Actuarial Studies / Information Systems

University of New South Wales

About

Actuarial Studies is concerned about more than just mathematics and numbers.

It combines study in mathematics, economics, insurance, finance, statistics and programming.

This double degree will allow interested students to complement their Actuarial Studies with business analytics.The analytics skill set is one of the core sub-disciplines of the actuarial profession.

… For more content click the Read More button below.Actuarial Studies is concerned about more than just mathematics and numbers.

It combines study in mathematics, economics, insurance, finance, statistics and programming.

This double degree will allow interested students to complement their Actuarial Studies with business analytics.The analytics skill set is one of the core sub-disciplines of the actuarial profession.

The data analytics space is a rapidly evolving area with broad reaching applications.

The advent of big data has led to an explosion in captured data, analytics approaches and businesses harnessing this data to create new industries or reinvent the way existing industries operate.

Pursuing a joint program in Information Systems allows students to build up their business analytics skills.

This will assist students to use modelling and data analysis techniques on large data sets to discover predictive patterns and relationships for business use.

Solid skills in programming will also assist students during their actuarial career and actuarial employers report an unmet demand for candidates who have proficient business analytics skills.Read More

Structure

Actuarial Studies Majors3586 - Actuarial Studies

Students may elect to complete ACTLE1 or MATHE1 in addition to their Actuarial Studies program requirements.Students completing these majors will still need to complete the program requirements such as Level 1 and 2 core course as well as Level 3 electives. These majors will require UOC to be taken from Business School electives and/or General Education courses. Please see the Progression Plans and consult the Business School Student Centre if you are interested in completing either of these majors.keyboard_arrow_down

  • Major
  • ACTLE148 UOCActuarial Risk Management and Analytics
  • MATHE166 UOCQuantitative Data Science

Optional Additional Major/Minor3586 - Actuarial Studies

Completion of an additional major is optional. Students may choose a maximum of one specialisations listed below.Please note: Completion of an additional major within a combined Actuarial Studies degree may result in more UOC required for degree completion.Students in Actuarial Studies/Economics cannot complete an additional ECON-coded major/minor. They must complete ECONA1, ECONJ1 or ECONE1 to meet their Economics requirements. Similarly, students in Actuarial Studies/Information Systems cannot complete INFSA1 or INFSA2 as an additional major/minor.keyboard_arrow_down

  • MajorMinor
  • ACCTA148 UOCAccounting
  • COMMF148 UOCReal Estate Studies
  • ECONF148 UOCBusiness Economics
  • ECONI148 UOCBusiness Strategy & Econ Mngmt
  • ECONJ160 UOCFinancial Economics
  • FINSA148 UOCFinance
  • FINSR148 UOCFinancial Technology
  • IBUSA148 UOCInternational Business
  • INFSA148 UOCInformation Systems
  • MARKA148 UOCMarketing
  • MGMTA148 UOCManagement
  • MGMTH148 UOCHuman Resource Management
  • TABLA148 UOCBusiness Law
  • TABLC148 UOCTaxation

Level 1 Core Courses3586 - Actuarial Studies

Students must take 54 UOC of the following courses.keyboard_arrow_down

  • ACCT15016 UOCAccounting and Financial Management 1A
  • ACCT15116 UOCAccounting and Financial Management 1B
  • ECON11016 UOCMicroeconomics 1
  • ECON11026 UOCMacroeconomics 1
  • FINS16136 UOCBusiness Finance
  • MATH11516 UOCMathematics for Actuarial Studies and Finance 1A
  • MATH12516 UOCMathematics for Actuarial Studies and Finance 1B
  • MGMT10016 UOCManaging Organisations and People
  • ACTL11016 UOCIntroduction to Actuarial Studies

Level 2 Core Courses3586 - Actuarial Studies

Students must take 18 UOC of the following courses.Students may replace ACTL2131 with the two courses MATH2901 Higher Theory of Statistics and MATH2931 Higher Linear Models. If students make this replacement, MATH2901 will count towards ACTL2131, and MATH2931 will be counted towards a major where this course is required or as a Business elective.keyboard_arrow_down

  • ACTL21026 UOCFoundations of Actuarial Models
  • ACTL21116 UOCFinancial Mathematics for Actuaries
  • ACTL21316 UOCProbability and Mathematical Statistics

Business Core Courses3979 - Information Systems

Students must complete 24 UOC of the following courses.Please note: For students in the Actuarial Studies/Information Systems or Commerce/Information Systems dual degrees; the Business core courses will be covered as part of the Actuarial Studies or Commerce componentStudents in Commerce/Information Systems have the option to complete either ECON1203 or MATH1041 for their Business Core Course requirement but should not complete both.Students in the Actuarial Studies/Information Systems must complete MATH1251 within the Actuarial Studies component which will fulfil the ECON1203/MATH1041 Core Course requirement.keyboard_arrow_down

  • ACCT15016 UOCAccounting and Financial Management 1A
  • ECON11016 UOCMicroeconomics 1
  • MGMT10016 UOCManaging Organisations and People
  • One of the followingMATH10416 UOCStatistics for Life and Social SciencesECON12036 UOCBusiness and Economic Statistics

