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University of New South Wales (UNSW)

  • 34% international / 66% domestic

Bachelor of Actuarial Studies / Commerce

  • Bachelor

Do you like using maths to solve problems? Do you have a highly analytical mind? This double degree builds essential business knowledge in fields like finance or business analytics, combined with skilled mathematical analysis using statistics for excellent decision making.

Key details

Degree Type
Bachelor
Duration
4 - 4 years full-time
Study Mode
In person
Domestic Fees
$13,000 per year / $225,000 total

About this course

Overview

Do you like using maths to solve problems? Do you have a highly analytical mind? This double degree builds essential business knowledge in fields like finance or business analytics, combined with skilled mathematical analysis using statistics for excellent decision making. Graduate career-ready with professional experiences built into your studies. You can make big changes in the world with a career in business.

Key features
  • Two degrees in only four years

  • Gain professional accreditation as an actuary

  • Build a strong foundation in up to two business fields

  • Work experience opportunities embedded in the degree

  • Industry networking opportunities embedded in the degree

  • International work/study opportunities are also available

Why study this degree at UNSW?

UNSW Business School is ranked Australia's #1 Business School*. That means our business education leads the way in career impact, quality and reputation.

Our School of Risk and Actuarial Studies is ranked 1st Worldwide for Actuarial Studies Research**, meaning you will learn from leaders in the Actuarial Studies field. You will be trained to identify opportunities and adapt to challenges, in preparation for careers that may not even exist yet.

Get work experience with Career Accelerator, a portfolio of professional development opportunities that are exclusive to UNSW Business School students and embedded within our degrees. You'll be able to build a professional network among more than 90,000 Business School alumni worldwide and begin your new career before graduation.

* QS Rankings by Subject 2024
** UNL Global Research Rankings of Actuarial Science 2023

Program Code
3155
CRICOS Code
080469M
Campus
Kensington
UAC Code
424350
Total Units of Credit (UOC)
192
Indicative Enrolments
695
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Entry requirements

Entry requirements

The degree's admission requirements are based on your Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following:

  • Australian interstate Year 12 qualifications (e.g., OP rank)

  • New Zealand NCEA Level 3

  • Equivalent overseas qualifications e.g., International Baccalaureate (IB) Diploma, GCE A-Levels

  • Post-secondary or tertiary qualifications

  • An alternative entry qualification

2023 Lowest Selection Rank 1
98
2023 A levels 2
21
2023 IB Diploma 3
41
2023 Lowest ATAR 4
90.8
    1. The 2023 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2023.
    2. The 2023 A levels score is based on four Advanced Level (A2) subject. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.
    3. The 2023 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2023. It is to be used as a guide only.
    4. The 2023 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.
  • At UNSW, we are committed to ensuring prospective students have all the information they need in order to make informed decisions about their study options.

    To assist you in gaining a better understanding of how Admissions works at UNSW, we have provided you with a summary of ATAR offers and the student profile.

    We hope this information will help you identify the degree that is right for you.

    See more
Assumed knowledge

Mathematics Extension 1

Adjustment Factors


We offer a range of adjustment factor schemes that reward students for academic performance and extra-curricular achievements. These schemes also take into account a range of personal and educational disadvantages that may have affected your studies.

HSC Plus
This scheme rewards students who perform well in Year 12 subjects that are relevant to their preferred UNSW degree. You may be awarded up to five points.

Elite Athletes, Performers and Leaders (EAPL)
This program recognises achievements in the areas of sport, academia, leadership and music at an elite level. You may be eligible for up to five points.

Educational Access Scheme (EAS)
Factors such as illness, financial hardship, language difficulties or attending a particular school can mean you don't always get the best possible marks in Years 11 and 12. If one of these situations applies to you, submit an application for the Educational Access Scheme (EAS) via UAC. Eligible students can receive between 1 and 10 points towards their chosen UNSW degree.

Admission pathways


Your ATAR is not the only measure of your potential to succeed, which is why we offer a range of pathways into university. Explore your options below and get in touch with our future student advisors to discuss your path to UNSW.

