Bachelor of Applied Finance & Actuarial Studies
MA Macquarie University logo
Bachelor's Degree Finance Full Time

Bachelor of Applied Finance with the degree of Bachelor of Actuarial Studies

at Macquarie University · Sydney, New South Wales

CRICOS course code

067844B

CRICOS provider code

00002J

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

4 years

Tuition (whole course)

A$199,300 total

Per year

A$49,825/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Bachelor of Applied Finance with the degree of Bachelor of Actuarial Studies at Macquarie University equips students with a comprehensive understanding of the financial and actuarial domains. Over four years, students engage deeply with contemporary financial theories and practices while also mastering quantitative skills essential for assessing and managing risk. This dual-focused programme combines rigorous academic instruction with practical application, ensuring graduates are ready to navigate the complexities of the financial markets and actuarial landscapes.

The course is structured over eight semesters, with each semester encompassing a diverse array of units of study. Students earn credit points for each unit, culminating in a capstone project that synthesizes their learning experiences. This project often involves real-world challenges, allowing students to apply their knowledge in practical settings. Additionally, the programme incorporates work-integrated learning opportunities, including professional placements that offer invaluable industry experience.

Students will develop essential skills in financial analysis, risk assessment, data interpretation, and strategic decision-making. The curriculum is designed to cater to individuals passionate about finance and actuarial science, whether they aim to work in investment firms, insurance companies, or financial consultancies. It suits analytical thinkers who thrive in dynamic environments and are keen to harness quantitative methods to problem-solve.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.
International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

  • Actuary in insurance and superannuation
  • Financial Analyst in investment banking and corporate finance
  • Risk Manager in financial institutions
  • Investment Analyst in asset management
  • Consultant in financial services
Australian industries such as finance, insurance, health, and superannuation actively seek graduates from this programme. The skills gained are highly applicable in various roles across diverse sectors, allowing for flexible career pathways.

Graduates benefit from the Temporary Graduate visa (subclass 485) post-study work stream, facilitating a smoother transition into the workforce. While studying, international students have work rights of up to 48 hours per fortnight, providing an excellent opportunity to gain experience while pursuing their degree.

Frequently asked questions

How long is the Bachelor of Applied Finance with the degree of Bachelor of Actuarial Studies at Macquarie University?

It typically takes 4 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$199,300 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Actuary in insurance and superannuationFinancial Analyst in investment banking and corporate financeRisk Manager in financial institutionsInvestment Analyst in asset managementConsultant in financial services Australian industries such as finance, insurance, health, and superannu...

Guides for this subject and the application

All guides →

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