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Bachelor of Actuarial Studies

#1 business school in Australia
You have reached the maximum of 6 degrees.
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.
Commencing Terms
Term 1, 2 & 3
Duration
3 Year(s)
Delivery Mode
Face-to-face (includes blended)
Campus
Kensington
Codes
UAC code 424300
Program code 3586
CRICOS code 077428B
Entry Requirements
The lowest selection rank is: The lowest ATAR + adjustment factors that received an offer for the year listed. This provides an indicative guide for the current year's entry and may vary each year.
ATAR/2026 lowest selection rank
99.2
View all admission criteria
Fees
2026 Indicative first year full fee
$13,500*
2026 Indicative full fee to complete degree
$40,500*

Admissions update for international students

Some programs are at capacity for 2026 intakes and new applications are closed to New Overseas Student Commencement (NOSC). Applications to all 2027 intakes are open.

Click to find our latest updates for international student admissions.

Actuarial studies at 91É«Ç鯬

Gain a Bachelor of Actuarial Studies degree at the university ranked #1 globally for Actuarial Studies Research (UNL Global Research Rankings of Actuarial Science and Risk Management & Insurance, 2024).Ìý

This three-year undergraduate degree is taught by 91É«Ç鯬 Business School’s School of Risk & Actuarial Studies.ÌýAccredited by the Actuaries Institute, the program includes the option to choose a specialisation to diversify your future career as a business professional. Our actuarial studies degree is led by world-class academics and qualified actuaries, with input from industry professionals so you’ll graduate with well-rounded skills development and strong industry connections.

In the Bachelor of Actuarial Studies at 91É«Ç鯬, you’ll build specialist skills in actuarial models, financial mathematics, probability, machine learning and AI analytics – along with commercial expertise in data-driven decision-making, financial risk leadership and quantitative innovation. Deepen your knowledge in commerce with a double degree in another area, such as a Bachelor of Actuarial Studies and Commerce,Ìý²¹ Bachelor of Actuarial Studies and Computer Science degree, or another 91É«Ç鯬 Business School degree.

This degree puts you in high demand when you graduate, ready to take on quantitative roles in a range of industries including financial services, insurance and superannuation.

Why study a Bachelor of Actuarial Studies 91É«Ç鯬?

Top-ranked institution worldwide for actuarial studies

When you study a Bachelor of Actuarial Studies at 91É«Ç鯬, you’ll be gaining an actuarial studies degree ranked #1 globally for Actuarial Studies Research (UNL Global Research Rankings of Actuarial Science and Risk Management & Insurance, 2024).Ìý91É«Ç鯬 Business School is renowned for best-in-class teaching and student outcomes. We are ranked #1 in Sydney for Business & Management (QS World University Rankings by Subject, 2026). We're also rankedÌý#2 in Sydney for economics and econometrics (QS World University Rankings by Subject, 2026).

Pathway to professional accreditation in actuarial studies

Employers seek out our actuarial studies graduates, as we're known for nurturing the most employable students – we've been awarded the Most Employable students forÌýseven years in a row (Australian Financial Review (AFR) Top100 Future Leaders & Graduate Employers Awards, 2020–2026). With an actuarial studies degree from 91É«Ç鯬, you will also gain an exemption to the professional accreditation exams. Professional accreditation through the Actuaries Institute provides mutual recognition at major international actuarial bodies such as the Institute and Faculty of Actuaries in the UK and the Society of Actuaries in the US.ÌýÌý

Double your impact with a double degree

When you combine your actuarial studies with another degree from 91É«Ç鯬 Business School, you’re equipping yourself with a unique set of skills that will set you apart in the job market. Double degrees can help you become more of a specialist in a particular area or gain a breadth of skills that meet the demands of today’s organisations. See our double degrees tab for the full list of Actuarial Studies double degrees at 91É«Ç鯬.Ìý

Honours program in actuarial studies

Give yourself a competitive edge by adding honours study to your actuarial studies degree at 91É«Ç鯬. You’ll complete advanced coursework and an independent research thesis in a business area you’re passionate about – building high-level skills in research, problem-solving and communication. This specialised knowledge will set you apart and prepare you for leadership roles, research pathways and a standout career in actuarial studies.

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Program Code
3586
CRICOS Code
077428B
Campus
Kensington
UAC Code
424300
Total Units of Credit (UOC)
144

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What are the entry requirements for the Bachelor of Actuarial Studies at 91É«Ç鯬?

