About risk & actuarial studies

Actuarial studies is a broadly based commerce discipline that involves the study of mathematics, statistics, accounting, economics and finance for application in life insurance, general insurance, health insurance, superannuation, funds management, banking and management consulting.

Actuarial studies is:

• A highly regarded commerce discipline 
• A career with very good job prospects and high financial rewards 
• An intellectually challenging program of study 
• An area of study which provides entry into the highly respected actuarial profession

Actuarial studies is a demanding but highly rewarding area of study that is the foundation for entry into many areas of the financial services industry, as well as the highly regarded actuarial profession.

At UNSW’s Australian School of Business you're able to study actuarial studies in conjunction with the widest range of majors and combined degrees of any other university in Australia.

Other disciplines that can be studied include accounting, finance, economics, international business, business law and taxation, information systems, marketing and industrial relations.
 

Actuarial studies is a broadly based commerce discipline that involves the study of mathematics, statistics, accounting, economics, finance and their application to financial management in life insurance, general insurance, health insurance, superannuation, funds management, banking and finance.

The actuarial subjects involve the study of models used to quantify and manage risks and the principles involved in pricing, risk assessment, investment, financial management and financial soundness of insurance companies, benefit plans, financial service companies and financial projects.

Students require a strong ability and interest in mathematics, statistics and their applications to business.

Success as a professional actuary also requires problem solving skills, reasoning, well-rounded business skills and an ability to communicate complex ideas in simple terms.

About risk management studies

The School offers a Masters of Risk Management from 2011. This is a new program that is intended to assist students towards careers as Chief Risk Officers. The program offers three streams of study:

• Quantative Risk Management
• Business Operations
• Policy and Compliance