Type of institution: University/Higher Education Institution
This is a challenging and highly rewarding program for those wanting to enter the financial services or insurance industry in a quantitative role. This program is recognised by the actuary and financial services industry and enables students to develop technical and non-technical skills needed to pursue the role of an actuarial analyst. It also allows students to enhance their studies with a second major, including Accounting, Business Economics, Finance, Information Systems, International Business, Marketing, Mathematics and Statistics. Students can fast-track professional accreditation with Part I exemptions of Actuaries Institute of Australia professional examinations, the core technical subjects of the Institute and Faculty of Actuaries (UK) professional examinations and the Validation by Educational Experience credit for the Society of Actuaries (USA).
- 24 courses (144 UOC): 12 Actuarial Studies core courses
- 3 Level 3 Actuarial Studies electives
- Business School elective
- General Education courses (chosen from other faculties)
- Free electives (which can be used to complete a second major from approved areas of study). NOTE: Some majors will require additional study above the minimum 144 UOC.
- Actuarial studies. Optional second major include: Accounting
- Actuarial risk management analytics
- Business economics
- Business strategy and economics
- Business law
- Financial economics
- Human resource management
- Information systems
- International business
- Quantitative data science
- Real estate studies
Standard entry requirements
- Year 12 or equivalent
- Assumed knowledge: Mathematics Extension 1
- Recommended: English (Advanced), HSC Mathematics Extension 2
Actuaries Institute of Australia
Students must achieve the required academic standard in their Actuarial Studies courses to gain exemption from Part I of the Actuaries Institute of Australia, the CT courses of The Institute and Faculty of Actuaries (UK) professional examinations or the VEE credit for the Society of Actuaries (USA). Students can gain exemption from Part II of the Actuaries Institute professional examinations and become an Associate member by completing the designated fourth year courses at the required academic standard.
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This program is also offered as a combined degree with Commerce, Economics, Laws, Science and Advanced Maths. The UNSW HSC Plus does not apply to the Bachelor of Actuarial Studies and its dual degrees.