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Actuaries work in the assessment and management of the financial risks faced by insurance companies, superannuation funds and other entities. These risks include illness, disability or death of individuals, as well as risks to property (motor vehicles, buildings, etc.). The actuary’s work is based on a multi-disciplinary background in mathematics, statistics, finance and economics. A major in Actuarial Studies will give you a firm grounding in the traditional actuarial skill set of mathematics, statistics, demography, finance and economics. Specifically, you’ll learn from subjects covering actuarial techniques and life insurance modelling, through to the mathematics of finance and insurance risk models. This background, coupled with strong analytical skills, sees actuaries serving as financial advisers to a range of organisations including insurance companies, banks and other financial institutions, superannuation funds and governments
Programme overview
Main Subject
Mathematics
Degree
BComm
Study Level
Undergraduate
Actuaries work in the assessment and management of the financial risks faced by insurance companies, superannuation funds and other entities. These risks include illness, disability or death of individuals, as well as risks to property (motor vehicles, buildings, etc.). The actuary’s work is based on a multi-disciplinary background in mathematics, statistics, finance and economics. A major in Actuarial Studies will give you a firm grounding in the traditional actuarial skill set of mathematics, statistics, demography, finance and economics. Specifically, you’ll learn from subjects covering actuarial techniques and life insurance modelling, through to the mathematics of finance and insurance risk models. This background, coupled with strong analytical skills, sees actuaries serving as financial advisers to a range of organisations including insurance companies, banks and other financial institutions, superannuation funds and governments
Admission Requirements
79+
6+
176+
58+
36+
1380+
94+
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Bachelor of Commerce Major in Actuarial Studies
Parkville Campus, Parkville, Australia
# 54QS Subject Rankings
36 monthsProgramme duration
MathematicsMain Subject Area
Programme overview
Main Subject
Mathematics
Degree
BComm
Study Level
Undergraduate
Programme overview
Main Subject
Mathematics
Degree
BComm
Study Level
Undergraduate
Admission Requirements
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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Master of Energy and Resources Law
Master of Energy and Resources Law
Master of Environmental Law
Master of Environmental Law
Master of Evaluation
Master of Evaluation
Master of Global Competition and Consumer Law
Master of Global Competition and Consumer Law
Master of Global Media Communication
Master of Global Media Communication
Master of Health and Medical Law
Master of Health and Medical Law
Master of Human Rights Law
Master of Human Rights Law
Master of Instructional Leadership
Master of Instructional Leadership
Master of Intellectual Property Law
Master of Intellectual Property Law
Master of International Education (International Baccalaureate)
Master of International Education (International Baccalaureate)
Master of International Journalism
Master of International Journalism
Master of International Relations
Master of International Relations
Master of International Tax
Master of International Tax
Master of Journalism
Master of Journalism
Master of Law and Development
Master of Law and Development
Master of Laws
Master of Laws
Master of Laws (Global Competition and Consumer Law)
Master of Laws (Global Competition and Consumer Law)
Master of Learning Intervention
Master of Learning Intervention
Master of Management (Human Resources)
Master of Management (Human Resources)
Master of Marketing Communications
Master of Marketing Communications
Master of Private Law
Master of Private Law
Master of Public Policy and Management
Master of Public Policy and Management
Master of Public and International Law
Master of Public and International Law
Master of Publishing and Communications
Master of Publishing and Communications
Master of Social Policy
Master of Social Policy
Master of Supply Chain Management
Master of Supply Chain Management
Master of Tax
Master of Tax
Master of Teaching (Early Childhood and Primary)
Master of Teaching (Early Childhood and Primary)
Master of Teaching (Early Childhood)
Master of Teaching (Early Childhood)
Master of Teaching (Primary)
Master of Teaching (Primary)
Master of Teaching (Secondary)
Master of Teaching (Secondary)
Master of Teaching (Secondary) Internship
Master of Teaching (Secondary) Internship
Master of Tertiary Education (Management)
Master of Tertiary Education (Management)
Executive MBA (2)
Executive Master of Business Administration
Executive Master of Business Administration
Full-Time MBA (2)
Master of Business Administration
Master of Business Administration
Arts and Humanities (3)
Doctor of Philosophy - Arts
Doctor of Philosophy - Arts
Life Sciences and Medicine (3)
Doctor of Clinical Dentistry
Doctor of Clinical Dentistry
Doctor of Dental Surgery
Doctor of Dental Surgery
Doctor of Medical Science
Doctor of Medical Science
Doctor of Optometry
Doctor of Optometry
Doctor of Philosophy - Veterinary Science
Doctor of Philosophy - Veterinary Science
Doctor of Physiotherapy
Doctor of Physiotherapy
Doctor of Veterinary Medicine
Social Sciences and Management (3)
Doctor of Education
Doctor of Education
Doctor of Philosophy - Education
Doctor of Philosophy - Education
Doctor of Philosophy - Law
Doctor of Philosophy - Law
Master of Educational Psychology/Doctor of Philosophy
Master of Educational Psychology/Doctor of Philosophy