Develop a specialist skillset and pair it with a second major in a business topic such as; finance, fintech, information systems or actuarial risk management and analytics. Put skills and knowledge to use in real-world experiences during 3 industry training placements with our sponsors. Build professional knowledge with career mentoring that focuses on leadership.
Graduates gain the contacts, experience and technical skills for excellent career outcomes leading to key roles in superannuation, insurance and financial service organisations.
The Co-op Program was a huge help in my career. It gave me three excellent internships opportunities where I could explore different types of roles and companies. It was a fantastic learning experience and highly complemented my university degree.
Why choose this bachelor’s degree?
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.
The Bachelor of Actuarial Studies (Co-op) is a 4 year program with limited places for exceptional students. It incorporates a tax-free scholarship (paid fortnightly), a suite of professional development activities and leadership mentoring. This challenging and rewarding program has the opportunity for global work and study experiences and professional recognition. Students have the freedom to choose exciting electives or a second business major in areas such as accounting, finance, information systems or actuarial risk management and analytics.
The Co-op Program scholarship is open to high achieving high school leavers. Visit the
UNSW Co-op Program for more information and to apply.
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, undertake your 1st industry placement in conjunction with studies in actuarial models, financial mathematics for actuaries, and probability and mathematical statistics.
The 3rd and 4th years of the program provide 2 more industry placements, paired with studies in data analytics, life contingencies, general insurance, asset/liability and derivatives.
Global work/study opportunities
Co-op students can participate in an
international student exchange, international business case competitions and study tours.
Co-op Scholarship, Mentoring and Internships
The Co-op scholarship is A$19,600 each year for 4 years. It is tax-free and paid fortnightly over the duration of the program.
Students are assigned their own mentor – a graduate of the Co-op Program who helps shape goals and strategies for success in the 1st industry placement, along with general career advice.
The Program includes 3 work placements provided by the Co-op's distinguished industry partners. Sponsors include EY, PwC and NDIA.
Visit the Co-op Program for more information.
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.
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 (Co-op) is designed to embed you within industry and train your mind to adapt to future challenges. You will understand business concepts, practice problem-solving, and build skills in critical thinking and decision making.
For the 3 year non-scholarship program, visit the
UNSW Bachelor of Actuarial Studies.
Who is this degree for?
- High-achieving students who want industry training and experience throughout their degree
- Those interested in a quantitative career in the financial services, insurance or superannuation industry
- Those seeking financial support during study
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