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Overview

The Bachelor of Actuarial Studies / Bachelor of Commerce is a 4 year dual degree program which enables students to complete a depth of study from the actuarial studies program and the option to increase their business knowledge by choosing one or two majors offered in the Bachelor of Commerce … For more content click the Read More button below.

Stand Alone Programs

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

Double Degree Structure
192 Units of Credit:

Students must complete 192 UOC.

Bachelor of Actuarial Studies/Commerce degree normally consists of 192 UOC.

These UOC are made up of:

1. Level 1 Actuarial Studies Core Courses (54 UOC) (Commerce compulsory courses are completed within this requirement)
2. Flexible Core Course (6 UOC) (ACCT1511, ECON1102 and FINS1613 flexibles are already completed within the Level 1 Actuarial Studies Core Course requirement)
3. Level 2 Actuarial Core Courses (18 UOC) (ACTL2131 may be substituted by MATH2901 and MATH2931, please see below)
4. Level 3 Actuarial Studies Electives (18 UOC)
5. Commerce Major (42 UOC) (For the majority of majors, students will complete 42 UOC as 6 UOC will be completed under the core or flexible core courses, except for students completing Accounting or Real Estate Studies majors)
6. Business School Elective (42 UOC) (This will depend on the chosen Commerce major. Students have the option to complete an additional major/minor)
7. General Education (12 UOC)

  • 3155 - Actuarial Studies / Commerce
  • 3586 - Actuarial Studies
  • 3502 - Commerce

Alternative Actuarial Studies Majors
3586 - Actuarial Studies

Completion of a specialisation is optional. Students may choose a maximum of one specialisations below.

Optional Second Major/Minor
3586 - Actuarial Studies

Completion of an additional major is optional. Students may choose a maximum of one specialisations listed below.

Please note: Completion of an additional major within a combined Actuarial Studies degree may result in more UOC required for degree completion.

Business Majors
3502 - Commerce

Major Requirements: 48 UOC in an approved disciplinary stream containing at least 18 UOC at level 3. (Note that the 48 UOC includes the first disciplinary course(s) in the Core (Compulsory or Flexible). This means that, for the majority of majors, students will complete 42 UOC in specified disciplinary courses outside the core, (except for the Real Estate Studies major.)

Please Note:
-The Business Law major (TABLA1) is not available to students enrolled in 4733 Commerce/Law.
- Commerce/Education (secondary) 3462 students can only choose one major from:
(a) Business Economics
(b) Financial Economics
(c) Business Strategy and Economic Management

Level 2 Core Courses
3586 - Actuarial Studies

Students must take 18 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.

Business Core Courses
3502 - Commerce

Students must take 24 UOC of the following courses

ECON1203 is not required for:
- Commerce/Information systems students have the option to take ECON1203 or MATH1041
- Actuarial/Commerce student take MATH1151 and MATH1251 in place of ECON1203
- Commerce/Economics student ECON1203 is completed part of the Economics Major requirements.

Business Elective
3586 - Actuarial Studies

Students must take at least 36 UOC, up to a maximum of 48 UOC of the following courses.

Business School electives
3502 - Commerce

UOC remaining after completion of the Compulsory core, Flexible core and Major requirements for the following double degree should be taken from within the UNSW Business School to ensure minimum program requirements are met.
- Commerce/Information Systems 3584 (24-30UOC in UNSW Business School courses to ensure a student completes a minimum of 96UOC of Business courses within the Bachelor of Commerce. The exact number of courses to complete will depend on the major chosen.)
- Actuarial studies/Commerce 3155 (42-48UOC These courses must be taken from Actuarial Studies or from the UNSW Business School. These UOC can also be made up of additional Actuarial Studies or Business School courses, or as part of a minor or major approved for the Bachelor of Actuarial Studies or Bachelor of Commerce. Note that, for some majors, additional study of courses above the minimum stipulated for the dual degree program may be required.
- Commerce/Economics 3521 (to ensure a minimum of 84 UOC of Economics courses are completed for the Economics component and a minimum of 96 UOC of UNSW Business School courses are required for the Commerce component. GEN courses cannot count as Business School electives.

General Education
3586 - Actuarial Studies

Students must complete 6 UOC of General Education for the Actuarial component of the dual degree however must complete 12 UOC of General Education in the degree overall.

Please note: Students enrolled in programs within the UNSW Business School cannot take General Education courses offered by the UNSW Business School (i.e. GENC code). These restrictions also apply to the following courses:

GENL2021 An Introduction to the Australian Legal System
GENL2032 Cyberspace Law 2.0

General Education
3502 - Commerce

Students must take at least 6 UOC of the following courses.

Minimum Faculty UOC Requirement
3586 - Actuarial Studies

Students in the combined Actuarial Studies/Commerce and Actuarial Studies/Economics dual degrees must complete 180 UOC of Business School courses across the program.

Maximum Level 1 UOC
3502 - Commerce

Students may complete up to a maximum of 72 UOC of the following courses in the overall double degree, excluding Level 1 courses completed as part of the General Education requirement in double degree.

Minimum Faculty UOC
3502 - Commerce

Students must complete a minimum of 96 UOC of the following courses.

Major Requirements

For any majors that require ECON1202, MATH1151 will act as substitute of ECON1202, hence students will need to complete the remaining major courses to meet the major requirements. Note that, for some majors, additional study of courses above the minimum stipulated for the dual degree program may be required.

General Education Requirements: Dual Awards
3586 - Actuarial Studies

3155 Actuarial Studies/Commerce - 12 UOC of common core courses have been considered double counted for the purpose of allowing for 12 UOC of General Education within the 192 UOC of the dual award.3588 Actuarial Studies/Economics - 6 UOC of free electives from the Bachelor of Actuarial Studies and 6 … For more content click the Read More button below.

Level 2 and 3 Maturity Requirements
3586 - Actuarial Studies

Students must have completed 24 UOC before taking any Level 2 courses.
Students must have completed 48 UOC before taking any Level 3 courses.

Maximum Level 1 UOC
3586 - Actuarial Studies

Students may complete up to a maximum of 72 UOC of Level 1 courses in the overall double degree, excluding Level 1 completed as part of the General Education requirement in the double degree.

LEVEL 2 AND 3 MATURITY REQUIREMENTS
3502 - Commerce

Student must have completed 24 UOC before taking any level 2 courses.
Student must have completed 48 UOC before taking any level 3 courses.

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)