Actuarial Studies involves the application of quantitative, economics and financial models to the analysis and management of long-term financial and insurance risks 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, management consultants, and governments and also practice as consulting actuaries.

Studying Actuarial Studies at UNSW
Programs in Actuarial Studies at UNSW are available through the School of Risk and Actuarial Studies. Postgraduate students can undertake a Master of Actuarial Studies or a Master of Actuarial Studies (Extension).

The Master of Actuarial Studies allows students with quantitative 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 Actuaries Institute (Australia Part I, Part II and ST9/ERM), recognised for exemptions by the Institute of Actuaries (London) for the Core Technical subjects and relevant courses are VEE approved by the Society of Actuaries (SoA).