About risk and actuarial studies
We live in a risky world, and people and businesses are increasingly aware of the need to manage risk. Businesses in all industries – particularly financial services – strive to manage their risk to ensure their success.
With an actuarial studies qualification, you could be the expert companies (including banks, insurers and consulting firms) turn to when they need to understand risk and meet their customer needs. Study risk management to better understand business risk and its many aspects.
How are risk and actuarial studies used in the real world?
Actuarial studies focuses on risk modelling and management, particularly for insurers and superannuation funds. Actuarial graduates are employed by a variety of organisations in pricing and modelling risk.
Businesses rely on risk management experts to help them protect and create value for their stakeholders. It’s a challenging, yet very satisfying career.
What does risk and actuarial studies cover?
Are you interested in applying your mathematics and statistics skills in a rewarding business career? By undertaking actuarial studies, you’ll draw on your problem solving, reasoning and well-rounded business skills to manage risk.
- Models used to quantify and manage risks including financial and insurance risks
- Principles of pricing and risk assessment, used in insurance
- Products offered by insurance companies, benefit plans, and financial service companies
Actuarial studies at UNSW combine professional actuarial courses with a wide range of other relevant disciplines. In fact, you can choose from the widest mix of majors and combined degrees on offer at an Australian university.
Couple a course with:
- International business
- Business law
- Information systems
- Human resource management
- Mathematics and statistics
You can study risk and actuarial studies programs at undergraduate, Masters or PhD level. Our teaching program is founded on an excellent research culture, ensuring courses take account the latest developments in the field.
You’ll graduate with specialist skills to apply in a variety of insurance, superannuation, funds management, banking and consulting roles.
“We have a strong PhD program in the School with excellent students.” - Head of School Professor Michael Sherris
Why study risk and actuarial studies?
Actuarial studies is a challenging program with a rewarding career in business. It can take you into many diverse and flexible roles, from a fully qualified actuary to a consultant.