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Bachelor of Actuarial Studies / Science, University of New South Wales

Sydney- Aus, New South Wales - Aus

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48 Months

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About this course

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The Bachelor of Actuarial Studies / Science at UNSW is a four-year, full-time double degree designed for students passionate about data analysis and scientific inquiry. It combines serious quantitative skills in actuarial models, financial mathematics, probability, and machine learning with the possibility to explore a wide array of science majors, including biology, chemistry, physics, environmental sciences, and more. The program is taught face-to-face, integrating advanced analytical techniques with real-world problem-solving through practical opportunities like internships and industry projects. Graduates develop the ability to evaluate risks and opportunities for diverse stakeholders, making them valuable in industries like finance, insurance, healthcare, and environmental research. The degree provides a pathway to professional accreditation, offering exemptions to actuarial exams, and emphasizes both theoretical understanding and practical experience to prepare students for future careers.

Why this course is highly recommended

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This dual degree is highly valued because it blends in-demand skills in data analytics, machine learning, and risk assessment with broad scientific knowledge across various disciplines. It is taught by leading academics and industry professionals, ensuring a balanced development of skills and knowledge. The program also offers significant industry engagement through internships, global practicums, and research projects, alongside opportunities for professional development and networking across more than 400 industry contacts. Furthermore, completing the degree provides exemptions to several professional actuarial exams, boosting employability and international recognition.

Specialisation

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Students can tailor their degree by choosing from a range of majors within the Bachelor of Science, which include options such as biology, bioinformatics, chemistry, genetics, climate systems science, physics, psychology, and more. In addition, the actuarial component offers specialisations in actuarial and commerce areas, along with minors and electives, allowing students to build a curriculum aligned with their interests and career aspirations.

Course fees

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Application fees

28.74L

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1st year tuition fees

28.74L

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Living cost

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Degree requirements

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To complete this double degree, students must earn 192 units of credit, comprising 96 UOC from Actuarial Studies—including core courses, electives, and optional specialisations—and 144 UOC from Science, including core courses, a major, and electives. The program encourages combining these components with minors and electives based on student interests. Typically, the program can be completed in four years of full-time study.
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English language test

IELTS

7

TOEFL

94

PTE

65

DUOLINGO

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Career prospects

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Graduates with a Bachelor of Actuarial Studies / Science can work across diverse fields such as pharmaceutical research, environmental science, finance, insurance, superannuation, and data analysis. They are equipped to pursue roles such as actuarial analysts, research scientists, business consultants, and more. The program’s flexible skills open pathways into professions involving risk management, scientific research, and data-driven decision-making, with opportunities to advance into leadership, research, and policy roles within various industries.

FAQs

What are the entry requirements for this degree?

Entry is based on a minimum Australian Tertiary Admission Rank (ATAR) of 98.0, with equivalent qualifications from various countries and pathways available such as the Gateway, Indigenous, and alternative pathways through UNSW College.

Can I choose a specific major in science?

Yes, students can choose from 27 majors including biology, chemistry, physics, environmental sciences, psychology, and more, tailoring their degree to their passions.

Is there an internship or industry placement opportunity?

Yes, the program offers work-integrated learning, internships, industry projects, and global practicums to provide real-world experience.