Bachelor of Actuarial Studies

About the course

Macquarie’s Bachelor of Actuarial Studies is designed to build strong quantitative, analytical and business foundations for modelling risk and uncertainty. You’ll study actuarial, economics, finance, mathematics and statistics units and apply theory through practical, industry-relevant learning. The degree is taught within Macquarie Business School and is aimed at preparing you for professional actuarial pathways and global recognition in actuarial practice at bachelor level.

Career outcome

Graduates are prepared for roles that analyse and manage financial risk using advanced modelling and data-driven decision-making. Career paths commonly include actuarial analyst, risk and capital analyst, pricing analyst, consulting analyst, superannuation/pensions analyst and roles in insurance, banking and investment. With skills spanning finance, statistics and actuarial modelling, this bachelor-level actuarial degree supports entry into actuarial and broader quantitative risk careers. Preparing graduates for accounting, audit assistant, banking, and financial services entry roles.

Living Costs in Sydney**

Restaurant (Meal, Inexpensive Restaurant) A$ 17 - 22	Rent per Month (1 bedroom in City Centre) A$ 2,207 - 2,918	Rent per Month (1 bedroom Outside of Centre) A$ 1,599 - 2,115
Transportation (Daily) A$ 9 - 10	Utilities per Month (Electricity, Mobile & Internet) A$ 219 - 290

Average Salary***

*Source: QS World University Subjects Rankings (2026)

**Source: numbeo.com

***Source: PayScale.com (2026)