• Length 5.5 years full-time
  • Minimum 264 Units
Admission requirements
  • Academic plan AENGI / BACTS
  • CRICOS code 117467D
  • UAC code

Do you want to make solar energy more efficient and live in a sustainable city, or create new technologies in robotics, uncrewed aircraft and wireless internet of things? This is the degree for you!


The ANU Bachelor of Engineering boasts many unique characteristics, but best of all, it is built on a 'multidisciplinary systems' approach. What does that mean? Successful engineers need to understand how disciplines work together. Our state-of-the-art education experience ensures that you will be able to design, analyse and manage the complex systems of the future.


This exceptional degree will not only allow you to excel in your career, but to also make a real difference and help to solve some of the world's largest problems.

Are you a maths whiz who wants stimulating work, limitless potential and an ever growing salary? This is the esteemed degree that will make you a thought leader in a wide variety of areas. With an ANU Bachelor of Actuarial Studies, you can excel in your career literally anywhere in the world. Risk is all around us - in investment markets, on the roads, from our health and the climate. This degree will teach you how to apply your mathematical talent in understanding, measuring and managing these risks. Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.

Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

Employment Opportunities

Work experience

As a part of your degree you will take part in 60 days of work experience to meet accreditation requirements with Engineers Australia. This provides you with the opportunity to integrate academic theory and real world practice, enhance technical and leadership skills, experience a professional setting, whilst also making valuable connections with industry.


Projects

In addition to compulsory work experience you will also undertake systems engineering projects during your coursework. In these projects you will work in teams on a given problem statement and develop the requirements and key performance indicators to guide you through the design. Your team will then proceed through a systems design process including conceptual design, sub-system requirements, and quantitative trade-off analyses, using the full range of engineering science and professional skills developed during your program.


Projects emphasise teamwork, communication skills, team and personal management and a professional approach to engineering design, all of which are highly valuable traits for an engineer.


Internships

Our industry links enable opportunities to undertake internships which allow you to gain hands-on experience in a workplace environment relevant to your area of future career interests and current academic studies.


You can also receive credit towards your program based on learning outcomes during your placement.


Other practical experience

Use your knowledge to create a positive impact on society through our Engineers Without Borders placements, participate in Humanitarian Design Summits or go on exchange to complement your students and broaden your networks at one of our partner universities around the world.


Employment opportunities

As an accredited engineer with a systems engineering background, you will bring extra value to future employers in a diverse range of professions and organisations. The skills and abilities you gain while studying at ANU are highly sought after by employers both, in Australia and overseas.


Our approach provides our graduates pathways to progress into senior management roles due to their understanding of more than one engineering discipline.


Due to this, engineering at ANU is often considered as a springboard into the wider corporate world and our graduates find work in many leading organisations such as ABB, Accenture, Department of Defence, CEA Technologies, Cochlear Limited, Energy Australia, Ford, GHD, IBM, Northrop Consulting Engineers, Qantas, Telstra, Thales and Toyota.

Work experience

As a part of your degree you will take part in 60 days of work experience to meet accreditation requirements with Engineers Australia. This provides you with the opportunity to integrate academic theory and real world practice, enhance technical and leadership skills, experience a professional setting, whilst also making valuable connections with industry.


Projects

In addition to compulsory work experience you will also undertake systems engineering projects during your coursework. In these projects you will work in teams on a given problem statement and develop the requirements and key performance indicators to guide you through the design. Your team will then proceed through a systems design process including conceptual design, sub-system requirements, and quantitative trade-off analyses, using the full range of engineering science and professional skills developed during your program.


Projects emphasise teamwork, communication skills, team and personal management and a professional approach to engineering design, all of which are highly valuable traits for an engineer.


Internships

Our industry links enable opportunities to undertake internships which allow you to gain hands-on experience in a workplace environment relevant to your area of future career interests and current academic studies.


You can also receive credit towards your program based on learning outcomes during your placement.


Other practical experience

Use your knowledge to create a positive impact on society through our Engineers Without Borders placements, participate in Humanitarian Design Summits or go on exchange to complement your students and broaden your networks at one of our partner universities around the world.


Employment opportunities

As an accredited engineer with a systems engineering background, you will bring extra value to future employers in a diverse range of professions and organisations. The skills and abilities you gain while studying at ANU are highly sought after by employers both, in Australia and overseas.


Our approach provides our graduates pathways to progress into senior management roles due to their understanding of more than one engineering discipline.


