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Bachelor of Actuarial Science

B2033

Overview

Actuarial science will prepare you for a career as an actuary. To provide professional actuarial advice in Australia, and in most other developed countries, you must become a fellow of the local actuarial profession. This involves developing basic technical skills, learning how to apply these skills in a general setting, developing deep specialist knowledge and completing a professional course following several years' relevant work experience. You will have the opportunity to gain industry-based experience as part of the specialisations in this course: Actuarial studies and Actuarial analytics. You will be able to seek employment in international 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 are 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.

Sourced from the Monash Handbook 2026.

Quick facts

Credit points
144
Qualification
Level 7 - Bachelor Degree
Type
UG specialist
Faculty
Faculty of Business and Economics
Modes
On-campus · Full-time · Part-time
CRICOS code
097257F
Handbook year
2026

Areas of study (2)

Specialisations(2)

  • 36 cp
  • 36 cp