Actuarial Science

About the course

This Bachelor Degree / Honours Degree course is designed to equip students with a range of knowledge and skills in subject areas such as insurance, superannuation, business and financial services, scientific and social research and engineering. It will provide flexible pathways to employment, professional or postgraduate research programs.

What you might learn

As part of this course, you will undertake core and elective subjects such as econometrics, statistics, business modeling, risk management and decision making. Graduates of this course should be able to find employment within the industry or have built a solid foundation towards obtaining a Masters degree.

Career outcome

Upon graduating from this program, you may be employed in roles such as actuary, claims investigator, insurance analyst, marketing actuary, risk analyst, underwriter, and etc. in companies including Willis Towers Watson, Towers Watson, Mercer LLC, Medibank, Anthem, and etc.

Living Costs in Melbourne**

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

Average Salary***

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*Source: Times Higher Education World University Rankings (2022)

**Source: numbeo.com

***Source: payscale.com