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Overview

The Bachelor of Actuarial Studies/Bachelor of Science (Advanced Mathematics)(Honours) (BCom/BSc (Adv Maths)(Hons) is a 5 year dual degree program which will meet the needs of students wanting an advanced program of study in mathematics or statistics, complemented with a strong, focused actuarial studies program. As part of this program students … For more content click the Read More button below. The Advanced Mathematics(Honours) component includes a single major and a research project, as well as the award of class of honours based on performance on the honours year. Majors are defined on the Advanced Mathematics (Honours) Program (3956) page.

Stand Alone Programs

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

Double Degree Structure
240 Units of Credit:

Students must complete 240 UOC.

Bachelor of Actuarial Studies/Advanced Mathematics (Hons) degree normally consists of 192 UOC.

These UOC are made up of:

Actuarial Studies component (96 UOC)
1. Level 1 Actuarial Studies Core Courses (42 UOC) (Please note: MATH1151 and MATH1251 are completed under the Advanced Mathematics component of the Double Degree)
2. Level 2 Actuarial Studies Core Courses (18 UOC) (Please note: ACTL2131 may be substituted by MATH2901 and MATH2931, please see below)
3. Level 3 Actuarial Studies Electives (18 UOC)
4. Business School Elective (18 UOC)

Bachelor of Advanced Mathematics (Honours) (144 UOC)
1. An approved Advanced Mathematics (Honours) major and
2. SCIF1131;
3. 48 units of credit Honours Year; and
4. Science elective courses

  • 3589 - Actuarial Studies / Advanced Mathematics (Honours)
  • 3586 - Actuarial Studies
  • 3956 - Advanced Mathematics (Honours)

Actuarial Studies Majors
3586 - Actuarial Studies

Students may elect to complete ACTLE1 or MATHE1 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. Students cannot declare an additional Business major/minor as well.

These majors will require UOC to be taken from the Business School elective course requirement and an additional 12-18 UOC is to be completed on top of the 96 UOC for the Actuarial component to complete these majors. Please see the Progression Plans and consult the Business School Student Centre if you are interested in completing either of these majors.

Major Specialisation Requirements
3956 - Advanced Mathematics (Honours)

Students must complete at least one of the specialisations below.

Honours Specialisation Requirements
3956 - Advanced Mathematics (Honours)

Students must complete at least one of the specialisations below.

Level 1 Core Courses
3586 - Actuarial Studies

Students must take 54 UOC of the following courses.

Please note: For students completing Actuarial Studies/Computer Science, Actuarial Studies/Science or Actuarial Studies/Advanced Maths (Hons).
MATH1151 & MATH1251 are compulsory core courses that count towards the other degree component. Therefore, students must complete and additional 12 UOC of UNSW Business School electives to satisfy the 96 UOC depth component.

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.

Please note: If you are studying Actuarial Studies/Science or Actuarial Studies/Advanced Maths (Hons), and wish to count MATH2901 and MATH2931 toward Science or Advance Maths (Hons) degree, you must complete more Business elective courses to achieve meet the minimum Business School Course requirement.

Level 1 Core Course
3956 - Advanced Mathematics (Honours)

Students must take the following course.

Business School Elective
3586 - Actuarial Studies

Students must complete additional Business School electives to meet the 96 UOC of Business courses required for the Actuarial Studies component of the degree.

Please note: For students in Actuarial Studies/Law only 6 UOC of Business School electives are required. For students in Actuarial Studies/Computer Science, Actuarial Studies/Science or Actuarial Studies/Adv Math (Hons), 18 UOC of Business School electives are required.

Level 2 Maturity Requirements
3956 - Advanced Mathematics (Honours)

Students may commence Level 2 courses upon successful completion of 30 UOC of Level 1 courses.

Level 3 Maturity Requirements
3956 - Advanced Mathematics (Honours)

Students may commence Level 3 courses upon successful completion of 72 UOC.

Minimum Faculty UOC
3586 - Actuarial Studies

Students must complete a minimum of 96 UOC of UNSW Business School courses.

Maximum Level 1 UOC
3586 - Actuarial Studies

No more than 60 UOC of Level 1 Business courses will be counted towards the degree.

Maximum Level 1 UOC
3956 - Advanced Mathematics (Honours)

A maximum of 72 UOC of Level 1 courses can be taken, including any General Education or mainstream Level 1 course taken to fulfil either the General Education or the Free Elective requirement.

Minimum Level 1 Science Courses
3956 - Advanced Mathematics (Honours)

Students must complete a minimum of 24 UOC of the following courses.

Minimum Level 3 Science Courses
3956 - Advanced Mathematics (Honours)

Students must complete a minimum of 30 UOC of the following courses.

Requirements for Double Degree Actuarial Studies/Law
3586 - Actuarial Studies

Law students are permitted to complete any TABL course offered in the Taxation major, with the exception of TABL1710 and TABL2741, as part of the Actuarial Studies component of their program but are NOT permitted to complete any other TABL course.

Mathematics Requirements for Double Degree
3586 - Actuarial Studies

1. MATH1151 Mathematics for Actuarial Studies and Finance 1A (6 UOC) replaces MATH1141 Higher Mathematics 1A (6 UOC) 2. MATH1251 Mathematics for Actuarial Studies and Finance 1B (6 UOC) replaces MATH1241 Higher Mathematics 1B This applies to any stream that requires either of these courses.3. If MATH1041 Statistics for Life … 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.

Major Declaration
3956 - Advanced Mathematics (Honours)

Students must complete exactly one approved Bachelor of Science (Advanced Mathematics) (Honours) major, and this must be declared before enrolling in Level III courses. Students cannot undertake a double major in this 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)