Take the next step in your actuarial science degree
The amount of data available to corporations is expanding rapidly and require trained professionals to analyse this data and provide business insights. A degree in Actuarial Science at Bond provides you with a unique advantage as we are the only university in Australia to combine the Actuarial Science degree with real life Big Data training. Bond Actuarial graduates are thus very well placed in the job market and the skills are highly transferable between countries.
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. You will also have the opportunity to complete all the Part II (Actuary program) subjects and receive a qualification with the Actuaries Institute and designation of Actuary. Part II (Actuary program) accreditation requires the completion of two subjects which are delivered by the Actuaries Institute in an online environment. It is a requirement to complete Honours (Part II) if you wish to become a Fellow.
Bond is the only university in Queensland to offer the fully accredited program by the Actuaries Institute.
What our students say
- Honours program gives you the opportunity to complete all of the Part II subjects for accreditation with The Actuaries Institute.
- 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.
About the program
The Bachelor of Actuarial Science (Honours) 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. An integral part of the Honours degree is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject. Show more
The Bachelor of Actuarial Science (Honours) 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. An integral part of the Honours degree is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject. The program develops skills in the challenge of crunching the ‘big data’ numbers to create practical solutions for real-world problems. Show less
|Duration||2 semesters (8 months)|
|Program type||Honours 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 (Honours) will prepare students for rewarding careers in a range of disciplines, including:
- Data Analytics
- Risk Management
Bachelor of Actuarial Science (Honours) students must complete the following five (5) Honours subjects:
- ACSC71-400 Actuarial Control Cycle 1
- ACSC71-401 Actuarial Control Cycle 2
- ACSC72-403 Actuarial Research Thesis Part A
- ACSC72-404 Actuarial Research Thesis Part B
- DTSC71-302 Statistical Learning and Regression Models
Plus one (1) approved elective subjects.
Please visit BBS Program Structure and Sequencing for guidance on study plans.
The below fees are based on an average per semester cost, fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester:
- 2020 fees: $20,245 per semester (based on 4 subjects per semester)
- 2021 fees: $20,965 per semester (based on 4 subjects per semester)
Price may vary depending on elective discipline choice.
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.
Students who have successfully completed at least 120 CP in the Bachelor of Actuarial Science or equivalent with a Grade Point Average of at least 2/4 (credit average or better) may then apply for the honours program.
Bond Actuarial Science students admitted into the honours program are eligible to apply for a competitive annual scholarship (up to 50% tuition Fee-waiver) which requires a minimum applicant GPA of 2.5 (on 4-point scale) to be considered.
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