Bachelor of Actuarial Science

Bachelor of Actuarial Science comprises 24 subjects, as follows:

University core subjects (3)

• CORE11-001 Critical Thinking and Communication
• CORE11-002 Collaboration, Teams and Leadership
• CORE11-003 Responsibility, Integrity and Civic Discourse

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

Required subjects (14)

• ACCT11-100 Accounting Principles
• ACSC12-200 Mathematical Statistics
• ACSC12-201 Financial Mathematics
• ACSC13-301 Contingencies
• ACSC13-305 Actuarial and Financial Models
• ACSC13-306 Stochastic Processes
• ACSC13-307 Survival Analysis
• ECON11-100 Principles of Economics
• ECON12-200 Linear Models and Applied Econometrics
• ECON12-202 Contemporary Macroeconomics Issues
• FINC11-101 Fundamentals of Finance
• FINC13-301 Corporate Finance
• FINC13-303 Portfolio Analysis and Investment Management
• STAT11-112 Quantitative Methods

Electives (7)

Students can choose 7 General Elective Subjects (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 2022: $15,800* per semester average

Total program fee:

• Students commencing study in 2022: $94,800

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.

Academic requirements

Applicants with recent secondary education (within the past two years)

Entry score for 2021 entry

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.

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.

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.