UAC Undergraduate Course Description

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UNSW Australia
Combined Actuarial Studies

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Undergraduate course description table
CourseCampusType of
UAC codePattern of
Course start dateMajor offer round
B Actuarial Studies/B Commerce Kensington CSP 424350 4F 97.00 2 Mar 2015
27 Jul 2015
21 Jan 2015
24 Jun 2015
B Actuarial Studies/B Economics Kensington CSP 424350 4F 97.00 2 Mar 2015
27 Jul 2015
21 Jan 2015
24 Jun 2015
B Actuarial Studies/B Science Kensington CSP 424350 4F 97.00 2 Mar 2015
27 Jul 2015
21 Jan 2015
24 Jun 2015
B Actuarial Studies/B Science (Advanced Mathematics) Kensington CSP 424350 5F 97.00 2 Mar 2015
27 Jul 2015
21 Jan 2015
24 Jun 2015

For information about when you'll need to apply to be considered in each offer round refer to UAC applications and offer round dates. Check the course search for the most recent final closing date.

Assumed knowledge: HSC Mathematics Extension 1. For B Science: Chemistry, plus Biology or Earth and Environmental Science or Physics (depending on chosen area of study).

Recommended studies: English (Advanced), HSC Mathematics Extension 2.

Major studies: Actuarial studies. For B Commerce: Refer to 424000. B Economics: Refer to 424400. For Science: Refer to 429000. For B Science (Advanced Mathematics): Refer to 429300.

Honours: For Actuarial Studies/B Commerce, Actuarial Studies/B Economics, B Actuarial Studies/B Science: Honours is available as an additional year in either degree and involves a research project combined with advanced coursework. For B Actuarial Studies/B Science (Advanced Mathematics): The honours year is an integral part of the degree program and involves a research project combined with advanced coursework.

Professional recognition: Subject to courses studied and performance. For Actuarial Studies: Students must achieve the required academic standard in their Actuarial Studies courses to gain exemption from Part I of the Institute of Actuaries of Australia, the Core Technical (CT) courses of the Institute and Faculty of Actuaries (London) professional examinations and the Validation by Educational Experience (VEE) credit for the Society of Actuaries (USA).

Career opportunities: Examples include asset management trainee, credit analyst, insurance analyst, risk assessment officer, superannuation adviser, wealth management analyst.

Additional information: For B Actuarial Studies: Students study a core program of actuarial studies, economics, finance and mathematics thereby providing the necessary mathematical, statistical, analytical and modelling skills to pursue an actuary role. For B Commerce: Students study a core program of accounting, mathematics, management and economics in their first semester, which provides a solid grounding in the fundamentals of business. In the second semester, students select four courses from a choice of six, providing the flexibility to study areas of interest before selecting their commerce major. For B Economics: Students study the compulsory Economic core courses, the Economics major courses and Economics elective courses. For B Science: Students must complete at least one approved B Science major. For B Science (Advanced Mathematics): The Advanced Mathematics program has been designed to cater to the specific abilities and interests of talented students who wish to complete a dual degree with Actuarial Studies. Studies in this program include compulsory advanced-level courses, an honours year, and options tailored to an individual’s aptitude and interests. The combined B Actuarial Studies/Science (Advanced Mathematics) degree provides graduates with an in-depth understanding of quantitative analysis in addition to the actuarial studies knowledge and skills required to enter the financial services and insurance industry in a quantitative role.


The Australian School of Business (ASB) at UNSW offers flexible, internationally recognised, undergraduate business degrees supported by an extensive choice of major/s. Our business degrees have been designed for the very best students, and suit a variety of career aspirations and interests. Our aim is to provide every graduate with the skills, networks, knowledge and know-how to stand out in the crowd and excel in today’s business world.

Students have the option to study a single or a dual degree to pursue their career goals. Honours study is available as an additional year in most majors offered and adds extra value to an undergraduate degree.

The ASB also offers a summer term option (November to January) for students wishing to fast-track their studies.

For more information, visit, call (02) 9385 3507 or email

Course updates
Check UAC's course search throughout the 2014–15 admissions period for course updates, including new and cancelled courses.

Key to abbreviations
For an explanation of the abbreviations used in this course description, visit Undergraduate course search results help