Due to this, engineering at ANU is often considered as a springboard into the wider corporate world and our graduates find work in many leading organisations such as ABB, Accenture, Department of Defence, CEA Technologies, Cochlear Limited, Energy Australia, Ford, GHD, IBM, Northrop Consulting Engineers, Qantas, Telstra, Thales and Toyota.

Learning Outcomes

  1. Apply systematic engineering methods professionally to design optimised and sustainable solutions to complex and transdisciplinary engineering problems.
  2. Construct and evaluate solutions to engineering problems by selecting and applying theoretical principles and methods from the underpinning physical, mathematical and information sciences, and broader transdisciplinary knowledge.
  3. Demonstrate advanced technical knowledge and the application of appropriate tools in at least one field of engineering specialisation.
  4. Compare current developments and emerging trends in at least one field of engineering specialisation.
  5. Understand the contextual factors that influence professional engineering practice, such as interpersonal, organizational, institutional, technological, physical, environmental, political and societal factors, and assess the potential societal, cultural, health, legal and environmental impact of engineering activities.
  6. Communicate and incorporate perspectives across disciplines effectively with colleagues, other engineering professionals and the broader community employing a range of communication media and tools.
  7. Engage in independent research through the application of research-based knowledge and research methods, including searching, analysing and evaluating information sources within and beyond their engineering discipline.
  8. Engage responsibly in critical reflection on self-competence to practice ethically and independent learning to continue practicing at the forefront of the discipline.
  9. Work effectively and proactively within cross-cultural, multi-disciplinary teams, demonstrating autonomy, ethical conduct, well-developed judgement, adaptability and responsibility to achieve engineering outcomes at a high standard.
  1. Utilise concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations.
  2. Describe the fundamental concepts of micro and macroeconomics.
  3. Apply mathematical statistics, regression modelling and other advanced statistical techniques in various discipline backgrounds.
  4. Describe and apply stochastic processes, survival models and their application in actuarial contexts.
  5. Using a diverse range of discipline backgrounds and varied data, model and value cashflows dependent on death, survival, illness, retirement, and other contingencies.
  6. Apply risk modelling techniques across a variety of financial contexts.

Further Information

Learn more about the degrees offered at the ANU College of Engineering and Computer Science, read current student profiles to see what campus life is really like, and discover what our graduates have achieved since leaving the College - Visit the College of Engineering and Computer Science website.

Learn more about the degrees offered at the ANU College of Engineering and Computer Science, read current student profiles to see what campus life is really like, and discover what our graduates have achieved since leaving the College - Visit the College of Engineering and Computer Science website.

Admission Requirements

ATAR:
92
International Baccalaureate:
37

Pathways

There are a range of pathways available to students for entry into Bachelor of Engineering (Honours):

  • ANU: The ANU Bachelor of Science provides a pathway into the Bacehlor of Engineering.
  • International agreements/pathways: College of Engineering and Computer Science has a range of articulation agreements with institutions around the world. Students completing the appropriate qualification in these institutions may be approved for entry and credit exemptions towards Bachelor of Engineering (Honours).

Prerequisites

ACT: Mathematical Methods (Major)/Further Mathematics (Major)/Specialist Mathematics/Specialist Methods (Major)

NSW: HSC Mathematics Advanced or equivalent.

VIC: Mathematics Methods or equivalent

QLD: Mathematics Methods or equivalent

TAS: Mathematical methods/Mathematics Specialised/Mathematics 1 and II through U Tas/Both Mathematics 1 and II through UTAS/Both Advanced Calculus and Applications 1A and 1B through UTAS

SA / NT: Mathematical Methods or equivalent

WA: Mathematical Methods or equivalent

IB: Mathematics: Applications and Interpretations HL/Mathematics: Analysis and Approaches SL or HL

  • ACT:

Required: Mathematical Methods (Major) / Further Mathematics (Major) / Specialist Mathematics (Major) / Specialist Methods (Major)

Recommended: Specialist Mathematics/Specialist Methods (Major/Minor)

  • NSW:

Required: Mathematics Advanced or equivalent

Recommended: Mathematics Extension 1 or equivalent

  • VIC: Mathematics Methods or equivalent
  • QLD: Mathematics Methods or equivalent
  • TAS: Mathematical methods/Mathematics Specialised/Mathematics 1 and II through U Tas/Both Mathematics 1 and II through UTAS/Both Advanced Calculus and Applications 1A and 1B through UTAS
  • SA / NT: Mathematical Methods or equivalent
  • WA: Mathematical Methods or equivalent
  • IB: Mathematics: Applications and Interpretations HL/Mathematics: Analysis and Approaches SL or HL

Adjustment Factors

Adjustment factors are combined with an applicant's secondary education results to determine their Selection Rank. ANU offers adjustment factors based on equity, diversity, and/or performance principles, such as for recognition of difficult circumstances that students face in their studies.

