Bachelor of commerce in actuarial studies in University of melbourne

Actuaries assess, evaluate and manage the financial risks faced by individuals, organisations and governments for future planning. Risks include illness, disability and death, the effects of natural disasters such as cyclones and earthquakes, and major economic or social change. If you choose to major in actuarial studies you will have a firm grounding in the traditional actuarial skill set of mathematics, statistics, demography, finance and economics. This background, coupled with strong analytical skills, sees actuaries serving as financial advisers to a range of organisations including life, general and health insurance companies; banks and other financial institutions; superannuation funds; and governments. Actuaries tackle many types of problems, most of which involve uncertainty about the future.

Units 3 & 4: A study score of at least 25 in English/ESL and Mathematical Methods/Specialist Mathematics, Students may be eligible to progress into the 3-year Master of Engineering, subject to completing prerequisite subjects, Test scores: TOEFL, IELTS, PTE, CAE

Financial planning, Financial reporting and performance management, General insurance, Health insurance, Investments and asset management

20th Dec