Handbook - Actuarial Studies / Advanced Mathematics (Honours)

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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 will complete a major stream in both a selected area of mathematics or statistics (from UNSW Science), and a sequence of actuarial studies courses within the UNSW Business School.

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

Students must complete 240 UOC.

These UOC are made up of:

Actuarial Studies component (96 UOC)
1. Level 1 Actuarial Studies Core Courses (48 UOC) (Please note: MATH1151 and MATH1251 are completed under the Advanced Mathematics component of the Double Degree)
2. Level 2 Actuarial Studies Core Courses (24 UOC) (Please note: ACTL2131 may be substituted by MATH2901 and MATH2931, please see below)
3. Level 3 Actuarial Studies Core Course (6 UOC)
4. Level 3 Actuarial Studies Electives (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

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 ACTLE1,COMPZ1 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.

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.

Note for students choosing to complete an Actuarial Studies major

Disciplinary Component - 3956 Advanced Mathematics (Honours)144 Units of Credit:

Students must complete 144 UOC of the following to satisfy the core requirements of this degree

Level 1 Core Course6 Units of Credit:

Major Specialisation Requirements

Honours Specialisation Requirements

Science Electives

Students must take 'science' courses so that the major plus SCIF1131, plus Honours year plus 'science' courses total 144 units of credit.

Maximum Level 1 UOC

Minimum Level 1 Science Courses

Minimum Level 3 Science Courses

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

any level 3 course offered by Faculty of Science
any level 3 Anatomy (ANAT) course
any level 3 Neuroscience (NEUR) course
any level 3 Pathology (PATH) course
any level 3 Pharmacology (PHAR) course
any level 3 Physiology (PHSL) course
any level 3 Food Technology (FOOD) course
any level 3 Computer Science (COMP) course
any level 3 Medical Science (SOMS) course

3589 Actuarial Studies / Advanced Mathematics (Hons) specific information

MATH1151 & MATH1251 are compulsory core courses that count towards the Bachelor of Science (Advanced Mathematics)(Honours). Students must complete an additional 12 UOC of UNSW Business School electives to complete the requirement for 96 UOC of Business School courses.

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.

If you wish to count MATH2901 and MATH2931 toward the Advanced Mathematics (Hons) degree, you must complete more Business elective courses to achieve meet the minimum Business School Course requirement.

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.

Sample Programs

To access sample program(s), please visit:

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:

5 Year(s)

Intake Period

Term 1, Term 2, Term 3

Academic Calendar

Minimum Units of Credit

240

Award Type(s)

Bachelor
Bachelor (Honours) (Embedded)

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 Science (Advanced Mathematics) (Honours) - BSc(AdvMath)(Hons)

UAC Code

424350

CRICOS Code

088858M