This Honours plan requires the completion of 48 units, which must consist of:
18 units from completion of the following compulsory courses:
ACST4031 Actuarial Control Cycle 1
ACST4032 Actuarial Control Cycle 2
ACST4062 Actuarial Data Analysis
A maximum of 18 units from completion of courses from the following list:
ACST4060 Enterprise Risk Management 1
ACST4061 Enterprise Risk Management 2
ACST4045 Advanced Insurance
FINM4106 Advanced Investments
ACST4049 Advanced Global Retirement Income Systems
A minimum of 12 units from completion of courses from the following list:
ACST4600 Actuarial Research Essay
ACST4500 Actuarial Honours Thesis
In order to complete the degree, students will also be required to complete the research training activities specified by the convenor of the program.
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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Commonwealth Supported Place (CSP)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
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 some of the Associateship and Fellowship requirements of the Actuaries Institute.
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.
- demonstrate a sound knowledge and critical understanding of research design and methods in development of a research proposal and research plan
- perform independent research
- exhibit in-depth knowledge of their chosen research topic
- discuss and apply an actuarial control cycle in a variety of practical commercial situations.
Information on inherent requirements is currently not avaialble for this program.
If applicants are successful in receiving an offer, the acceptance deadlines is 31st January
Applicants must provide complete documentation, including a certified or coloured copy of testamur and final transcript (except for ANU students). Applicants must also provide a Statement of Purpose, which must include:
1. Reasons for applying to the honours program, including discussion of the specific skills they would like to develop during the honours year.
2. Proposed research topic for the honours year or discussion of specific research interests that the applicant would like to pursue during honours. It is highly desirable that the applicant has an agreed supervisor at the time of applying
3. How completion of the honours program will help the applicant in their future career.
All of the documents are required by 10th December