To be eligible for adjustment factors, you must have:

  • achieved a Selection Rank of 70 or more before adjustment factors are applied
  • if you have undertaken higher education, completed less than one year full-time equivalent (1.0 FTE) of a higher education program
  • applied for an eligible ANU bachelor degree program

Please visit the ANU Adjustment Factors website for further information.

Bachelor of Engineering (Honours) - Commonwealth Supported Place (CSP)

Bachelor of Actuarial Studies - Commonwealth Supported Place (CSP)

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$56,120.00

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.

Program Requirements

This double degree requires the completion of 264 units.

The Bachelor of Engineering (Honours) flexible double degree component requires completion of 168 units, of which:

A maximum of 48 units may come from the completion of 1000-level courses

A minimum of 12 units of courses tagged as Transdisciplinary Problem-Solving

The 168 units must include:

72 units from completion of the following compulsory courses:

ENGN1211 Engineering Design 1: Discovering Engineering

ENGN1217 Introduction to Mechanics

ENGN1218 Introduction to Electronics

ENGN2217 Mechanical Systems and Design

ENGN2218 Electronic Systems and Design

ENGN2219 Computer Systems & Organisation

ENGN2222 Engineering Thermodynamics

ENGN2228 Signals and Systems

ENGN2300 Engineering Design 2: Systems Approaches for Design

ENGN2301 Engineering Design 3: Systems Approaches for Analysis

ENGN3100 Practical Experience (0 units)

ENGN3300 Engineering Design 4A: Systems Approaches for Management

ENGN3301 Engineering Design 4B: Systems Approaches for Operations


12 units from completion of a course from the following list:

ENGN4300 Capstone Project

ENGN4350 Individual Project


6 units from completion of a course from the following list:

COMP1100 Programming as Problem Solving

COMP1130 Programming as Problem Solving (Advanced)

COMP1730 Programming for Scientists


6 units from completion of a course from the following list:

PHYS1001 Foundations of Physics

PHYS1101 Physics 1


6 units from completion of a course from the following list:

MATH1013 Mathematics and Applications 1

MATH1115 Advanced Mathematics and Applications 1


6 units from completion of a course from the following list:

MATH1014 Mathematics and Applications 2

MATH1116 Advanced Mathematics and Applications 2


48 units from completion of one of the following Engineering majors, of which 12 units contribute towards meeting the compulsory course requirements above:

Aerospace Systems

Electronic and Communication Systems

Environmental Systems

Mechatronic Systems

Nuclear Systems

Renewable Energy Systems


24 units from completion of courses from the following subject areas: ENGN Engineering

Honours

Students must formally enrol in ENGN4100 Engineering Honours at the commencement of their intended final semester.


Honours Grade Calculation

ENGN4100 Engineering Honours Grade will be used to calculate the Class of Honours and the mark. It will be calculated as the weighted average mark (WAM) of the courses listed below. The mark for each course is weighted by the units of credit (UoC) of the course, as well as a course weighting as indicated below. WAM is calculated as follows:


WAM = ( S Mark*UoC*Weighting) / (S UoC*Weighting)

The Bachelor of Actuarial Studies flexible double degree component requires completion of 96 units, of which:

A maximum of 48 units may come from completion of 1000-level courses 

A minimum of 12 units of courses tagged as Transdisciplinary Problem-Solving

The 96 units must include:

72 units from completion of the following compulsory courses:

ACST3032 Actuarial Data Analysis

ECON1101 Microeconomics 1

STAT1008 Quantitative Research Methods

STAT2005 Introduction to Stochastic Processes

STAT2013 Introductory Mathematical Statistics for Actuarial Studies

STAT2014 Regression Modelling for Actuarial Studies

STAT2032 Financial Mathematics

STAT3032 Survival Models

STAT3037 Life Contingencies

STAT3038 Actuarial Techniques

STAT3057 Risk Modelling 1

STAT3058 Risk Modelling 2


6 units from completion of a course from the following list:

ECON1100 Economics 1 (H)

