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Bachelor of Actuarial Studies

Macquarie University

CRICOS provider number: 00002J TEQSA provider ID: PRV12032

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About

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 the professionally accredited Bachelor of Actuarial Studies, 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.

Areas of study

Analysis of mortality and population-based rates, contingent payments, mathematics of finance, probability and statistics, professional standards and practice.

Career opportunities

Actuary; claims adjuster, examiner or investigator; fund manager; insurance analyst; life, health or general insurance specialist; pricing or marketing actuary; risk analyst; superannuation consultant; underwriter.

Professional recognition

Accredited by the Actuaries Institute. If you complete this degree with grades of credit or above in the relevant units, you’re eligible to apply for exemption from the Foundation Program examinations of the Actuaries Institute. If you complete this degree as part of one of our double degrees with the 300202 Bachelor of Applied Finance, the 300540 Bachelor of Information Technology (Data Science major) or the 300555 Bachelor of Science with grades of credit or above in the relevant units, you’re eligible to apply for exemption from the Foundation Program and the Actuary Program examinations of the Actuaries Institute.

Fees and charges

Visit the Macquarie University website for current fee information.

Admission criteria

Applicants with recent secondary education

Assumed knowledge: Mathematics Extension 1.

Recommended studies: Mathematics Extension 2 (Band E4). For International Baccalaureate (IB) applicants, this is equivalent to a grades 6 or 7 in Further Mathematics (HL) or Mathematics: Analysis and Approaches HL.

Guaranteed selection rank: 95.00

Other applicants

Refer to Macquarie University general admission criteria.

Student profile

Access information about the background of students in this course.

Further information

View all details of this degree on the Macquarie University website.

ATAR profile

ATAR-based offers only (semester 1, 2023)

Use all ATAR profile data as a guide only; it provides a broad overview of the ATARs and selection ranks of previous Year 12 students admitted into that course. ATARs and selection ranks required for entry in 2024 may be different. If you are unsure about including a course among your preferences, contact the relevant institution.

  1. This ATAR profile table is in line with Commonwealth Government transparency requirements. It is based on offers to recent school leavers (ie completed Year 12 in the last 2 years) who were selected solely or partly on their ATAR. Note that some institutions further differentiate this information on their websites.
  2. The ATAR values exclude any adjustment factors.
  3. The selection ranks include the ATAR and any adjustment factors.

Abbreviations

– = data is not available.
<5 = less than 5 ATAR-based offers were made.
N/A = no offers were made on the basis of ATAR.
NC = new course
NP = Not provided by institution
NR = No reportable profile
NS = No Semester 1 offers
NN = Unavailable (other)
NO = Entry on other criteria

Student profile

Course updates
Courses are added and cancelled throughout the admissions year and course details are subject to change. Check the UAC course search regularly.

Naming of awards
The degrees (awards) offered by Macquarie University are set out in the Macquarie University Handbook. Students who qualify for a degree that is structured around majors will have the name/s of the major/s included on their testamur.