Bachelor of Actuarial Studies
Play a pivotal role in helping businesses, governments, not-for-profit organisations and individuals make critical decisions for the future. The Bachelor of Actuarial Studies is one of the most competitive business programs in Australia, led by world-class academics at the top of their fields.
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. We've had students from all over the world join us to study actuarial studies at UNSW, like Angelica Sutantyo who travelled from Indonesia to study at UNSW Business School. 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.
Campus Information
Kensington
High St Kensington, NSW 2052 Australia
Intakes
- Feb Deadline: Nov
- May Deadline: March
- Sep Deadline: July
Application Processing Time in Days: 21
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
- Actuarial Analyst
- Asset Management Trainee
- Business Consultant
- Credit Analyst
- Data Analyst
- Insurance Analyst
- Investment Banker
- Risk Assessment Officer
- Superannuation Adviser
- Wealth Management Analyst
PSW Opportunity
Post Study Work Steam Renames to Post Higher Education Work Steam.
- Bachelor degree holders including honours can get upto 2 years of post study stay
- Master by course work and extended (with a duration exceeding 2 years) can stay upto 2 years
- Masters by research (with a duration exceeding 2 years) and PhD holder can stay upto 3 years
- The Maximum eligible age to apply for PSW will be reduced to 35 years of age from 50 years of age for all applicants
Due to the Australian Indian Economic Cooperation and Trade Agreement signed by the 2 countries, according to which:
- Indian students completing bachelor degree including honours can stay upto 2 years
- Bachelor degree with First class honours in STEM including ICT can stay upto 3 years
- Masters by coursework in extended researched (with a duration exceeding 2 years) can stay upto 3 years
- PhD students can stay upto 4 years
Admission Requirement / Eligibility Criteria
Undergraduate
Specific entry requirements of INDIA
Indian Central Board of Secondary Education (CBSE)
Awarded by CBSE, overall grade in best four externally examined subjects where A1=5, A2=4.5, B1=3.5, B2=3, C1=2, C2=1.5, D1=1, D2=0.5. Students also need to provide CBSE Admit Card.
Indian School Certificate
Awarded by ICSE, overall average from English and the best three externally examined subjects.
Indian State Boards (Indian Higher Secondary School Certificate)
Average of English and the 3 best subjects in the Higher Secondary School Certificate (HSSC) in the states of Maharashtra, Tamil Nadu, Karnataka. India HSSC issued by other states are not accepted.
International Baccalaureate (IB) Diploma or Bilingual Diploma
Entry criteria is based on scores required for entry into UNSW in 2021 and are only applicable if the Diploma has been completed. Students currently attempting the IB Diploma or Bilingual Diploma can apply directly to UNSW or through the Universities Admissions Centre (UAC)
Commonly Accepted Secondary Qualification
India - India CBSE, Indian School Certificate (grade 12) or Indian Higher Secondary School Certificate (Indian State Boards of Maharashtra, Tamil Nadu, Karnataka)
Sri Lanka - Sri Lankan GCE Advanced Level
For More Information Please Contact To Our PSA Counselor.
- Course Code: 077428B
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 03 Year
-
Total Tuition Fee:
175000 AUD
Average Cost of Living: 29710 AUD /year
Application Fee: 150 AUD
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