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Undergraduate

Actuarial Science

Bachelor of Science (Actuarial Science) - BSc(Curtin) - B-ACTUAR Science and Engineering
Indicative ATAR 92 Indicative TER (ATAR) - This figure provides an indication of the TER (ATAR) normally required to enter this course. It is provided as a guide only.
Location Bentley
Study method Full-time or part-time
Study mode On-campus
Intake February or July
Duration 3 years full-time

Course overview

Actuaries analyse mathematical, statistical, demographic, financial and economic data in order to predict and assess the effects of long-term risks involved in financial decisions and planning. They find strategies for minimising the impact of undesirable events on business and industrial organisations.

Actuaries are often tasked with solving business problems. For example, they may analyse future financial events, especially when the amount or timing of a payment is uncertain. Actuaries may also assess when and where devastating storms may hit to help predict risks, and their associated costs, for investments or insurance.

In this course, you will develop the mathematical and statistical techniques relevant to model industrial and commercial processes against a financial and economic background. You will also learn to identify the risk factors and determine the price and cost of those risks.

High achieving students may complete an additional honours year enabling them to undertake their own significant research project.

Entry requirements

Entry requirements for Australian and New Zealand students

Indicative TER (ATAR) Indicative TER (ATAR) - This figure provides an indication of the TER (ATAR) normally required to enter this course. It is provided as a guide only.

92

STAT entry STAT entry - The Special Tertiary Admissions Test (STAT) assesses competencies considered important for success at uni. These tests are provided by the Tertiary Institutions Service Centre (TISC) to help mature age candidates apply for certain courses.

Not accepted. May be used to meet English competence requirements.

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Mature age entry

Discover other ways you can qualify

Essential WACE courses

  • Mathematics: Methods ATAR

Desirable WACE courses

Mathematics: Specialist ATAR

Fees

Fees for Australian and New Zealand students

Year Student type Cost
2016 Commonwealth supported What is a Commonwealth supported place (CSP)? - A CSP is subsidised by the Australian Government. They pay part of the course fees directly to Curtin and then the student pays the remainder. The student can defer this fee to their HECS-HELP loan.

All Australian students studying an undergraduate degree are automatically awarded a Commonwealth supported place.

Learn more about CSPs and whether you're eligible by visiting the Australian Government's StudyAssist website.
$9,520*

Fees are indicative first year only.

*The indicative first-year fee is calculated on 200 credit points, which is the typical full-time study load per year, however some courses require additional study to be completed, in which case the fee will be higher than that shown.

This fee is a guide only. It may vary depending on the units you choose and do not include incidental fees (such as lab coats or art supplies) or the cost of your textbooks - visit other fees and charges for more information. For more information on fees and to determine your eligibility for HECS-HELP or FEE-HELP, please visit fee basics or the Study Assist website

If you're not an Australian citizen, permanent resident or New Zealand citizen, please see information for international students.

Professional recognition

This course is accredited by the Actuarial Institute.

Credit for previous study

If you have previously worked or studied in this field, you are encouraged to contact the Faculty of Science and Engineering to discuss eligibility for recognition of prior learning.


Learn about Credit for Recognised Learning (CRL).

Career opportunities

This course can help you become a:

  • Business Systems Analyst
  • Mathematician
  • Statistician
  • Actuary
  • Economist
  • Financial Dealer and Broker

Why Actuarial Science?

  • Curtin is the only university in Western Australia which offers an actuarial science course that has been accredited by the Institute of Actuaries Australia, and one of only six universities offering this course in Australia.
  • There is a strong demand for actuarial graduates in Perth
  • Our school is still relatively small. We actively assist our graduates to gain employment through our work experience program
  • The QS World Rankings 2012 lists Curtin as one of the top 100 universities in the world to study statistics and operational management.
  • Actuaries are in demand internationally, in industries that increasingly extend beyond the traditional finance and insurance fields.
  • Opportunities may exist in health and education, the environment and climate change, public infrastructure, genetics and risk management for large companies. 
  • Positions may include business systems analyst, mathematician, statistician, actuary, economist or financial dealer and broker. 

How this course will make you industry ready

Actuaries are able to provide a financial evaluation of risk for companies, which may be instrumental in strategic management decisions. Throughout the course you will develop extensive knowledge of mathematics, probability, statistics, principles of finance and business, helping you to graduate career-ready. 

You can also gain exemptions in the equivalent subjects for the Part I exams for the Actuaries Institute.