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Bachelor of Actuarial Science

Bachelor Degree / Honours Degree.
Monash University

58

in world overall ranking*

6

in local overall ranking*
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About the course

Actuarial science will prepare you for a career as an actuary. To provide professional actuarial advice in Australia, and in most other developed countries, you must become a fellow of the local actuarial profession. This involves developing basic technical skills, learning how to apply these skills in a general setting, developing deep specialist knowledge and completing a professional course following several years' relevant work experience. The programme introduces accounting standards, taxation basics, and financial reporting for professional accreditation pathways.

Career outcome

These course outcomes are aligned with the Australian Qualifications Framework level 7 and Monash Graduate Attributes.Upon successful completion of this course it is expected that students will be able to:1. be critical and creative scholars who produce: innovative solutions to problemsapply research skills to business challengescommunicate effectively and perceptively 2. be responsible and effective global citizens who: engage in an internationalised worldexhibit cross cultural competencedemonstrate ethical values 3.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon Tuition fees per year

Contact us for more details

Information

tick icon Duration

3 years

campus icon Campuses

Clayton

tick icon Course Code

B2033

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconINFORMATION TECHNOLOGY INDUSTRY-BASED LEARNING PLACEMENT SCHOLARSHIPS

A$18,000

tick iconPHARMACY INTERNATIONAL UNDERGRADUATE MERIT SCHOLARSHIP

Up to A$100,000

tick iconMONASH INTERNATIONAL SCHOLARSHIP FOR EXCELLENCE

Up to A$40,000

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