Program Overview

Bachelor of Actuarial Studies (Co-op)

The Bachelor of Actuarial Studies (Co-op) at UNSW is accredited by the Actuaries Institute. It emphasises real-world experience from the outset, and gives you the opportunity to choose a specialisation, developing an area of expertise for your career. Youll gain a specialist quantitative skill set in actuarial models, financial mathematics, probability and statistics.

Key Features

• Financial assistance: The Co-op Program provides a scholarship of $21,600 per year for four years (and its tax-free).
• Work experience included: Complete up to three internships, a total of 18 months industry training. Youll trial working at our Co-op Program sponsor organisations, which include leading global organisations like EY, KPMG and PwC.
• Personal career mentoring: For your first work placement, youll be assigned a Co-op Program graduate to guide you and help your decision-making.
• Leadership training: Build professional development and leadership skills through challenging, practical and social camps and interactive workshops.
• Optional second major: You can choose to build knowledge in a second business subject, which will support and complement your actuarial knowledge while broadening your career opportunities.
• Learn from industry leaders: Our courses are taught by world-leading academic staff and industry practitioners to ensure a balanced development of skills.

Program Details

• Program Code: 3587
• Campus: Kensington
• Total Units of Credit (UOC): 192

Entry Requirements

The Bachelor of Actuarial Studies (Co-op) features sponsored professional development and has limited places available. In addition to meeting the required ATAR (or equivalent), youll need to respond to a questionnaire and sit for an interview with UNSW Co-op Program.

Assumed Knowledge

• Mathematics Extension 1

Adjustment Factors

We offer a range of adjustment factor schemes that reward students for academic performance and extra-curricular achievements. These schemes also take into account a range of personal and educational disadvantages that may have affected your studies.

What Will I Study?

The Bachelor of Actuarial Studies (Co-op) is a four-year program consisting of 26 courses and three industry placements (worth 192 Units of Credit/UOC) and personal career mentoring.

Program Structure

• Actuarial core courses
• An optional second major and/or elective courses
• General education courses
• Professional development courses and experiences

Study Areas

• Actuarial Studies
  • Optional majors:
    • Computational Data Science
    • Actuarial Risk Management & Analytics
    • Quantitative Data Science
• Commerce
  • Accounting
  • AI in Business and Society
  • Behavioural Economics
  • Business Analytics
  • Business Economics
  • Finance

Future Careers

Actuaries have diverse career prospects. You'll graduate with skills, experience, and expertise that will put you in high-demand with a range of employers, including life and general insurance companies, banks, fund managers, actuarial and management consulting firms.

Potential Careers

• Actuarial Analyst
• Asset Management Trainee
• Business Consultant
• Credit Analyst
• Data Analyst
• Insurance Analyst
• Investment Banker
• Risk Assessment Officer
• Superannuation Adviser
• Wealth Management Analyst

Fees & Scholarships

• 2026 Indicative First Year Full Fee: $13,000*
• 2026 Indicative Full Fee to Complete Degree: $57,500*
• The Co-op Program is a scholarship that is open to high achieving high school leavers. The scholarship is A$19,600 each year for four years. The scholarship is tax-free and paid fortnightly over the duration of the program. You may still be eligible to apply for additional scholarships.