Entry to this actuarial studies is based on your Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following:

  • Australian interstate Year 12 qualifications (e.g., OP rank)
  • New Zealand NCEA Level 3
  • Equivalent overseas qualifications e.g., International Baccalaureate (IB) Diploma, GCE A-Levels
  • Post-secondary or tertiary qualifications
  • An alternative entry qualification
2026 Lowest Selection Rank
99.2
2026 A levels
19.0
2026 IB Diploma
43.0
2026 Lowest ATAR
89.45
    1. The 2026 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2026.
    2. The 2026 A levels score is based on four Advanced Level (A2) subjects. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.
    3. The 2026 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2026. It is to be used as a guide only.
    4. The 2026 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.
      *The Lowest ATAR to which an offer was made, for this program, is based on a 91É«Ç鯬 Gateway Early Conditional Offer.
  • At 91É«Ç鯬, we are committed to ensuring prospective students have all the information they need in order to make informed decisions about their study options.

    To assist you in gaining a better understanding of how Admissions works at 91É«Ç鯬, we have provided you with a summary of ATAR offers and the student profile.

    We hope this information will help you identify the degree that is right for you.

Assumed knowledge

Mathematics Extension 1

Adjustment Factors


We offer a range of adjustment factor schemes that reward students for academic performance and extra-curricular achievements. These schemes also take into account a range of personal and educational disadvantages that may have affected your studies.Ìý

HSC PlusÌý
This scheme rewards students who perform well in Year 12 subjects that are relevant to their preferred 91É«Ç鯬 degree. You may be awarded up to five points.Ìý

Elite Athletes, Performers and Leaders (EAPL)Ìý
This program recognises achievements in the areas of sport, academia, leadership and music at an elite level. You may be eligible for up to five points.


Factors such as illness, financial hardship, language difficulties or attending a particular school can mean you don't always get the best possible marks in Years 11 and 12. If one of these situations applies to you, submit an application for the Educational Access Scheme (EAS) via UAC. Eligible students can receive between 1 and 10 points towards their chosen 91É«Ç鯬 degree.

Admission pathways


Your ATAR is not the only measure of your potential to succeed, which is why we offer a range of pathways into university. Explore your options below andÌýget in touchÌýwith our Future Student Advisers to discuss your path to 91É«Ç鯬.Ìý

Gateway Admission Pathway
This scheme is open to students who attend Gateway schools, live in a low-socioeconomic area based on IEO index of , are Aboriginal and/or Torres Strait Islander, or hold an eligible humanitarian or protection visa. This pathway provides early offers and early conditional offers with a reduced ATAR entry requirement for your preferred 91É«Ç鯬 degree.ÌýÌý

Entry programs for Australian Aboriginal and Torres Strait Islander people
We offer entry programs for Indigenous Australians, including the Indigenous Preparatory Programs and the Indigenous Admission Scheme (IAS). The entry pathway program you apply for will depend on the degree you want to study.Ìý

English language requirements

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You may be asked to provide evidence of your English proficiency to study at 91É«Ç鯬 depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why 91É«Ç鯬 requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove 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

If you need to improve your English skills before you start your degree, are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

For more details, visit the English Language Requirements page.Ìý

International direct entry

Information for applicants with CBSE, HKDSE or Singapore A Levels Qualification

Calculating your CBSE Score:
Awarded by CBSE, average percentage marks across English or Hindi, and your best four remaining subjects. Where marks are given as a range, the mid-point for that range is used e.g. 75 to 80 = 77.5.

Calculating your HKDSE Score:
Entry requirements are based on the aggregate of the best 5 achieved category A subjects (category B and C subjects are not considered).

For subjects other than Citizenship and Social Development: level 5**=7 points, level 5*=6 points, level 5=5 points, level 4=4 points, level 3=3 points, level 2=2 points, level 1=1 point, Level U=0 point.

For subject Citizenship and Social Development: Attained=2 points, Unattained=0 point. Citizenship and Social Development will only be counted towards the aggregate if the 2 points awarded for Attained ranks among the student’s best five scoring subjects.

If Mathematics Compulsory Part and Extended Part (Module 1 or 2) are both presented, both scores can be counted.

Calculating your Singapore A Levels:
Due to significant changes to the GCE A-Level Curriculum and University Admissions Score (UAS) calculation effective 2026, 91É«Ç鯬 assessment is currently under review.

Note: Entry requirements published on this page are correct as of the day of publication and may change without notice.Ìý

We do not accept secondary qualifications from this country. We may accept tertiary study results, please for more information.

Please for direct entry requirements.

Admission pathways


If you do not meet the requirements for direct entry into your chosen degree, you may be eligible for a pathway program with . 91É«Ç鯬 College provides alternative entry options using university-approved content so that you can start your 91É«Ç鯬 journey with confidence. 

