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Macquarie University (MQU)

Sydney , New South Wales ,Australia

Bachelor of Actuarial Studies

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, you'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

KEY FEATURES

  • You'll complete part, or all, of the Foundation level and the university component of the Associateship level professional qualifications of the Actuaries Institute, subject to demonstrating superior academic performance in the relevant units.
  • You'll undertake a range of units in actuarial science, statistics, finance and economics.
  • You'll have the opportunity to complete a capstone unit.
  • Macquarie is recognised as a Centre of Actuarial Excellence by the Society of Actuaries.

Campus Information

North Ryde

Sydney New South Wales 2109 Australia

Intakes

  • Feb

Application Processing Time in Days: 7

Application Process

More Information Required
4 Days
Possible Interview Call from Institution
0 Days
Provisional/Unconditional Offer
7 Days
Visa Process
30 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

Studying hard and getting great marks doesn’t guarantee you a job. Most employers expect applicants to be skilled and experienced in the workplace. Working while you study is an excellent way to build your employability skills and gain life experience.

Why does it?
Employers appreciate any full-time, casual, or part-time experience like working in hospitality or retail, on a reception desk, or even in construction.  They value this kind of experience because it shows that you can be responsible and professional. Working while you study builds professional skills that are essential for professional roles:

  • Time management
  • Teamwork
  • Customer service
  • Attention to detail
  • Working independently
  • Showing initiative
  • Communication (verbal and written)

Working on and off-campus
CareerHub is Macquarie’s jobs portal, connecting you with external organizations that offer part-time, casual, full-time employment opportunities as well as internships, cadetships, and volunteer experience.

Finding an on-campus job is often ideal as it centralizes both study and work, but opportunities on-campus are limited. Opportunities can be found here:

  • Campus Life manages the university's Sport and Aquatic Centre, Food and Shopping, Children's Services, Event Planning, and more.
  • For other administrative, professional, and academic-related opportunities within departments and faculties, visit the university's employment page.

Here is a list of some of our favorite job search websites for opportunities across multiple industries.

PSW Opportunity

After completion of Bachelor's degree student is eligible for 2 years PSW.

Admission Requirement / Eligibility Criteria

Undergraduate Academic Entry Requirements
Academic Qualifications
To apply for an undergraduate program, international students will need to have completed one or more of the following academic qualifications:
 
A recognised senior secondary school qualification or university entrance examination, such as the New South Wales Higher School Certificate (NSW HSC) or other equivalent Australian or overseas high school qualification
A recognised university Foundation course
A recognised 2 or 3-year Diploma, Advanced Diploma or Associate Degree
At least one year of a university degree from a recognised institution
 
IELTS Academic
Level of English Overall Reading Writing Listening Speaking For Admission To
Functional 5.5 5.0 5.0 5.0 5.0 Standard Foundation Program
Vocational 6.0 5.5 5.5 5.5 5.5 Intensive Program, Undergraduate Certificates, or Diplomas
Competent 6.5 6.0 6.0 6.0 6.0 Most undergraduate or postgraduate courses
Proficient 7.0 6.0 6.0 6.0 6.0 Master of Business Administration
Global Master of Business Administration
Graduate Certificate of Business Administration
Graduate Certificate of Editing and Electronic Publishing
Graduate Certificate of Global Business Practice
Graduate Diploma of Business Administration
7.0 6.5 6.5 6.5 6.5 Bachelor of Clinical Science
Bachelor of Exercise and Sports Science
Bachelor of Laws
Juris Doctor
Master of Creative Writing
7.0 7.0 7.0 7.0 7.0 Doctor of Medicine
Doctor of Physiotherapy
Master of Clinical Audiology
Master of Clinical Neuropsychology
Master of Clinical Psychology
Master of Organisational Psychology
Master of Professional Psychology
Master of Speech and Language Pathology
Graduate Certificate of Early Childhood
Advanced 7.5 7.0 7.0 8.0 8.0 Bachelor of Arts and Bachelor of Education (Primary)
Bachelor of Arts and Bachelor of Education (Secondary)
Bachelor of Commerce and Bachelor of Education (Secondary)
Bachelor of Education (Primary) and Bachelor of Psychology
Bachelor of Science and Bachelor of Education (Secondary)
Bachelor of Teaching (Early Childhood Education)
Master of Inclusive and Special Education
Master of Teaching (Birth to Five Years)
Master of Teaching (Primary)
Master of Teaching (Secondary)
Graduate Certificate of Inclusive and Special Education
Graduate Diploma of Inclusive and Special Education