Metadata
Title
Programs and Courses
Category
courses
UUID
5408369171af47e4bacd87d838904f83
Source URL
https://programsandcourses.anu.edu.au/program/BACTS
Parent URL
https://study.anu.edu.au/apply/international-applications
Crawl Time
2026-03-11T01:13:29+00:00
Rendered Raw Markdown 
# Programs and Courses

**Source**: https://programsandcourses.anu.edu.au/program/BACTS
**Parent**: https://study.anu.edu.au/apply/international-applications

- Length
  3 year full-time
- Minimum
  144 Units

Admission requirements

- [ATAR
  92](http://www.anu.edu.au/study/atar-information)
- IB
  36
- [Which applies to me?](https://www.anu.edu.au/study/apply)

[Prerequisites](#prerequisites)

[Adjustment factors availability](#adjustment-factors)

- Academic plan
  BACTS
- Post Nominal
  BActSt
- CRICOS code
  028147F
- UAC code
  - [134403 (B Actuarial Studies)](http://www.uac.edu.au/)

- Mode of delivery
  - In Person
- Field of Education
  - Insurance and Actuarial Studie
- Academic contact
  - [Yunxi Hu](mailto:info.cbe@anu.edu.au)

[Find my double degree](https://programsandcourses.anu.edu.au/degree-builder/program-type/undergraduate/BACTS)

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Bachelor of Actuarial Studies

- [Introduction](#introduction)
- [Employment Opportunities](#employment-opportunities)
- [Career Options](#career-options)
- [Learning Outcomes](#learning-outcomes)
- [Inherent Requirements](#inherent-requirements)
- [Further Information](#further-info)
- [Additional Information](#additional-info)
- [Admission Requirements](#admission-requirements)
- [Prerequisites](#prerequisites)
- [Adjustment Factors](#adjustment-factors)
- [Scholarships](#scholarships)
- [Indicative Fees](#indicative-fees)
- [Program Requirements](#program-requirements)
- [Minors](#minors)
- [Elective Study](#electivestudy)
- [Study Options](#studyoptions)

## Program Requirements

The Bachelor of Actuarial Studies requires completion of 144 units, of which:

A maximum of 60 units may come from completion of 1000-level courses

A minimum of 18 units of 3000-level courses

A minimum of 12 units of courses tagged as Transdisciplinary Problem-Solving.

The 144 units must include:

72 units from completion of the following compulsory courses:

[ACST3032](https://programsandcourses.anu.edu.au/2026/course/ACST3032) Actuarial Data Analysis

[ECON1101](https://programsandcourses.anu.edu.au/2026/course/ECON1101) Microeconomics 1

[STAT1008](https://programsandcourses.anu.edu.au/2026/course/STAT1008) Quantitative Research Methods

[STAT2005](https://programsandcourses.anu.edu.au/2026/course/STAT2005) Introduction to Stochastic Processes

[STAT2013](https://programsandcourses.anu.edu.au/2026/course/STAT2013) Introductory Mathematical Statistics for Actuarial Studies

[STAT2014](https://programsandcourses.anu.edu.au/2026/course/STAT2014) Regression Modelling for Actuarial Studies

[STAT2032](https://programsandcourses.anu.edu.au/2026/course/STAT2032) Financial Mathematics

[STAT3032](https://programsandcourses.anu.edu.au/2026/course/STAT3032) Survival Models

[STAT3037](https://programsandcourses.anu.edu.au/2026/course/STAT3037) Life Contingencies

[STAT3038](https://programsandcourses.anu.edu.au/2026/course/STAT3038) Actuarial Techniques

[STAT3057](https://programsandcourses.anu.edu.au/2026/course/STAT3057) Risk Modelling 1

[STAT3058](https://programsandcourses.anu.edu.au/2026/course/STAT3058) Risk Modelling 2

\

6 units from completion of a course from the following list:

[ECON1100](https://programsandcourses.anu.edu.au/2026/course/ECON1100) Economics 1 (H)

[ECON1102](https://programsandcourses.anu.edu.au/2026/course/ECON1102) Macroeconomics 1

\

6 units from completion of a course from the following list:

[MATH1013](https://programsandcourses.anu.edu.au/2026/course/MATH1013) Mathematics and Application 1

