Actuarial Studies involves the application of quantitative, economics and financial models and analysis to long-term financial management particularly in life insurance, general insurance, health insurance and superannuation, as well as in other financial services.

Actuarial courses at UNSW involve the study of models used to quantify and manage risks and the principles involved in pricing, risk assessment, investment, financial management and financial soundness of insurance companies, benefit plans, financial service companies and financial projects.

The courses are quantitative and intellectually demanding. Students require a strong ability and interest in mathematics, statistics and their applications to business. Actuaries are employed by insurance companies, superannuation funds, banks, and governments and also practise as consulting actuaries.

Studying Actuarial Studies at UNSW

The study of Actuarial Studies at UNSW is available through the Actuarial Studies Unit (www.actuarial.unsw.edu.au). Postgraduate students can undertake a Master of Actuarial Studies.

The Master of Actuarial Studies allows students from various academic and professional backgrounds to gain highly regarded and internationally recognised professional qualifications in Actuarial Studies and quantitative Risk Management.

The UNSW actuarial program is fully accredited by the Institute of Actuaries of Australia and recognised for exemptions by the Institute of Actuaries (London) for the Core Technical subjects.