single degree

Bachelor of Social Sciences (Honours in Actuarial Studies and Economics)

A single four year undergraduate award offered by the ANU College of Business and Economics

  • Length 4 year full-time
  • Minimum 192 Units
Admission requirements
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Insurance and Actuarial Studie
  • Length 4 year full-time
  • Minimum 192 Units
Admission requirements
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Insurance and Actuarial Studie

Program Requirements

This program requires the completion of 192 units, which must consist of:


84 units from completion of the following compulsory courses offered by the The Australian National University:


FINM2002 Derivatives


FINM2003 Investments


FINM3003 Continuous Time Finance


STAT2001 Introductory Mathematical Statistics


STAT2032 Financial Mathematics


STAT2005 Introduction to Stochastic Processes


STAT3032 Survival Models


STAT3035 Risk Theory


STAT3036 Credibility Theory


STAT3037 Life Contingencies


STAT3038 Actuarial Techniques


ACST4031 Actuarial Control Cycle 1


ACST4032 Actuarial Control Cycle 2


ACST4033 Investment and Asset Modelling



6 units from completion of one of the following Asian studies courses offered by the The Australian National University:


ASIA1025 Culture and Society in Asia


ASIA1030 Lives in Motion: The Politics of Culture and Everyday Experience in Postcolonial Asia



6 units from completion of one of the following humanities courses at the The Australian National University:


PHIL1005 Logic and Critical Thinking


PHIL1004 Fundamental Ideas in Philosophy: an introduction



Completion of the following compulsory courses at National University of Singapore:


ACC1002X Financial Accounting


EC1101E Introduction to Economic Analysis


EC2101 Microeconomic Analysis I


EC2102 Macroeconomic Analysis I


EC2303 Foundations for Econometrics


EC3101 Microeconomic Analysis II


EC3102 Macroeconomic Analysis II


EC3303 Econometrics I


EC3304 Econometrics II


EC4401 Honours Thesis


FAS1101 Writing Academically: Arts & Social Sciences


FAS1102 Public Writing and Communication


FIN2004X Finance


FINM3101 Corporate Finance


GE Quantitative Reasoning/Asking Questions Module


GESXXXX Singapore Studies Model


MA1101R Linear Algebra I


MA1102R Calculus




Three Economics level-4000 electives




The final Honours grade will be determined by the National University of Singapore


Elective Study

Once you have met the program requirements of your degree, you may have enough electives to complete an additional elective majorminor or specialisation.

Study Options

Year 1 48 units NUS EC1101E Introduction to Economic Analysis NUS EC2303 Foundations for Econometrics NUS ACC1002X Financial Accounting NUS MA1102R Calculus<b/>FASS exposure module/General Education/Singapore Studies Module
NUS EC2101 Microeconomic Analysis I NUS EC2102 Macroeconomic Analysis I NUS EC3303 Econometrics I NUS FIN2004 Finance MA1101R Linear Algebra I
Year 2 48 units NUS EC3101 Microeconomic Analysis II NUS EC3102 Macroeconomic Analysis II NUS EC3304 Econometrics II NUS FIN3101 Corporate Finance FASS exposure module/General Education/Singapore Studies Module
STAT2001 Introductory Mathematical Statistics 6 units STAT2032 Financial Mathematics 6 units FINM2002 Derivatives 6 units Asian Studies Elective Course 6 units
Year 3 48 units STAT3037 Life Contingencies 6 units STAT2005 Introduction to Stochastic Processes 6 units FINM2003 Investments 6 units STAT3038 Actuarial Techniques 6 units
STAT3032 Survival Models 6 units FINM3003 Continuous Time Finance 6 units STAT3035 Risk Theory 6 units ACST4031 Actuarial Control Cycle 1 6 units
Year 4 48 units STAT3036 Credibility Theory 6 units ACST4032 Actuarial Control Cycle 2 6 units ACST4033 Investment and Asset Modelling 6 units Humanities Elective Course 6 units
NUS EC4101 Microeconomic Analysis III NUS EC4102 Macroeconomic Analysis III NUS EC4401 Honours Thesis (15 MCs) One Economics level-4000 elective

Admission Requirements

Admission to all programs is on a competitive basis. Admission to undergraduate degrees is based on meeting the ATAR requirement or an equivalent rank derived from the following qualifications:

• An Australian year 12 qualification or international equivalent; OR
• A completed Associate Diploma, Associate Degree, AQF Diploma, Diploma, AQF Advanced Diploma, Graduate Certificate or international equivalent; OR
• At least one standard full-time year (1.0 FTE) in a single program of degree level study at an Australian higher education institution or international equivalent; OR
• An approved tertiary preparation course unless subsequent study is undertaken.

