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Bachelor of Actuarial Studies / Bachelor of Commerce


Why choose this bachelor's degree?

  • Gain two reputable degree that are highly regarded by industry
  • Challenging and highly rewarding for those wanting to enter the financial services or insurance industry in a quantitative role
  • Develop technical and non-technical skills needed to pursue the role of an actuarial analyst
  • Develop breadth and depth of knowledge across a wide range of business disciplines
  • Flexibility to design a study program that suits your interests or career goals
  • Opportunity to study up to two Commerce majors in addition to specialist knowledge in actuarial studies
  • Allow you to seek professional accreditation in a range of areas after graduation

Who is this degree for?

  • You’re a high achieving student looking for a foundation to enter the actuarial profession
  • You’re looking for a greater breadth and depth of skills and knowledge
  • You would like to complete three majors to increase your career opportunities and be competitive in the job market

Job and career prospects

  • Accountant/financial analyst
  • Actuarial analyst
  • Asset management trainee
  • Auditor
  • Business analyst
  • Human resource consultant /employment relations
  • Information systems analyst/IT infrastructure developer
  • Investment banker
  • Insurance analyst
  • Marketing, advertising or brand manager
  • Risk assessment officer
  • Strategic planner
  • Superannuation advisor
  • Tax officer/corporate advisor
  • Wealth management analyst

Degree structure

The Bachelor of Actuarial Studies/Bachelor of Commerce is a 4 year dual degree program consisting of 32 courses (192 UOC). The program includes:

  • Actuarial Studies core courses
  • Three level 3 Actuarial Studies electives
  • Commerce core courses
  • One commerce major
  • ASB electives*
  • General education courses (chosen from other faculties)

*You can use these to complete a third major (from approved areas of study).

Core courses

Actuarial studies courses:

  • Accounting and Financial Management 1A
  • Accounting and Financial Management 1B
  • Business Finance
  • Introduction to Actuarial Studies
  • Managing Organisations & People
  • Microeconomics 1
  • Macroeconomics 1
  • Mathematics for Actuarial Studies and Finance 1A
  • Mathematics for Actuarial Studies and Finance 1B
  • Foundations of Actuarial Models
  • Financial Mathematics for Actuaries
  • Probability and Mathematical Statistics (substituted for Business and Economic Statistics)

Commerce courses:

Choose one flexible core course from:

  • Business and the Law
  • Business Information Systems
  • Marketing Fundamentals

Areas of study (majors)

Actuarial studies:

  • Actuarial Studies


  • Accounting
  • Business Economics
  • Business Law
  • Business Strategy and Economic Management
  • Finance
  • Financial Economics
  • Human Resource Management
  • Information Systems
  • International Business
  • Management
  • Marketing
  • Real Estate Studies
  • Taxation

View full program details (UNSW Online Handbook)

Entry requirements

Entry to this degree is based on your academic performance in one of the following:

  • Australian and New Zealand senior secondary studies
  • Post-secondary or tertiary qualifications
  • Equivalent overseas qualifications
  • An alternative entry qualification

The UNSW English Language requirements also apply to this degree.

How to apply

Domestic students:

If you are an Australian citizen, Australian permanent resident or New Zealand citizen, you apply online through the Universities Admissions Centre (UAC).

Find out more about applying for a bachelor degree at UNSW.

International students:

If you are an international student, and you’re completing an Australian Year 12, the NZ NCEA Level 3 qualification, or the International Baccalaureate (IB) in Australia or overseas, you apply online through UAC International.

All other international students apply directly to UNSW.

Transferring students

Transferring within UNSW

You can apply to transfer between UNSW degrees after completing a minimum of 6 courses (36 UOC) through UNSW Internal Program Transfer. Assessment is based on the achievement of a pre-determined average grade (typically 75).

Alternatively, you can apply for transfer between UNSW degrees through UAC (domestic students) or directly with UNSW (international students) after completing a minimum of 6 courses (36 UOC). Assessment is based on your ATAR (or equivalent) and/or studies at UNSW.

Transferring from outside UNSW

You can apply for transfer into a UNSW degree after completing a minimum of 6 courses (36 UOC). Assessment is based on your ATAR and/or results from university studies. Apply online through UAC (domestic students) or directly with UNSW (international students).

You may be eligible for transfer credits for courses successfully completed at another university. Credit transfer is not determined until an offer of study is made. Find out more about credit transfer at UNSW.

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Read my story
Khar Mun Tang
"My career aspiration is to become a consulting actuary, and I know that my studies and experience gained at UNSW will help me achieve this goal."
Quick facts
Program code:3155
UAC code:424350
Award:Bachelor Degree
Assumed knowledge:Mathematics Extension 1
ATAR cut-off:97.00 (2014)
Other qualifications considered:Accepted Qualifications for High School Graduates
Total Units of Credit (UOC):192
Study mode:Face to face
Duration:4 years full-time, 8 years part-time
Commencing semesters:
Semester 1 - March
Semester 2 - July
Campus:Kensington Campus
HECS fee band:Band 3
Program code:3155
UAC code:424350
CRICOS code:080469M
Award:Bachelor Degree
Assumed knowledge:Mathematics Extension 1
ATAR cut-off:92.50
Other qualifications considered:2015 International Direct Entry Guide
Total Units of Credit (UOC):192
Study mode:Face to face
Duration:4 years full-time
Commencing semesters:Semester 1 - March
Semester 2 - July
Campus:Kensington Campus
Program fee (per year):$36,000

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