MajorUndergraduate

ACTRLSTD07 Actuarial studies

Faculty of Business and Economics

Actuarial studies (ACTRLSTD07) is a major worth 48 credit points, listing 15 units, taught at Clayton. It is offered in 2 courses: Bachelor of Commerce and Diploma of Higher Education.

Credit points
48
Units
15
Campus
Clayton
Offered in
2 courses

This is the 2023 handbook entry. See the 2026 entry.

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Requisite map

Overview

Actuarial studies applies mathematical and statistical methods to assess risk in insurance, finance and other industries. As a graduate of actuarial studies you will be able to seek employment in finance and business fields dealing with life, general or health insurance, superannuation, risk management and financial consulting. Many actuaries and actuarial graduates work on investment operations for asset managers, brokers and banks. There is a range of government-related jobs in regulatory control, workers' compensation, education and others. Some actuaries work with large companies on long-term strategic planning.

Refer to the Monash Business School professional recognition page for information about specific units that may be required for professional recognition.

Availability

Actuarial studies is listed in B2001 Bachelor of Commerce at Clayton as a major and minor.

Structure

Courses that offer it

Learning outcomes

In addition to achieving the broad outcomes of your course, and successfully completing this area of study, you will be able to:
  1. 1

    Identify, analyse and quantify risk and opportunity using mathematical, econometric and financial analyses in a wide range of business settings

Common questions

Which courses offer Actuarial studies?

2 courses in 2023: Bachelor of Commerce and Diploma of Higher Education.

What units are in Actuarial studies?

It lists 15 units, including BFC2140, BFX2140, ENG1005, ETC2410, ETC2430, ETC2440, ETC2520 and ETC2560. The structure above shows which are required and which you choose.

Major details

Type
Major
Study level
Undergraduate
Credit points
48
Faculty
Faculty of Business and Economics
Handbook years
2023202420252026