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Qualification:

Bachelor Degree

Awarding body:

Macquarie University

Start Date:

Feb

Cost:

AUS $23,640 a year

Duration:

4 Year(s)

Study mode:

Full time

Course description:

This course is for students interested in work based on the application of mathematical, statistical, economic and financial analysis to a wide range of practical problems in long-term financial planning and management. This course allows students to major in both actuarial studies and mathematics or statistics. The actuarial degree is accredited by the Institute of Actuaries of Australia (IAAust). This means that if students complete the three year Bachelor of Actuarial Studies with grades of credit or above in the relevant units in the program they are granted exemption from Part 1 of the IAAust’s professional exams. If students complete a four-year double degree involving actuarial studies (or the longer combined degree with Law) with grades of credit or above in the relevant units they are granted exemption from Parts 1 and 2 of the IAAust’s professional exams. Career opportunities include banking and finance; energy and environment; general and health insurance; investment; life insurance; management; non-traditional areas such as it, e-commerce, climate change; public sector: Australian prudential regulation authority, Australian taxation office; risk management; superannuation and wealth management.

Entry requirements:

Students must possess advanced mathematics or equivalent. The required Australian Tertiary Admission Rank (ATAR) for this course is 94.45. No work experience required. Students should also have a minimum IELTS (Academic English only) score of 6.5 overall, with 6.0 in each section; minimum TOEFL (paper based test) score of 580 overall, with 53 listening, 52 reading, 59 structure/written expression, 5.0 TWE; TOEFL (computer based test) score of 237 overall, with 19 listening, 19 reading, 25 structure/writing and TOEFL (internet based test) score of 92 overall, with 18 listening, 17 reading, 22 writing and 22 speaking.

Application details:

Students should complete the application form and send it to Macquarie University Macquarie International, Building E3A, Level 1, North Ryde NSW 2109, Australia. They must pay a application fee of AU$110 while submitting the application form; application form must be enclosed with certified copies or original evidence of English language proficiency; certified copies or original evidence of all academic qualifications, including transcripts and graduation certificates; if students are requesting credit for previous study, attach certified copies or original evidence of syllabus and detailed unit information and if necessary, attach any other additional information or portfolios.

While Hotcourses makes every effort to ensure course information is correct at time it is submitted, all information is indicative only and course details are subject to change. Please check all details with Macquarie University.