Develop in-demand analytical math skills and business knowledge in accounting, finance, information systems and more. Graduate career-ready with two accredited degrees that are highly regarded by industry.

 

Faculty
UNSW Business School
Delivery Mode
On campus
Award
Bachelor of Commerce, Bachelor of Actuarial Studies
Commencing Terms
Term 1, Term 2, Term 3
Duration (Full Time)
4 Year(s)

Do you like using maths to solve problems? Do you have a highly analytical mind? This double degree builds essential business knowledge in fields like finance or business analytics, combined with skilled mathematical analysis using statistics for excellent decision making. Graduate career-ready with professional experiences built into your studies. You can make big changes in the world with a career in business.

Key features

  • Two degrees in only four years

  • Gain professional accreditation as an actuary 

  • Build a strong foundation in up to two business fields

  • Work experience opportunities embedded in the degree

  • Industry networking opportunities embedded in the degree

  • International work/study opportunities are also available

Why study this degree at UNSW?

UNSW Business School's School of Risk and Actuarial Studies is ranked 1st Worldwide for Actuarial Studies Research, meaning you will learn from leaders in the Actuarial Studies field. You will be trained to identify opportunities and adapt to challenges, in preparation for careers that may not even exist yet. 

Get work experience with Career Accelerator, a portfolio of professional development opportunities that are exclusive to UNSW Business School students and embedded within our degrees. You’ll be able to build a professional network among more than 90,000 Business School alumni worldwide and begin your new career before graduation.

 

Program Code
3155
CRICOS Code
080469M
Campus
Kensington
UAC Code
424350
Total Units of Credit (UOC)
192
Indicative Enrolments
695

Want to see more from UNSW Business School?

The degree’s admission requirements are based on your Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following: 

  • Australian interstate Year 12 qualifications (e.g., OP rank)

  • New Zealand NCEA Level 3

  • Equivalent overseas qualifications e.g., International Baccalaureate (IB) Diploma, GCE A-Levels

  • Post-secondary or tertiary qualifications

  • An alternative entry qualification

2021 Lowest Selection Rank
95
2021 A levels
18
2021 IB Diploma
37
2021 Lowest ATAR
88
    1. 2021 Lowest Selection Rank
      The 2021 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2021.
    2. 2021 A levels
      The 2021 A levels score is based on four Advanced Level (A2) subject. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.
    3. 2021 IB Diploma
      The 2021 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2021. It is to be used as a guide only.
    4. 2021 Lowest ATAR
      The 2021 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.

Assumed knowledge

Mathematics Extension 1

Alternative entry pathways

If you did not meet the entry cut-off for this degree, consider starting in UNSW's Bachelor of Commerce. It’s important to achieve good grades for your first year of study, and then you can apply to transfer into this degree. Visit UNSW Future Students to find out what other options may be available.

English language requirements

 

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

International direct entry

We do not accept secondary qualifications from this country. We may accept tertiary study results, please contact us for more information.

Please contact us for direct entry requirements.

Pathway programs

The pathways to study at UNSW Business School include UNSW Foundation studies and our Diploma of Business, which offers a direct pathway to the second year of UNSW’s Bachelor of Commerce. Visit UNSW Global for more information.

English language requirements


You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

The Bachelor of Actuarial Studies/Commerce is a four-year double degree program consisting of 32 courses.  

The program includes:

  • Actuarial Studies core courses
  • Level 3 Actuarial Studies elective courses
  • Optional Actuarial Studies major
  • Commerce Integrated First Year courses
  • One Commerce major
  • Business School electives*
  • General education courses from other faculties

*You can use Business School electives to complete a third major from approved areas of study.

Professional development courses and experiences:

  • Mandatory Work Integrated Learning – You must complete at least one course credit with a work integrated learning focus such as an internship or business practicum

  • Final Year Synthesis – Synthesise your learning by applying and integrating the knowledge and skills gained throughout your Bachelor of Commerce (BCom)

  • COMM3999 myBCom Graduate Portfolio

Study areas

Full program structure

You’ll complete a Commerce major and the Actuarial Studies major. A Commerce major is usually eight courses within one discipline. The Actuarial Studies major has 12 core courses. The remaining 16 courses are a mix of business core courses and electives and professional development.

Some courses need to be studied in your first and second year, so you’re prepared for courses that can only be studied in later years. Your study options are full-time or part-time. Each university year has three terms and an optional summer study period. Depending on how you plan your study load, you can fit two or three courses into a term and one course in a summer term.

Below is an example of what you could study in four years full-time.

