📖Introduction

Macquarie University is a prestigious higher education institution located in Sydney, Australia. Founded in 1964, it is recognized globally for its excellence in teaching and research. Macquarie offers a comprehensive range of undergraduate and postgraduate programs across various disciplines, including arts, business, science, engineering, and health. The university is known for its innovative and interdisciplinary approach to education, encouraging students to think critically, embrace diversity, and pursue lifelong learning. Macquarie's campus is vibrant and inclusive, providing state-of-the-art facilities, research centers, and a supportive learning environment. With a strong commitment to societal engagement and global impact, Macquarie University prepares students to become future leaders, equipped with the knowledge and skills to tackle real-world challenges.

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📚About the Program

Bachelor’s in Actuarial Studies at Macquarie University

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In the professionally accredited Bachelor of Actuarial Studies, you’ll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance. Show less
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📖Program Curriculum

Core Zone
Essential units
Complete each unit below.
Introduction to Actuarial Studies
Principles of Economics 1
Principles of Economics 2
Calculus and Linear Algebra II (Advanced)
Statistical Data Analysis
Mathematics of Finance
Finance and Financial Reporting
Contingent Payments
Statistics
Probability

Capstone unit
PACE: Actuarial Modelling

Elective units
Calculus and Linear Algebra I
Calculus and Linear Algebra I (Advanced)
Survival Models
Actuarial Data Analytics
Quantitative Asset and Liability Modelling 1
Quantitative Asset and Liability Modelling 2
Quantitative Methods for Risk Analysis
Actuarial Statistics
Actuarial Control Cycle 1
Actuarial Control Cycle 2

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🏫About Macquarie University

Macquarie University, founded in 1964, is a prestigious public research university located in Sydney, Australia. Recognized globally for its high academic standards and innovative approach to education, the university offers a wide range of undergraduate and postgraduate programs across diverse fields of study. Macquarie prides itself on fostering a dynamic and inclusive learning environment that encourages critical thinking, creativity, and collaboration. The university's commitment to research excellence is demonstrated through its numerous specialized research centers and institutes, tackling significant societal and scientific challenges. Macquarie University is dedicated to producing graduates who are well-equipped with the skills, knowledge, and global perspective to thrive in their chosen careers and make a positive impact in the world.

🏠 Accommodation

You will need to book the accommodation after you have been accepted.

You can choose to live on campus or off campus in private accommodation.

How to book:

  • Make a booking online after you have been accepted (in this case please let us know your choice when you apply).
  • Register when you arrive - its not possible to reserve a room before arriving. You can arrive a few days before and book it
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💰 Fees

Application Fee:

$0 USD

Tuition fee:

40,800 AUD per year

122,400 AUD in total

Entry Requirements

You are not eligible to apply to this program because:

The minimum age is 18.

English fluency is required.
You need to be either:
- A native English speaker
- Studied a degree in English before
- Can demonstrate a high level of English
- Having an English certificate such as IELTS level 6 or TOEFL 95 and above is an advantage.

Minimum education level: High School.

The program is competitive, you need to have a high grades of Average A, 70%, or a high GPA.

All students from all countries are eligible to apply to this program.

Is this not correct? You can edit your profile or contact us.
Or see the list of programs you are eligible for here .
Check Your Eligibility Show Suitable Programs

📬 Admissions Process

3 Steps to Apply to a University

Application step 1

Application step 2

Application step 3

Please choose the programs here , "You are advised to select 2-3 programs to increase your chances of getting accepted.

Required Documents:

  • Passport
  • Graduation certificate
  • Passport size photo
  • Official transcript
  • Personal statement
  • English certificate (You can take the English test online)
  • Guarantor letter

Preparing documents:

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. Some more info about preparing application documents is here

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Application process:

Applying Online is simple in just a few steps. More information is available here.

The first steps are to choose the programs, pay the application fee and upload the application documents.

Once submitted to Global Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

After it has been processed to the university you will receive your unique application ID from each university.

The university may contact you directly for further questions.

We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.

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Here is some more information about the enrollment process after you have been accepted.

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