Monash University
Bachelor of Actuarial Science
Nationally Recognised Higher EducationIn a Bachelor of Actuarial Science you will learn to apply mathematical concepts to real-life scenarios, and use your analytical skills to help companies plan for the future. As you further develop your maths and analytical skills, you will start to use a range of concepts and data findings to solve real commercial problems.
If you are big on numbers and the role they play in our day-to-day lives, actuarial science could help you turn your curiosity into a promising commercial career. Actuaries play major roles in a range of organisations - in insurance, superannuation, business and financial services, scientific and social research, and engineering.
Delivery mode
Monash University offers this course through the following delivery modes:
On campus
Work with instructors and classmates in a supportive and collaborative environment.
- Wellington Road, Clayton, VIC
Entry requirements
Domestic Students
- There are no mandated entry requirements.
Subject prerequisites
VCE Units 3 & 4: a study score of at least 27 in English (EAL) or at least 25 in English other than EAL
VCE Units 3 & 4: a study score of at least 25 in one of Maths: Mathematical Methods or Maths: Specialist Mathematics
IB subjects: At least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL
IB subjects: At least 4 in Mathematics: Analysis and Approaches SL or 3 in Mathematics: Analysis and Approaches HL or 3 in Mathematics: Applications and Interpretations HL
VET Study or Higher education
Applicants will require a minimum of 70% average to be considered for selection.
Work and life experience
Applicants who have successfully completed Year 12 are eligible to apply for this course.
Additional requirements may apply.Course fees
For more information about this course and payment options please enquire now.
Career opportunities
The Bachelor of Actuarial Science will prepare you for the following roles.
Actuary
An Actuary interprets information and data to assist with financial decision making. You might analyse data from a range of sources and assess the...
Actuarial Analyst
An Actuarial Analyst assesses financial risks using mathematics, statistics, and financial theory. You might work in an insurance company, consulta...
Risk Analyst
A Risk Analyst analyses information and data to assess risk. You might work in banking, insurance or a range of other industries. Risk Analysts mak...
Risk Consultant
A Risk Consultant is a professional who assists organisations in identifying, assessing, and mitigating potential risks that could impact their ope...
Insurance Analyst
An Insurance Analyst is responsible for analysing insurance data and trends to provide insights that inform pricing strategies and risk assessments...
Data Analyst
A Data Analyst interprets information and uses it to improve the way a company does business. You’ll use various methods to collect information and...
Data Scientist
A Data Scientist looks for trends in data to provide information that guides organisational decisions. You might work for a retail business to prov...
Insurance Underwriter
An Insurance Underwriter assesses and evaluates insurance applications to determine the level of risk and the appropriate premium to charge. You mi...
Financial Analyst
A Financial Analyst interprets financial data and provides recommendations on financial activity. You might look at general financial markets or ex...
Quantitative Analyst
A Quantitative Analyst applies mathematical and statistical techniques to analyse financial data and support decision-making in financial markets....
About Monash University
Monash has a 60-year history of making a global impact through our outstanding research, diversity, breadth of alumni, partnerships and connections that result in new solutions and better outcomes. We do this with a global mindset that comes to life through our global locations.