First year

  • MyBCom First Year Portfolio* 

  • myBCom Blueprint*

  • 4 Integrated First-Year Commerce courses 

  • 4 Level 1 Actuarial Studies core courses 

Second Year

  • 4 Integrated First-Year Commerce courses

  • 2 Level 1 Actuarial Studies core courses

  • 2 Level 2 Actuarial Studies core courses

Third Year

  • Work-Integrated Learning internship or practicum**

  • 3 Commerce courses in your chosen Major

  • 1 Level 2 Actuarial Studies core courses

  • 3 Level 3 Actuarial Studies core courses

Fourth Year

  • MyBCom Graduation Portfolio* 

  • Final Year Synthesis 

  • 4 Commerce courses in your chosen Major

  • 2 Commerce elective courses 

  • 1 Level 3 Actuarial Studies core course

*Bachelor of Commerce credit-free courses dedicated to career planning and employability.
**Mandatory work experience for course credit.

 

The combination of business knowledge and actuarial analysis skills is highly sought-after and opens up many interesting career opportunities related to superannuation, risk management, financial services. Find yourself in analytical roles in any industry, including government, non-government organisations, start-ups and private enterprise. UNSW Business School's Career Accelerator provides work experiences and professional development opportunities to help get you started.

Potential careers

  • Accountant/Auditor
  • Actuarial Analyst
  • Asset Management Trainee
  • Business Analyst
  • Business Consultant
  • Credit Analyst
  • Cyber Security Analyst
  • Customer Experience Officer
  • Data Analyst
  • Digital Innovation Officer
  • Economist
  • Financial Adviser
  • Human Resource Consultant
  • Insurance Analyst
  • Investment Banker
  • Marketing/Brand Manager
  • Risk Assessment Officer
  • Superannuation Adviser
  • Strategist
  • Tax Adviser
  • Wealth Management Analyst

Accreditation

The Bachelor of Actuarial Studies provides a strong foundation for becoming an actuary or working within a related field. You can earn exemptions from the Actuaries Institute’s Foundation Program in Australia or VEE credit from the Society of Actuaries (USA).

The Bachelor of Commerce can give you professional recognition and accreditation in industry governing bodies, including the Australian Human Resources Institute, Australian Securities and Investment Commission, CPA Australia, Chartered Accountants Australia and New Zealand, ACCA, Financial Adviser Standards and Ethics Authority (FASEA) and Institute of Public Accountants.

Applications for undergraduate study from domestic students (Australian citizens, Australian permanent residents, Australian permanent humanitarian visa holders and New Zealand citizens) are processed by the Universities Admissions Centre (UAC).

Visit the Apply section of the UAC website and you can nominate up to five degrees in order of preference, with the first being your most desired degree and university.

On-time applications for admission usually close at the end of September each year for Term 1 admission. Late applications can be submitted, but a late fee will apply. For study starting in Term 1, the majority of offers are made in December and January. Visit the UAC website for key dates for admission outside of Term 1.

Ready to apply?

For most international students, applications are submitted via our Apply Online service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date. For more information visit our international applicant information page.

*If you are an international student studying an Australian qualification, go to the Universities Admission Centre (UAC) for application and UAC key dates. Note: If you are under 18 years of age, you need to make special arrangements. Read more.

Ready to apply?

2021 Indicative First Year Fee
$14,500*

Commonwealth Supported Place multiple Student Contribution Bands may apply for this double degree. See single degrees for the applicable fee bands.

*The student contribution for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 based on a standard full-time load of 48 credit points (1.0 EFTSL). The actual student contribution you will be liable for depends on your individual program of study and the calendar year in which you enrol. Actual fees are calculated upon enrolment. Student contribution amounts are subject to annual review by the University and may increase each year during your studies (subject to caps determined by the Australian Government), effective at the start of each calendar year.

The indicative fees listed here are based on an estimated average and are tuition fees only. Other fees and charges are not included.

 

2021 Indicative First Year Fee
$45,600*
2021 Indicative Fee to Complete Degree
$189,040*

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website.

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed below.

Indicative fees to complete the program include tuition plus an estimate of study-related costs of approximately $1,000 per year. To find out more about other costs, visit UNSW International.

 

Scholarships

Our scholarships help you achieve your potential and enhance the experience of individuals who might otherwise struggle financially to maintain a place at university. The scholarships reward excellence, and encourage international mobility, diversity and equity.

Featured scholarship

Alumni Leaders Scholarship in Business
This scholarship supports people from a disadvantaged background to begin undergraduate studies at UNSW Business School. Explore the full range of UNSW Business School domestic scholarships.

Featured scholarship

UNSW Business School International Scholarship
This scholarship supports international undergraduate and postgraduate coursework students who are commencing full-time study at UNSW. Explore the full range of UNSW Business School international scholarships.


  • Top 50
    Worldwide

    QS World University Rankings, 2020.

  • Most
    Employable Graduates

    AFR Top 100 Future leaders Award.

  • Leading
    Innovation

    #1 Australian uni attended by start-up founders.

I have been able to translate classroom knowledge into real-life practice and make a real impact.
Student, Emily Weng

Emily Weng

Student

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