Click HERE for further information about domestic admission.

More information about ATAR requirements for individual programs can be found HERE.

The National Register of higher education providers is an authoritative source of information that will help you confirm your institution of choice is registered to deliver higher education in Australia.

The Quality Indicators for Learning and Teaching (QILT) website is HERE. Based on surveys done by thousands of students across Australia you can find out about universities that interest you, doing side-by-side comparisons.

The table below is a guide to the entry level required for domestic applicants. Exact entry level will be set at time of offer.

Domestic applicant entry requirements

Queensland Band equivalents are a guide only - selection is made on an ATAR equivalent that is not available to students.

International applicant entry requirements

International applicants may view further information on admissions requirements at Entry Requirements for International Undergraduate Applicants

The University reserves the right to alter or discontinue its programs as required.

QLD Band:
International Baccalaureate:


ACT:  Specialist Mathematics (Major/Minor) (160+)/Specialist Methods(Major/Minor) (160+), NSW: Mathematics Extension 1 (Band E3) or equivelant. More information about interstate subject equivalencies can be found here.

Adjustment Factors

ANU offers rank adjustments for a number of adjustment factors, including for high achievement in nationally strategic senior secondary subjects and for recognition of difficult circumstances that students face in their studies. Rank adjustments are applied to Bachelor degree applicants with an ATAR at or above 70. Points are awarded in accordance with the approved schedules, and no more than 15 points (maximum 5 subject/performance-based adjustments, maximum 10 equity-based adjustments and maximum 5 Elite Athlete adjustments) will be awarded. Subject and performance-based adjustments do not apply to programs with a minimum selection rank of 98 or higher. Visit the ANU Adjustment Factors website for further information.

Commonwealth Supported Place (CSP)

For more information see:

Annual indicative fee for international students

For further information on International Tuition Fees see:


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.

Are you wondering how you can apply your mathematical skills in an area that extends you and makes a difference to society? Do you want a degree from two globally respected institutions? Then this is the degree for you!

This program commences in July/August each year at National University of Singapore.

You will spend half of this four-year degree at the National University of Singapore and half of this degree at Australian National University receiving a world-class education at both institutions.

Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems. This will prepare them to be thought leaders in financial fields such as insurance, superannuation, investments and other areas of great importance to our futures.

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.

Employment Opportunities

Career opportunities for Actuaries graduates include Actuary-Investment Analyst, Actuary-Fund Administrator/Investment Manager, Liability Consultant/Liabilities Manager and Actuarial Insurance Broker.

Learning Outcomes

  • To develop a grounding in financial mathematics and applications, including the time value of money, annuities, bond and loan calculations
  • To develop the ability to interpret the accounts and financial statements of companies and financial institutions.
  • To develop a grounding in mathematical statistics and regression modeling
  • To develop a grounding in stochastic processes, survival models and their application in actuarial contexts
  • To develop a grounding in the mathematical techniques used to model and value cashflows dependent on death, survival, illness, retirement, and other contingencies.
  • To develop a grounding in the advanced mathematics which has particular relevance to financial work, including risk theory, bayesian statistics, generalized linear modeling, and time series techniques.
  • To develop a grounding in the fundamental concepts of micro and macroeconomics.

Further Information


Students have 48 units of electives in a single degree program. Electives can be selected from CBE or other Colleges. No more than 10 courses at 1000 level.

Students wish to undertake an out of college elective may contact the relevant College directly.

Student Responsibility:

It is the student's responsibility to select electives in such a way that:

  • they satisfy prerequisites for the corresponding course/s.
  • they conform to the rules set out in Programs and Courses or if unsure seek advice from the CBE office.

It is the student's responsibility to select the courses appropriate for his/her program.

Application closing date for this program is end of February.  As all ANU students must also enrol at NUS  and register with NUS accommodation services before 31 March.

Enrolment Status

This program commences in the second semester (July) in Singapore (NUS). Students will study the first 3 semesters at NUS, followed by 4 semesters at ANU and then the final semester at NUS. Students are to be enrolled at both ANU and NUS.   

You should fill the enrolment form (  to enrol for the ANU: CBEA5921 Exchange ANU CBE  (24 units) for each of first three semesters.


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

We will contact you in February, regarding enrolments in ANU and NUS as well as application for accommodation at NUS.

Academic Advice

Please contact CBE Student Services in the ANU College of Business and Economics ( regarding your enrolment in this program.

Do you want to talk to someone before enrolling?


Back to the top

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions