Master of Commerce (Extension)
The University of New South Wales (UNSW), located in Sydney, Australia, offers a Master...
Bachelor of Actuarial Studies and Bachelor of Law
Kensington
INTAKE: February
Program Overview
The Bachelor of Actuarial Studies and Bachelor of Laws (LLB) program at UNSW is designed to offer students a comprehensive education in both actuarial science and law. This dual-degree program combines quantitative analysis, financial modeling, risk management skills from actuarial studies with legal principles, critical thinking, and analytical reasoning from law. Graduates are equipped to pursue careers at the intersection of finance, insurance, legal practice, and policy.
Curriculum: The curriculum integrates core courses from both actuarial studies and law disciplines. Actuarial studies courses typically cover topics such as probability theory, financial mathematics, insurance, risk management, and actuarial modeling. Law courses include foundational subjects such as contracts, torts, constitutional law, criminal law, and legal research skills. Students also have the opportunity to select electives that align with their career interests in areas like taxation law, commercial law, or corporate finance.
Research Focus: UNSW emphasizes a strong research focus within the Bachelor of Actuarial Studies and Bachelor of Laws program. Students have opportunities to engage in research projects that explore intersections between law and finance, such as financial regulation, insurance law, economic analysis in legal practice, or policy implications of actuarial practices. Faculty members actively contribute to research in areas like legal theory, financial law, and regulatory frameworks, enriching students' academic experience with practical insights and advanced methodologies.
Industry Engagement: The university fosters industry engagement through internships, clerkships, and collaborative projects with legal firms, financial institutions, regulatory bodies, and government agencies. Students gain practical experience and insights into real-world applications of actuarial and legal principles. Industry professionals contribute to the curriculum through guest lectures, workshops, and moot court exercises, ensuring that graduates develop industry-relevant skills and knowledge.
Global Perspective: UNSW promotes a global perspective in the Bachelor of Actuarial Studies and Bachelor of Laws program, preparing students for careers in an increasingly interconnected world. The curriculum includes comparative law studies, international business transactions, global regulatory frameworks, and cross-border legal issues. Students are encouraged to participate in international exchange programs, attend global law conferences, or engage in international research projects to broaden their understanding of global legal systems and economic contexts.
Location
Kensington
Score
IELTS 7
Tuition Fee
AUD 51500
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 from UNSW's Bachelor of Actuarial Studies and Bachelor of Law program possess a unique combination of skills in actuarial science and legal expertise. They are well-equipped to pursue diverse career paths at the intersection of finance, insurance, legal practice, and policy.
Actuarial Analyst in Legal Practice: Graduates can work in law firms specializing in insurance law, financial regulation, or corporate law. They apply their actuarial skills to assess financial risks, analyze insurance contracts, and provide expert advice on legal matters related to financial transactions, mergers, acquisitions, and regulatory compliance.
Corporate Lawyer with Actuarial Expertise: Graduates may work as corporate lawyers in financial institutions, multinational corporations, or consulting firms. They use their knowledge of actuarial principles to advise clients on corporate governance, risk management strategies, financial transactions, and compliance with regulatory requirements.
Insurance Law Specialist: Graduates can specialize in insurance law, working for insurance companies, regulatory bodies, or legal firms. They interpret insurance policies, handle claims disputes, evaluate risk assessments, and ensure compliance with insurance regulations and legal standards.
Financial Services Regulation Analyst: Graduates can work for government agencies, regulatory bodies, or financial institutions, analyzing financial regulations, drafting legal documents, and advising on compliance issues related to actuarial practices, financial reporting, and risk management frameworks.
Risk and Compliance Manager: Graduates can pursue careers as risk managers or compliance officers in corporate firms, ensuring adherence to legal and regulatory requirements. They assess financial risks, develop risk mitigation strategies, and oversee compliance with industry standards and legal frameworks.
Legal Consultant in Financial Planning: Graduates may work as legal consultants in financial planning firms, providing advice on wealth management, retirement planning, estate planning, and taxation strategies. They integrate actuarial analysis with legal expertise to optimize financial outcomes for clients.
Government Policy Advisor: Graduates with a focus on policy analysis can work as legal advisors or policy analysts for government departments, shaping public policy on financial regulation, insurance reform, consumer protection, and economic development.
Corporate Governance Specialist: Graduates can specialize in corporate governance roles, ensuring transparency, accountability, and ethical practices within organizations. They advise boards of directors on legal compliance, risk management strategies, and corporate governance best practices.
Legal Researcher in Financial Law: Graduates may pursue careers as legal researchers or academics, conducting research on financial law, insurance law, economic regulation, and corporate governance. They contribute to legal publications, policy briefs, and academic journals, influencing legal scholarship and practice.
Entrepreneurship: Graduates with entrepreneurial ambitions can establish their own legal consulting firms, offering specialized services in actuarial analysis, legal advice, risk management, or compliance solutions to businesses, individuals, or government agencies.
