Program Requirements
This Honours plan requires the completion of 48 units, which must consist of:
42 units from completion of the following compulsory courses:
ACST4031 Actuarial Control Cycle A1
ACST4032 Actuarial Control Cycle A2
ACST4033 Actuarial Control Cycle B
ACST4060 Enterprise Risk Management 1
ACST4061 Enterprise Risk Management 2
ACST4600 Actuarial Research Essay
6 units from completion of courses from the following list:
ACST4045 Advanced Insurance
FINM4106 Advanced Investments
ACST4049 Advanced Global Retirement Income Systems
Elective Study
Once you have met the program requirements of your degree, you may have enough electives to complete an additional elective major, minor or specialisation.
Admission Requirements
An AQF Level 7 Bachelor of Actuarial Studies degree or equivalent, completed within the last two years:
1. with a weighted average mark equivalent to an ANU 75 per cent calculated from the following 36 units (i.e. 0.75 EFTSL) equivalent to the ANU courses:
STAT2005 Introduction to Stochastic Processes
STAT3032 Survival Models
STAT3037 Life Contingencies
STAT3038 Actuarial Techniques
STAT3035 Risk Theory
STAT3036 Credibility Theory.
2. and with the written approval of the Honours Convener.
The number of places available in the program may be limited by the Dean due to supervisory capacity.
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Adjustment Factors
Adjustment Factors do not apply to 1 year honours programs. They do not apply to this program.
Indicative fees
Commonwealth Supported Place (CSP)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $42,960.00
For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees
Scholarships
ANU offers a wide range of scholarships to students to assist with the cost of their studies.
Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are. Specific scholarship application process information is included in the relevant scholarship listing.
For further information see the Scholarships website.
Honours in Actuarial Studies is a program offered within the Research School of Finance, Actuarial Studies and Applied Statistics that offers students who have excelled in their undergraduate actuarial degree a challenging but rewarding year of study. We seek outstanding students who are keen to undertake independent research with the guidance from academic staff. Sufficiently high grades in the coursework component of the honours year will enable students to receive exemptions from Part II and Part III requirements of the Actuaries Institute.
Career Options
Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.
The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate a sound knowledge and critical understanding of research design and methods
- Apply that knowledge to the development of a research proposal and research plan
- Develop the capacity to perform high-level independent research
- Exhibit in-depth knowledge of their chosen research topic
- Demonstrate a high level of ability to discuss and apply an actuarial control cycle in a variety of practical commercial situations.
- Demonstrate a high level of ability to discuss and apply enterprise risk management policies in a variety of settings
