What will I learn?
Are you a maths whiz who wants stimulating work, limitless potential and an ever growing salary? This is the esteemed degree that will make you a thought leader in financial fields. With an ANU Bachelor of Actuarial Studies you will excel your career literally anywhere in the world.
Risk is all around us - in investment markets, on the roads, from our health and the climate. This degree will teach you how to apply your mathematical talent in understanding, measuring and managing the risks.
Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.
There are many attractive career opportunities for fully qualified actuaries in Australia. Some of the job titles associated with actuarial studies is listed below:
A financial expert trained to analyze the activities and future prospects and earnings of companies and securities for the purpose of investment.
Fund administrator/investment manager
A person employed by an organization that specializes in the investment of a portfolio of securities on behalf of individuals and/or organizations subject to the guidelines and directions of the investor.
A professional person engaged by holders of liabilities, such as banks or industry superannuation funds, to advice on appropriate payment strategies and organizational structures to meet a stream of obligations.
Actuarial insurance broker
An independent agent who values life, fire, accident and other forms of insurance for a range of insurance companies.
Offer their professional services for a fee, provide a wide range of services, including; advice on financial decisions, independent valuations, design of insurance funds, and future financial planning strategies.
In addition to the roles described above, many actuaries successfully move into high-level administrative and management positions. Their broad training reflects the strong interdisciplinary nature of the actuarial profession, which mixes the need for strong theoretical skills with the need for sound practical intuition.
To develop grounding in financial mathematics and applications, including the time value of money, annuities, bond and loan calculations
To develop the ability to interpret the accounts and financial statements of companies and financial institutions.
To develop a grounding in mathematical statistics and regression modeling
To develop a grounding in stochastic processes, survival models and their application in actuarial contexts
To develop a grounding in the mathematical techniques used to model and value cash flows dependent on death, survival, illness, retirement, and other contingencies.
To develop grounding in the advanced mathematics which has particular relevance to financial work, including risk theory, Bayesian statistics, generalized linear modeling, and time series techniques.
To develop a grounding in the fundamental concepts of micro and macroeconomics.
Which department am I in? ANU College of Business and Economics
Applicants must have completed recognized upper secondary or equivalent studies comparable to Australian Year 12, to the required standard. Applicants must have obtained a score between 28 - 42. English Language Requirements: Academic IELTS: An overall score of 6.5 with at least 6 in each component of the test; a score of 570 with TWE score of 4.5 in TOEFL (paper based test); A score of 80, with a minimum of 20 in Reading and Writing and 18 in Speaking and Listening in TOEFL (internet based test); Cambridge CAE (Pre and Post): 58 overall with all sub skills at borderline or higher; 176 overall with at least 169 in all sub skills. PTE Academic Overall 64, minimum score of 55 in each section.
Students must have completed at least one from the following qualifications:
An Australian year 12 qualification or international equivalent; OR
A completed Associate Diploma, Associate Degree, AQF Diploma, Diploma, AQF Advanced Diploma, Graduate Certificate or international equivalent; OR
At least one standard full-time year (1.0 FTE) in a single program of degree level study at an Australian higher education institution or international equivalent; OR
An approved tertiary preparation course unless subsequent study is undertaken.
English language requirements: Academic IELT overall score of 6.5 with at least 6 in each component of the test; TOEFL internet based test score of 80, with a minimum of 20 in Reading and Writing and 18 in Speaking and Listening; TOEFL paper based test score of 570 with TWE score of 4.5; Cambridge CAE Advanced score of 176 overall with at least 169 in all sub skills; PTE Academic score of Overall 64, minimum score of 55 in each section.
Offered by other partners
This university accepts pathways courses from Trinity College - The University of Melbourne
A$42,960.00 (US$ 33,603) per year
19 February 2018, 23 July 2018, 25 February 2019
Australian National University Acton Campus, ACTON, Australian Capital Territory, 2601, CANBERRA, Australia