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University of Melbourne Course/Program Name
Application closes on
National :30 Sep 
International :30 Sep 

BCom Actuarial Studies (Part-Time)

Catalog id : 002153M
 Course Level
Bachelors / UG
 Type
Part Time

 Duration
3 Years
 Start month
March

 Tuition fee

International
15000 AUD
National
15000 AUD

Application fee

International 29 AUD
National 29 AUD
Department
Faculty of Business and Economics
Scores accepted
IELTS (min)6.5
TOEFL-IBT (min)79
TOEFL-PBT (min)577
33

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About this course

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.

Check further details on University website

Eligibility Criteria

Clearly-in Rank 2016
95.00

Access Melbourne 2017
88.00

Access Melbourne allows you to be considered below the Clearly-in Rank. Guaranteed entry is available to eligible students from a rural area or disadvantaged financial background.

Minimum ATAR 2017
93.00

Check further details on University website

Course Modules

Year 1

Semester 1

  • Introductory microeconomics
  • Accounting reports and analysis
  • Principles of finance
  • Accelerated mathematics 1

Semester 2

  • introductory macroeconomics
  • introductory financial accounting
  • introduction to actuarial studies
  • accelerated mathematics 2

Year 2

Semester 1

  • financial mathematics 1
  • probability
  • organisational behaviour
  • commerce elective

Semester 2

  • financial mathematic 2
  • statistics
  • intermediate macroeconomics
  • non mathematics breadth

year 3

Semester 1

  • actuarial modelling 1
  • actuarial modelling 2
  • financial mathematics 3
  • non mathematics breadth

semester 2

  • contigencies(25 points)
  • actuarial statistics
  • models for insurance and finance

Check further details on University website

How to Apply

Studying Year 12 in Australia
You should apply through the Victorian Tertiary Admissions Centre (VTAC). Full details about the VTAC application process can be found on the VTAC website. Through VTAC, you can list up to 12 course preferences. You should list courses in your order of preference with the course of greatest interest listed first. Be sure that your application is finalised by the VTAC due dates.

If you have previously applied to the University of Melbourne via VTAC but were not offered a place or were offered but never enrolled, you should apply as a new student.

If you're studying interstate, you can find more specific application information for your state in one of our application flyers: NSW/ACT QLD SA TAS WA


Current University of Melbourne international students
If you're an international student currently studying at the University of Melbourne and you wish to transfer to another University of Melbourne course, you must submit your transfer application via the Victorian Tertiary Admissions Centre (VTAC). Be sure that your application is finalised by the VTAC due dates.

All other international students
You can apply online using our e-application.

Please ensure your application is received by us before the relevant deadline. An application fee of AUD$100 applies. This fee is non-refundable.

Alternatively, if you would prefer to apply in person in your own country, we have a number of overseas representatives in a variety of countries. Search our list of overseas representatives to find one near you.

If you have accepted an offer from another institution in Australia, been granted a Confirmation of Enrolment (COE) and want to transfer to the University of Melbourne within the first six months of study you will need a letter of release from that institution. Please see our International Student Transfer Policy for more details.

International Baccalaureate and US Advanced Placement students

You can choose to have your IB or AP results sent directly to the University as soon as they are released. Please make sure you advise us in your application if you have authorised the release of your results.

 

University of Melbourne AP institution code: 9015
University of Melbourne IB institution code: 002406

Check further details on University website

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