Program Requirements

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

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

 FINM2002 Derivatives

FINM2003 Investments

FINM3003 Continuous Time Finance

STAT2013 Introductory Mathematical Statistics for Actuaries

STAT2014 Regression Modelling for Actuaries

STAT2032 Financial Mathematics

STAT2005 Introduction to Stochastic Processes

STAT3032 Survival Models

STAT3037 Life Contingencies

STAT3038 Actuarial Techniques

STAT3057 Risk Modelling 1

STAT3058 Risk Modelling 2

ACST4031 Actuarial Control Cycle 1

ACST4032 Actuarial Control Cycle 2

ACST4XXX Actuarial Data Analysis

EMET3004 Econometrics II: Econometric Modelling 

The equivalent of 96 units from completion of the following compulsory courses at National University of Singapore:

ACC1701X Financial Accounting

EC1101E Introduction to Economic Analysis

EC2101 Microeconomic Aalysis I

EC2102 Macroeconomic Analysis I

EC2303 Foundations for Econometrics

EC3101 Microeconomic Analysis II

EC3102 Macroeconomic Analysis II

EC4401 Honours Thesis

FAS1101 Writing Academically: Arts & Social Sciences

FAS1102 Public Writing and Communication

FIN2704X Finance

FIN3101 Corporate Finance

GE Quantitative Reasoning

GE Asking Questions

GE Singapore Studies

GE Computational Thinking

GE Human Cultures

MA1101R Linear Algebra I

MA1102R Calculus

Two Economics level-4000 electives

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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.

Study Options

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.
ATAR display
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.

Prerequisites

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.

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.

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

1.  Utilise concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations

2. Interpret the accounts and financial statements of companies and financial institutions.

3. Describe the fundamental concepts of micro and macroeconomics.

4. Apply mathematical statistics, regression modeling and other statistical techniques to actuarial problems

5. Describe and apply stochastic processes, survival models and their application in actuarial contexts

6. Model and value cashflows dependent on death, survival, illness, retirement, and other contingencies

7. Apply risk modelling techniques across a variety of financial contexts

8. Analyse and interpret specific business situations so that the correct actuarial and other techniques can be applied

9. Utilise critical thinking to solve specific actuarial problems and communicate their results to a relevant audience

Inherent Requirements

Further Information

Accreditation

ANU Application deadline
The Bachelor of Social Sciences (Honours in Actuarial Studies and Economics) will be commencing in Semester 2 (July) only each year.

 Applications close by 6th January 2019 (11:55pm Australian Eastern Daylight Time).

 ANU Acceptance deadline:  28th  Feb 2019

NUS Application deadline: 29th March 2019

All ANU applicants must also enrol at NUS  as exchange students and register with the NUS accommodation services. Upon acceptance at the ANU, they should submit an application to NUS (via here) under the the ‘International Applicants- Please select the ‘Indian Standard 12 (Others) qualification’’.

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.

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