Bachelor of Actuarial Studies

    Bachelor of Actuarial Studies

    Duration3 year(s)
    Tuition Fee
    AUD 39,457 / Year
    Next IntakeJuly 1, 2026
    Bachelor of Actuarial Studies

    About

    Actuaries help businesses, governments, not-for-profit organisations and individuals make critical decisions for the future by evaluating risks and opportunities using advanced analytical techniques to deliver highly valued data analytics an insights.

    The Bachelor of Actuarial Studies at UNSW is the flagship entrance for the highest-achieving business students to the most competitive business program in Australia. We've had students from all over the world join us to study actuarial studies at UNSW, like Angelica Sutantyo who travelled from Indonesia to study at UNSW Business School. UNSW Business School is the global leader in actuarial studies, currently ranked #1 worldwide in risk management, insurance, and actuarial research*. Our graduates are in high demand and help organisations meet their strategic objectives.

    The Bachelor of Actuarial Studies is accredited by the Actuaries Institute and includes the option to choose a specialisation to diversify your future career as a business professional. You’ll develop a specialist quantitative skill set in actuarial models, financial maths, probability, machine learning/AI analytics, and commerce. Graduates of Actuarial Studies at UNSW are in high demand. After three-years, you’ll be ready for quantitative roles in a range of industries including financial services, insurance and superannuation.

    We're business leaders
    UNSW Business School is renowned for best-in-class teaching and student outcomes. We have been ranked Australia's #1 Business School*. That means our business education leads the way in career impact, quality and reputation.

    UNSW’s School of Risk and Actuarial ranks #1 worldwide in the UNL Global Research Rankings of Actuarial Science and Risk Management and Insurance**.

    Our graduate employability
    Gain an edge when you study with us. Employers seek our graduates, as we're known for nurturing the most employable students. Last year, 37 of the Australian Finance Review's Top100 Future Leaders Award^ recipients were UNSW graduates.

    Our distinctive degrees bring the boardroom to the classroom. You’ll discover a range of hands-on professional learning opportunities that are exclusive to UNSW Business School. Graduate career-ready with our Career Accelerator program, which offers real-world professional experiences from day one. Your future opportunities include internships, professional networking and mentoring, global opportunities, and group consulting projects.

    Double your impact with a double degree

    When you study a double degree at UNSW Business School you’re equipping yourself with a unique set of skills that will set you apart in the job market. You’ll increase both your specialist skills and employability when you study a double degree.

    Double degrees allow you to combine your interests and carve out a career path that you’re passionate about. Double degrees can help you become more of a specialist in a particular area or gain a breadth of skills that meets the demands of today’s organisations.

    Plus, a double degree won’t necessarily double your workload or study duration. Explore double degree options below.

    Actuarial double degree options:

    • Advanced Mathematics (Hons)
    • Commerce
    • Computer Science
    • Economics
    • Information Systems
    • Law
    • Science

    Honours program
    Give yourself a competitive edge by adding honours study to your degree. With an honour's degree, you’ll complete an independent research project and advanced coursework in the area of business you’re passionate about.

    Why study honours?
    1) Develop your research skills: Your honours thesis is an independent research project that combines theory, methods, creativity, and communication skills
    2) Deepen your expertise: Honours gives you the opportunity to become an expert in the field of business that interests you the most
    3) Advance your career with advanced research, problem-solving, communication, and analytical skills, you’ll stand out in the eyes of employers.

    *QS Rankings by Subject 2024

    # UNL Global Research Rankings of Actuarial Science 2023

    **AFR Top100 Future Leaders Awards 2024

    Requirements

    Entry Requirements

    Great Britain General Certificate of Education (GCE A levels)

    15.0

    All applicants must present a minimum of two Advanced Level (A2) subjects. Entry Scores are calculated from the best two, three, or four A2 Level subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2 and E=1.

    International Baccalaureate Diploma (IB)

    37.0

    Entry criteria is based on scores required for entry into UNSW in 2024 and are only applicable if the Diploma has been completed. Students currently attempting the IB Diploma or Bilingual Diploma can apply directly to UNSW or through the Universities Admissions Centre (UAC).

    Scholastic Aptitude Test (SAT) (after 2016)

    1310.0

    Scholastic Aptitude Test (SAT) based on the total of evidence-based reading and writing and mathematical test scores. Must be provided in conjunction with evidence of successful completion of senior secondary studies.

    English Program Requirements

     

    You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

    If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

    If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

    • English language tests and university English courses
    • Prior study in the medium of English
    • Other qualifications

    If you need to improve your English skills before you start your degree, UNSW College’s Academic English Programs are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

    For more details, visit the English Language Requirements page. 

    Career

    Future careers

    With highly transferable skills in analysis and statistics, you can move across the private sector, financial institutions, and government departments. UNSW Business School's Career Accelerator provides work experiences and professional development opportunities to help get you started.

    Your opportunities are supported by our industry and alumni networks. As one of Australia’s leading business schools we have strong connections to industry and more than 90,000 alumni worldwide who could be connections to your future career. Not only that, UNSW supports start-ups, with more founders than any other Australian university and over 300+ clubs to find people with complementary skillsets.

    Potential careers

    • Actuarial Analyst
    • Asset Management Trainee
    • Business Consultant
    • Credit Analyst
    • Data Analyst
    • Insurance Analyst
    • Investment Banker
    • Risk Assessment Officer
    • Superannuation Adviser
    • Wealth Management Analyst

    Honours

    Take your Bachelor of Actuarial Studies to the next level with an additional one-year Honours degree, where you'll gain advanced knowledge and research skills in your chosen area of business. You'll have the opportunity to be mentored by top-tier researchers and work on industry relevant projects while undertaking a significant research thesis. Graduate with advanced knowledge, analytical, problem-solving and research skills that are highly sought after in business and government. Learn more about Actuarial Studies Honours.

    Accreditation

    The Bachelor of Actuarial Studies provides a strong foundation for becoming an actuary or working within a related field. You can earn exemptions from the Actuaries Institute’s Foundation Program in Australia or VEE credit from the Society of Actuaries (US). Mutual recognition arrangements between major actuarial associations also mean that your professional qualifications are internationally transferrable.

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    Fee Information

    Tuition Fee
    39,457 / year
    Application Fee 150
    Bachelor of Actuarial Studies
    University of New South Wales
    University of New South Wales
    Australia

    Australia, Sydney