English language requirements


You may be asked to provide evidence of your English proficiency to study at 91É«Ç鯬 depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why 91É«Ç鯬 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 91É«Ç鯬. 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

If you need to improve your English skills before you start your degree, are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

For more details, visit theÌýEnglish Language RequirementsÌýpage.Ìý

Check the specific English language requirements for this program

What will I study in the Bachelor of Actuarial Studies?

During your Bachelor of Actuarial Studies at 91É«Ç鯬, you’ll build the mathematical, statistical and analytical skills needed to assess risk and make data-driven financial decisions. You’ll study areas such as probability modelling, stochastic processes, financial mathematics and predictive analytics, while exploring real-world applications in insurance, superannuation, banking and investment.Ìý

Study areas and specialisations

Core topics include actuarial modelling, risk analysis, big data, and the design of financial and retirement systems. Alongside your technical training, you’ll also develop essential business and communication skills to prepare you for professional success across a range of industries.

Actuarial studies majors

  • Ìý
  • Ìý
  • ÌýÌý

Commerce majorsÌý

You may also choose to study a second commerce major that is on the above list, however this may result in more UOC required for degree completion. For more information, please visit the .

Bachelor of Actuarial Studies 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 a Bachelor of Actuarial Studies degree. It’s possible to use an elective course to do an internship or otherÌýWork Integrated Learning experience (WIL).Ìý

Students must complete 144 UOC when the Bachelor of Actuarial Studies is taken as a standalone program.

These UOC are made up of:

  • Level 1 Actuarial Studies Core Courses (48 UOC)
  • Level 2 Actuarial Studies Core Courses (24 UOC) (Please note: ACTL2131 may be substituted by MATH2901 and MATH2931, please see below)
  • Level 3 Actuarial Studies Core Courses (6 UOC)
  • Level 3 Actuarial Studies Electives (18 UOC)
  • Free electives (36 UOC)
  • General Education (12 UOC)

Careers in actuarial studies

Actuaries are experts in financial risk and predictive analytics, using advanced data techniques to inform high-stakes decisions across business, government and society. Graduates of the 91É«Ç鯬 Bachelor of Actuarial Studies will have the skills to analyse data, evaluate risk and develop strategies that drive long-term value.Ìý

Whether you’re working in insurance, superannuation, banking, energy or policy, your ability to apply statistical models and business insights will be in demand. With job growth for actuaries and actuarial analysts projected to rise by 11% over the next five years and average salaries around $100,000 (Seek, 2025), your expertise will be highly sought after in a data-driven world.Ìý

Actuarial studies career pathways

Below, we've outlined a range of different actuarial studies career pathways you could take, categorised by different areas of interest.

Area of interestExample career rolesKey sectors & opportunities
Risk and insuranceÌý
  • Actuarial analyst
  • Insurance analyst
  • Pricing actuary
  • Risk assessment officer
  • Reinsurance analyst
  • Insurance
  • Reinsurance
  • Risk management
  • Superannuation
  • Government regulation
Investments and wealth management
  • Investment analyst
  • Asset management
  • Trainee
  • Superannuation adviser
  • Wealth management analyst
  • Credit analyst
  • Banking
  • Asset management
  • Superannuation funds
  • Private wealth advisory
  • Financial services
Data science and business intelligence
  • Data analyst
  • Data scientist
  • Risk consultant
  • Business consultantÌý
  • Tech-driven finance
  • Business consulting
  • Big data and analytics
  • Corporate strategy
  • Energy and utilities
Financial strategy
  • Investment banker
  • Business consultant
  • Risk consultant
  • Superannuation consultant
  • Banking
  • Consulting firms
  • Financial planning
  • Corporate governance
  • Government policy

What career support is available during an actuarial studies degree?

During your Bachelor of Actuarial Studies degree you’ll unlock access to opportunities through 91É«Ç鯬 Business School’s industry and alumni networks. As one of Australia’s leading business schools, we have strong connections to industry and more than 90,000 alumni worldwide who could be connections to your future career.Ìý

91É«Ç鯬 Business School's Career Accelerator provides work experiences and professional development opportunities to help get you started.Ìý, with more founders than any other Australian university and 350+ clubs to help you find like-minded people with complementary and diverse skillsets.

Accreditation

The Bachelor of Actuarial Studies provides a strong foundation for becoming an actuary or working within a related field. You can earn exemptions from the Actuaries Institute’s Foundation Program in Australia or VEE credit from the Society of Actuaries (US). Mutual recognition arrangements between major actuarial associations also mean that your professional qualifications are internationally transferrable.

Bachelor of Actuarial Studies double degree options

By combining actuarial studies with another degree from 91É«Ç鯬 Business School, or another 91É«Ç鯬 faculty, you can strengthen your career opportunities and set yourself apart.