ECON1102 Macroeconomics 1


6 units from completion of a course from the following list:

MATH1013 Mathematics and Application 1

MATH1113 Mathematical Foundations for Actuarial Studies

MATH1115 Advanced Mathematics and Application 1


12 units from completion of elective courses offered by ANU, which may include courses from the following list:

BUSN1001 Business Reporting and Analysis

CBEA2001 Australian Indigenous Perspectives in Business and Economics

CBEA3001 College of Business and Economics Special Industry Project (UG)

CBEA3066 Global Business Immersion

CBEA3070 ANU College of Business and Economics Internship Program

FINM1001 Foundations of Finance

FINM2001 Corporate Finance

FINM2002 Derivatives

FINM3003 Continuous Time Finance

FINM3011 Investments

MATH1014 Mathematics and Applications 2

MATH1116 Advanced Mathematics and Applications 2

Students may choose to take two MATH courses instead of MATH1113. The options are MATH1013 / MATH1014 or MATH1115 / MATH1116. MATH1013 / MATH1014 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 / MATH1116 is a higher level of MATH1013 / MATH1014 and is recommended for those who are considering further mathematical study. Should two MATH courses be chosen, an elective MATH course should be taken from the last list.

In the requirements of the Bachelor of Actuarial Studies above, it is not possible to gain full exemptions from the Actuaries Institute Foundation Program requirements as some exemption courses are not listed as compulsory courses. For details pertaining to the Actuaries Institute exemptions, please refer to the ANU Actuaries Institute exemption policy page. For details pertaining to the granting of credit for the Society of Actuaries exams under the University Earned Credit program, please refer to the the ANU Society of Actuaries (SOA) page. By including any missing exemption courses in the other flexible double degree, or non-award study (i.e. applying to take more than the standard four courses in some semesters on non-award basis which means you will need to pay full fees for the courses you are overloading), students may be able to complete the courses required to fully satisfy the accreditation program.

If your flexible double degree is within the College of Business and Economics (for example Commerce and Economics), the suggested study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective.

The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Actuarial Studies.

Majors

Bachelor of Engineering (Honours) Majors

Minors

Bachelor of Actuarial Studies Minors

Study Options

Year 1 48 units ENGN1211 Engineering Design 1: Discovering Engineering 6 units PHYS1013 MATH1013 Mathematics and Applications 1 6 units Other Degree Course 6 units
ENGN1217 Introduction to Mechanics 6 units ENGN1218 Introduction to Electronics 6 units MATH1014 Mathematics and Applications 2 6 units Other Degree Course 6 units
Year 2 48 units ENGN2217 Mechanical Systems and Design 6 units ENGN2218 Electronic Systems and Design 6 units COMP1730 Programming for Scientists 6 units Other Degree Course 6 units
ENGN2222 Engineering Thermodynamics 6 units ENGN2228 Signals and Systems 6 units Other Degree Course 6 units Other Degree Course 6 units
Year 3 48 units ENGN2300 Engineering Design 2: Systems Approaches for Design 6 units ENGN2219 Computer Architecture 6 units Other Degree Course 6 units Other Degree Course 6 units
ENGN2301 Engineering Design 3: Systems Approaches for Analysis 6 units ENGN Major Course 6 units Other Degree Course 6 units Other Degree Course 6 units
Year 4 48 units ENGN3300 Engineering Design 4A: Systems Approaches for Management 6 units ENGN Major Course 6 units ENGN Major Course 6 units Other Degree Course 6 units
ENGN3301 Engineering Design 4B: Systems Approaches for Operations 6 units ENGN Major Course 6 units Other Degree Course 6 units Other Degree Course 6 units
Year 5 48 units ENGN4300 Capstone Design Project 6 to 12 units OR ENGN4350; ENGN Major Course 6 units Other Degree Course 6 units Other Degree Course 6 units
ENGN4300 Capstone Design Project 6 to 12 units OR ENGN4350; ENGN Major Course 6 units Other Degree Course 6 units Other Degree Course 6 units

Back to the Bachelor of Engineering (Honours) page

The Bachelor of Engineering (Honours) (BE) is a unique and exciting degree that is professionally accredited by Engineers Australia. The degree encompasses a technical major along with an interdisciplinary systems engineering approach. The degree can be taken as either a single degree or a double degree combined with a number of other degree programs
No choice of major is required until third year with all students undertaking the same courses in their first two years.

