Why Risk & Actuarial

We live in a risky world, and people and businesses are increasingly aware of the need to manage risk. Businesses in all industries – particularly financial services – strive to manage their risk to ensure their success.

The UNSW School of Risk and Actuarial Studies offers an undergraduate Bachelor of Actuarial Studies as well as a Master of Actuarial Studies. Our Students in our undergraduate degree can choose to major in actuarial studies, actuarial risk management, or quantitative data science, and the degree can also be combined with other commerce and business disciplines, and with some science disciplines, including computer science,  mathematics and statistics. These program options provide a highly valued and broad-based education as well as exemptions from the actuarial profession examinations. 

The Master of Actuarial Studies, and extension, covers the professional actuarial courses up to Associate Actuary level. This degree is designed for graduates with a strong mathematics or quantitative finance background. It also provides the Part II and more advanced Risk Management and analytics courses covering the CERA syllabus for actuarial graduates. Both are available for full-time and part-time students. 

We also offer courses in Superannuation in both actuarial and economics programs. 

What Does Risk & Actuarial Studies Cover?

Are you interested in applying your mathematics and statistics skills in a rewarding business career? By undertaking actuarial studies, you'll draw on your problem solving, reasoning and well-rounded business skills to manage risk. 

 You'll discover: 

  • Models used to quantify and manage risks including financial and insurance risks 
  • Modern analytics methods including various statistical and machine learning techniques as well as their business and actuarial applications
  • Principles of pricing and risk assessment, used in insurance 
  • Products offered by insurance companies, benefit plans, and financial service companies 

Actuarial studies at UNSW combine professional actuarial courses with a wide range of other relevant disciplines. In fact, you can choose from the widest mix of majors and combined degrees on offer at an Australian university.

Our teaching program is founded on an excellent research culture, ensuring courses take into account the latest developments in the field. You'll graduate with specialist skills to apply in a variety of insurance, superannuation, funds management, banking and consulting roles. 

Teaching and learning environment

The School of Risk and Actuarial Studies is committed to providing a learning environment that supports students.

The School's programs and degrees consistently attract the brightest students, both domestically and internationally, providing a high quality group of fellow students.

Academic staff innovations and the teaching evaluation process lead to course and program improvements aimed at supporting student learning.

The Peer Assisted Study Sessions (PASS) is a highly successful program, which provides additional peer support to first year students in the undergraduate program.

Additional learning and language support is available from the Education Development Unit (EDU) in the Business School. The EDU provides individual and small group consultations, academic skills workshops, discipline-specific support workshops and a range of study skills resources, materials and handouts.

Looking for a course coordinator or someone to help?

+61 2 9385 3391