Information Systems core courses3979 - Information Systems

Students must take 72 UOC of the following courses.keyboard_arrow_down

  • INFS16026 UOCDigital Transformation in Business
  • INFS16036 UOCIntroduction to Business Databases
  • INFS16096 UOCFundamentals of Business Programming
  • INFS26036 UOCBusiness Analysis
  • INFS26056 UOCIntermediate Business Programming
  • INFS26086 UOCDatabase Management & Big Data Infrastructures
  • INFS26216 UOCEnterprise Systems
  • INFS36036 UOCIntroduction to Business Analytics
  • INFS36046 UOCBusiness Process Management
  • INFS36056 UOCInformation Systems Innovation & Transformation
  • INFS36176 UOCNetworking & Cyber Security
  • INFS36346 UOCMobile Applications Development

Level 3 Actuarial Electives3586 - Actuarial Studies

Students must complete 18 UOC of the following courses.keyboard_arrow_down

  • ACTL31416 UOCActuarial Models and Statistics
  • ACTL31426 UOCActuarial Data and Analysis
  • ACTL31516 UOCLife Contingencies
  • ACTL31626 UOCGeneral Insurance Techniques
  • ACTL31826 UOCAsset-Liability and Derivative Models
  • ACTL31916 UOCSuperannuation and Retirement Benefits
  • ACTL31926 UOCRetirement Saving and Spending Over the Lifecycle

Business Elective3586 - Actuarial Studies

Students in the combined Actuarial Studies/Commerce dual degree must complete 42-48 UOC of Business School electives overall depending on the Commerce major.Students in the combined Actuarial Studies/Economics dual degree must complete 36 UOC of Business School electives overall.Students Students in the combined Actuarial Studies/Information Systems dual degree must complete 18 UOC of Business School electives overall.keyboard_arrow_down

  • any course offered by UNSW Business School

General Education3586 - Actuarial Studies

Students must complete 6 UOC of General Education for the Actuarial component of the dual degree however must complete 12 UOC of General Education in the degree overall.Please note: Students enrolled in programs within the UNSW Business School cannot take General Education courses offered by the UNSW Business School (i.e. GENC code). These restrictions also apply to the following courses:GENL2021 An Introduction to the Australian Legal SystemGENL2032 Cyberspace Law 2.0keyboard_arrow_down

  • any General Education course

General Education3979 - Information Systems

Students must take at least 6 UOC of any General Education course. 12 UOC of General Education must be completed overall in the program.Please note: Students enrolled in programs within the UNSW Business School cannot take General Education courses offered by the UNSW Business School (i.e. GENC code). These restrictions also apply to the following courses:GENL2021 An Introduction to the Australian Legal SystemGENL2032 Cyberspace Law 2.0keyboard_arrow_down

  • any General Education course

Minimum Faculty UOC Requirement3586 - Actuarial Studies

Students must complete 90 UOC of Business School courses within the Actuarial Studies component however must complete 180 UOC of Business School courses across the degree.keyboard_arrow_down

  • any course offered by UNSW Business School

Minimum Information Systems and Business UOC3979 - Information Systems

Students must complete 90 UOC of Business Courses for the Information Systems component of the double degree.Students in Actuarial Studies/Information Systems will complete 18 UOC of Business School electives overall. Students in Commerce/Information Systems will complete 18-30 UOC of Business School electives (depend on Commerce major) overall.Students completing Commerce/Information Systems or Actuarial Studies/Information Systems dual degrees must complete, at minimum 180 UOC from the Faculty of Business with another 12 UOC to be completed as General Education for a total of 192 UOC for degree award.keyboard_arrow_down

  • any course offered by School of Information Systems and Technology Management
  • any course offered by UNSW Business School

Maximum Level 1 UOC Requirement3979 - Information Systems

No more than 72 UOC (not including 12 UOC of General Education courses) in Level 1 courses will be counted towards the degree overall.keyboard_arrow_down

  • any level 1 course offered by UNSW Business School

Maximum Level 1 UOC 3586 - Actuarial Studies

Students may complete up to a maximum of 72 UOC of Level 1 courses in the overall double degree, excluding Level 1 completed as part of the General Education requirement in the double degree.

Level 2 and 3 Maturity Requirements 3586 - Actuarial Studies

Students must have completed 24 UOC before taking any Level 2 courses.Students must have completed 48 UOC before taking any Level 3 courses.

Level 2 and 3 Maturity Requirements 3979 - Information Systems

Students must have completed 24 UOC before taking any Level 2 courses.Students must have completed 48 UOC before taking any Level 3 courses.

SAS Certification Requirements 3979 - Information Systems

Students who have successfully completed these five courses at UNSW are eligible for receiving a joint certification issued by SAS and UNSW as a Business Analyst. For SAS JCP, INFS3603, INFS3830, and INFS3873 need to be completed at UNSW (Course substitutes and cross-institutional studies are not eligible for SAS JCP).- … For more content click the Read More button below.Students who have successfully completed these five courses at UNSW are eligible for receiving a joint certification issued by SAS and UNSW as a Business Analyst. For SAS JCP, INFS3603, INFS3830, and INFS3873 need to be completed at UNSW (Course substitutes and cross-institutional studies are not eligible for SAS JCP).- INFS1603 Introduction to Business Databases (6 UOC)- INFS2608 Database Management & Big Data Infrastructures (6 UOC)- INFS3603 Introduction to Business Analytics (6 UOC)- INFS3830 Social Media and Analytics (6 UOC)- INFS3873 Business Analytics Methods (6 UOC)Read More

Institution