UNSW Bachelor of Actuarial Studies/Bachelor of Economics

Bachelor's Degree Economics Full Time

Bachelor of Actuarial Studies/Bachelor of Economics

at University of New South Wales · Sydney, New South Wales

CRICOS course code

077867A

CRICOS provider code

00098G

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$235,500 total

Per year

A$58,875/yr

Intake

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

About this program

The Bachelor of Actuarial Studies/Bachelor of Economics from the University of New South Wales is a unique double degree that equips students with highly sought-after analytical, quantitative, and financial skills. This comprehensive four-year programme allows students to simultaneously develop expertise in actuarial science, focusing on risk analysis, insurance, and superannuation, and economics, covering microeconomic and macroeconomic theory, econometrics, and policy analysis in the Australian and global context.

The programme is structured over four years of full-time study, with students completing a required number of units of study and accruing corresponding credit points as stated by UNSW’s academic regulations. The degree typically requires progression through foundational, intermediate, and advanced courses in both disciplines, offering electives to allow for some specialisation. Students often undertake a capstone project or research assignment, particularly in their final year, where they apply theoretical concepts to practical business or policy problems. Work-integrated learning or industry projects may also form part of the study experience, connecting students to the robust financial and insurance sectors in Sydney and across Australia.

Graduates acquire advanced skills in statistical modelling, financial mathematics, risk management, economic policy analysis, and business decision-making. These capabilities are underpinned by strong communication and problem-solving skills, preparing students for both analytical and advisory roles. The programme suits those with a strong aptitude for mathematics and an interest in understanding economic systems and how they interface with financial risk, insurance, and superannuation frameworks prevalent in Australia.

Successful completion of this double degree can facilitate professional recognition pathways towards actuarial accreditation. Students are encouraged to consult UNSW’s official site for details on professional associations and potential exemptions. International students benefit from post-study work opportunities in Australia through the Temporary Graduate visa (subclass 485), and all students can work up to 48 hours per fortnight during study. Entry for international students requires evidence of English proficiency consistent with UNSW policy. Always confirm current course and visa requirements on the official university and government websites.

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

Actuarial analyst in insurance, superannuation, or consulting firms
Risk manager or actuarial consultant in Australian financial services
Economic policy analyst in government departments or regulatory agencies
Financial analyst in banking and investment institutions
Data analyst roles across corporate, consultancy, or research organisations
Superannuation advisor or analyst in wealth management

Frequently asked questions

How long is the Bachelor of Actuarial Studies/Bachelor of Economics at University of New South Wales?

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

How much is the tuition?

Tuition is around A$235,500 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Actuarial analyst in insurance, superannuation, or consulting firmsRisk manager or actuarial consultant in Australian financial servicesEconomic policy analyst in government departments or regulatory agenciesFinancial analyst in banking and investment institutionsData analyst rol...

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