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Bachelor of Actuarial Science

Program overview

Use your love of crunching numbers to evaluate financial risk and create practical solutions for real-world problems with Bond’s Bachelor of Actuarial Science.  
 
The diverse skillset acquired in this program will equip you with the tools to analyse and manage risks of all types and develop techniques for the effective use of quantitative information to influence and improve business decision making. 
 
Accredited by the Actuaries Institute, Bond’s Bachelor of Actuarial Science will not only prepare you for a job that is in high demand, but also develop a knowledge base drawing from the core fields of mathematics, probability, programming, finance, economics, and data science that can be transferred across numerous industries and disciplines.   
 
As a Bond Business School student, you will have exclusive access to facilities including the Bond FinTech Hub which enables you the opportunity to gain a Bloomberg certification, while you can extend your data analytics knowledge with access to the advanced computing environment of the Centre for Data Analytics and its experts in this field.  

The program structure allows attainment of exemptions for all components of Part I (Foundation Program) accreditation with the Actuaries Institute.  

Program code: BN-10029

CRICOS code: 083205M

Program overview

Use your love of crunching numbers to evaluate financial risk and create practical solutions for real-world problems with Bond’s Bachelor of Actuarial Science.  
 
The diverse skillset acquired in this program will equip you with the tools to analyse and manage risks of all types and develop techniques for the effective use of quantitative information to influence and improve business decision making. 
 
Accredited by the Actuaries Institute, Bond’s Bachelor of Actuarial Science will not only prepare you for a job that is in high demand, but also develop a knowledge base drawing from the core fields of mathematics, probability, programming, finance, economics, and data science that can be transferred across numerous industries and disciplines.   
 
As a Bond Business School student, you will have exclusive access to facilities including the Bond FinTech Hub which enables you the opportunity to gain a Bloomberg certification, while you can extend your data analytics knowledge with access to the advanced computing environment of the Centre for Data Analytics and its experts in this field.  

The program structure allows attainment of exemptions for all components of Part I (Foundation Program) accreditation with the Actuaries Institute.  

Program code: BN-10029

CRICOS code: 083205M

Meet Professor of Data Science Steven Stern

About this program

The Bachelor of Actuarial Science is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making.

The Bachelor of Actuarial Science is taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond FinTech Hub and Bloomberg data-sourcing terminals. The program develops students’ skills in the challenge of crunching 'big data' numbers to create practical solutions for real-world problems. Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high-level manager. Successful completion of the program can lead to Part I qualification with the Actuaries Institute. 

What you'll be studying

  • Year 1

    In your first year, your introduction to our Bachelor of Actuarial Science program will include the completion of your essential introductory and intermediate level subjects. In addition to eight required subjects which include mathematical statistics, linear modelling and econometrics, stochastic processes and survival analysis, and basic principles of economics, accounting, finance and quantitative methods. You will also have the option to include an elective or a subject in an available major

Program features

  • Accredited program

    The program structure allows attainment of exemptions from all components of Part I (Foundation Program) accreditation with the Actuaries Institute.

  • Global opportunities

    Bolster your global experience during your degree with internship placements, study tours, or a study abroad semester.

  • Build a network

    Gain access to high profile Australian and international business leaders and alumni through a range of networking opportunities.

  • Gain Bloomberg skills

    Acquire internationally recognised Bloomberg certification during your studies as a business student, showcasing a high level of competency using the Bloomberg professional service used in the finance and banking sectors.

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Inherent requirements

Inherent requirements are the essential abilities, knowledge and skills required to successfully complete the program. Learn more about the inherent requirements and make an informed decision about your capacity to undertake the program.

LEARN MORE

Hear from our Bondies

  • "I chose Bond for the personalised experience, the small class sizes and the family culture. I have just completed a Summer Vacation Program at EY, Melbourne, in the Advisory-Data and Analytics Service Line which was such an incredible experience. I hope to do a Master of Finance or MBA to assist my future aspirations of being an executive in the corporate world and make a positive impact on communities and the environment." 

    Nikki Wallis - Actuarial Science Student
  • "Bond’s actuarial program is ideal for developing the necessary skills to succeed in business, financial and data science industries. Taught by specialists in their fields, Bond students gain a deeper understanding of the ideas underlying in areas of risk assessment and modern data analytics plus the traditional skill set of an actuary. This gives graduates a notable advantage in the job market, augmented by the potential for networking and internships with Bond Business School’s industry partners."

    Steven Stern - Professor of Data Science
  • Bachelor of Actuarial Science

    I've had the opportunity to learn a variety of concepts from a wide range of enthusiastic and dedicated professors. Their help and guidance has taught me how to code in three different languages and hopefully graduate with all of Part 1 (Foundation Program) actuarial accreditations. These skills have also helped me to secure a graduate position with Budget Direct. However, the greatest opportunity that Bond has given me so far is making friends that I will have for the rest of my life.
    The small nature of Bond's actuarial cohort means you can form connections and depend on each other through all of the late-night study sessions before exams.

    Jack Luke-Paredi - student
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Hear from our Bondies

  • "I chose Bond for the personalised experience, the small class sizes and the family culture. I have just completed a Summer Vacation Program at EY, Melbourne, in the Advisory-Data and Analytics Service Line which was such an incredible experience. I hope to do a Master of Finance or MBA to assist my future aspirations of being an executive in the corporate world and make a positive impact on communities and the environment." 

    Nikki Wallis - Actuarial Science Student
  • "Bond’s actuarial program is ideal for developing the necessary skills to succeed in business, financial and data science industries. Taught by specialists in their fields, Bond students gain a deeper understanding of the ideas underlying in areas of risk assessment and modern data analytics plus the traditional skill set of an actuary. This gives graduates a notable advantage in the job market, augmented by the potential for networking and internships with Bond Business School’s industry partners."

    Steven Stern - Professor of Data Science
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