Handbook

Overview

Actuarial Studies is concerned about more than just mathematics and numbers. It combines study in mathematics, economics, insurance, finance, statistics and programming. This double degree will allow interested students to complement their Actuarial Studies with business analytics. The analytics skill set is one of the core sub-disciplines of the actuarial … For more content click the Read More button below.

The analytics skill set is one of the core sub-disciplines of the actuarial profession. The data analytics space is a rapidly evolving area with broad reaching applications. The advent of big data has led to an explosion in captured data, analytics approaches and businesses harnessing this data to create new industries or reinvent the way existing industries operate. Pursuing a joint program in Information Systems allows students to build up their business analytics skills. This will assist students to use modelling and data analysis techniques on large data sets to discover predictive patterns and relationships for business use. Solid skills in programming will also assist students during their actuarial career and actuarial employers report an unmet demand for candidates who have proficient business analytics skills.

Stand Alone Programs

Click on the link below to find out more about each individual program.

Double Degree Structure

Students must complete 192 UOC.

In this double degree 96 UOC is required for the Bachelor of Actuarial Studies, and 120 UOC is required for the Bachelor of Information Systems for a total of 216 UOC. However, some first year Business courses required for both degrees overlap, and therefore the total minimum UOC required for the double degree is reduced by 24 UOC to 192 UOC.

Bachelor of Actuarial Studies (96 UOC)

Level 1 Core Courses* (48 UOC)
Level 2 Core Courses (24 UOC)
Level 3 Core Course (6 UOC)
Level 3 Actuarial Electives (18 UOC)

Bachelor of Information Systems (120 UOC)

Business Core Courses (30 UOC) (Students are not required to complete COMM1100, COMM1110 and COMM1190 as the content is covered by the Economics and Mathematics courses taken in the first year of the Actuarial Studies program. Also COMM1140 and COMM1180 are completed as part of the Actuarial Studies program and also count towards meeting this rule*. Students therefore are not required to enrol in any additional Business Core Courses listed in the rule below to meet this requirement).
Information Systems Core Courses (72 UOC).
Information Systems Electives (12 UOC) - see note below.
Work Integrated Learning (6 UOC)

NOTE: special substitution arrangements exist depending on your choice of electives as follows:-

If you select INFS3603 Introduction to Business Analytics you do not have to take COMM2501 Data Visualisation and Communication in the Actuarial Studies program. INFS3603 will be counted towards the requirement for COMM2501.
If you wish to take INFS3873 Business Analytics Methods, completion of ACTL3142 Statistical Machine Learning for Risk and Actuarial Applications as an elective in the Actuarial studies program can be counted as a substitute for INFS3873 and will satisfy this as an elective in the Information Systems program.

Electives

Due to course sharing across the Actuarial Studies and Information Systems components, students will meet the disciplinary component requirements of the two awards in less than 192 UOC. Once the requirements for the Actuarial Studies and Information Systems programs have been met, students need to take free electives (including Business School electives) to ensure a total of 192 UOC is completed for the Double-Degree.

Disciplinary Component - 3586 Actuarial Studies96 Units of Credit:

Students must complete 96 UOC of the following to satisfy the core requirements of this degree

Level 1 Core Courses48 Units of Credit:

Students must take 48 UOC of the following courses.

Level 2 Core Courses24 Units of Credit:

Students must take 24 UOC of the following courses.

Students may replace ACTL2131 with the two courses MATH2901 Higher Theory of Statistics and MATH2931 Higher Linear Models. If students make this replacement, MATH2901 will count towards ACTL2131, and MATH2931 will be counted towards a major where this course is required or as a Business elective.

Level 3 Core Courses6 Units of Credit:

Level 3 Actuarial Electives18 Units of Credit:

Students must complete 18 UOC of the following courses.

Optional Specialisations

Students may choose to complete an optional Actuarial Studies major or Business major / minor using the elective space in their program.

Actuarial Studies Majors

Students may elect to complete one of the following majors in addition to their Actuarial Studies program requirements.

Students completing these majors will still need to complete the program requirements such as Level 1 and 2 core course as well as Level 3 electives.

These majors will require UOC to be taken from the Business Electives, Free elective and/or General Education courses depending on a students program rules and courses completed. It may also require completion of additional UOC above the minimum required for a student's program. Please see the Progression Plans and consult the Business School Student Centre if you are interested in completing either of these majors.

Other Majors / Minors

Students may elect to complete a maximum of one major/minor listed below in addition to their Actuarial Studies program requirements.

Notes for Single-Degree students: Completion of one of the following non-Actuarial Studies Majors within the single Actuarial Studies degree may result in more UOC required for degree completion.

