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Overview

The Actuarial Studies program serves as a foundation for students who wish to enter the actuarial profession. Students must achieve the required academic standard in their Actuarial Studies courses to gain exemption from the Foundation Program of the Actuaries Institute professional examinations, the Core Principles courses of the Institute and Faculty of Actuaries (UK) professional examinations, and the Validation by Educational Experience (VEE) credit for the Society of Actuaries (USA) and Casualty Actuarial Society (USA). Students (esp. Actuarial Studies (Co-op) students and dual degree students) may also be eligible to gain exemption from the university accreditation components of the Associate Program of the Actuaries Institute professional examinations.
Campus

Kensington

Study Level

Undergraduate

Typical duration

5 Years

Intake Period

Term 1, Term 3

Academic Calendar

3+ Calendar

Minimum Units of Credit

240

Award(s)

Bachelor of Actuarial Studies - BActSt

Bachelor of Laws - LLB

UAC Code

426000

CRICOS Code

082787C

Stand Alone Programs

Click on the link below to find out more about each individual program.

Double Degree Structure

Students must complete 240 UOC.

Bachelor of Actuarial Studies/Law degree normally consists of 240 UOC.

These UOC are made up of:

Actuarial Studies component (96 UOC)
1. Level 1 Actuarial Studies Core Courses (54 UOC)
2. Level 2 Actuarial Studies Core Courses (18 UOC) (Please note: ACTL2131 may be substituted by MATH2901 and MATH2931, please see below)
3. Level 3 Actuarial Studies Electives (18 UOC)
4. Business School Elective (6 UOC)

Law component (144 UOC)
1. Law compulsory courses - 96 UOC
2. Law prescribed elective - 6 UOC
3. Law elective courses - 42 UOC

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Law Electives

4701 - Law

Law Electives description.

Students must complete 42 UOC of Law Electives.

Note: With the permission of the Director of Undergraduate Studies and the course teacher, undergraduate students may enrol in one or more Postgraduate courses, in a select list of approved Postgraduate Electives. Not more than half the students' total elective courses may be taken from the postgraduate offerings.

Requirements for Double Degree Actuarial Studies/Law

3586 - Actuarial Studies

Law students are permitted to complete any TABL course offered in the Bachelor of Actuarial Studies (Taxation major), with the exception of TABL1710 and TABL2741, as part of the Actuarial Studies component of their program but are NOT permitted to complete any other TABL course.

Mathematics Requirements for Double Degree

3586 - Actuarial Studies

1. MATH1151 Mathematics for Actuarial Studies and Finance 1A (6 UOC) replaces MATH1141 Higher Mathematics 1A (6 UOC)
2. MATH1251 Mathematics for Actuarial Studies and Finance 1B (6 UOC) replaces MATH1241 Higher Mathematics 1B
This applies to any stream that requires either of these courses.

3. If MATH1041 Statistics for Life and Social Sciences (6 UOC) is a requirement in a stream, it is replaced by one of the following three courses:
- ACTL2131 Probability and Mathematical Statistics (6 UOC)
- MATH2801Theory of Statistics (6 UOC)
- MATH2901 Higher Theory of Statistics (6 UOC)

Level 2 and 3 Maturity Requirements

3586 - Actuarial Studies

Students must have completed 24 UOC before taking any Level 2 courses.
Students must have completed 48 UOC before taking any Level 3 courses.

Nura Gili Pre-Law Program

4701 - Law

Indigenous students who have entered the Bachelor of Law program through the Nura Gili Pre-Law program must complete the following two courses (6 UOC):
- LAWS1213 Foundations Enrichment 1 (3 UOC)
- LAWS1214 Foundations Enrichment 2 (3 UOC)
These courses are taken in place of 6 UOC of electives and are not available to other students.

Program Fees

At UNSW fees are generally charged at course level and therefore dependent upon individual enrolment and other factors such as student's residency status. For generic information on fees and additional expenses of UNSW programs, click on one of the following:

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

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