single degree

Bachelor of Actuarial Studies (Honours)

A single one year undergraduate degree offered by the ANU College of Business and Economics

BACT
  • Length 1 year full-time
  • Minimum 48 Units
Admission requirements
  • Academic plan HACTS
  • Post Nominal
  • CRICOS code 036671G
  • Mode of delivery
    • In Person
  • Field of Education
    • Insurance and Actuarial Studie
  • Academic contact
  • Length 1 year full-time
  • Minimum 48 Units
Admission requirements
  • Academic plan HACTS
  • Post Nominal
  • CRICOS code 036671G
  • Mode of delivery
    • In Person
  • Field of Education
    • Insurance and Actuarial Studie
  • Academic contact

Program Requirements

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.

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.

Admission Requirements

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.

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.

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: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$45,864.00

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.

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.

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.

Learning Outcomes

  1. demonstrate a sound knowledge and critical understanding of research design and methods in development of a research proposal and research plan
  2. perform independent research
  3. exhibit in-depth knowledge of their chosen research topic
  4. discuss and apply an actuarial control cycle in a variety of practical commercial situations. 

Inherent Requirements

Information on inherent requirements is currently not avaialble for this program.

Further Information

Acceptance deadline:

If applicants are successful in receiving an offer, the acceptance deadlines is 31st January


Application materials

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

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