Bachelor of Actuarial Science

at Bond University

Bachelor of Actuarial Science comprises 24 subjects, as follows:
 

University core subjects (3)

• CORE11-001 Critical Thinking and Communication

• CORE11-002 Collaboration, Teams and Leadership

• CORE11-003 Responsibility, Integrity and Civic Discourse
   

Plus: CORE11-004 Beyond Bond: Professional Development and Community Engagement
 

Required subjects (14)

• ACCT11-100 Accounting Principles

• ACSC12-200 Mathematical Statistics

• ACSC12-201 Financial Mathematics

• ACSC13-301 Contingencies

• ACSC13-305 Actuarial and Financial Models

• ACSC13-306 Stochastic Processes

• ACSC13-307 Survival Analysis

• ECON11-100 Principles of Economics

• ECON12-200 Linear Models and Applied Econometrics

• ECON12-202 Contemporary Macroeconomics Issues

• FINC11-101 Fundamentals of Finance

• FINC13-301 Corporate Finance

• FINC13-303 Portfolio Analysis and Investment Management

• STAT11-112 Quantitative Methods
   

Electives (7)
 

Students can choose 7 General Elective Subjects (70CP).
 

• General elective – A subject that may be chosen from any subject on offer across the University provided requisites, enrolment restrictions and any other faculty requirements have been met.
   

Major/Minor

• Students are encouraged to undertake an optional major (60CP) or minor (40CP). This will replace six (6) or four (4) of your general electives. 

Academic requirements

Applicants with recent secondary education (within the past two years)
        

Alternative entry pathways

For those applicants who do not currently have the required academic qualifications, there are a number of alternative entry pathways:

• Bond University Diploma programs

• Prior higher education experience (at this university or another)

• Professional or para-professional qualifications/experience

• Employment experience verified by a statement of service from the employer stating the position title and length of service and a very brief statement on the tasks undertaken.

The below fees are based on the total estimated program fee divided by the number of standard full-time semesters required to complete the program. Fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester.
 

Semester program fee:

• Students commencing study : $21,040* per semester average
   

Total program fee:

• Students commencing study : $126,240

The growing demand for quantitative business skills is due to organisations realising the benefits they can gain from analysing ‘big data’ they now have ready access to, particularly in applications of financial risk evaluation as well as other forms of data mining, machine learning and other techniques across many industries.  
 

The Bachelor of Actuarial Science will prepare students for rewarding careers in a range of disciplines, including: 

• Climatology 

• Business Consulting 

• Data Analytics and Predictive Algorithms 

• E-Commerce and Digital Marketing 

• Economics 

• Finance 

• Health Administration 

• Insurance 

• Quantitative Research and Infrastructure 

• Risk Management 

• Safety Assessment and Risk Mitigation 

• Statistical Inference 

• Superannuation and Lifetime Asset Management 

• Technology Innovation 
   

 Graduates are highly sought after upon graduation and employable as a: 

• Investment Valuation Analyst 

• Portfolio Manager 

• Hedge Fund Manager 

• Actuarial Consultant 

• Insurance Actuary 

• Superannuation Actuary 

• Regulatory Actuary 

• Risk Assessment Analyst 

• Data Science Analyst 

• Liability Manager 

• Business Efficiency Consultant