Handbook - Actuarial Studies / Economics

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Overview

The Bachelor of Actuarial Studies / Economics program enables students to complete a depth of study from the actuarial studies program offered by the School of Risk & Actuarial Studies and the economics program offered by the School of Economics in the UNSW Business School.

Stand Alone Programs

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

Double Degree Structure

Students must complete 192 UOC.

These UOC are made up of:

Actuarial Studies (96 UOC)

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

Economics (90 UOC)

Introductory Business Course (6 UOC) (Students are exempt from this rule as it is satisfied by the Level 1 Core Courses taken in the Actuarial Studies program.*)
ECON1401 (6 UOC)
Economics Major (60 UOC) (Students will complete ECON1101 & ECON1102 as part of the Actuarial Studies Level 1 Core Courses. Also ECON1202 and ECON1203 are satisfied by MATH1151 and MATH1251 and therefore students do not have to take these courses where listed in their major.)
Economics Electives (12 UOC)
Business Electives (12 UOC)

Electives

Where students complete the requirements of the Actuarial Studies and Economics components in less than 192 UOC due to courses shared across the rules, students must take electives to ensure a total of 192 UOC is completed. Students may use the electives in the Double-Degree to complete an optional major or minor as per the rules below.

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 Courses18 Units of Credit:

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.

Level 3 Actuarial Electives24 Units of Credit:

Students must complete 24 UOC of the following courses.

Business Elective

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 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.

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.

Business Majors / Minors

Students may choose a maximum of one major/minor listed below.

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 - 3543 Economics96 Units of Credit:

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

Actuarial Studies First Year Courses Satisfy Economics Introductory Business Course Requirement

Introductory Business Course6 Units of Credit:

Economics Core Course6 Units of Credit:

Economics Majors

Economics Electives12 Units of Credit:

UNSW Business Electives12 Units of Credit:

3588 - Economics Major Requirements

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

Note that, for some majors, additional study of courses above the minimum stipulated for the dual degree program may be required

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 Economics - BEc

UAC Code

424350

CRICOS Code

077867A