Single degree

  • This degree requires a total of 192 units.
  • You will complete one Engineering major of 48 units.
  • 24 units of elective courses from the engineering subject area (courses coded with ENGN) and 24 units of university elective courses offered by ANU.

Double degree

  • The Engineering component of the Flexible Double Degree requires a total of 168 units.
  • You will complete one Engineering major of 48 units and a further 24 units of elective courses from the engineering subject area (courses coded with ENGN).
  • There are no university electives available in a double degree.

About this degree

  • Typically students will enrol in 24 units per semester. This is four, six unit courses per semester. There are some variations in your later years with double weighted (12 unit) courses.
  • A major is typically 48 units of courses and a minor is 24 units. You will need to complete at least one Engineering major in your degree.
  • In the single degree you will have 24 units of ENGN electives and 24 units of university electives (i.e., eight courses with 48 units in total). You may use these to complete another Engineering major or minor, and/or possibly a minor outside of Engineering. You should note that you can only do a maximum of 60 units of 1000-level courses in the entire degree of study.
  • In the double degree, you have no university electives - your other degree requirements use up all of these.

Enrolment Status

The definition of full-time and part-time status can be found here. While it's possible to enrol in fewer courses per semester, it may take you longer to finish your program and get your degree. If you are an international student you must follow the requirement specified by your Confirmation of Enrolment (CoE) and your visa, which normally require you to enrol in 24 units per semester in order to finish your program of study on time.




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

  • Note that if you are commencing in July you should send an email to <student.css@anu.edu.au> for advice about your enrolment or attend an enrolment advice session at the university in the week before semester commences.
MATHS
  • If you studied ACT Maths Methods, or are not confident in your Maths ability, please read the information about secondary school prerequisite of MATH1013 on the course website.
  • Students who excel in maths and have done the highest level of maths available to them at school should read the following: You may choose to enrol in MATH1115 and MATH1116 (honours maths) in place of MATH1013 and MATH1014. These courses are significantly more difficult and will likely mean a higher workload, but they will give you a much deeper understanding of underlying mathematical concepts, which may be beneficial for your future studies. You are encouraged to seriously consider this option. 
Physics Advice for Bachelor of Engineering Students

  • Both PHYS1001 and PHYS1101 satisfy the compulsory first-year physics requirements for BE students.
  • PHYS1101 – Physics 1 is the recommended first year physics course for BE students. It is also a compulsory pre-requisite for subsequent Physics courses. It is recommended for BE students who are interested to do more Physics courses as electives.
  • PHYS1001 is advised only if you did not complete year 11 and 12 physics.
  • PHYS1001 is offered in Semester 1 only. PHYS1101 is offered in both Semester 1 and Semester 2.
  • It is possible to do PHYS1001 in Semester 1 then PHYS1101 in Semester 2. In this case, PHYS1001 is counted as a 1000 series elective course.

Computing Advice for Bachelor of Engineering Students
  • Both COMP1730 and COMP1100 satisfy the compulsory first-year computing requirements for BE students.
  • Both COMP1730 and COMP1100 are offered in S1 and S2.
  • COMP1730 Programming for Scientists is recommended for BE students who are looking to do a single computing course to satisfy the degree requirements.
  • COMP1100 Programming as Problem Solving is the first of three core computer science courses on programming. It is a compulsory pre-requisite (directly or indirectly) for subsequent computing courses. It is recommended for BE students who are interested to do more Computer Science courses as electives.
  • Students having a strong maths background and significant programming experience might like to choose COMP1130 as the advanced version of the programming course.

Majors and Minors

See available majors and minors for this program

There are a number of Engineering majors and minors for you to choose from. The good news is that you do not need to make any decisions about these until after first year. Just follow the first year enrolment pattern for single and double degrees. If you want more information about majors and minors you can have a look at the Bachelor of Engineering Degree Requirements in the 'Programs and Courses' website

Electives

There is one university elective in your first year of study in the single degree. You can take the elective either in the first semester or second semester and take COMP1730 in the other semester. If you are in a flexible double degree and need to take more than one course from your other degree during first year, you should consider doing COMP1730 in your 2nd year thus freeing up an elective in second semester of first year.

Advice on Choosing ENGN Electives

 

The information below is relevant to students completing a single degree only and needing to satisfy the requirements of

  • 24 units from completion of courses from the following subject areas: ENGN Engineering
  • 24 units from completion of elective courses offered by ANU

 

The above set of requirements means that you need to complete a total of 48 units (normally 8 courses) of elective courses, which cannot be part of the compulsory courses or part of your engineering major for meeting the program requirements. Among these elective courses, 24 units must come from ENGN-coded courses, while the other 24 units may come from any courses available to undergraduate students university-wide including but not limited to ENGN-coded courses.

