Master of Commerce (Extension)
The University of New South Wales (UNSW), located in Sydney, Australia, offers a Master...
Bachelor of Actuarial Studies / Information Systems
Kensington
INTAKE: Feb, May & Sep
Program Overview
The University of New South Wales (UNSW), located in Sydney, Australia, is renowned for its high-quality education and research. The Bachelor of Actuarial Studies / Information Systems at UNSW is a dual degree program designed to provide students with a robust foundation in actuarial science and information systems. This interdisciplinary program combines quantitative risk assessment skills with the ability to design and manage information systems, preparing graduates for diverse career opportunities in financial services, insurance, consulting, and technology sectors.
Curriculum: The curriculum for the Bachelor of Actuarial Studies / Information Systems is comprehensive and meticulously structured to ensure students gain in-depth knowledge and practical skills in both fields. Core subjects include actuarial models, financial mathematics, data analytics, programming, systems analysis, and database management. The program also offers elective courses, allowing students to tailor their studies to their specific interests and career goals. Advanced topics such as machine learning, big data, and advanced actuarial techniques are also covered, ensuring graduates are well-versed in current industry practices and technologies.
Research Focus: UNSW is a research-intensive university, and the Bachelor of Actuarial Studies / Information Systems program emphasizes integrating research with teaching. Students have opportunities to engage in cutting-edge research projects, often collaborating with industry partners. Research areas include financial risk management, predictive modeling, cybersecurity, and business analytics. The program encourages students to participate in research seminars and workshops, fostering a deep understanding of emerging trends and innovations in both actuarial science and information systems.
Industry Engagement: UNSW has strong ties with industry leaders, ensuring that the curriculum remains relevant and that students gain valuable industry insights. The Bachelor of Actuarial Studies / Information Systems program includes industry placements, internships, and collaborative projects with top companies in finance, insurance, and technology sectors. These partnerships provide students with practical experience and networking opportunities, enhancing their employability upon graduation. Industry professionals often participate in guest lectures and mentorship programs, offering students firsthand knowledge and guidance.
Global Perspective: As a globally recognized institution, UNSW emphasizes a global perspective in its programs. The Bachelor of Actuarial Studies / Information Systems program encourages students to participate in international exchange programs, study tours, and global internships. These experiences enable students to understand global markets, cross-cultural communication, and international business practices. UNSW's diverse student body and faculty further enrich the learning experience, promoting a multicultural environment that prepares students for global careers.
Location
Kensington
Score
IELTS 7
Tuition Fee
AUD 52000
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.
The University of New South Wales (UNSW) is known for producing highly employable graduates who are well-prepared to meet industry demands. For students pursuing a Bachelor of Actuarial Studies / Information Systems, the career opportunities are diverse and lucrative. This dual degree equips students with a unique combination of skills in actuarial science and information systems, opening doors to various fields.
Actuarial Analyst: Graduates can work as actuarial analysts, where they apply mathematical and statistical methods to assess risk in insurance, finance, and other sectors. They analyze data to forecast future events, financial costs, and help design policies and strategies to minimize risks.
Information Systems Manager: With a strong foundation in information systems, graduates can pursue careers as information systems managers. These professionals oversee the IT needs of an organization, ensuring that the technology infrastructure supports business goals efficiently.
Risk Manager: The dual expertise in actuarial studies and information systems is highly valued in risk management. Risk managers identify, assess, and prioritize risks, and develop strategies to manage and mitigate them. They often work in finance, insurance, and corporate sectors.
Data Analyst/Scientist: Graduates can also become data analysts or scientists, roles that involve analyzing large datasets to uncover trends, patterns, and insights that can drive business decisions. The combination of actuarial and information systems knowledge is particularly useful in these roles.
Financial Analyst: Financial analysts use their actuarial skills to evaluate investment opportunities and their information systems knowledge to manage financial software and databases. They work in banks, investment firms, and other financial institutions.
IT Consultant: As IT consultants, graduates advise organizations on how to best use information technology to meet their business objectives. They analyze IT systems, recommend improvements, and help implement new technologies.
Business Analyst: Business analysts bridge the gap between business needs and technology solutions. They use their dual expertise to analyze business processes, identify needs, and develop technological solutions to enhance efficiency and effectiveness.
Insurance Underwriter: In the insurance industry, graduates can work as underwriters, evaluating the risks involved in insuring people and assets, and determining policy terms and premiums. Their actuarial training helps in accurate risk assessment.
Software Developer: Those inclined towards the technical side can become software developers, creating applications that support actuarial analysis, financial modeling, and other business processes.
Consulting Actuary: Consulting actuaries provide specialized actuarial advice to clients, including pension funds, insurance companies, and government bodies. Their role involves complex problem-solving and strategic planning.
