Overview
Stand Alone Programs
Double Degree Structure192 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 Majors3586 - Actuarial Studies
Completion of a specialisation is optional. Students may choose a maximum of one specialisations below.
Optional Second Major/Minor3586 - 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 Majors3502 - 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
Minors3502 - Commerce
Students must complete at least 24 and no more than 30 of the specialisations below.
Level 1 Core Courses3586 - Actuarial Studies
Students must take 54 UOC of the following courses.
Level 2 Core Courses3586 - 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 Courses3502 - 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.
Level 3 Actuarial Electives3586 - Actuarial Studies
Students must complete 18 UOC of the following courses.
Flexible Core Courses3502 - Commerce
Students must take at least 24 UOC of the following courses.
Business Elective3586 - Actuarial Studies
Students must take at least 36 UOC, up to a maximum of 48 UOC of the following courses.
Business School electives3502 - 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 Education3586 - 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 Education3502 - Commerce
Students must take at least 6 UOC of the following courses.
Minimum Faculty UOC Requirement3586 - 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 UOC3502 - 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 UOC3502 - Commerce
Students must complete a minimum of 96 UOC of the following courses.
Major Requirements
General Education Requirements: Dual Awards3586 - Actuarial Studies
Level 2 and 3 Maturity Requirements3586 - 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 UOC3586 - Actuarial Studies
LEVEL 2 AND 3 MATURITY REQUIREMENTS3502 - 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: