Bachelor of Actuarial Science (3 Year Program)

Designed for students who wish to study via a two-semester model, this three-year program means you will study during the January and September semesters of each year only and will complete the degree overthree years rather than the usual two.

The Bachelor of Actuarial Science (3 Year Program) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making.

The Bachelor of Actuarial Science (3 Year Program) is taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond FinTech Hub and Bloomberg data-sourcing terminals.

The program develops students’ skills in the challenge of crunching 'big data' numbers to create practical solutions for real-world problems.

Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high-level manager.

Successful completion of the program can lead to Part I qualification with the Actuaries Institute.

Bachelor of Actuarial Science (3 Year Program) comprises 24 subjects, as follows:

University core subjects (3)

• CORE11-001 Critical Thinking and Communication
• CORE11-002 Collaboration, Teams and Leadership
• CORE11-003 Responsibility, Integrity and Civic Discourse

Plus: CORE11-004 Beyond Bond: Professional Development and Community Engagement

Required subjects (14)

• ACCT11-100 Accounting for Decision Making
• ACSC12-200 Mathematical Statistics
• ACSC12-201 Financial Mathematics
• ACSC13-301 Contingencies
• ACSC13-305 Actuarial and Financial Models
• ACSC13-306 Stochastic Processes
• ACSC13-307 Survival Analysis
• ECON11-100 Principles of Economics
• ECON12-200 Econometrics
• ECON12-202 Contemporary Macroeconomics Issues
• FINC12-200 Fundamentals of Finance
• FINC13-301 Corporate Finance
• FINC13-303 Portfolio Analysis and Investment Management
• STAT11-112 Quantitative Methods

Electives (7)

Students can choose 7 General Elective Subject (70CP).

• General elective – A subject that may be chosen from any subject on offer across the University provided requisites, enrolment restrictions and any other faculty requirements have been met.

Major/Minor

• Students are encouraged to undertake an optional major (60CP) or minor (40CP). This will replace six (6) or four (4) of your general electives. 

A list of Majors and Minors is available here.Please note: The Actuarial Science major or minor is not available for this program. 

• Actuarial Science students are recommended to take A Finance and/or Big Data major as part of their program. Please discuss with the Enrolment Advisor in the Student Business Centre. 
• Students may also choose one of the following opportunities to use your elective subject to have international experiences or an Internship opportunity provided you meet the requirements. Please discuss with the Enrolment Advisor in the Student Business Centre.

Study Tour

• The Study Tour requires approval from the Faculty. (Please note that additional costs and visa requirements are associated with this subject).

Business Internship

• The Internship requires a 2.0 GPA and approval from the Faculty with an application to the Career Development Centre.

Individual Study Topic

• The Individual Study Topic is only available in exceptional circumstances and requires Program Director's approval.

The following opportunities are also available to Bond Business School students.

• BUSN13-730: Business School International SemesterStudents will be undertaking study at approved overseas institutes offering an international internship experience program, facilitating both academic study courses and practical industry internship placement
• Bond International Exchange ProgramCurrent Bond students have the opportunity to study at one of 80+ leading universities in our network of exclusive international partnerships, for one or two semesters.

Please visit BBS Program Structure and Sequencing for guidance on study plans

Important note for first semester students

You will be registered in the Bond Business Mentoring Program designed for all new undergraduate students; please be advised the first scheduled gathering is in the Bond Business School orientation, If you require further information please email businessmentoring@bond.edu.au  

Academic requirements

Applicants with recent secondary education (within the past two years)

Entry score for 2021 entry

Visit our student profile if you are interested in the profile of all students who commenced undergraduate study at the Faculty in the January semester 2020.

Applicants must meet the University's general minimum admission criteria.

In addition, this program requires knowledge of advanced mathematics.

International Secondary School students

For more information for International Students, including the International Baccalaureate, please go to the International Secondary School equivalency page.

Alternative entry pathways

For those applicants who do not currently have the required academic qualifications, there are a number of alternative entry pathways:

• Bond University Tertiary Preparation programs
• Bond University Diploma programs
• Other institutional Tertiary Preparation Programs
• Vocational education and training qualifications (Certificate IV and above)
• Prior higher education experience (at this university or another)
• Special Tertiary Admissions Test (STAT)
• Professional or para-professional qualifications/experience
• Employment experience verified by a statement of service from the employer stating the position title and length of service and a very brief statement on the tasks undertaken.

For more information on what is required please visit our how to apply page.

English language proficiency requirements

As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English language proficiency requirements for university study.

Credit for prior study

Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to how to apply for credit for more information

Key dates

Bond University calendar

How to apply

In order to apply for study at Bond University, you will need to complete the online application form. To find out more about the application process please refer to how to apply.

The growing demand for data science skills is due to organisations realising the benefits they can gain from analysing big data, particularly in applications of data mining, machine learning and other techniques across many industries. The Bachelor of Actuarial Science (3 Year Program) will prepare students for rewarding careers in a range of disciplines, including:

• Climatology
• Consulting
• Data Analytics
• E-Commerce
• Economics
• Finance
• Health
• Insurance
• Infrastructure
• Research
• Risk Management
• Safety
• Science
• Statistics
• Superannuation
• Technology