Overview

This double degree will give you the advanced mathematics knowledge and practical actuarial skills you need to succeed in the financial services or insurance industries.Actuaries play a vital role in strategic planning and financial management in the financial services, insurance and superannuation industries. This degree provides a solid foundation to enter the actuarial profession through studies in mathematics, statistics, accounting, economics, finance, demographics, analytics and modelling.Develop strong research skills with the Advanced Mathematics degree, which involves coursework and an Honours research project. Potential majors include applied mathematics, pure mathematics, quantitative risk and advanced statistics.

Program Code

3589

UAC Code

424350

CRICOS Code

088858M

Total units of credit (UOC)

240

Campus

Kensington

Indicative Enrolments

113

Why choose this degree?

This specialist double degree incorporates actuarial studies with a strong component in mathematics. You will gain the technical and specialist skills needed to pursue the role of an actuarial analyst, while acquiring advanced knowledge in mathematics or statistics. 

Who should choose this degree?

Students wishing to combine actuarial studies with advanced mathematics and who wish to complete an Honours research thesis or project in mathematics.

Majors

  • Actuarial Studies
  • Mathematics
  • Statistics

Degree Structure

Degree Handbook

Career opportunities

  • Actuarial/insurance/wealth management/credit/forecasting/data analyst
  • Asset management trainee
  • Mathematician
  • Risk assessment officer
  • Statistician
  • Wealth management analyst

UNSW Business School's Career Accelerator portfolio offers students exclusive access to a suite of for-credit, co-curricular and business experience opportunities to kick start your career.

Accreditation / Professional Recogntion

Students can gain exemption from the Foundation Program of the Actuaries Institute professional examinations, the Core Principles courses of the Institute and Faculty of Actuaries (UK) professional examinations and the Validation by Educational Experience (VEE) credit for the Society of Actuaries (USA) and Casualty Actuarial Society (USA), by achieving the required academic standard in the professionally accredited courses in their Actuarial Studies program. Similarly, some students (esp. Actuarial Studies (Co-op) students and double degree students) may also be eligible to gain exemption from the university accreditation components of the Associate Program of the Actuaries Institute professional examinations.

Assumed Knowledge

Mathematics Extension 1

Entry requirements

2019 Lowest ATAR 1

92.00

2019 Lowest Selection Rank 2

97.50

2020 Guaranteed Entry 3

97.5

2019 A levels 4

20

2019 IB Diploma 5

39

2019 QLD OP 6

2

1. 2019 Lowest ATAR

The 2019 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.

2. 2019 Lowest Selection Rank

The 2019 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2019.

3. 2020 Guaranteed Entry

Find more information on Guaranteed Entry here.

4. 2019 A levels

Information on how A levels are calculated can be found here.

5. 2019 IB Diploma

The 2019 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2019. It is to be used as a guide only.

6. 2019 QLD OP

QLD OP is an indication of the OP you would have needed to gain entry to this degree in 2019. It is to be used as a guide only.

How to apply

Applications for undergraduate study from domestic students (Australian citizens, Australian permanent residents, Australian permanent humanitarian visa holders and New Zealand citizens) are processed by the Universities Admissions Centre (UAC).

Visit the ‘Apply’ section of the UAC website and you can nominate up to five degrees in order of preference, with the first being your most desired degree and university.

On-time applications for admission usually close at the end of September each year for Term 1 admission. Late applications can be submitted, but a late fee will apply. For study starting in Term 1, the majority of offers are made in December and January.

Visit the UAC website for key dates for admission outside of Term 1.

Apply Now

Fees

Indicative First Year Fee

$10,159*

Commonwealth Supported Place – multiple Student Contribution Bands may apply for this double degree. See single degrees for the applicable fee bands.

*The student contribution for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 based on a standard full-time load of 48 credit points (1.0 EFTSL). The actual student contribution you will be liable for depends on your individual program of study and the calendar year in which you enrol. Actual fees are calculated upon enrolment. Student contribution amounts are subject to annual review by the University and may increase each year during your studies (subject to caps determined by the Australian Government), effective at the start of each calendar year.

The indicative fees listed here are based on an estimated average and are for tuition only – other fees and charges are not included.

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