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Macquarie University (MQU)

Sydney , New South Wales ,Australia

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

More Information Required
4 Days
Possible Interview Call from Institution
0 Days
Provisional/Unconditional Offer
7 Days
Visa Process
30 Days

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.