Actuarial Studies (Honours)

The Bachelor of Actuarial Studies (Honours) is a one year advanced undergraduate degree for high-achieving students which may be undertaken upon completion of the requirements of an undergraduate pass degree.

The program enables students to expand and deepen their understanding of actuarial studies and develop highly sought after analytical, problem … For more content click the Read More button below.The Bachelor of Actuarial Studies (Honours) is a one year advanced undergraduate degree for high-achieving students which may be undertaken upon completion of the requirements of an undergraduate pass degree.

The program enables students to expand and deepen their understanding of actuarial studies and develop highly sought after analytical, problem solving and research skills through undertaking a significant independent research thesis.

The program may be a pathway into a PhD.Program Benefits:Competitive advantage, higher chances of immediately getting employed upon completion, increased career options - either in academia, business, government or applied research through gaining:Advanced analytical and problem solving skills required for specialist careers in business and government.Highly sought after research, project management and communication skills in as well as advanced knowledge of the relevant discipline.Read More

Core Course

Students must take 6 UOC of the following courses.keyboard_arrow_down

• ACTL40036 UOCResearch Methods in Risk and Actuarial Studies

Thesis

Students must take 24 UOC of the following courses.keyboard_arrow_down

• ACTL40106 UOCThesis (Actuarial Studies) A
• ACTL40116 UOCThesis (Actuarial Studies) B
• ACTL401212 UOCThesis (Actuarial Studies) C

Prescribed Electives

Students must take at least 18 UOC of the following courses.keyboard_arrow_down

• ACTL40016 UOCActuarial Theory and Practice A
• ACTL53016 UOCModels for Risk Management
• ACTL40026 UOCActuarial Theory and Practice B
• ACTL43036 UOCAsset-Liability Management
• ACTL53026 UOCRisk and Capital Management
• any level 4 Economics course
• any level 4 Mathematics course
• any level 4 Risk Management course
• any level 4 Finance course

To be admitted into the Bachelor Actuarial Studies (Honours) program, a student must have completed a pass degree, normally the Bachelor of Actuarial Studies degree or equivalent. A student in a dual degree may gain entry to the Bachelor Actuarial Studies (Honours) prior to completing the requirements for the dual degree program if they have completed 144 UOC including all requirements for the relevant major. Students who have completed a non-business degree with a major in one of the specified business areas, or a specified cognate area, may be eligible to complete honours within this program.

In addition to the above requirements set by the UNSW Business School for enrolment in the program, the School of Risk and Actuarial Studies expects applicants to:

1. Be eligible for exemption from all Part I courses from the Actuaries Institute;
2. Have a weighted average mark (WAM) of at least 80 in all core actuarial courses (the core courses are the ones that are considered for the purpose of exemption from the Part I examinations of the Actuaries Institute) in the degree in which they are currently enrolled;
3. Have a weighted average mark (WAM) of at least 80 in the degree in which they are currently enrolled.

Students who have failed a course within their pass degree will not gain entry to the Bachelor of Actuarial Studies (Honours) program.

The availability and willingness of a supervisor to work with the candidate is another important criterion for successful admission to the program. The number of students accepted to the Bachelor of Actuarial Studies (Honours) program is dependent on the availability of supervisors in the school. If there are more applicants than the school can accommodate, admission will be determined according to students' academic merit. Hence meeting the academic requirements of the program does not guarantee a place in the program. Mid-year entry is not permitted.

See Additional Information below for details on How to Apply.

Additional selection criteria for admission to this program:

• Interview Other

Other: The pre-proposal is be used to evaluate the ability of the applicant in undertaking research and to assess whether the proposed research can be finished within one year.

The interview (a discussion with the Honours Coordinator) is used to assess a students knowledge of the proposed research topic and assess oral communication skills which are essential for communicating research progress and results during the honours year.

The Bachelor of Actuarial Studies Honours degree is a one year program and starts at the beginning of Session 1 and there is no mid-year intake. 

1.Present and defend their research in oral presentations and in writing.ScholarsGlobal Citizens

2.Plan and execute a piece of research with some independence.LeadersScholars

3.Reflect critically on existing ideas and practice within the actuarial studies field.ScholarsGlobal CitizensLeaders

4.Apply a highly developed understanding of the theoretical concepts and body of knowledge in actuarial studies and related disciplines to address a research topic.Global Citizens