Notes for Double-Degree students: Completion of an additional major/minor within the combined Actuarial Studies degree may result in more UOC required for degree completion.

Completion of an Actuarial Studies and Business Optional Specialisation

Disciplinary Component - 3979 Information Systems120 Units of Credit:

Students must complete 120 UOC of the following to satisfy the core requirements of this degree

Exemption from Business Core Courses

Students are not required to complete COMM1100, COMM1110 and COMM1190 listed below as the content is covered by the Economics and Mathematics courses taken in the first year of the Actuarial Studies program. Also COMM1140 and COMM1180 are completed as part of the Actuarial Studies program and also count towards meeting this rule. Students therefore are not required to enrol in any additional Business Core Courses listed in the rule below to meet this requirement.

Business Core Courses30 Units of Credit:

Students must take 30 UOC of the following courses.

Integrated First Year Courses18 Units of Credit:

One of the following:6 Units of Credit:

Information Systems Core Courses72 Units of Credit:

Students must take 72 UOC of the following courses.

Prescribed Information Systems Electives12 Units of Credit:

Choose any two IS Electives from the following courses.

IS Data Analytics Electives

IS Organisational Electives

IS Cybersecurity Management Electives

Work Integrated Learning (WIL)6 Units of Credit:

As part of the Bachelor of Information Systems degree, students must complete a 6 UOC Work Integrated Learning (WIL) course, chosen from the below courses within their program, to satisfy the minimum of 150 hours of professional work that is a requirement of the degree. The same 150 hour minimum professional work requirement applies to the Bachelor of Commerce/Information Systems double degree. Students can satisfy the requirement in either the commerce or information system component of the double degree. For the avoidance of doubt, students are NOT required to satisfy the requirement in both components of the double degree.

SAS Certification and SAS Academic Digital Badge Requirements

Students who complete any four of the following five courses at UNSW will be eligible for an SAS Certificate in Business Analytics (awarded jointly by UNSW and SAS) and an SAS Academic Digital Badge. Please note that for any of the listed Business Analytics courses, being awarded Recognition of Prior Learning (RPL) will not count as part of the four required courses for the SAS Certificate and Digital Badge.

· INFS2608 Database Management & Big Data Infrastructures (6 UOC)
· INFS3603 Introduction to Business Analytics (6 UOC)
· INFS3822 Artificial Intelligence for Business Analytics (6 UOC)
· INFS3830 Social Media Analytics (6 UOC)
· INFS3873 Business Analytics Methods (6 UOC)

Students enrolled in the COMPD1 Computer Science (Database Systems) major who choose to replace INFS2608 with COMP9313 AND COMP9315 should complete INFS3603, INFS3822, INFS3830 and INFS3873 to meet the SAS Certification requirement.

For more information about certification and digital badges, please see the Additional Information section below.

Electives

Program Constraints

Limit Rule

Maturity Rule

Enrolment Disclaimer

Please read the Double Degree Program rules as some specific rules apply to particular Double Degree combinations.

You are responsible for ensuring you enrol in courses according to your program requirements and advice from your Program Authority. myUNSW enrolment checks that you have met enrolment requirements such as pre-requisites for individual courses but not that you are enrolling in courses that will count towards your program.

Additional Information

Please note that these requirements may be subject to change. Students should always follow the program requirements according to the year they started their degree. For more information please visit previous UNSW online handbooks

Contact The Nucleus: Student Hub for advice.
Tel: + 61 2 9385 8500
Location: The Nucleus: Student Hub, Level 2, in the Main Library (UNSW map location F21)

Click here to view the Progression Plan for your program

Program Fees

At UNSW fees are generally charged at course level and therefore dependent upon individual enrolment and other factors such as student's residency status. For generic information on fees and additional expenses of UNSW programs, click on one of the following:

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

Faculty
Faculty: The primary academic unit in which related disciplines of teaching and research are conducted.

Managing Faculty

Campus

Sydney

Study Level
Study Level refers to the academic level of a program, specialisation or course.

Undergraduate

Typical duration:

4 Year(s)

Intake Period

Term 1, Term 2, Term 3

Academic Calendar

Minimum Units of Credit

192

Award Type(s)

Bachelor

Award(s)
Award(s): Qualification upon completion (all awards offered by UNSW are accredited by UNSW and align with the Australian Qualifications Framework).

Bachelor of Actuarial Studies - BActSt
Bachelor of Information Systems - BIS

UAC Code

424350

CRICOS Code

0101081

Actuarial Studies / Information Systems

3671

192 Units of Credit