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The Actuarial program at UNSW is the most in-demand actuarial program in Australia, and is one of the most successful, innovative, and prestigious actuarial programs in the world. It is highly regarded and sits at the forefront of actuarial education, research, and engagement with industry. 

The reputation that UNSW has built is highly valued by employers of actuarial graduates. The actuarial studies program at UNSW has close links with major employers, especially through our School’s Industry Advisory Board, the Co-op Steering Committee, as well as major collaborative research projects linking UNSW and industry partners. 

What You’ll Study 

Study in the risk and actuarial field requires a sound knowledge of mathematics and statistics. Actuaries aim to evaluate the likelihood of future events and to evaluate the risks that insurers, superannuation funds, banks, businesses and individuals face.  

Since actuaries measure and analyse the financial impact of risk and uncertainty, the courses are based on developing an understanding of the application of mathematical models based on insurance and financial mathematics.  

As a broad-based business discipline, Actuarial Studies combines studies in the following areas:   

  • Mathematics  
  • Statistics  
  • Accounting  
  • Economics  
  • Finance  

Your Study Pathways

We offer undergraduate students a range of bachelor degrees in the fields of risk management and actuarial professions.  

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The Bachelor of Actuarial Studies (Honours) is a one-year advanced undergraduate degree for high-achieving students.  

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We offer a range of postgraduate degrees in the fields of actuarial studies and risk management to help you take your career to the next level.  

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The Doctor of Philosophy (PhD) will train you with the skills to identify, analyse and solve problems using original academic research in this field.  

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The UNSW School of Risk and Actuarial Studies provides various student resources to help enhance your learning experience and set you up for success. Whether you are interested in internships, scholarships, your class timetable or the wellbeing support UNSW offers, you will find all the relevant links and details below.


AGSM Programs

Co-op Scholarship  

The Actuarial Studies Co-op Scholarship is a four-year program with 15 months of industry training to help you prepare for your career. This scholarship is a joint initiative between UNSW and major employees in the Australian financial sector that targets high school leavers and offers an integrated sequence of academic study and industrial training.  

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Careers in Risk & Actuarial Studies  

Actuarial graduates from UNSW School of Risk and Actuarial Studies are in high demand from a wide range of employers in increasingly diverse areas. Most graduates gain employment with insurance companies and actuarial consulting firms that service these institutions. Many graduates also gain employment in banks and management consulting firms. Discover where a career in risk and actuarial studies can take you.  

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UNSW School of Risk and Actuarial Studies is home to leading researchers in a wide range of areas of insurance and actuarial science with a focus on modelling, measuring, and managing risks.

At UNSW Business School, we ensure you receive the best support for your education and for your social life at university. Explore our actuarial-specific student society, exciting internship opportunities, and our study support tools to make the most out of your student experience.