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Business Management and Economics
Bachelor of Actuarial Studies
Bachelor of Actuarial Studies

Bachelor of Actuarial Studies

  • ID:MU610035
  • Level:3-Year Bachelor's Degree
  • Duration:
  • Intake:

Fees (AUD)

Estimated Total/program:
Accept letter

Admission Requirements

Entry requirement

English requirement

IELTS Overall:  6.5, Reading: 6, Writing: 6, Listening: 6, Speaking: 6


Course Information

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper.

In the professionally accredited Bachelor of Actuarial Studies, you’ll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.


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Course structure

  • Essential units

  • Introduction to Actuarial Studies

  • Principles of Economics 1

  • Principles of Economics 2

  • Mathematical Modelling IB (Advanced)

  • Statistical Data Analysis

  • Mathematics of Finance

  • Finance and Financial Reporting

  • Contingent Payments

  • Statistics

  • Probability

  • Survival Models

  • Elective units

  • Mathematical Modelling IA

  • Mathematical Modelling IA (Advanced)

  • Quantitative Asset and Liability Modelling 1

  • Quantitative Asset and Liability Modelling 2

  • Mathematical Theory of Risk

  • General Insurance Pricing and Reserving

  • Advanced Mathematical Modelling and Optimisation

  • Analysis

  • Linear Models

  • Capstone unit

  • Actuarial Modelling

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Pre Courses

No Course!
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Pathway Courses

No Course!
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Career Opportunity

Career Opportunity

  • Actuary

  • Claims adjuster/examiner/investigator

  • Fund manager

  • Insurance analyst

  • Life, general or health insurance specialist

  • Pricing/marketing actuary

  • Risk analyst

  • Superannuation consultant

  • Underwriter

  • accounting firms

  • actuarial and superannuation consulting firms

  • banks and funds management

  • general insurance companies

  • health insurance companies

  • life insurance companies

Ability to settle

Overseas Student Health Cover

OSHC: 530 ($) AUD per year

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