Bachelor of Actuarial Studies with the degree of Bachelor of Professional Practice

Macquarie University

In this combined degree program students learn to conduct mathematical, statistical, economic and financial analysis for a range of practical problems faced in long-term financial planning and management. Students will also get to apply your knowledge and skills through long-term vocational placements in a range of professional settings throughout your studies. The course provides a comprehensive understanding in not only actuarial studies but also in economics, accounting, mathematics, statistics and finance. In students' final year, advanced skills will allow students to undertake actuarial projects on insurance liability and risk. The degree includes extensive vocational placements alternating with periods of study. Multiple vocational placements during the degree allow students to explore different career options and reflect on their experience to improve their approach to each consecutive placement. Students will receive a scholarship for the duration of their course.

Entry Requirements:

Year 12 or equivalent. Required: HSC Mathematics Extension 2 (or equivalent). Entry into this course is highly competitive. Your application is based on an assessment of academic performance and additional selection criteria. Applicant needs to be an Australian citizen or permanent resident, New Zealand citizen or humanitarian visa holder. Applicant also needs to active in school and/or community activities and demonstrate exceptional communication, teamwork, problem solving, innovation, service and leadership skills.


96 credit points; minimum 60 credit points at 200 level or above; minimum 30 credit points at 300 level or above.

Subjects you can Study:

Contigent payments, insurance methematics, mathematics of finance, probability, professional standards and practices, statistics, workplace knowledge and skills

Further information:

Macquarie University has been teaching actuarial studies since 1968. It is the first professional accredited actuarial studies program in the English-speaking world, and is the longest running program of its type in Australia. Career professions include actuary, claims adjuster/examiner/investigator, fund manager, insurance analyst, life, health or general insurance specialist, pricing/marketing actuary, risk analyst, superannuation consultant and underwriter.


This course is accredited by the Actuaries Institute. It allows you to complete Part I and one unit of Part II of the Actuaries Institute's professional requirements, subject to your academic performance in the relevant units. Macquarie is recognised as a Centre of Actuarial Excellence by the Society of Actuaries.

Related Careers:

Actuary, Marketing Officer,
Campus ATAR/OP Adjusted Mid Year Intake Study Mode Duration
North Ryde No info 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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