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Bachelor of Applied Finance / Bachelor of Actuarial Studies
Macquarie University
Type of institution: University/Higher Education Institution
Level: Undergraduate
CRICOS: 00002J
Finance is the study of the management of money, banking, investment and credit. An actuary analyses and manages the risks associated with finance. This double degree is designed to give students practical financial skills and an understanding of the actuarial process. By combining applied finance with actuarial studies students will deepen their understanding of the financial, mathematical, statistical and economic analysis needed in long term financial management. In this double degree students will study economics, accounting and current financial theory. They will learn mathematical techniques particularly useful to actuaries such as probability and statistics. The program has a focus on applying these skills to real financial organisations, markets and instruments.
Structure
- 96 credit points
- minimum 60 credit points at 200 level or above
- minimum 30 credit points at 300 level or above
Subjects
- Actuarial studies
- Applied finance
- Finance
- Professional accounting
Standard entry requirements
- Year 12 or equivalent
- Require: HSC Mathematics Extension 1 Band E4
- Recommended: HSC Mathematics Extension 1 and 2 with a combined mark of 180
Recognition
The actuarial degree is accredited by the Institute of Actuaries of Australia (IAAust). The Bachelor of Applied Finance and associated double degrees have been approved by ASIC (Australian Securities and Investments Commission).
Further information
This program is only recommended for students who have achieved a very high level of performance in either HSC Mathematics Extension 1 or Extension 2. This course is available in internal attendance mode in Session 1 only.
