Bachelor of Actuarial Studies

Macquarie University has been teaching actuarial studies since 1968. It is the first actuarial studies program in the English speaking world, and is the longest running program of its type in Australia. One-third to one-half of qualified actuaries in Australia are Macquarie graduates.

Actuaries analyse and manage the financial consequences of risky events. These risks include risk of death or sickness, risk of natural hazards (cyclone, earthquake, bushfire), and financial risks (shares, bonds, exchange rates). Actuaries analyse and manage the risks of financial contracts, insurance and retirement funds. They also help manage and control financial institutions. Actuaries relate numbers to real life.

In this actuarial studies degree you'll learn to conduct mathematical, statistical, economic and financial analysis to a range of practical problems faced in long-term financial planning and management.

Very strong industry links exist through capstone and professional subjects including the actuarial control cycle.

Key features:

• Accredited by the Actuaries Institute, giving you a head start in your professional exams.

• Provides a comprehensive understanding in not only actuarial studies but also in economics, accounting, mathematics, statistics and finance. In your final year, your advanced skills will allow you to undertake actuarial projects on insurance liability and risk.

• Taught by the largest actuarial department in Australia, students will learn from highly experienced lecturers and members of the Actuaries Institute.