Purpose and Rationale of Qualification:
Purpose:
The primary purpose of this qualification is to provide qualifying learners with the following:
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Develop theoretical skills: Formulation of new models and methods for the analysis and interpretation of data.
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Problem-solving skills: Ability to formulate questions within a mathematical or probabilistic framework.
The qualification prepares learners for the following:
- Career as a Statistician in Commerce or Industry.
- Academic career at a University or Technikon.
- Entrance to a research-based higher qualification, such as Master of Science (MSc).
- Entrance to the professional examinations of the United Kingdom (UK) based Institute of Actuaries and Faculty of Actuaries.
Rationale:
- This qualification is a specialisation in the field of Mathematical Statistics to prepare learners for research-based Postgraduate study.
- The qualification aims to consolidate and deepen learners' expertise in Mathematical Statistics.
- Develop research capacity in the Methodology and Techniques of Mathematical Statistics.
- Demands a high level of theoretical engagement and intellectual independence.