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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.



Study Level


Typical duration

3 Years

Delivery Mode


Intake Period

Term 1, Term 2, Term 3

Academic Calendar

3+ Calendar

Minimum Units of Credit


Award type

Bachelors Pass


Bachelor of Actuarial Studies - BActSt

UAC Code




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Program Structure

Students must complete 144 UOC as a standalone program.

These UOC are made up of:

  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)
  5. Free electives (36 UOC)
  6. General Education (12 UOC)

For single and related double degrees please see Progression Plan

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Optional Second Major or Minor

Optional Second Major or Minor description.

Completion of a second major/minor is optional. Students may choose a maximum of one major/minor listed below.

Please note: A major in the School of Mathematics and Statistics comprises at least 60 UOC. Students completing a Major in the School of Mathematics and Statistics may treat MATH 1151 as equivalent to MATH1141, and MATH1251 as equivalent to MATH1241 for the purposes of completing major requirements.

Level 2 and 3 Maturity Requirements

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

Progression Requirements

University Medal

Award of Pass with Distinction

Additional Information

Please note that these requirements may be subject to change. Students should always follow the program requirements according to the year they started their degree. For more information please visit Previous UNSW Online Handbooks

Contact the UNSW Business School Student Centre for advice.
tel: + 61 2 9385 3189
location: Level 1, room 1028, Quadrangle Building
Forms, policies and procedures
Frequently asked questions

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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