The Bachelor of Actuarial Studies, UNSW Sydney, supercharges your maths skills to solve important business problems. Develop a specialist skillset and pair it with a second major in a business field of your choice, such as finance, fintech, information systems or actuarial risk management and analytics.
Gain practical, real-world experience through excellent internships. There are great opportunities for work placements with the University’s distinguished industry partners, and the scope to study or work overseas as part of your degree.
Graduate with business acumen and the specialist quantitative techniques that lead to niche and crucial roles in insurance, superannuation, consulting, data analytics and financial services organisations.
Being able to model and analyse data is such a diverse tool and these skills can be transferred from predicting customer behaviour all the way to modelling the movement of participants in a welfare system.
Why choose this bachelor’s degree?
The Bachelor of Actuarial Studies has the freedom to choose exciting electives or a business major in areas such as accounting, finance, information systems or actuarial risk management and analytics. This challenging and rewarding program has the opportunity for global work and study experiences and professional recognition. Within 3 years, you will be ready for a quantitative role in the financial services, insurance and superannuation industries.
The 1st year of the program will introduce the topics of accounting, financial management, actuarial studies, probability, economics, business finance and people management.
See the program structure for detailed information.
In the 2nd year, explore actuarial models, financial mathematics, probability and stats. This year gives the option to choose a second business major or add interesting electives from across UNSW. This year would be a good time for an internship in Australia or overseas.
The final year concludes with more on models and stats, data analytics, life contingencies, general insurance techniques, superannuation and retirement, asset-liability and derivative models.
This degree is professionally recognised and prepares graduates with a career-ready standard of knowledge. It is fully accredited by the Institute of Actuaries of Australia and relevant courses are approved for VEE by the Society of Actuaries (SOA) in the US.
During your study, make use of
Career Accelerator, a portfolio of professional development opportunities that are exclusive to UNSW Business School students and include:
UNSW Business School degrees are shaped by industry leaders and world-class academics who recognise the future will present career opportunities that don’t exist today. Our Bachelor of Actuarial Studies is designed to train your mind to adapt to future challenges. You will understand business concepts, practise problem-solving, and build skills in critical thinking and decision making
Limited places are available for the
Bachelor of Actuarial Studies (Co-op), a 4 year program that incorporates an annual scholarship, 3 internships and industry mentoring.
Who is this degree for?
- High-achieving students looking for a foundation to enter the actuarial profession
- Those with a passion for mathematics, who like to analyse data to solve business and financial problems
Job and career prospects
Actuaries evaluate and manage risk, by applying mathematical, statistical, and financial analyses across a wide range of industries, including insurance, superannuation, wealth management, data analytics, banking and finance. Graduate roles may include:
- Actuarial Analyst
- Asset Management Trainee
- Business Consultant
- Credit Analyst
- Insurance Analyst
- Investment Banker
- Risk assessment Officer
- Superannuation Adviser
- Wealth management Analyst
Find out how we prepare our graduates for career success
Why the Business School?
UNSW Business School is a leading business school in the Asia-Pacific, and we rank 1st worldwide for Risk and Actuarial Studies.
Read more about our rankings and reputation.
Our students build professional networks among more than 90,000 Business School alumni worldwide and begin their new career before graduation. This undergraduate degree incorporates a suite of professional development opportunities offered by
Career Accelerator, that are exclusive to UNSW’s Business School students. Career Accelerator helps you build industry connections through
mentoring, and you can undertake
global business practicums for credit towards your degree.