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Monash University

Melbourne , Victoria ,Australia

Bachelor of Actuarial Science

Learn to evaluate risk and opportunity in a business setting, and use your findings to influence some of society’s most important economic structures

In a Bachelor of Actuarial Science you’ll learn to apply mathematical concepts to real-life scenarios, and use your analytical skills to help companies plan for the future. As you further develop your maths and analytical skills, you’ll start to use a range of concepts and data findings to solve real commercial problems.

If you’re big on numbers and the role they play in our day?to?day lives, actuarial science could help you turn your curiosity into a promising commercial career. Actuaries play major roles in a range of organizations - in insurance, superannuation, business and financial services, scientific and social research, and engineering.

Campus Information

Clayton

Clayton campus has around 26,000 students and is the largest of all eight campuses. It is located 20km south-east of Melbourne.

Intakes

  • Feb
  • July

Application Processing Time in Days: 30

Application Process

offer letter
15 Days
Payment
Days
Confirmation from the university
20 Days
Visa Processing
20 Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

 

Monash Arts Jobs and Careers

Monash Arts prepares our students for their professional futures and the impact they create in their organisations and communities.
There are over 81,240 Monash Arts alumni across 130 countries. Our global community includes The Hon. Daniel Andrews MP, The Hon. Dan Tehan MP, Adam Bandt MP, Bill Shorten MP, Sarah Abo, Yalda Hakim, Vance Joy, Professor Sharman Stone, Professor Emeritus Ariel Heryanto, H.E. Mr Arthur Spyrou, H.E. Mr Saleumxay Kommasith and thousands of influential graduates impacting communities, nations and the world for good.

We work as ...

Monash Arts graduates work as: Authors, Ambassadors, Analysts, Artists, Consultants, Creative Directors, Communication Specialists, Criminologists, Digital Consultants, Diplomats, Educators, Entrepreneurs, Executives, IT Specialists, Journalists, Media Presenters, Musicians, Linguists, Lawyers, Marketers, Media and Communication Specialists, Politicians, Policymakers, and a wide range of occupations.

With the flexibility of combining our Arts degree with Business, Engineering, Education, Science, IT and over 40 majors to choose from, our career opportunities are amplified.

We work in ...

The Arts, Business, Education, Government, IT, Science Law, Education, Not-for- Profit sectors.

Our top 20 employers in Australia include:

  • ABC
  • Accenture
  • ANZ Ban
  • Coles Group
  • Deakin University
  • Deloitte
  • Department of Environment, Land, Water
  • Department of Health & Human Services
  • Department of Education & Training
  • Department of Foreign Affairs & Trade
  • Department of Justice
  • Department Premier & Cabinet
  • Ernest & Young
  • Herbert Smith
  • Freehills
  • KPMG
  • Latrobe University
  • Minter Ellison
  • Monash Health
  • Monash University
  • National Australia Bank
  • PwC

PSW Opportunity

  • 2 year Post Study Work Visa Opportunity

Admission Requirement / Eligibility Criteria

Before you apply to come to Monash on exchange or study abroad, you should check that you meet the following entry requirements. You must:

  • have completed at least one full year at your home university
  • have achieved a minimum GPA of 3.0 or 60 percent or equivalent
  • meet our English language requirements.

Qualifications

  • Equivalent Australian Year 12

Recent secondary education
Subject prerequisites

  • All applicants must satisfy the following prerequisites or their equivalents.

Australian VCE subjects
English

  • Units 3 & 4: a study score of at least 30 in English (EAL) or 25 in English other than EAL

Maths

  • Units 3 & 4: a study score of at least 25 in one of the Mathematical Methods (any) or Specialist Mathematics

Sciences/Other

  • N/A

IB subjects
English

  • At least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL

Maths

  • At least 4 in Mathematics SL or 3 in Mathematics HL or 3 in Further Mathematics HL

Sciences/Other

  • N/A