University of Melbourne

Overview

The Bachelor of Commerce - Actuarial Studies at the University of Melbourne provides students with essential skills to assess and manage financial risks. This program is designed to prepare graduates for a rewarding career in the financial sector, equipping them with the analytical and quantitative abilities needed to succeed.

What you'll study

The curriculum encompasses a variety of core courses, including:

• Actuarial Modelling
• Contingencies
• Actuarial Statistics
• Intermediate Financial Mathematics
• Stochastic Techniques in Insurance
• Topics in Actuarial Studies

In addition to core subjects, students have the opportunity to select electives that align with their interests and career goals. A capstone project allows learners to apply theoretical knowledge to practical scenarios, enhancing their educational experience.

Entry requirements

Academic Requirements

There are no specific GRE, GMAT, or GPA requirements for admission into this program.

English Language Requirements

Applicants must demonstrate proficiency in English through one of the following tests:

• TOEFL iBT: Minimum score of 81
• PTE Academic: Minimum score of 64
• IELTS: Minimum score of 6.5

General Requirements

Prerequisites for entry include:

• A study score of at least 25 in English or 30 in EAL, and at least 25 in Mathematical Methods or Specialist Mathematics.

Career prospects

Graduates of the Bachelor of Commerce - Actuarial Studies are well-positioned for various roles within the financial industry. The skills acquired through this program make them attractive candidates for positions in risk assessment, insurance, investment analysis, and financial consulting. Additionally, graduates may be eligible for post-study work permits in Australia, allowing them to gain valuable work experience after completing their degree.