Bachelor of Actuarial Science (Honours)

Bond University

Australia, Gold Coast

University Rank:#587

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Duration2 semester(s)

Tuition Fee

AUD 18,315 / semester(s)

Next IntakeSeptember 1, 2026

Bachelor of Actuarial Science (Honours)

About

The amount of data available to corporations is expanding rapidly and requires trained professionals to analyse this data and provide business insights. A Bachelor of Actuarial Science (Honours) will develop your skills for crunching numbers to create practical solutions for real-world problems.

An integral part of the program is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject.

Completing a Bachelor of Actuarial Science (Honours) allows students with an Actuarial Science degree to further develop their technical skills and learn how they can be best used within a broader business and economic setting. You will also have the opportunity to complete the university-based component of Part II (Actuary program) accreditation and receive a qualification with the Actuaries Institute and the designation of Actuary. Full Part II (Actuary program) accreditation requires the completion of two subjects which are only delivered by the Actuaries Institute in an online environment.

The Bachelor of Actuarial Science (Honours) program is an 80 credit point, two-semester program of independent research and study culminating in the production of a research thesis and presentation of a research seminar. Students undertake a program of course-work and research in which they conceptualise, plan, organise, undertake, and report on an independent research project, whilst being supervised.

Requirements

Entry Requirements

Recognised 4 year Bachelor degree equivalent to an Australian Bachelor degree 3.00

4 year Bachelor degree - 4 point grading scale

Students who have successfully completed at least 120 CP in the Bachelor of Actuarial Science or equivalent with a Grade Point Average of at least 2/4 (credit average or better) may then apply for the honours program.

Bond Actuarial Science students admitted into the honours program are eligible to apply for a competitive annual scholarship (up to 50% tuition Fee-waiver) which requires a minimum applicant GPA of 3.0 (on 4-point scale) to be considered.

Recognised 4 year Bachelor degree equivalent to an Australian Bachelor degree 3.50

4 year Bachelor degree - 5 point grading scale

English Program Requirements

English language proficiency requirements

Bond's programs are taught and assessed in English, so depending on your educational background and citizenship, you may be required to provide evidence that your English language ability meets our requirements. This may include submitting results from an approved English Language Test taken in the past two years - you can see the required results for the most common approved tests below. There are other ways to demonstrate English language proficiency and gain entry into this program, including demonstrating prior study in English, or other qualifications. If your qualification does not meet the English language requirements then you will need to provide an English proficiency test for admission.

International English Language Testing System (IELTS) Academic: International English Language Testing System (IELTS) Academic Overall score 6.5 with no sub score less than 6.0
Pearson Test of English (PTE) Academic: Pearson Test of English (PTE) Academic Overall score 58 with no Communicative Scores below 50
Test of English as a Foreign Language Internet-Based Test (TOEFL iBT): Test of English as a Foreign Language Internet-Based Test (TOEFL iBT) Overall score 79 (no scores below 21 in Writing, 18 in Speaking, and 16 in Reading and Listening)

Career

Where will your degree take you?

The growing demand for actuarial skills in evaluating risk, creating innovative business solutions as well as analysing complex data is due to organisations realising the benefits to be gained from interpreting and understanding quantitative information of all kinds.

Bond Actuarial Science graduates are very well placed in the job market with skills highly transferrable between countries.

Outcomes

Actuary

Actuaries are well-rewarded for their analytical and problem-solving skills in a growing number of industries. A newly qualified fellow can expect to earn around $125,000 per year and incomes rise quickly while senior actuaries can easily earn over $300,000 a year. Actuaries are no longer restricted to the finance and insurance industries, opportunities for actuaries are opening up in diverse areas such as health, education, energy and environment, public infrastructure, and genetics.

Business Analyst

The projected job growth over the next five years for business analysts is 29.6% making the profession in high demand across various industries. The skill set you gain from an actuarial science degree may also prepare you for a career as a business analyst, where your work will typically involve examining the operations, structure and policies of an organisation and recommending solutions to enable them to achieve their goals.

Data Scientist

A data scientist is responsible for designing and implementing data-based collection and models, creating algorithms and predictive outcomes. Their role encompasses developing tools, automation systems and data frameworks to both frame and solve complex problems.

Fee Information

Tuition Fee

18,315 / semester(s)

Bachelor of Actuarial Science (Honours)

Bond University

Australia, Gold Coast

Go to Official Website