Actuaries play a vital role in strategic planning and financial management in the financial services, insurance and superannuation industries. Combine the challenging Actuarial Studies degree with up to 18 months professional experience at industry-leading companies. This degree provides a solid foundation to enter the actuarial profession through studies in mathematics, statistics, accounting, economics, finance, demographics, analytics and modelling.

You will graduate with excellent job prospects, thanks to the Co-op programs assessable internship placements at sponsoring organisations. ???�It includes 15 to 18 months of industry training with up to three different companies, including Allianz, EY, Finity Consulting, KPMG Actuaries and PwC. You can also enhance your learning experience with our overseas exchange and global practicum program. This is a scholarship program where successful applicants receive financial support.

Program Code


UAC Code


Total units of credit (UOC)




Indicative Enrolments


Why choose this degree?

This degree has an outstanding scholarship program that incorporates an internship component and offers excellent job prospects with industry sponsors on graduation.

Who should choose this degree?

Those who are interested in a quantitative career in the financial services or insurance industry and are seeking financial support during your studies.


Choose from:

  • Actuarial Studies
  • Actuarial Risk Management and Analytics
  • Quantitative Data Science

And a second major from:

  • Accounting
  • Business Economics
  • Finance
  • Human Resource Management
  • Information Systems
  • International Business
  • Marketing
  • Mathematics
  • Statistics
  • Taxation

Degree Structure

Degree Handbook

Career Opportunities

  • Actuarial/insurance/wealth management/credit/forecasting/data analyst
  • Asset management trainee
  • Business consultant
  • Investment banker
  • Risk assessment officer
  • Statistical research analyst
  • Superannuation adviser

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 Recognition

Students who achieve the required academic standard in their Actuarial Studies courses can gain some exemptions towards accreditation with the Actuaries Institute (Australia), Institute and Faculty of Actuaries (UK) and the VEE credit for the Society of Actuaries (USA).

Assumed Knowledge

Mathematics Extension 1

Entry requirements

2021 Lowest Selection Rank 1

96.00 + Co-op

2021 A levels 2

19 + Co-op

2021 IB Diploma 3

38 + Co-op

2021 Lowest ATAR 4


1. 2021 Lowest Selection Rank

The 2020 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2020.

2. 2021 A levels

The 2020 A levels score is based on four Advanced Level (A2) subject. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.

3. 2021 IB Diploma

The 2020 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2020. It is to be used as a guide only.

4. 2021 Lowest ATAR

The 2020 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.

Additional selection criteria

Applicants for Co-op degrees at UNSW must complete a separate application via the Co-op website and an interview.

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.



2021 Indicative First Year Fee


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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