Program Overview
Macquarie University's Bachelor of Actuarial Studies equips students with the mathematical, statistical, and financial skills to excel in risk management, finance, and insurance. Accredited by the Society of Actuaries, this program prepares graduates for high-demand careers as actuaries, advising organizations on financial and risk management strategies.
Program Outline
Degree Overview:
The Bachelor of Actuarial Studies at Macquarie University is a professionally accredited program that equips students with the knowledge and skills to apply mathematical, statistical, economic, and financial analysis to practical problems in long-term risk management, finance, and insurance. Graduates of the program are prepared for careers as actuaries, who advise government, financial institutions, and other organizations on financial management, risk management, product design, and complex transactions.
Outline:
The program consists of a core curriculum in actuarial science, statistics, finance, and economics, as well as a range of elective courses that allow students to tailor their studies to their interests and career goals. The core curriculum includes courses in:
- Actuarial Mathematics
- Actuarial Statistics
- Actuarial Finance
- Actuarial Economics
- Actuarial Modeling
- Actuarial Risk Management
Assessment:
Students are assessed through a variety of methods, including:
- Exams
- Quizzes
- Assignments
- Projects
- Presentations
Teaching:
The program is taught by a team of experienced faculty members who are actively involved in research and industry. The faculty uses a variety of teaching methods, including:
- Lectures
- Tutorials
- Workshops
- Case studies
- Simulations
Careers:
Graduates of the Bachelor of Actuarial Studies are in high demand in a variety of industries, including:
- Insurance
- Finance
- Consulting
- Government Actuaries are responsible for a wide range of tasks, including:
- Designing and pricing insurance products
- Managing financial risks
- Developing investment strategies
- Advising on mergers and acquisitions
Other:
The Bachelor of Actuarial Studies at Macquarie University is recognized as a Centre of Actuarial Excellence by the Society of Actuaries. This recognition reflects the program's high quality and its commitment to preparing students for successful careers in the actuarial profession.
