Start your career in actuarial science in Australia
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.
Bond Business School Experience Day - Wednesday, 24 October, 2018. Join us for a full Experience Day for Year 11s, Year 12s, parents and teachers to attend sessions, see the latest facilities and talk to relevant academics and current students. Register now.
24/7 access to live financial markets
What our students say
- 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 Macquarie Trading Room 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 Macquarie Trading Room 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
|Duration||6 semesters (2 years)|
|Program type||Bachelors Degree|
|Study area||Actuarial Science|
|Credit for prior study||For more details on applying for credit, please contact the Student Business Centre: [email protected]|
High graduate starting salaries and full employment rates reflect the growing demand for qualified analysts, with career opportunities predicted to increase substantially over the next five years. The Bachelor of Actuarial Science will prepare students for rewarding careers in a range of disciplines, including:
- Data Analytics
- Risk Management
Bachelor of Actuarial Science comprises 24 subjects, as follows:
View the Program structure and sequence plans for page or all semesters of commencement.
University core subjects (3)
- CORE11-001 Critical Thinking and Communication
- CORE11-002 Leadership and Team Dynamics
- CORE11-003 Ethical Thought and Action
Faculty core subjects (14)
- ACCT11-100 Accounting for Decision Making
- ACSC12-200 Mathematical Statistics
- ACSC12-201 Financial Mathematics
- ACSC13-301 Contingencies
- ACSC13-304 Stochastic Modelling
- ACSC13-305 Actuarial and Financial Models
- ECON11-100 Principles of Economics
- ECON12-200 Econometrics
- ECON12-202 Contemporary Macroeconomics Issues
- FINC12-200 Fundamentals of Finance
- FINC13-301 Corporate Finance
- FINC13-303 Portfolio Analysis and Investment Management
- MGMT13-311 Managing Strategic Change
- STAT11-112 Quantitative Methods
Students must choose seven (7) elective subjects from any faculty list of undergraduate subjects provided you meet the requirements of the subject. You are also encouraged to complete a major or minor to diversify your skills and enhance your employability.
Any major from the Bond Business School is available for a second major. Please note that when choosing a second major that due to the structure of some majors a full sequence of subjects cannot be provided for full accreditation. i.e Accounting and Actuarial Science. Please discuss with the Enrolment Advisor in the Student Business Centre if uncertain of choices.
A minor is a set of subjects that are sufficient to establish proficiency in a discipline without having to take all of the subjects that a major would take. All minors in the Bond Business School are available to Bachelor of Business, Bachelor of Commerce and Bachelor of Actuarial Science students.
A list of Majors and Minors is available here
Actuarial Science students are recommended to take A Finance and/or Big Data major as part of their program. Please discuss with the Enrolment Advisor in the Student Business Centre.
Students may also choose one of the following opportunities to use one or more of your elective subjects to have an international experience 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 are associated with this subject).
- Business Internship
The Internship requires a GPA credit average and requires 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 the 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.
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 total program fees for the Bachelor of Actuarial Science are:
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 if you went to another university.
This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.
Applicants with recent secondary education (within the past two years)
Applicants must meet the University's general minimum admission criteria.
In addition, this program requires knowledge of advanced mathematics.
The following table provides comparative information for those domestic students admitted into this program wholly or partly on the basis of OP/ATAR in January semester 2018.
|ATAR based offers only, across all offer rounds||ATAR (OP in QLD)|
(Excluding adjustment factors)
(ATAR/OP plus any adjustment factors)
|Highest rank to receive an offer||OP1/ATAR 99||99|
|Median rank to receive an offer||OP3/ATAR 95||95|
|Lowest rank to receive an offer||OP8/ATAR 84||88|
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 2018.
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)
- Special Tertiary Admissions Test (STAT)
- 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