• Total units 24 Units
  • Areas of interest Actuarial Studies
  • Specialisation code ACST-SPEC

The Actuarial Studies specialisation is designed for students who wish to:

  • Develop a greater understanding of actuarial principles and their application;
  • Gain Foundation and/or Associateship Program exemptions through the Actuaries Institute;
  • Improve analytical skills for interpreting and analysing actuarial information;
  • Gain greater insight into the Australian and international financial markets;
  • Increase management skills for dealing with organisations, teams and policy issues; and,
  • Expand their applied knowledge in various specialised areas of actuarial studies.

Learning Outcomes

  1. Recognise the important role of actuarial principles and their application.

  2. Interpret and analyse actuarial information.

  3. Demonstrate an understanding of the Australian financial market as it applies to actuarial work.

  4. Critically engage with and evaluate actuarial problems.

Other Information

This specialisation is incompatible with the Actuarial Statistics specialisation.

Back to the top


This specialisation requires the completion of 24 units, which must consist of:

A minimum of 12 units from the completion of the following:

ACST8032 Actuarial Data Analysis

ACST8040 Actuarial Control Cycle 1

ACST8041 Actuarial Control Cycle 2

ACST8050 Research Essay in Actuarial Studies

FINM8006 Advanced Investments

A maximum of 12 units from the completion of the following:

STAT6013 Principles of Mathematical Statistics for Actuarial Studies

STAT6014 Regression Modelling for Actuaries

STAT6043 Life Contingencies

STAT6045 Actuarial Techniques

STAT6046 Financial Mathematics

STAT6057 Risk Modelling 1

STAT6058 Risk Modelling 2

STAT7004 Introduction to Stochastic Processes

STAT7042 Survival Models

BUSN7008 Financial Statements and Reporting

ECON8069 Business Economics

FINM7003 Continuous Time Finance

FINM7006 Applied Foundations of Finance

FINM7007 Applied Corporate Finance

FINM7008 Applied Investments

FINM7041 Applied Derivatives

Back to the top

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