Overview

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 program’s 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

3587

UAC Code

424620

Total units of credit (UOC)

192

Campus

Kensington

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.

Majors

  • Accounting
  • Actuarial Studies
  • Business Economics
  • Business Law
  • Business Strategy and Economic Management
  • Finance
  • Financial Economics
  • Human Resource Management
  • Information Systems and Information Technology
  • International Business
  • Management
  • Marketing
  • Mathematics
  • Oceanography
  • Real Estate Studies
  • 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

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 1

Entry requirements

2018 Lowest Rank

97.5 + Co-op

2019 Guaranteed Entry

98.00 + Co-op

2018 A Levels

A Levels + Co-op

2018 IB Diploma

39 + Co-op

2018 QLD OP

3 + Co-op

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, 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.

Please see this degree's Additional Selection Criteria and ensure you also complete these requirements.

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

$10,958*

Commonwealth Supported Place, Student Contribution Band 3.

* 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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