Gateway Admission Pathway
This scheme is open to students in Years 11 and 12 who attend Gateway schools. It significantly adjusts the ATAR requirements for your preferred UNSW degree and provides you with an early conditional offer to UNSW.

Entry programs for Australian Aboriginal and Torres Strait Islander people
We offer entry programs for Indigenous Australians, including the Indigenous Preparatory Programs and the Indigenous Admission Scheme (IAS). The entry pathway program you apply for will depend on the degree you want to study.

English language requirements

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you're completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

  • English language tests and university English courses
  • Prior study in the medium of English
  • Other qualifications

If you need to improve your English skills before you start your degree, UNSW College's Academic English Programs are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

International direct entry
I studied in:
Qualifications Direct entry requirement
International ATAR
93
UNSW Foundation Studies GPA
8.5
Great Britain General Certificate of Education (GCE A levels)
15

All applicants must present a minimum of two Advanced Level (A2) subjects. Entry Scores are calculated from the best two, three, or four A2 Level subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2 and E=1.

International Baccalaureate Diploma (IB)
36

Results based on scores required for entry into UNSW in 2019 and are only applicable if the Diploma has been completed. Students currently attempting the IB can apply directly to UNSW or through the Universities Admissions Centre (UAC). For more details, visit www.uac.edu.au

Scholastic Aptitude Test (SAT) (after 2016)
1310

Scholastic Aptitude Test (SAT) based on the total of evidence-based reading and writing and mathematical test scores. Must be provided in conjunction with evidence of successful completion of senior secondary studies.

We do not accept secondary qualifications from this country. We may accept tertiary study results, please contact us for more information.

Please contact us for direct entry requirements.

Admission pathways


If you do not meet the requirements for direct entry into your chosen degree, you may be eligible for a pathway program with UNSW College. UNSW College provides alternative entry options using university-approved content so that you can start your UNSW journey with confidence.

English language requirements


You may be asked to provide evidence of your English proficiency to study at UNSW depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you'll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

  • English language tests and university English courses
  • Prior study in the medium of English
  • Other qualifications

If you need to improve your English skills before you start your degree, UNSW College's Academic English Programs are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

Check the specific English language requirements for this program
Select from the options below *
Which applies to you? *

Study locations

Kensington

Career pathways

Future careers

The combination of business knowledge and actuarial analysis skills is highly sought-after and opens up many interesting career opportunities related to superannuation, risk management, financial services. Find yourself in analytical roles in any industry, including government, non-government organisations, start-ups and private enterprise. UNSW Business School's Career Accelerator provides work experiences and professional development opportunities to help get you started.

Potential careers
  • Accountant/Auditor
  • Actuarial Analyst
  • Asset Management Trainee
  • Business Analyst
  • Business Consultant
  • Credit Analyst
  • Cyber Security Analyst
  • Customer Experience Officer
  • Data Analyst
  • Digital Innovation Officer
  • Economist
  • Financial Adviser
  • Human Resource Consultant
  • Insurance Analyst
  • Investment Banker
  • Marketing/Brand Manager
  • Risk Assessment Officer
  • Superannuation Adviser
  • Strategist
  • Tax Adviser
  • Wealth Management Analyst
Honours

Take your Actuarial Studies knowledge to the next level with an additional one-year Honours degree, where you'll gain advanced knowledge and research skills in your chosen area of business. You'll have the opportunity to be mentored by top-tier researchers and work on industry relevant projects while undertaking a significant research thesis. Graduate with advanced knowledge, analytical, problem-solving and research skills that are highly sought after in business and government. Learn more about Actuarial Studies Honours.

Accreditation

The Bachelor of Actuarial Studies provides a strong foundation for becoming an actuary or working within a related field. You can earn exemptions from the Actuaries Institute's Foundation Program in Australia or VEE credit from the Society of Actuaries (USA).

The Bachelor of Commerce can give you professional recognition and accreditation in industry governing bodies, including the Australian Human Resources Institute, Australian Securities and Investment Commission, CPA Australia, Chartered Accountants Australia and New Zealand, ACCA, Financial Adviser Standards and Ethics Authority (FASEA) and Institute of Public Accountants.