Monash University

Australian
52 Scholarships 93 Programs 4 Degree levels
Bachelor

Bachelor of Actuarial Studies

Offered at Monash University, Australian
DegreeBachelor
FieldBActSt
Duration2 years
Tuition56800.00

Overview

OverviewThe Bachelor of Actuarial Studies at Monash University equips students with the essential analytical and mathematical skills needed to excel in the actuarial profession. This program is tailored for individuals aiming to leverage data-driven insights to inform business decisions and manage risk effectively.Key Facts Learn from esteemed faculty members who bring real-world experience and insights into the classroom, preparing you for a successful career in economics, finance, and data analysis. Develop advanced competencies in risk evaluation and decision-making, essential for navigating the complexities of modern business environments. Enhance your professional skills, including communication, leadership, and critical thinking, to thrive in various business contexts.

About this programme

Overview

The Bachelor of Actuarial Studies at Monash University provides students with the vital analytical and mathematical skills necessary for a successful career in the actuarial field. This program is designed for those who aspire to utilize data-driven insights to guide business decisions and effectively manage risks.

What you'll study

Core Courses Include:

  • Corporate Finance
  • Actuarial Cash Flow Modelling
  • Economics
  • Actuarial Practice
  • Probability and Statistical Inference for Economics and Business
  • Statistical Modelling for Actuarial Studies

In addition to core courses, students will have the flexibility to choose electives that align with their career aspirations, culminating in a capstone project that demonstrates their acquired knowledge and skills.

Entry requirements

Academic Requirements

  • Completion of a bachelor degree (or equivalent) with a strong academic record, including foundational courses in statistics and calculus.

English Language Requirements

  • TOEFL iBT: Minimum score of 79
  • PTE Academic: Minimum score of 58
  • IELTS: Minimum score of 6.5

General Requirements

  • CRICOS Code: 082326K

Career prospects

Graduates of the Bachelor of Actuarial Studies can pursue various career paths in economics, finance, and data analysis. With a strong foundation in risk assessment and decision-making, they are well-equipped to navigate the complexities of modern business environments. Furthermore, upon graduation, international students may qualify for a post-study work permit, enabling them to gain valuable professional experience in Australia.

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Programme details are indicative and may change — always verify current information with the official university website before applying.