SpecialisationUndergraduate

ACTURSTD04 Actuarial studies

Faculty of Business and Economics

Actuarial studies (ACTURSTD04) is a specialisation worth 36 credit points, listing 6 units, taught at Clayton. It is offered in 2 courses: Bachelor of Actuarial Science; and Bachelor of Actuarial Science and Master of Actuarial Studies.

Credit points
36
Units
6
Campus
Clayton
Offered in
2 courses

The 2027 handbook has no page for ACTURSTD04. This is its 2026 entry, the latest one.

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Requisite map

Overview

This specialisation prepares you for an actuarial career. To give actuarial advice in most developed countries, you must become a Fellow of the actuarial profession. This requires gaining technical skills, general application skills, specialist knowledge, and years of work experience. The course enables completion of the Foundation Program under the Actuaries Institute Accreditation Agreement, including actuarial statistics, risk modelling and survival analysis, actuarial mathematics, financial engineering and loss reserving, business finance, and business economics. Upon completion of the course, you will have the opportunity to pursue a career in various international finance and business fields that specialise in life, general or health insurance, superannuation, risk management, and financial consulting. Actuaries and actuarial graduates also work on investment operations for asset managers, brokers, and banks. Moreover, there are government-related jobs in regulatory control, workers’ compensation, and education. Other career opportunities include working with large companies on risk management and long-term strategic planning.

Structure

Courses that offer it

Common questions

Which courses offer Actuarial studies?

2 courses in 2026: Bachelor of Actuarial Science; and Bachelor of Actuarial Science and Master of Actuarial Studies.

What units are in Actuarial studies?

It lists 6 units, including BFC2140, ETC3420, ETC3430, ETC3460, ETC3520 and ETC3530. The structure above shows which are required and which you choose.

Specialisation details

Type
Specialisation
Study level
Undergraduate
Credit points
36
Faculty
Faculty of Business and Economics
Handbook years
2026