Bachelor of Actuarial Studies / Science (Advanced Mathematics) (Honours)

About the course

This five-year double degree combines actuarial studies with advanced mathematics, building strong capability in probability, statistics, financial modelling and quantitative risk analysis. You’ll develop rigorous mathematical foundations alongside professional actuarial training, preparing you to analyse uncertainty in finance, insurance and superannuation contexts. The integrated Honours component adds depth in advanced topics and research-style learning within actuarial science at bachelor honours level.

Career outcome

Graduates can pursue pathways toward professional actuarial accreditation and quantitative careers across insurance, superannuation, banking and investment. Typical roles include actuarial analyst, risk or capital modelling analyst, pricing analyst, quantitative analyst and data/analytics specialist. The advanced mathematics focus also supports careers in statistical modelling and quantitative research roles, suited to employers needing high-level analytical and risk expertise from a bachelor honours actuarial science degree.

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)