Bachelor of Actuarial Studies

at Australian National University

Single degree

• This degree requires 24 courses (144 units)

• A maximum of 10 courses (60 units) of 1000 level courses

• 14 compulsory courses

• 10 electives (of which 2 must be CBE List 1 elective courses)
   

Commencing Semester 1:
 

Semester 1 

• ECON1101 Microeconomics 1 - 6 units

• FINM1001 Fnd of Finance - 6 units

• BUSN1001 Bus Rep & Analysis - 6 units

• STAT1008 Quant Res Methods - 6 units.
   

Semester 2 

• ECON1102 Macroeconomics 1 - 6 units

• FINM2001 Corp Finance - 6 units

• MATH1113 Math Fnd for Act Stud - 6 units

• Elective Course - 6 units
   

Commencing Semester 2:

Semester 2 

• ECON1101 Microeconomics 1 - 6 units

• FINM1001 Fnd of Finance - 6 units

• MATH1113 Math Fnd for Act Stud - 6 units

• STAT1008 Quant Res Methods - 6 units.

 

Double degree

• This degree requires 16 courses (96 units) of CBE courses

• A maximum of 8 courses (48 units) of 1000 level CBE courses

• 14 compulsory courses.

• 2 CBE List 1 elective courses
   

Commencing Semester 1:
 

Semester 1 

• STAT1008 Quant Res Methods - 6 units.

• FINM1001 Fnd of Finance - 6 units
   

Semester 2 

• MATH1113 Math Fnd for Act Stud - 6 units

• BUSN1001 Business and Reporting and Analysis - 6 units
   

Commencing Semester 2:

Semester 2 

• MATH1113 Math Fnd for Act Stud - 6 units

• STAT1008 Quant Res Methods - 6 units.
   

About this degree
 

Single degree
In a Bachelor of Actuarial Studies single degree program you will study a total of 24 courses (144 units).  Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 24 courses across your whole degree. You will need to complete a minimum of 16 CBE courses (96 units) but will also get to choose 8 courses (48 units) from other ANU Colleges.  You can try a range of courses or take a major or minor in a non-CBE subject, the choice is yours.
 

Double degree
In a Bachelor of Actuarial Studies double degree program you will study a total of 96 units.  Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 16 courses across your whole degree.  However, for each semester you are likely to take 2 courses from your Actuarial Studies degree and then 2 courses from the other half of you degree - still a total of 4 courses a semester.

Admission Requirements
 

At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not guarantee entry into the program.

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors.

The University reserves the right to alter or discontinue its programs and change admission requirements as needed.
 

International applicants

Applicants who complete a recognised secondary/senior secondary/post-secondary/tertiary sequence of study will be assessed on the basis of an equivalent selection rank that is calculated upon application. A list of commonly observed international qualifications and corresponding admission requirements can be found here. Applicants must also meet any program specific requirements that are listed below.
 

Diversity factors & English language proficiency  
As Australia's national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe. If required, competitive ranking may further be confirmed on the basis of demonstrating higher-level English language proficiency.
 

Adjustment Factors

Adjustment factors are additional points added to an applicant's Selection Rank (for example an applicant's ATAR). ANU offers adjustment factors based on performance and equity principles, such as for high achievement in nationally strategic senior secondary subjects and for recognition of difficult circumstances that students face in their studies. 
 

Selection Rank adjustments are granted in accordance with the approved schedules, and no more than 15 (maximum 5 subject/performance-based adjustment factors and maximum 10 equity-based adjustment factors) can be awarded. 
 

You may be considered for adjustment factors if you have:

• applied for an eligible ANU Bachelor degree program
• undertaken Australian Year 12 or the International Baccalaureate
• achieved an ATAR or equivalent at or above 70
• not previously attempted tertiary study.

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.
 

Annual indicative fee for international students

$46,176.00

Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.
 

We have graduated remarkable people from every part of our continent, our region and all walks of life.
 

Employment Opportunities

Actuaries work in a wide variety of areas, often in positions of seniority in a business. Examples of the job titles associated with actuarial studies are listed below:
 

Investment analyst

Trained to analyse the activities and future prospects and earnings of companies and securities for the purpose of investment.
 

Investment manager

Specialises in the investment of a portfolio of securities on behalf of individuals and/or organisations subject to the guidelines and directions of the investor.
 

Liability manager

Engaged by holders of liabilities, such as insurance companies, banks or superannuation funds, to advise on appropriate payment strategies and organisational structures to meet a stream of obligations.
 

Consultant

Offer their professional services for a fee, provide a wide range of services, including; advice on financial decisions, independent valuations, design of insurance funds, and future financial planning strategies.
 

Data analyst

Processes and investigates large of amounts of data for or on behalf of organisation, in order to solve business problems and take advantage of business opportunities.
 

Senior manager

In addition to the roles described above, many actuaries successfully move into high-level administrative and management positions. Their broad training reflects the strong interdisciplinary nature of the actuarial profession, which mixes the need for strong theoretical skills with the need for sound practical intuition.