Program Overview

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Overview

The Bachelor of Actuarial Studies / Bachelor of Science (Advanced Mathematics) (Honours) is a five-year double degree program that explores majors across Advanced Mathematics and Actuarial Studies, including advanced statistics and behavioural economics. This program is designed to provide students with a powerful mathematical technique, specialist statistical analysis skills, and develop their expertise to solve problems and make decisions in crucial areas of business.

Key Features

• Two degrees in only five years
• Study Applied Mathematics, Pure Mathematics or Advanced Statistics
• Build expertise with a supervised research project
• Institute of Actuaries Australia accreditation
• Pathways to USA and UK Actuarial accreditation
• Work experience and industry networking opportunities
• Study overseas with international exchanges and practicums

Program Structure

The Bachelor of Actuarial Studies / Bachelor of Science (Advanced Mathematics) (Honours) is a five-year double degree program consisting of 40 courses (240 Units of Credit (UOC)). Students will complete 16 courses for Actuarial Studies and 24 courses for Advanced Mathematics. The degree includes Actuarial Studies core courses, Actuarial Studies majors and minors, Business electives, Advanced Mathematics major, Advanced Mathematics core courses and electives, Science electives, and Advanced Mathematics majors.

Advanced Mathematics Majors

• Applied Mathematics
• Pure Mathematics
• Advanced Statistics

Optional Majors

• Computational Data Science
• Actuarial Risk Management & Analytics
• Quantitative Data Science
• Accounting
• Behavioural Economics
• Business Analytics
• Business Economics
• Finance

Entry Requirements

Entry to this degree is based on the Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following:

• Australian interstate Year 12 qualifications (e.g., OP rank)
• New Zealand NCEA Level 3
• Equivalent overseas qualifications (e.g., International Baccalaureate (IB) Diploma, GCE A-Levels)
• Post-secondary or tertiary qualifications
• An alternative entry qualification

Admission Pathways

• Gateway Admission Pathway
• Entry programs for Australian Aboriginal and Torres Strait Islander people
• UNSW Foundation studies
• Diploma of Business

English Language Requirements

Students may be asked to provide evidence of their English proficiency to study at UNSW, depending on their educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments, and examinations.

What Will I Study?

The program structure includes:

• Actuarial Studies core courses
• Actuarial Studies majors and minors
• Business electives
• Advanced Mathematics major
• Advanced Mathematics core courses and electives
• Science electives
• Advanced Mathematics majors

Future Careers

Actuaries, trainee actuaries, and mathematical experts have excellent career prospects. Graduates will be in demand from 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
• Marketing Strategist
• Policy Adviser
• Researcher
• Risk Assessment Officer
• Scientist
• Superannuation Adviser
• Wealth Management Analyst

Fees & Scholarships

• 2026 Indicative First Year Full Fee: $12,000
• 2026 Indicative Full Fee to Complete Degree: $51,500
• Commonwealth Supported Place multiple Student Contribution Bands may apply for this double degree.

Accreditation

The Bachelor of Actuarial Studies provides a strong foundation for becoming an actuary or working within a related field. Students can earn exemptions from the Actuaries Institutes Foundation Program in Australia or VEE credit from the Society of Actuaries (USA).