[MATH1113](https://programsandcourses.anu.edu.au/2026/course/MATH1113) Mathematical Foundations for Actuarial Studies

[MATH1115](https://programsandcourses.anu.edu.au/2026/course/MATH1115) Advanced Mathematics and Application 1

\

12 units from completion of elective courses offered by ANU, which may include courses from the following list:

[BUSN1001](https://programsandcourses.anu.edu.au/2026/course/BUSN1001) Business Reporting and Analysis

[CBEA2001](https://programsandcourses.anu.edu.au/2026/course/CBEA2001) Australian Indigenous Perspectives in Business and Economics

[CBEA3001](https://programsandcourses.anu.edu.au/2026/course/CBEA3001) College of Business and Economics Special Industry Project (UG)

[CBEA3066](https://programsandcourses.anu.edu.au/2026/course/CBEA3066) Global Business Immersion

[CBEA3070](https://programsandcourses.anu.edu.au/2026/course/CBEA3070) ANU College of Business and Economics Internship Program

[FINM1001](https://programsandcourses.anu.edu.au/2026/course/FINM1001) Foundations of Finance

[FINM2001](https://programsandcourses.anu.edu.au/2026/course/FINM2001) Corporate Finance

[FINM2002](https://programsandcourses.anu.edu.au/2026/course/FINM2002) Derivatives

[FINM3003](https://programsandcourses.anu.edu.au/2026/course/FINM3003) Continuous Time Finance

[FINM3011](https://programsandcourses.anu.edu.au/2026/course/FINM3011) Investments

[MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) Mathematics and Applications 2

[MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116) Advanced Mathematics and Applications 2

A minimum of 48 units from completion of elective courses offered by ANU.

Students may choose to take two MATH courses instead of [MATH1113](https://programsandcourses.anu.edu.au/2026/course/MATH1113). The options are [MATH1013](https://programsandcourses.anu.edu.au/2026/course/MATH1013) / [MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) or [MATH1115](https://programsandcourses.anu.edu.au/2026/course/MATH1115) / [MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116). [MATH1013](https://programsandcourses.anu.edu.au/2026/course/MATH1013) / [MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) is recommended for students with the bare minimum of mathematical background for the Bachelor of Actuarial Studies or for those not confident in their mathematical ability. [MATH1115](https://programsandcourses.anu.edu.au/2026/course/MATH1115) / [MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116) is a higher level of [MATH1013](https://programsandcourses.anu.edu.au/2026/course/MATH1013) / [MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) and is recommended for those who are considering further mathematical study (for some later year MATH courses [MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116) is required). Should two MATH courses be chosen, one of [ECON1101](https://programsandcourses.anu.edu.au/2026/course/ECON1101) or [STAT1008](https://programsandcourses.anu.edu.au/2026/course/STAT1008) would need to move to the “Elective Course” position in the second semester of Year 1 to make room for a MATH course in the first semester of Year 1.

The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Actuarial Studies.

The below study plan includes all courses equivalent to the Actuaries Institute Foundation Program requirements, subject to continuing accreditation with the Institute.

## Minors

- [Finance](https://programsandcourses.anu.edu.au/minor/FINM-MIN)

## Elective Study

Once you have met the program requirements of your degree, you may have enough electives to complete an additional elective [major](http://programsandcourses.anu.edu.au/Search?Source=Catalogue&SearchText=&Search=&FiltersApplied=Majors&Careers[0]=Undergraduate&FilterByMajors=true&SelectedYear=2016&CollegeName=All+Colleges), [minor](http://programsandcourses.anu.edu.au/Search?Source=Catalogue&SearchText=&Search=&FiltersApplied=Minorss&Careers[0]=Undergraduate&FilterByMinors=true&SelectedYear=2016&CollegeName=All+Colleges) or [specialisation](http://programsandcourses.anu.edu.au/Search?Source=Catalogue&SearchText=&Search=&FiltersApplied=Specialisations&Careers[0]=Undergraduate&FilterBySpecialisations=true&SelectedYear=2016&CollegeName=All+Colleges).

