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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.
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.

Qualification: BCom

School: Business Sciences

Faculty: Commerce, Law and Management

Duration: 3 years

Study mode: Full-time

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.

Find out more about the BCom Insurance and Risk Management here.

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

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.

Major Combinations

  • Economics
  • Finance
  • Law
  • Management

APS 
39+
English Home Language OR First Additional Language
Level 5
Mathematics 
Level 5 

Wait-listing

Applicants with an APS of 35-38, as well as English Level 6 and Mathematics Level 6, will be wait-listed subject to place availability.

  • The Student 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 applications via the Self Service Portal.
  • If you are an international applicant and/or have a foreign qualification, please click here.

Click here to see the current average tuition fees for the first year of study. The Fees Office 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 office provides information about 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.