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Start your career in actuarial science in Australia

The upcoming semester for this program will be delivered in a multi-modal format, with classes designed to support and engage all learners. Whether they’re on campus or abroad, all students will be able to access Bond’s exceptional and personalised learning experience through dynamic and interactive lectures, tutorials, seminars, workshops and lab sessions.

Actuarial Science is a highly regarded profession, where you can be well rewarded for your analytical and problem solving skills, and ability to lead. This degree prepares you for a career as an actuary who can work anywhere in the world.

Bond is the only university in Queensland, and one of only seven in Australia, to offer the fully accredited Actuarial Science program by the Actuaries Institute, in addition to recognition agreements with the Society of Actuaries worldwide.

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24/7 access to live financial markets

Bond FinTech Hub

Offering a real world trading experience, the FinTech Hub is one of the leading facilities of its type in the world with 40 Bloomberg terminals. You’ll be executing deals, managing portfolios and trading securities based on current market conditions.

What our students say

Nikki Wallis

Actuarial Science Student

"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 one day to do a Master of Finance or MBA to assist my future aspirations of being an executive in the corporate world, and making a positive impact on communities and the environment."

Nikki Wallis

Actuarial Science Student

"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 one day to do a Master of Finance or MBA to assist my future aspirations of being an executive in the corporate world, and making a positive impact on communities and the environment."

Shaun McKay

Actuarial Science Student

"Deciding to study at Bond was such an easy decision. Not only is it the only university in Queensland that offers an accredited Bachelor of Actuarial Science, but it is also one of the top Australian tertiary institutions for student experience and quality of education. The opportunity to study here really aligned with my educational aspirations. I am passionate about the immense value of the skills I have learned at Bond. In future, I hope to practice some form of actuarial analytics at a firm with a level of community engagement comparable to Bond."

Shaun McKay

Actuarial Science Student

"Deciding to study at Bond was such an easy decision. Not only is it the only university in Queensland that offers an accredited Bachelor of Actuarial Science, but it is also one of the top Australian tertiary institutions for student experience and quality of education. The opportunity to study here really aligned with my educational aspirations. I am passionate about the immense value of the skills I have learned at Bond. In future, I hope to practice some form of actuarial analytics at a firm with a level of community engagement comparable to Bond."

Mark Johnman

Actuarial Science Student

“What I enjoy in the program is the intersection of different fields including finance, maths, statistics and IT. Companies these days need people to analyse data and explain to them how it can benefit or affect their business. The Actuarial Science program gives you the technical understanding as well as the business context in order to explain that in a way people can understand”.

Mark Johnman

Actuarial Science Student

“What I enjoy in the program is the intersection of different fields including finance, maths, statistics and IT. Companies these days need people to analyse data and explain to them how it can benefit or affect their business. The Actuarial Science program gives you the technical understanding as well as the business context in order to explain that in a way people can understand”.

Key features

  • Learn in smaller classes
  • Unparalleled access to Bond Business School's two financial trading rooms and 40 Bloomberg data-sourcing terminals.
  • Access to the Business School’s formal mentor program where you will be supported by academic staff, senior students and alumni.
  • Recognised worldwide by the Society of Actuaries

About the 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. Show more

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.  Show less

ModeOn Campus and Remote
Due to current travel restrictions, this program will temporarily be delivered using a mixture of on-campus, remote and multi-modal classes to support and engage all students, from all parts of the world. 
Duration6 semesters (2 years)
Starting semesters
  • September 2021
  • January 2022
  • May 2022
  • September 2022
  • January 2023
  • May 2023
  • September 2023
Program typeBachelors Degree
Study areaActuarial Science
Program codeBN-10029
CRICOS code083205M
Credit for prior studyFor more details on applying for credit, please contact the Student Business Centre: [email protected]

Bachelor of Actuarial Science comprises 24 subjects, as follows:

University core subjects (3)

Plus: CORE11-004 Beyond Bond: Professional Development and Community Engagement

Required subjects (14)

Electives (7)

Students can choose 7 General Elective Subject (70CP).

  • General elective – A subject that may be chosen from any subject on offer across the University provided requisites, enrolment restrictions and any other faculty requirements have been met.
Major/Minor
  • Students are encouraged to undertake an optional major (60CP) or minor (40CP). This will replace six (6) or four (4) of your general electives. 

A list of Majors and Minors is available here.
Please note: The Actuarial Science major or minor is not available for this program.

  • Students may also choose one of the following opportunities to use your elective subject to have international experiences or an Internship opportunity provided you meet the requirements. Please discuss with the Enrolment Advisor in the Student Business Centre.
Study Tour
  • The Study Tour requires approval from the Faculty. (Please note that additional costs and visa requirements are associated with this subject).
Business Internship
  • The Internship requires a 2.0 GPA and approval from the Faculty with an application to the Career Development Centre.
Individual Study Topic
  • The Individual Study Topic is only available in exceptional circumstances and requires Program Director's approval.

The following opportunities are also available to Bond Business School students.

  • BUSN13-730: Business School International Semester
    Students will be undertaking study at approved overseas institutes offering an international internship experience program, facilitating both academic study courses and practical industry internship placement
  • Bond International Exchange Program
    Current Bond students have the opportunity to study at one of 80+ leading universities in our network of exclusive international partnerships, for one or two semesters.

Please visit BBS Program Structure and Sequencing for guidance on study plans

Important note for first semester students

You will be registered in the Bond Business Mentoring Program designed for all new undergraduate students; please be advised the first scheduled gathering is in the Bond Business School orientation, If you require further information please email [email protected]  

The below fees are based on the total estimated program fee divided by the number of standard full-time semesters required to complete the program. Fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester.

