Overview

This dual 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

Why choose this degree?

This specialist dual 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

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 dual 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 2

Entry requirements

2018 Lowest Rank

97.50

2019 Guaranteed Entry

98.00

2018 A Levels
2018 IB Diploma

39

2018 QLD OP

2

How to apply

Applications for undergraduate study from domestic students (Australian citizens, permanent residents 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

Annual Tuition Fee

$10,159*

Commonwealth Supported Place - Student Contribution Bands apply for this dual award 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 pay 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 will increase each year of your period of study (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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