Bachelor of Actuarial Studies
Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, you'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.
KEY FEATURES
- You'll complete part, or all, of the Foundation level and the university component of the Associateship level professional qualifications of the Actuaries Institute, subject to demonstrating superior academic performance in the relevant units.
- You'll undertake a range of units in actuarial science, statistics, finance and economics.
- You'll have the opportunity to complete a capstone unit.
- Macquarie is recognised as a Centre of Actuarial Excellence by the Society of Actuaries.
Campus Information
North Ryde
Sydney New South Wales 2109 Australia
Intakes
- Feb
Application Processing Time in Days: 7
Application Process
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
So that you’re equipped with the knowledge and skills employers require now and in the future, we design many of our degrees in consultation with a range of industries and sectors. Having such experts involved in creating the fundamentals of your degree provides you with opportunities to contextualise your learning, and gain the latest career insights.
Professions
- Actuary
- Claims adjuster, examiner or investigator
- Fund manager
- Insurance analyst
- Insurance specialist
- Pricing or marketing actuary
- Risk analyst
- Superannuation adviser or analyst
- Underwriter
PSW Opportunity
Post Study Work Steam Renames to Post Higher Education Work Steam.
- Bachelor degree holders including honours can get upto 2 years of post study stay
- Master by course work and extended (with a duration exceeding 2 years) can stay upto 2 years
- Masters by research (with a duration exceeding 2 years) and PhD holder can stay upto 3 years
- The Maximum eligible age to apply for PSW will be reduced to 35 years of age from 50 years of age for all applicants
Due to the Australian Indian Economic Cooperation and Trade Agreement signed by the 2 countries, according to which:
- Indian students completing bachelor degree including honours can stay upto 2 years
- Bachelor degree with First class honours in STEM including ICT can stay upto 3 years
- Masters by coursework in extended researched (with a duration exceeding 2 years) can stay upto 3 years
- PhD students can stay upto 4 years.
Admission Requirement / Eligibility Criteria
FOR BANGLADESH
- Bangladeshi Senior Secondary School
Minimum requirement - 4.5-4.7
FOR INDIA
- Indian AISSC
- Indian HSSC
- Indian ISC
Minimum requirement - 70-74
FOR NEPAL
- Nepalese HSEC (from 2018)
Minimum requirement - 3.6
FOR SRI LANKA
- Sri Lankan GCE A-Levels, Minimum requirement - 4
- Sri Lankan GCE O-Levels - Not accepted for Bachelor entry
For More Information Please Contact To Our PSA Counselor.
- Course Code: 067838M
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
-
Total Tuition Fee:
135300 AUD
Average Cost of Living: 29710 AUD /year
Application Fee: N/A
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