UNSW Bachelor of Actuarial Studies/Science (Adv Maths) (Hons

Bachelor Honours Degree Risk Management Full Time

Bachelor of Actuarial Studies/Bachelor of Science (Advanced Mathematics) (Honours)

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

CRICOS course code

088858M

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

5.5 years

Tuition (whole course)

A$310,000 total

Per year

A$57,986/yr

Intake

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

About this program

The Bachelor of Actuarial Studies/Bachelor of Science (Advanced Mathematics) (Honours) at the University of New South Wales is an intensive double degree designed for students with a strong aptitude for mathematics, analytics, and risk management. Delivered over 5.5 years in Sydney, this program merges rigorous training in actuarial science, covering probability theory, financial mathematics, economics, and statistical modelling, with advanced studies in mathematics, fostering a nuanced skill set valued in complex problem-solving environments.

Structured according to the Australian Qualifications Framework (AQF) at the bachelor honours level, the program consists of units of study spanning multiple academic sessions, each contributing a set number of credit points toward the total qualification. The honours component typically includes a capstone research project in advanced mathematics, enabling students to apply their technical knowledge to in-depth investigations or industry-oriented problems. Work-integrated learning opportunities, such as professional placements or industry-linked projects, are frequently incorporated, especially given the strong demand for practical actuarial experience in the Australian financial sector.

Students develop advanced quantitative and analytical skills, expertise in managing financial risk, and the ability to communicate complex technical information to varied audiences. The combination of actuarial and high-level mathematics training provides graduates with versatile capabilities suitable for sectors requiring both statistical and mathematical modelling acumen. This course particularly suits those seeking a challenging academic environment, aiming for professional actuarial accreditation, or aspiring to research or highly analytical roles across industry and academia.

International students are welcome and must meet English proficiency requirements, typically an IELTS Academic score of 6.0–6.5 overall (or equivalent recognised tests). While studying, students can take advantage of awarded work rights (up to 48 hours per fortnight) and may be eligible for the Temporary Graduate visa (subclass 485) upon completion, allowing for further career development in Australia. Please confirm all details, including course structure and professional accreditation pathways, with the official UNSW program page.

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, superannuation, banking, and finance companies
Risk analyst or consultant for consulting firms and government agencies
Data scientist or quantitative analyst in finance technology sectors
Mathematics researcher or academic in universities and research institutions
Financial modeller or investment analyst in investment management firms
Policy advisor or risk manager in regulatory authorities and public sector organisations

Frequently asked questions

How long is the Bachelor of Actuarial Studies/Bachelor of Science (Advanced Mathematics) (Honours) at University of New South Wales?

It typically takes 5.5 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$310,000 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Actuary in insurance, superannuation, banking, and finance companiesRisk analyst or consultant for consulting firms and government agenciesData scientist or quantitative analyst in finance technology sectorsMathematics researcher or academic in universities and research instituti...

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