Prescribed Courses (listed above) counting at least 8 points;
  • One of the following courses (counting up to 4 points):
    • BUS5021F Selected Research Topics;
    • BUS5022F Selected South African Topics; plus
  • A long paper of smaller scope than the dissertation in the first option, counting 12 points).

Stream Information

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