 

Things to Remember:

  • Make sure the elective courses you choose are not part of the compulsory courses nor part of your (first) engineering major for meeting the program requirements. They can contribute towards a second engineering major or another minor.
  • Check the prerequisite of the course you intend to choose to ensure you have met the eligibility criteria. Such information can be found on the Programs and Courses website for the course. Remember to select an appropriate academic year to display the most relevant information.
  • Check the semester(s) in which the chosen course is offered to ensure it can be taken in the semester you intend to take it. Remember to select an appropriate academic year to display the most relevant information.
  • Remember that you can only take a maximum of 60 units of 1000-level courses in the entire degree of study.
  • Keep track of your elective courses in terms of the number of units each course contributes towards meeting the requirements of either 24 units of ENGN-coded elective courses or 24 units of university-wide elective courses. For example, when completing a set of courses for a minor, the courses that are not ENGN-coded can only contribute towards 24 units of university-wide elective courses.

Study Options

Bachelor of Engineering single degree

Study Options

Year 1 48 units ENGN1211 Engineering Design 1: Discovering Engineering 6 units PHYS1101 Physics I 6 units MATH1013 Mathematics and Applications 1 6 units Elective Course 6 Units
ENGN1217 Introduction to Mechanics 6 units ENGN1218 Introduction to Electronics 6 units MATH1014 Mathematics and Applications 2 6 units COMP1730 Programming for Scientists 6 units

Bachelor of Engineering double degree

Study Options

Year 1 48 units ENGN1211 Engineering Design 1: Discovering Engineering 6 units PHYS1101 Physics I 6 units MATH1013 Mathematics and Applications 1 6 units Other Degree Course
ENGN1217 Introduction to Mechanics 6 units ENGN1218 Introduction to Electronics 6 units MATH1014 Mathematics and Applications 2 6 units Double Degree Course

Academic Advice

  • A sample course structure (i.e., study plan) over the four years of the single degree can be found on the webpage Bachelor Degrees | ANU School of Engineering 

  • Remember you can’t count more than ten 1000-level courses (60 units) towards your single degree.



    Back to the Bachelor of Actuarial Studies page

    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)
      • Please note that in the suggested study plan, Finance courses are listed as suggested electives in order to maximise a student's chances at meeting the Actuaries Institute of Australia Foundation Exemptions 
    Commencing Semester 1:

    Semester 1 

    Semester 2 

    • ECON1102 Macroeconomics 1 - 6 units
    • FINM2001 Corp Finance - 6 units
    • MATH1113 Math Fnd for Act Stud - 6 units
    • Elective Course - 6 units

    Commencing Semester 2:
    Semester 2 

    Double degree

    • This degree requires 16 courses (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
    Commencing Semester 1:

    Semester 1 

    Semester 2 

    • MATH1113 Math Fnd for Act Stud - 6 units
    • ECON1102 Macroeconomics 1 - 6 units

    Commencing Semester 2:
    Please talk with the CBE Student Services Team about a study plan commencing in S2

    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.  Please note that in the suggested study plan, Finance courses are listed as suggested electives in order to maximise a student's chances at meeting the Actuaries Institute of Australia Foundation Exemptions 

    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 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, or have an approved Reduced Study Load.

    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 ECON1101.

    Please also note that:

    • You need to enrol in courses for both First Semester and Second Semester.
    • In your first year, 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 via ISIS in courses up until the Monday of Week 2. 

    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. 

    • Please note that in the suggested study plan, Finance courses are listed as suggested electives in order to maximise a student's chances at meeting the Actuaries Institute of Australia Foundation Exemptions 

    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 ECON1101 Microeconomics 1 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 ECON1102 Macroeconomics 1 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, please discuss your amended study plan with the CBE Student Services Team to ensure you are able to progress though the degree.

    Please refer to the CBE Fast Track page:
    https://www.cbe.anu.edu.au/fasttrack 



    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 you may meet the requirements by taking courses as non-award.

    If after reading through these guidelines you are unsure about which courses to enrol in, you can email info.cbe@anu.edu.au


    Please refer to the CBE Fast Track page:
    https://www.cbe.anu.edu.au/fasttrack 



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