Bachelor of Actuarial Studies / Bachelor of Science

Macquarie University

Actuaries analyse and manage the risks associated with finance. By studying actuarial studies with either mathematics or statistics students will gain a competitive set of specialist skills. In this degree students can major in both actuarial studies and science. The combination will give students a deeper understanding of the financial, mathematical, statistical and economic analysis needed in long term financial management.

Course Fee:

International: $145,800

Entry Requirements:

Year 12 or equivalent; Required: Mathematics extension 1 band E4; Recommended: Mathematics Extension 1 and Extension 2 with an overall mark of 180


96 credit points; minimum 60 credit points at 200 level or above; minimum 30 credit points at 300 level or above; minimum 42 credit points designated as science; completion of a qualifying major in the Bachelor of Science component

Subjects you can Study:

Astronomy and astrophysics; Biology; Biomolecular sciences; Chemistry; Climate science; Computing; Decision science; Electronics; Environmental earth science; Environmental geology; Environmental management; Geography; Geology; Geophysics; Human biology; Human geography; Information systems and business analysis; Mathematics; Palaeobiology; Photonics; Physics; Software technology; Spatial information science; Statistics; Web design and development

Further information:

Students interested in work based on the application of mathematical, statistical, economic and financial analysis to a wide range of practical problems in long-term financial planning and management. This course is available in internal attendance mode in Session 1 only.


The actuarial degree is accredited by the Institute of Actuaries of Australia (IAAust). This means that if students complete the three-year degree with grades of credit or above in the relevant units in the program, they are granted exemption from Part 1 of the IAAust's professional exams. If they complete a four-year double degree involving actuarial studies with grades of credit or above in the relevant units, they are granted exemption from Parts 1 and 2 of the IAAust's professional exams.

Accepts International Students:


Campus ATAR/OP Adjusted Mid Year Intake Study Mode Duration
North Ryde 92.45 No Full time 4 years

Macquarie — ranked among the top 1% of universities in the world — is an institution engaged with the real and often complex problems and opportunities that define our lives.

Since its foundation more than 50 years ago, Macquarie has aspired to be a different type of university: one that’s focused on fostering collaboration between students, academics, industry and society to advance world-class theoretical thinking and translating it into real-world solutions.

Macquarie is uniquely located in the heart of Australia’s largest high-tech precinct.

With more than 300 leading companies located on or around the Macquarie campus, students are able to tap into industry connections that give them an edge in their future careers. 

Macquarie’s degrees ensure students graduate with the skills and experience that employers are looking for, which is why Macquarie is ranked in the top 10 in Australia for graduate employment.

Macquarie’s degrees are designed in consultation with industry and focus on practical, ‘real-world’ learning. Such learning is facilitated through unique programs such as the award-winning Global Leadership Program, recognised as Australia’s flagship tertiary global leadership program; PACE (Professional and Community Engagement), the only program of its kind in Australia that gives students practical, work-integrated experience that’s fully integrated into their degree; and one of Australia’s best exchange programs, which allows students to gain academic credit at one of 150 global partners along with job-ready skills before they graduate.

Macquarie’s 126-hectare campus in North Ryde is connected to the Sydney CBD by fast and efficient transport: 20 minutes by car and 30 minutes by train.

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Macquarie at a glance:

  • Ranked in the top 1% of universities in the world
  • Five QS stars in teaching, employability, research, facilities, internationalisation, innovation, inclusiveness and specialist criteria
  • Ranked among the top 110 universities in the world for employability (QS graduate employability rankings, 2020)
  • 10 subjects ranked in top 100 globally (QS World University Rankings by Subject, 2019)
  • More than 150 partner universities for student exchange in more than 40 countries
  • More than 30,000 work placements or community experiences through PACE (Professional and Community Engagement) partnerships
  • More than 300 industry partners on campus or in the adjacent high-tech precinct, providing access to internship and job opportunities
  • $1 billion invested to create a collaborative campus with world-class facilities and infrastructure
  • Located in the heart of Sydney’s fastest-growing region, only 15 kilometres from the Sydney CBD
  • Over 190,000 alumni from more than 140 countries
  • Australia’s first fully integrated health precinct centred around the on-campus hospital
  • 100% of research activity rated at world standard or above
  • 30 researchers in the top 1% of scientific authors in the world


Provider CRICOS: 00002J; 02942D (ELC)

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