Bachelor of Actuarial Studies
Are you a maths whiz who wants stimulating work, limitless potential, and an ever-growing salary? This is the esteemed degree that will make you a thought leader in financial fields. With an ANU Bachelor of Actuarial Studies, you will excel in your career literally anywhere in the world.
Risk is all around us - in investment markets, on the roads, from our health and the climate. This degree will teach you how to apply your mathematical talent in understanding, measuring, and managing the risks.
Graduates will apply mathematical, statistical, financial, economic, and other skills to untangle the most complex and difficult problems facing the commercial world.
Learning Outcomes
Upon successful completion, students will be able to:
- utilize concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations
- interpret the accounts and financial statements of companies and financial institutions.
- describe the fundamental concepts of micro and macroeconomics.
- apply mathematical statistics, regression modeling and other statistical techniques to actuarial problems
- describe and apply stochastic processes, survival models and their application in actuarial contexts
- model and value cashflows dependent on death, survival, illness, retirement, and other contingencies
- apply risk modeling techniques across a variety of financial contexts
Campus Information
Acton campus
Our Acton campus is in the heart of Canberra - Australia's capital city - in the Australian Capital Territory (ACT). From here it's an easy walk, bike ride or drive to some of Australia's most significant political and cultural institutions including Australian Parliament House. Amongst our modern lecture halls, libraries, laboratories, student residences and administration buildings, you'll find all the conveniences of a small suburb including cafes, bars, supermarkets, child care centres, a newsagency, post office and even a medical centre.
Intakes
- Feb
- July
Application Processing Time in Days: 30
Application Process
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
The Australian National University takes pride in attracting and retaining outstanding staff.
We offer two categories of employment vacancies, those open to all applicants and others which are only open to ANU staff. To find out how we will handle your information during the job application process.
External job opportunities » Use the Jobs website catalog of current vacancies to find and apply for jobs online.
Internal job opportunities » Use the Internal Jobs website catalogue of current vacancies to find and apply for jobs
Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide. The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.
PSW Opportunity
- The International Students studying in ANU, Canberra gets PSW of 3 years after completion of UG Programs.
Admission Requirement / Eligibility Criteria
Applicants who complete a recognized 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 a global representative of Australian research and education. ANU endeavors to recruit and maintain a diverse and deliberate student cohort representative not only of Australia but the world. In order to achieve these outcomes, a 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, the competitive ranking may further be confirmed on the basis of demonstrating higher-level English language proficiency.
A score of 70% or more with no section less than 65%
Academic IELTS An overall score of 6.5 with a minimum of 6.0 in each component of the test.
TOEFL paper based test A score of 570 with a TWE* score of 4.5.
TOEFL internet based test An overall score of 80, with a minimum of 20 in Reading and Writing and 18 in Speaking and Listening.
Cambridge CAE Advanced (Post 2015) An overall score of 176 with a minimum of 169 in all sub-skills.
PTE Academic An overall score of 64 with a minimum score of 55 in each of the communicative skills.
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 automatically guarantee entry.
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.
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.
ACT: Specialist Mathematics (Major/Minor) (160+)/Specialist Methods(Major/Minor) (160+), NSW: Mathematics Extension 1 (Band E3) or equivelant
- Course Code: 028147F
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 03 Year
-
Total Tuition Fee:
140040 AUD
Annual Cost of Living: 24505 AUD
Application Fee: 110 AUD
Similar Programs
- Bachelor of Science (with Year in Asia) at Australian National University
- Bachelor of Health Science (Honours) at Australian National University
- Bachelor of Statistics (Honours) at Australian National University
- Bachelor of Statistics at Australian National University
- Bachelor of Science (Psychology) (Honours) at Australian National University
- Bachelor of Science (Psychology) at Australian National University