Semester program fee:

  • Students commencing study in 2021: $21,040* per semester average
  • Students commencing study in 2022: $21,040* per semester average

Total program fee:

  • Students commencing study in 2021: $126,240
  • Students commencing study in 2022: $126,240

When considering the fees associated with your studies, keep in mind that Bond’s accelerated schedule means you can finish your degree sooner and be out in the workforce up to a year earlier than most other universities.

This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.

Find out your financing options and other costs to consider.

* The fees listed are average costs displayed to provide an indicative program cost only, they may differ to the indicative fee included in the Bond University offer letter due to differences in individual and exact study schedules.

Tuition fees are subject to change on an annual basis and will be charged at the appropriate fee for the year of enrolment.

* Note: for students commencing January 2021 the University has held the 2020 tuition fee amount in recognition of the current circumstances, with 2021 fees effective only from the University’s May 2021 semester.

Academic requirements

Applicants with recent secondary education (within the past two years)
Entry score for 2021 entry
Min ATARMin OPMin IB
90632

Visit our student profile if you are interested in the profile of all students who commenced undergraduate study at the Faculty in the January semester 2020.

Applicants must meet the University's general minimum admission criteria.

In addition, this program requires knowledge of advanced mathematics.

2022 Year 12 entry

In a disrupted world, Year 12 students have shown incredible resilience in adapting to the ongoing challenges presented by the events of recent years. Year 12 students can be assessed now for a guaranteed offer for 2022 entry conditional on the completion of Year 12. Applications will be assessed based on their first semester Year 12 results and meeting any subject prerequisite requirements for their program. Find out more.

International Secondary School students

For more information for International Students, including the International Baccalaureate, please go to the International Secondary School equivalency page.

Alternative entry pathways

For those applicants who do not currently have the required academic qualifications, there are a number of alternative entry pathways:

  • Bond University Diploma programs
  • Prior higher education experience (at this university or another)
  • Professional or para-professional qualifications/experience
  • Employment experience verified by a statement of service from the employer stating the position title and length of service and a very brief statement on the tasks undertaken.

For more information on what is required please visit our how to apply page.

English language proficiency requirements

As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English Language Proficiency Requirements for university study.

Credit for prior study

Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to how to apply for credit for more information

Key dates

Bond University calendar

How to apply

In order to apply for study at Bond University, you will need to complete the Online Application Form. To find out more about the application process please refer to How to Apply.

Future outcomes

The growing demand for quantitative business skills is due to organisations realising the benefits they can gain from analysing ‘big data’ they now have ready access to, particularly in applications of financial risk evaluation as well as other forms of data mining, machine learning and other techniques across many industries.  

The Bachelor of Actuarial Science will prepare students for rewarding careers in a range of disciplines, including: 

  • Climatology 
  • Business Consulting 
  • Data Analytics and Predictive Algorithms 
  • E-Commerce and Digital Marketing 
  • Economics 
  • Finance 
  • Health Administration 
  • Insurance 
  • Quantitative Research and Infrastructure 
  • Risk Management 
  • Safety Assessment and Risk Mitigation 
  • Statistical Inference 
  • Superannuation and Lifetime Asset Management 
  • Technology Innovation 

Our graduates are highly sought after upon graduation and employable as a: 

  • Investment Valuation Analyst 
  • Portfolio Manager 
  • Hedge Fund Manager 
  • Actuarial Consultant 
  • Insurance Actuary 
  • Superannuation Actuary 
  • Regulatory Actuary 
  • Risk Assessment Analyst 
  • Data Science Analyst 
  • Liability Manager 
  • Business Efficiency Consultant 

High achieving students will be encouraged to complete their Bachelor of Actuarial Science (Honours) after successful completion of the program with Bond’s Centre for Data Analytics.

Undertaking the Bachelor of Actuarial Science (Honours) allows students with an Actuarial Science degree to further develop their technical skills and learn how they can be best used within a broader business and economic setting. In addition, it affords the opportunity to achieve Part 2 (Actuary Program) qualification status with the Actuaries Institute.  

Bond is one of only seven universities in Australia, the only one in Queensland, to offer the fully accredited program by the Actuaries Institute and has recognition agreements with the Society of Actuaries (worldwide). 

Bond Business School is among less than 7% of the world’s 13,000 business programs to have earned accreditation from the Association to Advance Collegiate Schools of Business (AACSB) and less than 2% have earned European Foundation for Management Development's (EFMD) European Quality Improvement System (EQUIS) accreditation. Bond Business School is both AACSB and EQUIS accredited placing us in the top 2% of Business Schools in the world.  

Bond Business School is also 1 of 4 universities in Australia who are members of the Graduate Management Admission Council (GMAC), a tangible statement of the significant contribution our programs make to graduate management education.  

At Bond, we believe education goes beyond the classroom. Our unique Beyond Bond program will expand your horizons with internships, global volunteering programs, international competitions, industry conferences, study tours, community service and much, much more. 

 

Program variations

 

Our academics

“The Bond Actuarial program is ideal for developing the skills necessary for success in essentially any area of the financial and data science industries, as well as a host of other areas of business. Units taught by specialists in their respective fields, as opposed to just by actuaries, means students obtain a deeper understanding of the ideas underlying in the areas of risk assessment and modern data analytics as well as the traditional skill-set of an actuary. Further, the accreditations which can be gained through study at Bond are transferrable across the globe, giving international graduates a notable advantage in the global job market"

Steven Stern Professor of Data Science

Enquire about the Bachelor of Actuarial Science