Skip to main content
Start of main content.

Bachelor of Actuarial Science (Honours)

Program overview

The amount of data available to corporations is expanding rapidly and requires trained professionals to analyse this data and provide business insights. A Bachelor of Actuarial Science (Honours) will develop your skills for crunching numbers to create practical solutions for real-world problems.

An integral part of the program is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject.

Completing a Bachelor of Actuarial Science (Honours) allows students with an Actuarial Science degree to further develop their technical skills and learn how they can be best used within a broader business and economic setting. You will also have the opportunity to complete the university-based component of Part II (Actuary program) accreditation and receive a qualification with the Actuaries Institute and the designation of Actuary. Full Part II (Actuary program) accreditation requires the completion of two subjects which are only delivered by the Actuaries Institute in an online environment.

The Bachelor of Actuarial Science (Honours) program is an 80 credit point, two-semester program of independent research and study culminating in the production of a research thesis and presentation of a research seminar. Students undertake a program of course-work and research in which they conceptualise, plan, organise, undertake, and report on an independent research project, whilst being supervised.

Program code: BN-10031

CRICOS code: 086364E

Program overview

The amount of data available to corporations is expanding rapidly and requires trained professionals to analyse this data and provide business insights. A Bachelor of Actuarial Science (Honours) will develop your skills for crunching numbers to create practical solutions for real-world problems.

An integral part of the program is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject.

Completing a Bachelor of Actuarial Science (Honours) allows students with an Actuarial Science degree to further develop their technical skills and learn how they can be best used within a broader business and economic setting. You will also have the opportunity to complete the university-based component of Part II (Actuary program) accreditation and receive a qualification with the Actuaries Institute and the designation of Actuary. Full Part II (Actuary program) accreditation requires the completion of two subjects which are only delivered by the Actuaries Institute in an online environment.

The Bachelor of Actuarial Science (Honours) program is an 80 credit point, two-semester program of independent research and study culminating in the production of a research thesis and presentation of a research seminar. Students undertake a program of course-work and research in which they conceptualise, plan, organise, undertake, and report on an independent research project, whilst being supervised.

Program code: BN-10031

CRICOS code: 086364E

Meet Professor of Data Science Steven Stern

About this program

The Bachelor of Actuarial Science (Honours) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. An integral part of the Honours degree is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject. The program develops skills in the challenge of crunching the ‘big data’ numbers to create practical solutions for real-world problems.

What you'll be studying

  • Semester 1

    In this your first semester you may complete your Actuarial Control Cycle 1, Research Thesis Part A and an approved elective honour. The Actuarial Control Cycle 1 provides you with an understanding of how actuarial principles can be applied to a range of problems and issues in commercial and business environments. On your Research Thesis Part A, you will work on a topic motivated by recent developments and innovations in actuarial industries or more generally in the financial services markets. You will need to approach potential supervisors before semester starts to discuss supervision and possible research topics

Program features

  • Accredited program

    Successful completion of the program at the appropriate level of achievement provides all university components of Part II (Actuary Program) accreditation with the Actuaries Institute.

  • Global opportunities

    Bolster your global experience during your degree with internship placements, study tours, or a study abroad semester.

  • Build a network

    Gain access to high profile Australian and international business leaders and alumni through a range of networking opportunities.

  • Gain Bloomberg skills

    Acquire internationally recognised Bloomberg certification during your studies as a business student, showcasing a high level of competency using the Bloomberg professional service used in the finance and banking sectors.

PreviousNext

Additional Costs

When planning your budget, there are a number of other costs you'll need to consider in addition to your program fees. The below information is a guide but keep in mind that costs may be different.

Hear from our Bondies

  • Bachelor of Actuarial Science (Honours)

    I undertook an internship with Auto & General insurance Company. It was a great experience to get exposure to practical actuarial work and I continued to work there part-time while completing my honours program. I learnt that work in practice is driven by pragmatism. There is a trade-off between perfection and efficiency. I carried this attitude throughout my honours project, which lead to less stress and a more calculated approach to the problem at hand. For somebody who is driven and loves maths, I couldn’t recommend a better career decision than to study Actuarial Science at Bond.

    Callum Roberts - Alumnus
  • "Bond’s actuarial program is ideal for developing the necessary skills to succeed in business, financial and data science industries. Taught by specialists in their fields, Bond students gain a deeper understanding of the ideas underlying in areas of risk assessment and modern data analytics plus the traditional skill set of an actuary. This gives graduates a notable advantage in the job market, augmented by the potential for networking and internships with Bond Business School’s industry partners."

    Steven Stern - Professor of Data Science
PreviousNext

Additional Costs

When planning your budget, there are a number of other costs you'll need to consider in addition to your program fees. The below information is a guide but keep in mind that costs may be different.

Additional Costs

When planning your budget, there are a number of other costs you'll need to consider in addition to your program fees. The below information is a guide but keep in mind that costs may be different.

Hear from our Bondies

  • Bachelor of Actuarial Science (Honours)

    I undertook an internship with Auto & General insurance Company. It was a great experience to get exposure to practical actuarial work and I continued to work there part-time while completing my honours program. I learnt that work in practice is driven by pragmatism. There is a trade-off between perfection and efficiency. I carried this attitude throughout my honours project, which lead to less stress and a more calculated approach to the problem at hand. For somebody who is driven and loves maths, I couldn’t recommend a better career decision than to study Actuarial Science at Bond.

    Callum Roberts - Alumnus
  • "Bond’s actuarial program is ideal for developing the necessary skills to succeed in business, financial and data science industries. Taught by specialists in their fields, Bond students gain a deeper understanding of the ideas underlying in areas of risk assessment and modern data analytics plus the traditional skill set of an actuary. This gives graduates a notable advantage in the job market, augmented by the potential for networking and internships with Bond Business School’s industry partners."

    Steven Stern - Professor of Data Science
PreviousNext

Similar Programs

  • CRICOS Code: 083205M

    Bachelor of Actuarial Science

    • Actuarial Science and Data Analytics
    • 2 years (6 semesters)
    • Undergraduate
    View program
  • CRICOS Code: 093910C

    Bachelor of Actuarial Science/Bachelor of Laws

    • Actuarial Science and Data Analytics / Law
    • 3 years 8 months (11 semesters)
    • Undergraduate
    View program
  • CRICOS Code: 063055G

    Bachelor of Business

    • Business, Commerce, and Entrepreneurship
    • 2 years (6 semesters)
    • Undergraduate
    View program
  • CRICOS Code: 0101007

    Bachelor of Business Data Analytics (3 Year Program)

    • Actuarial Science and Data Analytics
    • 3 years (6 semesters)
    • Undergraduate
    View program
  • CRICOS Code: 077411M

    Bachelor of Commerce (3 Year Program)

    • Business, Commerce, and Entrepreneurship
    • 3 years (6 semesters)
    • Undergraduate
    View program
PreviousNext