• Length 3 years full-time
  • Minimum 144 Units
Admission requirements
Do you want to talk to someone before enrolling? Contact info.cbe@anu.edu.au
  • Mode of delivery
    • Internal

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The Bachelor of Actuarial Studies is offered through the Research School of Finance, Actuarial Studies and Applied Statistics. You will learn how to combine skills from mathematics, statistics, economics, and finance to assess, evaluate and manage future financial risk, thereby addressing a wide range of practical problems in long-term financial planning and management. Actuarial skills are utilised in many areas, including insurance, superannuation, investment, banking, and government.

Single degree

  • This degree requires 24 courses (144 units)
  • A maximum of 10 courses (60 units) of 1000 level courses
  • 14 compulsory courses
  • 10 electives (of which 2 must be CBE List 1 elective courses)

Double degree

  • This degree requires 16courses (96 units) of CBE courses
  • A maximum of 8 courses (48 units) of 1000 level CBE courses
  • 14 compulsory courses.
  • 2 CBE List 1 elective courses

About this degree

Single degree
In a Bachelor of Actuarial Studies single degree program you will study a total of 24 courses (144 units).  Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 24 courses across your whole degree. You will need to complete a minimum of 16 CBE courses (96 units) but will also get to choose 8 courses (48 units) from other ANU Colleges.  You can try a range of courses or take a major or minor in a non-CBE subject, the choice is yours.

Double degree
In a Bachelor of Actuarial Studies double degree program you will study a total of 96 units.  Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 16 courses across your whole degree.  However, for each semester you are likely to take 2 courses from your Actuarial Studies degree and then 2 courses from the other half of you degree - still a total of 4 courses a semester.





Enrolment Status

It is possible to enrol in fewer courses per semester but it will take you longer to finish your program and get your degree. If you are an international student you must always be enrolled full-time in 24 units each semester.

Important things to keep in mind when choosing your 1000-level courses

When you enrol for the first time you will study ‘1000-level’ courses. These courses have ‘1’ as the first number in their course code, such as BUSN1001.

Please also note that:

  • You need to enrol in courses for both First Semester and Second Semester.
  • You cannot study more than four courses (24 units) per semester, eight for the year.
  • You may take 1000-level courses later in your program.   But remember you can’t count more than ten 1000-level courses (60 units) in total towards your single degree.
  • You can change your enrolment in courses up until the end of week 2 of each semester without penalty.

Electives

You can use your electives to enrol in any courses that you like, provided you meet prerequisite requirements.

Remember that you can choose up to 8 courses from another ANU College if you are undertaking the single Bachelor of Actuarial Studies degree.

If you are in a double degree, your electives must be CBE courses.

Don't forget the maximum number of 1000 level courses is 10 in single degree.












Study Options

Bachelor of Actuarial Studies

This is a typical study plan for the first year of a student undertaking a Bachelor of Actuarial Studies meeting the Actuaries Institute Part 1 requirements

Study Options

Year 1 48 units ECON1101 Microeconomics 1 6 units FINM1001 Foundations of Finance 6 units BUSN1001 Business Reporting and Analysis 6 units STAT1008 Quantitative Research Methods 6 units
ECON1102 Macroeconomics 1 6 units FINM2001 Corporate Finance 6 units MATH1113 Mathematical Foundations for Actuarial Studies 6 units Elective course 6 units

Bachelor of Actuarial Studies - Double Degree

This is a typical study plan for the first year of a student undertaking a Bachelor of Actuarial Studies degree with another degree, such as the Bachelor of Arts (degree B)

Study Options

Year 1 48 units FINM1001 Foundations of Finance 6 units STAT1008 Quantitative Research Methods 6 units Degree B course 6 units Degree B course 6 units
MATH1113 Mathematical Foundations for Actuarial Studies 6 units BUSN1001 Business Reporting and Analysis 6 units Degree B course 6 units Degree B course 6 units

Disciplines

For further information on specific discipline you can:


Academic Advice

You may choose to take two MATH courses instead of MATH1113.  The options are MATH1013/1014 or MATH1115/1116MATH1013/1014 is recommended for students with the bare minimum of mathematical background for the Bachelor of Actuarial Studies or for those not confident in their mathematical ability.  MATH1115/1116 is a higher level of MATH1013/1014 and is recommended for those who are considering further mathematical study.  Should two MATH courses be chosen, one of ECON1101 or BUSN1001 would need to move to the “Elective Course” position in the second semester of Year 1 above to make room for a MATH course in the first semester of Year 1.





Please note that in the Flexible double degree (Bachelor of Actuarial program with another ANU College degree) it may not be possible to gain full exemptions from IAAust Part I requirements (as you can only do 16 courses); however, by overloading or by using the ANU College of Business and Economics Summer School program (if available), students may be able to complete their exemptions from Part I.


If after reading through these guidelines you are unsure about your which courses to enrol in, you can come to an academic advice session at Melville Hall during Orientation week.

If you are seeking status (credit) from previous study at another university you will need to come to an academic advice session at Melville Hall during Orientation week, and we will help you choose the correct courses for your first year.


Do you want to talk to someone before enrolling?

Contact info.cbe@anu.edu.au

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