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Applied Science and Basic Science
Bachelor of Actuarial Science (3 Year Program)
Bachelor of Actuarial Science (3 Year Program)

Bachelor of Actuarial Science (3 Year Program)

  • ID:BU610002
  • Level:3-Year Bachelor's Degree
  • Duration:
  • Intake:

Fees (AUD)

* * The fees listed are average costs displayed to provide an indicative program cost only, they may differ to the indicative fee included in the Bond University offer letter due to differences in individual and exact study schedules.

Estimated Total/program:
Apply
60
Accept letter
100
Visa
20
Fly
1

Admission Requirements

Entry Requirements

Bond University accepts undergraduate applications from students based anywhere in the world. Our applicants typically include domestic and international students who have completed Year 12 in Queensland or elsewhere in Australia, or equivalent secondary studies in other countries

As a general rule, Bond University imposes a minimum age requirement of 17 years and a minimum entry score (expressed as an OP, ATAR, IB or equivalent)

Applicants with recent secondary education (within the past two years)

  • Min ATAR: 90

  • Min OP: 6,

  • Min IB: 32

English Requirements

  • International English Language Testing System (IELTS) Academic: Overall 6.5 with no sub score less than 6.0

  • Test of English as a Foreign Language internet-Based Test (TOEFL iBT): 79

  • C1 Advanced: 176 (No sub score less than 169)

  • Pearson Test of English Academic (PTE) 58

Course Information

Bond’s Bachelor of Actuarial Science (3 Year Program) develops students’ skills in the challenge of crunching 'big data' numbers to create practical solutions for real-world problems.

Bond is one of seven in Australia and the only university in Queensland to be Accredited by the Actuaries Institute.  It is an innovative and immersive program where you will combine elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making.

Successful completion of the program provides all university components of Part I (Foundation Program) exemptions with the Actuaries Institute.

CRICOS code: 0101285

More Info: Click here

Structure and subjects

Bachelor of Actuarial Science (3 Year Program) comprises 24 subjects, as follows:

University core subjects (3)

  • CORE11-001 Critical Thinking and Communication

  • CORE11-002 Collaboration, Teams and Leadership

  • CORE11-003 Responsibility, Integrity and Civic Discourse

Plus: CORE11-004 Beyond Bond: Professional Development and Community Engagement

Required subjects (14)

  • ACCT11-100 Accounting Principles

  • ACSC12-200 Mathematical Statistics

  • ACSC12-201 Financial Mathematics

  • ACSC13-301 Contingencies

  • ACSC13-305 Actuarial and Financial Models

  • ACSC13-306 Stochastic Processes

  • ACSC13-307 Survival Analysis

  • ECON11-100 Principles of Economics

  • ECON12-200 Linear Models and Applied Econometrics

  • ECON12-202 Contemporary Macroeconomics Issues

  • FINC11-101 Fundamentals of Finance

  • FINC13-301 Corporate Finance

  • FINC13-303 Portfolio Analysis and Investment Management

  • STAT11-112 Quantitative Methods

Electives (7)

Students can choose 7 General Elective Subjects (70CP).

  • General elective – A subject that may be chosen from any subject on offer across the University provided requisites, enrolment restrictions and any other faculty requirements have been met.

Major/Minor

  • Students are encouraged to undertake an optional major (60CP) or minor (40CP). This will replace six (6) or four (4) of your general electives. 

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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

The growing demand for data science skills is due to organisations realising the benefits they can gain from analysing big data, particularly in applications of data mining, machine learning and other techniques across many industries. The Bachelor of Actuarial Science (3 Year Program) will prepare students for rewarding careers in a range of disciplines, including:

  • Climatology

  • Consulting

  • Data Analytics

  • E-Commerce

  • Economics

  • Finance

  • Health

  • Insurance

  • Infrastructure

  • Research

  • Risk Management

  • Safety

  • Science

  • Statistics

  • Superannuation

  • Technology

Ability to settle

Overseas Student Health Cover

OSHC: 530 ($) per year

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