Program Overview

Actuaries help businesses, governments, not-for-profit organisations and individuals make critical decisions for the future by evaluating risks and opportunities using advanced analytical techniques to deliver highly valued data analytics an insights.

The Bachelor of Actuarial Studies at UNSW is the flagship entrance for the highest-achieving business students to the most competitive business program in Australia. UNSW Business School is the global leader in actuarial studies, currently ranked #1 worldwide in risk management, insurance, and actuarial research*. Our graduates are in high demand and help organisations meet their strategic objectives.

The Bachelor of Actuarial Studies is accredited by the Actuaries Institute and includes the option to choose a specialisation to diversify your future career as a business professional. You’ll develop a specialist quantitative skill set in actuarial models, financial maths, probability, machine learning/AI analytics, and commerce. Graduates of Actuarial Studies at UNSW are in high demand. After three-years, you’ll be ready for quantitative roles in a range of industries including financial services, insurance and superannuation.



  Course Duration

36 Months

  Tuition Fee

AU$ 47,310



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Program structure

The Bachelor of Actuarial Studies is a three-year degree program consisting of 24 courses. Along with core courses, you can choose to specialise in an optional actuarial studies major or an optional business major. As a major usually consists of eight courses, you also choose interesting elective courses to complete the degree. It’s possible to use an elective course to do an internship or other Work Integrated Learning experience.

The degree includes:

  • Level 1 and 2 Actuarial Studies core courses

  • Level 3 Actuarial Studies electives

  • Optional Actuarial Studies or Commerce major

  • Electives courses offered by the Business School or outside of Business

  • General education courses from other faculties


Direct entry requirement

All India Senior School Certificate (CBSE)


Indian School Certificate (CISCE)


India State Board


Great Britain General Certificate of Education (GCE A levels)


International Baccalaureate Diploma (IB)


Scholastic Aptitude Test (SAT) (after 2016)



Applicants will be assessed on a combination of higher school academic results, portfolio submission and an interview.

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

  • English language tests and university English courses

  • Prior study in the medium of English

  • Other qualifications

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. 

IELTS 7.0 overall (min. 6.0 in each subtest)

TOEFL 94 overall (min. 25 in writing, 23 in reading, listening and speaking)


2022 Indicative First Year Fee


2022 Indicative Fee to Complete Degree


  • Actuarial Analyst
  • Asset Management Trainee
  • Business Consultant
  • Credit Analyst
  • Data Analyst
  • Insurance Analyst
  • Investment Banker
  • Risk Assessment Officer
  • Superannuation Adviser
  • Wealth Management Analyst
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