## Study Options

|  |  |  |  |  |
| --- | --- | --- | --- | --- |
| Year 1 48 units | [ECON1101](https://programsandcourses.anu.edu.au/course/ECON1101) Microeconomics 1 6 units | [FINM1001](https://programsandcourses.anu.edu.au/course/FINM1001) Foundations of Finance 6 units | [BUSN1001](https://programsandcourses.anu.edu.au/course/BUSN1001) Business Reporting and Analysis 6 units | [STAT1008](https://programsandcourses.anu.edu.au/course/STAT1008) Quantitative Research Methods 6 units |
| [ECON1102](https://programsandcourses.anu.edu.au/course/ECON1102) Macroeconomics 1 6 units | [FINM2001](https://programsandcourses.anu.edu.au/course/FINM2001) Corporate Finance 6 units | [MATH1113](https://programsandcourses.anu.edu.au/course/MATH1113) Mathematical Foundations for Actuarial Studies 6 units | Elective Course 6 units |
| Year 2 48 units | [STAT2013](https://programsandcourses.anu.edu.au/course/STAT2013) Introductory Mathematical Statistics for Actuarial Studies 6 units | [STAT2014](https://programsandcourses.anu.edu.au/course/STAT2014) Regression Modelling for Actuarial Studies 6 units | [STAT2032](https://programsandcourses.anu.edu.au/course/STAT2032) Financial Mathematics 6 units | [FINM2002](https://programsandcourses.anu.edu.au/course/FINM2002) Derivatives 6 units |
| [STAT2005](https://programsandcourses.anu.edu.au/course/STAT2005) Introduction to Stochastic Processes 6 units | [STAT3037](https://programsandcourses.anu.edu.au/course/STAT3037) Life Contingencies 6 units | Elective Course 6 units | [FINM3011](https://programsandcourses.anu.edu.au/course/FINM3011) Investments 6 units |
| Year 3 48 units | [STAT3057](https://programsandcourses.anu.edu.au/course/STAT3057) Risk Modelling 1 6 units | [STAT3032](https://programsandcourses.anu.edu.au/course/STAT3032) Survival Models 6 units | [FINM3003](https://programsandcourses.anu.edu.au/course/FINM3003) Continuous Time Finance 6 units | Elective Course 6 Units |
| [STAT3058](https://programsandcourses.anu.edu.au/course/STAT3058) Risk Modelling 2 6 units | [STAT3038](https://programsandcourses.anu.edu.au/course/STAT3038) Actuarial Techniques 6 units | [ACST3032](https://programsandcourses.anu.edu.au/course/ACST3032) Actuarial Data Analysis 6 units | Elective Course 6 units |

## Admission Requirements

At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not guarantee entry into the program.

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors.

The University reserves the right to alter or discontinue its programs and change admission requirements as needed.

**Domestic applicants**

Before applying for a program, you should review the general information about [domestic undergraduate admission](https://www.anu.edu.au/domestic-undergraduate-admission) to ANU programs and how to apply, and the program-specific information below.

- Applicants with **recent secondary education** are assessed on:
  - completion of the Australian Senior Secondary Certificate of Education (AQF) or equivalent and the minimum [Selection Rank](https://study.anu.edu.au/study-options/cohort-profile-and-atar-information) (from their academic qualifications, plus any [adjustment factors](https://study.anu.edu.au/apply/domestic-undergraduate/anu-adjustment-factors)) requirement for this program; and
  - English language proficiency; and
  - any program-specific requirements listed below.
- Applicants with **higher education study** are assessed on:
  - previous higher education studies; or secondary education results if the applicant has completed less than one year full-time equivalent (1.0 FTE) of higher education; or the results from a tertiary preparation program; and
  - English language proficiency; and
  - any program-specific requirements listed below.
- Applicants with **vocational education and training (VET) study** are assessed on:
  - previously completed VET qualifications at [AQF](https://www.aqf.edu.au/) level 5 or higher (i.e. a Diploma or above); or secondary education results if the VET qualification is not completed; and
  - English language proficiency; and
  - any program-specific requirements listed below.
- Applicants with **work and life experience are assessed on:**
  - secondary education if the Australian Senior Secondary Certificate of Education (AQF) or equivalent was completed; or the [Work and Life Experience Based entry scheme](https://study.anu.edu.au/apply/domestic-undergraduate/how-apply/work-and-life-experience-based-entry); and
  - English language proficiency; and
  - any program-specific requirements listed below.

