Insurance and Risk Management
Gain advanced knowledge of Insurance and Risk Management.
Overview
Most of the theories in insurance and risk have a strong economics grounding. The Honours Programme seeks to deepen students’ understanding of insurance and risk management as a contributor to value creation within firms and businesses and enabling households and communities to derive their livelihoods sustainably despite the presence of risk.
The Honours programme strengthens the analytical skills of students in order to provide them with skills to understand insurance and risk management in a local and global context. The programme is designed in such a way that students can choose to study on a full-time or part-time basis.
Part-time students take courses in the evenings in Year 1 and in Year 2 courses that were in the day the previous year go to the evening to enable part-time students to take them.
Curriculum
Two (2) components of the programme are compulsory. The first is BUSE4009A, on the regulation of insurance, and the second is BUSE4020A, a research paper on an insurance and/or risk management topic of a student’s choice.
In addition to the two (2) compulsory components above, a student must choose any three (3) from the following courses:
- Advanced Financial Risk Management*
- Advanced Specialised Insurance
- Reinsurance
- Advanced Liability Insurance and Risk Management
*Business Finance III (or equivalent) is a pre-requisite for this course.
Entry Requirements
- Bachelor of Commerce or Bachelor of Economic Science or equivalent.
- At least an upper second class pass in the final undergraduate course in the subject.
Honours application supporting documents needed:
1. Certified copy of your degree certificates
2. Certified copy of academic transcripts as well as grade key
3. All certificates need to be transcribed to English if in another language.
4. SAQA evaluation (International applicants)
5. Proof of English proficiency (International applicants)
6. Curriculum Vitae
University Application Process
- Applications are handled centrally by the Student Enrolment Centre (SEnC). Once your application is complete in terms of requested documentation, your application will be referred to the relevant School for assessment. Click here to see an overview of the Wits applications process.
- Please apply online. Upload your supporting documents at the time of application, or via the Self Service Portal.
- Applicants can monitor the progress of their applications via the Self Service Portal.
- Selections for programmes that have a limited intake but attract a large number of applications may only finalise the application at the end of the application cycle.
Please note that the Entry Requirements are a guide. Meeting these requirements does not guarantee a place. Final selection is made subject to the availability of places, academic results and other entry requirements where applicable.
International students, please check this section.
For more information, contact the Student Call Centre +27 (0)11 717 1888, or log a query at www.wits.ac.za/askwits.
University Fees and Funding
Click here to see the current average tuition fees. The Fees site 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.
For information about postgraduate funding opportunities, including the postgraduate merit award, click here. Please also check your School website for bursary opportunities. NRF bursaries: The National Research Foundation (NRF) offers a wide range of opportunities in terms of bursaries and fellowships to students pursuing postgraduate studies. External bursaries portal: The Bursaries South Africa website provides a comprehensive list of bursaries in South Africa.