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Undergraduate

Actuarial Science

Bachelor of Science (Actuarial Science) - BSc(Curtin) - B-ACTUAR Science and Engineering
Guaranteed ATAR 92 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
STAT entry Not accepted. May be used to meet English competence requirements. 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.
Location Bentley
Study method Full-time or part-time
Study mode On-campus
Intake February
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.

In your third year you will choose to specialise in actuarial science or actuarial and applied statistics. To be eligible for entry to the actuarial science major, there is a minimum course-weighted average mark that you must have achieved.

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

Admission criteria

Admission criteria for Australian and New Zealand students

English language proficiency

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are as outlined in the IELTS table below. Additional information on how you can meet the English requirement can be found on the English proficiency page.

IELTS Academic (International English Language Testing System)
Writing 6.0
Speaking 6.0
Reading 6.0
Listening 6.0
Overall band score 6.5

Applicants with recent secondary education (within the past two years) Applicants with recent secondary education are those whose admission is primarily based on the completion of Year 12 within the last two years, but also includes those who may have completed their senior secondary studies with a TAFE or other VET provider within the same time frame. This includes applicants whose secondary education was undertaken interstate or overseas.

  • Guaranteed ATAR: 92 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics: Methods ATAR, or equivalent.
  • Desirable WACE subjects: Mathematics: Specialist ATAR, or equivalent.

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

Other admission options
Lowest ATAR to which an offer was made (exclusive of any adjustment factors such as equity or subject bonus points)

View the lowest ATAR (excluding adjustments) of an applicant who was offered a place in this course in the most relevant recent intake period for which data are available.

Lowest selection rank to which a recent Year 12 student offer was made (including the consideration of any equity or other adjustment factors)

View the lowest selection rank (incorporating ATAR plus any adjustments) of an applicant to which an offer of a place was made in the most relevant recent intake period, this includes any ATAR adjustments.

Selection rank adjustments (previously referred to as ATAR-related adjustments)

Details of the types of adjustment factors (bonus points) commonly available to applicants can be found on our StepUp to Curtin page.

ATAR and selection rank profile for those offered places wholly or partly on the basis of ATAR in the most recent intake period

View data on the ATAR and selection rank profile of offers made from the most relevant recent intake period.

Applicants with higher education study Applicants with higher education study are those whose highest level of study since leaving secondary education is a higher education course, whether at a university or non-university provider.

  • Curtin offers a variety of bridging courses to help you meet the admission criteria for this course. Find out more about our bridging courses.
  • Essential WACE subjects (pre-requisites):
    • Mathematics: Methods ATAR, or equivalent.
  • Desirable WACE subjects: Mathematics: Specialist ATAR, or equivalent.

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

Curtin course switcher criteria

To switch into this course, you need to have:

  • attained an ATAR of 92, or completed 200 credits over one year, with a course weighted average (CWA) of 80% or higher; and
  • met the prerequisite.

The Maths Methods prerequisite can be met with:

  • Maths Methods ATAR; or
  • MATH1013 Introductory Mathematics or MATH1005 Pre-Calculus (12.5 credits); and
  • MATH1014 Foundations of Calculus.

Students must also complete at least 50 credits of mathematics or statistics, with an average of 80% or higher per unit.

Other higher education course switcher criteria

To switch into this course from another higher education course, you need to have:

  • attained an ATAR of 92; or
  • completed 200 credits with a course weighted average (CWA) of 80% or higher; and
  • met the Maths Methods ATAR or unit/s assessed as comparable to Maths Methods ATAR.

Student must also complete at least 50 credits of mathematics or statistics with an average of 80% or higher per unit.

Applicants with vocational education and training (VET) study Applicants with vocational education and training (VET) study are those whose highest level of study since leaving secondary education is a VET course. This includes study at a public TAFE or other VET provider, whether a qualification was completed or not. Applicants with VET study may have other qualifications such as a Year 10 or Year 12 secondary school certificate.

  • Guaranteed ATAR: 92 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics: Methods ATAR, or equivalent.
  • Desirable WACE subjects: Mathematics: Specialist ATAR, or equivalent.
  • Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Applicants with work and life experience Applicants with work and life experience are those who left secondary education more than two years ago (i.e. who are not classified as recent secondary education applicants) and have not undertaken vocational education training (VET) or higher education study since then.

'Experience' includes a combination of factors sufficient to demonstrate readiness for higher education such as mature-age entry, professional experience whether completion of the Special Tertiary Admission Test (STAT) is required or not, community involvement or work experience. Applicants may have undertaken non-formal programs that have helped prepare them for tertiary education or are relevant to the proposed higher education field of study.

  • Guaranteed ATAR: 92 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics: Methods ATAR, or equivalent.
  • Desirable WACE subjects: Mathematics: Specialist ATAR, or equivalent.

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

In addition to the course-specific admission criteria listed above, please read our general admission criteria. Our general admission criteria apply to all courses at Curtin University.

Fees

Fees for Australian and New Zealand students

Year Student type Cost
2018 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 (referred to as the "student contribution amount"). 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. A limited number of Commonwealth supported places are also available for some postgraduate courses.

Learn more about CSPs and whether you're eligible by visiting the Australian Government's StudyAssist website.
$9,800*

Fees are indicative first year only and are subject to passage of legislation.

*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 Actuaries Institute.

Advanced standing/credit transfer/recognition of prior learning (RPL)

Credit for recognised learning (CRL) is the term Curtin uses to describe advanced standing, academic credit or recognition of prior learning.

You may be entitled to credit for recognised learning for formal, non-formal or informal learning.

Formal learning is learning that takes place through a structured program of learning that leads to the full or partial achievement of an officially recognised qualification. Recognised institutions include, but are not limited to, RTO providers and universities. Non-formal learning is adult and community education. Informal learning can include on the job learning or various kinds of work and life experience.

Credit can reduce the amount of study needed to complete a degree.

For further information, please visit our credit for recognised learning webpage or contact our CRL Office on crl@curtin.edu.au or 1300 222 888.

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 seven 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. 

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.

Student profile

View our student profile table to get an indication of the likely peer cohort for new students at Curtin University. This table provides data on students that commenced undergraduate study and passed the census date in the most relevant recent intake period for which data are available. It includes those admitted through all offer rounds and international students studying in Australia.