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Please note: Entry into this program is open to domestic students only.

The Bachelor of Actuarial Studies (Co-op) (BActSt (Co-op)) is a highly valued and unique business qualification. It provides high-achieving students with a strong, 4-year academic program, integrated with fully assessable industry placement experiences that enable students to work with some of Australia's leading employers.

The BActSt(Co-op) combines the requirements of the degree with 15 months of coordinated industrial experience at three different sponsoring organisations. Industrial training extends outside university semesters.

A scholarship is payable from funds donated by the sponsoring organisations, and entry to the program is limited to students awarded a scholarship through the BActSt(Co-op) selection procedures administered by the Co-op Program Office. For baseline requirements to the UNSW Co-op program visit the future students page.

Program benefits:

  • Highly regarded by industry
  • Provides students with the fundamentals of business and the option to explore their interests
  • Prepares students academically, technically and professionally
  • Equips students with the skills and knowledge to pursue a variety of career options
  • Allows students to qualify for professional accreditation in a range of areas.

Actuarial Studies involves the application of statistical and financial analysis and risk models to management in general, life and health insurance, superannuation, investment and finance.

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.

The actuarial program of study also aims to develop the use of judgement and to provide the necessary combination of mathematical, statistical, accounting, economic, financial, demographic, analytical and quantitative modelling skills for a rewarding career in the financial services industry. Employers in the financial services industry – including banks, insurers and consultants – value the rigorous quantitative risk training in the Actuarial Studies major.



Study Level


Typical duration

4 Years

Delivery Mode


Academic Calendar

3+ Calendar

Minimum Units of Credit


Award type

Bachelors Pass


Bachelor of Actuarial Studies (Co op) - BActSt (Co-op)

UAC Code


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Program Structure

Students must complete 192 UOC as a standalone program.

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Specialisation Requirements

Specialisation Requirements description.

A Major in UNSW Business School is a sequence of at least 48 UOC in a single discipline or area of study. A Major in the School of Mathematics and Statistics comprises of at least 60 UOC.

For the purposes of completing a Major in the School of Mathematics and Statistics, Students may treat:

- MATH1151 as equivalent to MATH1141
- MATH1251 as equivalent to MATH1241

Special Admission Requirements
Progression Requirements
Internships and Placements

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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