Monash University
3 years (full time), 6 years (part time)
The Bachelor of Actuarial Science helps you build your skills in applying mathematical and statistical concepts to real-world business scenarios, evaluating risks and opportunities, and positively influencing economic structures.
All applicants must satisfy the equivalence of the VCE subject prerequisites including English and Mathematics. There are many ways to gain entry to this course depending on your educational background and history.
The course develops through the four themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience, and elective study. Foundation commerce knowledge units provide a comprehensive study of economics and econometrics disciplines and their impact on multi-discipline decision-making. Foundation and advanced discipline knowledge units develop your capacity as a critical and creative professional able to apply actuarial science to provide discipline-based solutions. Free elective study allows you to further develop your knowledge of actuarial science, commerce, or select units from across the University.
Monash University is a leading global university committed to excellence in teaching, research and graduate outcomes. The Bachelor of Actuarial Science is accredited by the Actuaries Institute, preparing you to provide professional actuarial advice in Australia and overseas.
Actuaries work in many fields of finance and business, the major ones being in life, general or health insurance, superannuation and financial consulting; investment operations for asset managers, stockbrokers, and banks; and government-related jobs in regulatory control, workers' compensation, and education. Actuaries are also in demand for long-term strategic planning with large companies and in the broader fields of risk management, banking and data analysis.
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