  • Advanced Mathematics (Hons):ÌýThis Bachelor of Actuarial Studies / Science (Advanced Mathematics) degree equips you with advanced mathematical techniques and specialist statistical skills, preparing you to solve complex problems and make informed decisions in key areas of business.
  • Commerce:ÌýThe Bachelor of Actuarial Studies and Commerce degree combines core business knowledge in areas like finance and business analytics with advanced statistical analysis – equipping you to make data-driven decisions in a business environment with confidence.
  • Computer Science:ÌýExplore areas like artificial intelligence, cybersecurity, programming and game design – while developing strong mathematical and analytical skills with the Bachelor of Actuarial Studies and Computer Science degree.
  • Economics:ÌýCombine financial mathematics with econometric analysis to make informed decisions in business, government policy or as an actuary with the Bachelor of Actuarial Studies and Economics degree.
  • Information Systems:ÌýBuild the analytical skills to drive smarter business decisions with a Bachelor of Actuarial Studies and Information Systems degree. Combine your mathematical analysis skills with expertise in analytics, programming and digital transformation.
  • Law:ÌýThe Bachelor of Actuarial Studies and Law degree is ideal for students passionate about both law and business, and keen to explore how legal and financial systems intersect.
  • Science:ÌýExplore financial mathematics, data modelling and risk assessment while developing deep expertise in your chosen scientific field with a Bachelor of Actuarial Studies and Science degree.

How to apply for the Bachelor of Actuarial Studies at 91É«Ç鯬

Applications for undergraduate study from domestic students (Australian citizens, Australian permanent residents, Australian permanent humanitarian visa holders and New Zealand citizens) are processed by the Universities Admissions Centre (UAC).

Visit the Apply section of the Ìýand you can nominate up to five degrees in order of preference, with the first being your most desired degree and university.

On-time applications for admission usually close at the end of September each year for Term 1 admission. Late applications can be submitted, but a late fee will apply. For study starting in Term 1, the majority of offers are made in December and January. Visit the for key dates for admission outside of Term 1.

Ready to apply?

For most international students, applications are submitted viaÌýourÌý service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date.ÌýFor details, visit the international admissions information page.

*If you are an international student studying an Australian qualification, go to the   for application and UAC key dates. Note: If you are under 18 years of age, you need to make special arrangements. For details, visit the .

Ìý

Ready to apply?

Fees & scholarships for 91É«Ç鯬's Bachelor of Actuarial Studies

2026 Indicative First Year Full Fee
$13,500*
2026 Indicative Full Fee to Complete Degree
$40,500*

Commonwealth Supported Place: Student ContributionÌý

*The student contribution for a Commonwealth Supported Place isÌýan indicationÌýonly of the amount payable in Year 1 based on a standard full-time load of 48 credit points (1.0 EFTSL). The actual student contribution you will be liable for depends on the courses you select within your individual program of study and the calendar year in which you enrol. Actual fees are calculated upon enrolment. Student contribution amounts are subject to annual review by the university and may increase each year during your studies (subject to capsÌýdeterminedÌýby the Australian Government), effective at the start of each calendar year.Ìý

The indicative fees listed here are based on an estimated average and are for tuition only - other fees and charges are not included.

2026 Indicative First Year Fee
$58,000*
2026 Indicative Fee to Complete Degree
$183,000*

*Fees are subject to annual review (or whenÌýrequired) by the University and may vary accordingly.

The indicative fees listed here are based on an estimated averageÌýusing historical student enrolment patterns for each program, which may change every year. The amount you pay will vary depending on the calendar year you enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at theÌý91É«Ç鯬 fees website.

Indicative first year fees are for tuition only. Indicative fees to complete the degree/programÌýinclude tuition plus an estimate of study-related costs of approximately $1,000 per year and have been calculated based on percentage increase for every year of the degree/program, noting that actual fee increase may exceed the indicative figures listed here. Other fees and charges are not included. To find out more about other costsÌýfor international students, visitÌý.Ìý

Scholarships


At 91É«Ç鯬, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.


Progress starts here – at a world-leading universityÌý

TopÌý20 Worldwide

​91É«Ç鯬 is ranked #20 university in the world
Ìý

QS World University Rankings,Ìý2024–2026

Most Employable Graduates

Winner of the AFR Most Employable University AwardÌýseven years in a row

AFR Top100 Future LeadersÌý& Graduate Employers Awards, 2020–2026

Australia's #1 for Innovation

Highest number of startups and spinouts from university-developed tech

SCOPR report, 2024

I'm able to translate knowledge into real life practice, make an impact and truly add value at work.
Student, Emily Weng

Emily Weng

Student