Bachelor of Actuarial Studies
Bachelor's degree
In Canberra (Australia)
Description
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Type
Bachelor's degree
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Location
Canberra (Australia)
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Duration
3 Years
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Start date
Different dates available
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Credits
144
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 financial fields. With an ANU Bachelor of Actuarial Studies you will excel 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 the risks.Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.
Facilities
Location
Start date
Start date
About this course
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.
Reviews
Subjects
- Risk
- Options
- Investment
- Macroeconomics
- Statistics
- Business Economics
- Secondary
- Mathematics
- Economics
- Financial Mathematics
- International
- Finance
- Financial
- School
- Insurance
- IT risk
- Financial Training
- Climate
- GCSE Mathematics
- Skills and Training
Course programme
The Bachelor of Actuarial Studies requires completion of 144 units, of which:
A maximum of 60 units may come from completion of 1000-level courses
The 144 units must include:
72 units from completion of the following compulsory courses:
BUSN1001 Business Reporting and Analysis
ECON1101 Microeconomics 1
STAT1008 Quantitative Research Methods
STAT2001 Introductory Mathematical Statistics
STAT2005 Introduction to Stochastic Processes
STAT2008 Regression Modelling
STAT2032 Financial Mathematics
STAT3032 Survival Models
STAT3035 Risk Theory
STAT3036 Credibility Theory
STAT3037 Life Contingencies
STAT3038 Actuarial Techniques
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:
ECON2102 Macroeconomics 2 (P)
ECON2016 Economics II (H)
ECON2112 Macroeconomics 2 (H)
12 units from the completion of courses on List 1 of the ANU College of Business and Economics.
48 units from completion of elective courses offered by ANU
The below study plan will meet the Actuaries Institute Part 1 requirements.
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, one of ECON1101, BUSN1001 or STAT1008 would need to move to the “Elective Course” position in the second semester of Year 1 above to make room for a MATH course in the first semester of Year 1.
The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Actuarial Studies.
For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed. If all courses in a major and/or minor are compulsory courses in the degree, the major and/or minor will not be listed on the transcript.
Bachelor of Actuarial Studies