Master of Commerce (Extension)
The University of New South Wales (UNSW), located in Sydney, Australia, offers a Master...
Bachelor of Actuarial Studies / Computer Science
Kensington
INTAKE: Feb, May & Sep
Program Overview
The Bachelor of Actuarial Studies / Computer Science program at UNSW is a unique interdisciplinary program that combines principles of actuarial science with advanced computer science skills. This program is designed for students interested in applying mathematical and statistical methods to assess risk and analyze financial data, while also developing expertise in software development, data analytics, and computational techniques.
Curriculum: UNSW's Bachelor of Actuarial Studies / Computer Science curriculum integrates core courses in actuarial science, mathematics, statistics, and computer science. Students study topics such as probability theory, financial mathematics, insurance, algorithms, software engineering, and database systems. The program offers flexibility through elective courses, allowing students to specialize in areas such as machine learning, artificial intelligence, or financial modeling.
Research Focus: The program encourages research in actuarial science, financial modeling, computational finance, and data science. Students have opportunities to engage in research projects supervised by faculty members and collaborate with industry partners on real-world problems. UNSW's strong emphasis on quantitative analysis and data-driven decision-making equips students with research skills to address complex challenges in finance, insurance, and risk management.
Industry Engagement: UNSW fosters strong partnerships with financial institutions, insurance companies, and technology firms to provide students with industry-relevant experiences. Through internships, industry projects, and guest lectures by industry professionals, students gain practical insights into actuarial practices, financial markets, and technological advancements in data analytics. Industry engagement ensures the curriculum remains current and prepares graduates for successful careers in actuarial science and computer science.
Global Perspective: With a globalized economy and interconnected financial markets, UNSW's Bachelor of Actuarial Studies / Computer Science program incorporates a global perspective. Students explore international financial regulations, global risk management strategies, and emerging trends in technology and finance. The program offers opportunities for international exchanges, allowing students to study abroad and gain insights into international business practices and cultural diversity in finance and technology sectors.
Location
Kensington
Score
IELTS 7
Tuition Fee
AUD 53000
Undergraduate Entry Requirements
Application Fee: AUD $150
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 75% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 94 with a minimum of 23 in each section.
- PTE (Pearson Test of English): Overall score of 64 with a minimum of 54 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
UNSW offers a variety of scholarships to attract and assist international students.
Merit-Based Scholarships: UNSW offers merit-based scholarships to international students with exceptional academic achievements. These scholarships recognize academic excellence and provide financial support to cover tuition fees or living expenses.
Country-Specific Scholarships: Some scholarships are tailored for students from specific countries or regions. These scholarships aim to promote diversity and cultural exchange among international students.
Faculty/Program Scholarships: Certain faculties or academic programs at UNSW offer scholarships to attract outstanding international students interested in specific fields of study. These scholarships may cover tuition fees or provide research opportunities.
Sports and Arts Scholarships: UNSW acknowledges the talents and achievements of international students in sports and the arts. Scholarships in these categories may be available to support students with exceptional abilities.
Graduates of the Bachelor of Actuarial Studies / Computer Science program from UNSW possess a unique blend of skills in actuarial science and computer science, making them well-suited for diverse career opportunities at the intersection of finance, insurance, and technology.
Actuarial Analyst: Graduates can pursue careers as actuarial analysts in insurance companies, consulting firms, or financial institutions. They use mathematical models and statistical techniques to analyze risk, assess financial implications, and develop strategies for managing risk. UNSW's program equips graduates with actuarial principles, data analysis skills, and programming expertise necessary for actuarial roles.
Quantitative Analyst (Quant): Graduates with strong computational skills can work as quantitative analysts in investment banks, hedge funds, or asset management firms. They develop quantitative models, conduct financial analysis, and optimize trading strategies using algorithms and data analytics. UNSW's curriculum in computer science, algorithms, and financial mathematics prepares graduates for quantitative roles in high-frequency trading, risk management, or financial product development.
Data Scientist: Graduates interested in data analytics can pursue careers as data scientists in tech companies, financial services, or e-commerce firms. They analyze large datasets, apply machine learning algorithms, and derive insights to inform business decisions and optimize processes. UNSW's program provides training in data mining, machine learning, and database management, preparing graduates for data-driven roles in various industries.
Software Developer/Engineer: Graduates with strong programming skills can work as software developers or engineers in technology companies, fintech startups, or software firms. They design and develop software applications, financial models, and algorithmic trading platforms. UNSW's emphasis on software engineering, algorithms, and computational techniques equips graduates for roles in software development, system architecture, or technical consultancy.
Risk Manager: Graduates can pursue careers as risk managers in financial institutions, corporate firms, or government agencies. They identify, assess, and mitigate financial risks associated with investments, operations, or regulatory compliance. UNSW's program prepares graduates with a solid understanding of risk assessment methodologies, financial modeling, and regulatory frameworks, essential for risk management roles.
Consultant: Graduates can work as consultants in management consulting firms, specializing in finance, technology, or data analytics. They advise clients on business strategies, process improvements, and risk management practices based on quantitative analysis and industry insights. UNSW's interdisciplinary training in actuarial science and computer science prepares graduates to provide valuable consultancy services to diverse clients across industries.
