|Guaranteed ATAR||92 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.|
|Study method||Full-time or part-time|
|Intake||February or July|
|Duration||3 years full-time|
Actuaries analyse mathematical, statistical, demographic, financial and economic data in order to predict and assess the effects of long-term risks involved in financial decisions and planning. They find strategies for minimising the impact of undesirable events on business and industrial organisations.
Actuaries are often tasked with solving business problems. For example, they may analyse future financial events, especially when the amount or timing of a payment is uncertain. Actuaries may also assess when and where devastating storms may hit to help predict risks, and their associated costs, for investments or insurance.
In this course, you will develop the mathematical and statistical techniques relevant to model industrial and commercial processes against a financial and economic background. You will also learn to identify the risk factors and determine the price and cost of those risks.
In your third year you will choose to specialise in actuarial science or actuarial and applied statistics. To be eligible for entry to the actuarial science major, there is a minimum course-weighted average mark that you must have achieved.
This course can help you become a:
High achieving students may complete an additional honours year enabling them to undertake their own significant research project.