**International applicants**

Applicants who complete a recognised secondary/senior secondary/post-secondary/tertiary sequence of study will be assessed on the basis of an equivalent selection rank that is calculated upon application. A list of commonly observed international qualifications and corresponding admission requirements can be found [here](https://study.anu.edu.au/apply/undergraduate-program-indicative-entry-requirements). Applicants must also meet any program specific requirements that are listed below.

*Diversity factors & English language proficiency*

As Australia's national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe. If required, competitive ranking may further be confirmed on the basis of demonstrating higher-level English language proficiency.

Further information is available for [English Language Requirements for Admission](https://policies.anu.edu.au/ppl/document/ANUP_000408)

ATAR:
:   92

International Baccalaureate:
:   36

## Prerequisites

- ACT:

Required: Mathematical Methods (Major) / Further Mathematics (Major) / Specialist Mathematics (Major) / Specialist Methods (Major)

Recommended: Specialist Mathematics/Specialist Methods (Major/Minor)

- NSW:

Required: Mathematics Advanced or equivalent

Recommended: Mathematics Extension 1 or equivalent

- VIC: Mathematics Methods or equivalent
- QLD: Mathematics Methods or equivalent
- TAS: Mathematical methods/Mathematics Specialised/Mathematics 1 and II through U Tas/Both Mathematics 1 and II through UTAS/Both Advanced Calculus and Applications 1A and 1B through UTAS
- SA / NT: Mathematical Methods or equivalent
- WA: Mathematical Methods or equivalent
- IB: Mathematics: Applications and Interpretations HL/Mathematics: Analysis and Approaches SL or HL

## Adjustment Factors

Adjustment factors are combined with an applicant's secondary education results to determine their Selection Rank. ANU offers adjustment factors based on equity, diversity, and/or performance principles, such as for recognition of difficult circumstances that students face in their studies.

To be eligible for adjustment factors, you must have:

- achieved a Selection Rank of 70 or more before adjustment factors are applied
- if you have undertaken higher education, completed less than one year full-time equivalent (1.0 FTE) of a higher education program
- applied for an eligible ANU bachelor degree program

Please visit the [ANU Adjustment Factors](https://www.anu.edu.au/study/apply/anu-adjustment-factors) website for further information.

## Indicative fees

[Domestic](#indicative-fees__domestic)
[International](#indicative-fees__international)

Commonwealth Supported Place (CSP)

**For more information see:** <http://www.anu.edu.au/students/program-administration/costs-fees>

Annual indicative fee for international students
:   $56,120.00

**For further information on International Tuition Fees see:** <https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees>

## Fee Information

All students are required to pay the [Services and amenities fee](https://www.anu.edu.au/students/program-administration/fees-payments/services-amenities-fee) (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: <https://www.anu.edu.au/students/program-administration/fees-payments>

## Scholarships

ANU offers a wide range of [scholarships](http://students.anu.edu.au/scholarships/) to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the [Scholarships](http://students.anu.edu.au/scholarships/) website.

Are you a maths whiz who wants stimulating work, limitless potential and an ever growing salary? This is the esteemed degree that will make you a thought leader in a wide variety of areas. With an ANU Bachelor of Actuarial Studies, you can excel in your career literally anywhere in the world. Risk is all around us - in investment markets, on the roads, from our health and the climate. This degree will teach you how to apply your mathematical talent in understanding, measuring and managing these risks. Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.

## Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

## Employment Opportunities

Actuaries work in a wide variety of areas, often in positions of seniority in a business. Examples of the job titles associated with actuarial studies are listed below:

**Investment analyst**

Trained to analyse the activities and future prospects and earnings of companies and securities for the purpose of investment.

**Investment manager**

Specialises in the investment of a portfolio of securities on behalf of individuals and/or organisations subject to the guidelines and directions of the investor.

**Liability manager**

Engaged by holders of liabilities, such as insurance companies, banks or superannuation funds, to advise on appropriate payment strategies and organisational structures to meet a stream of obligations.

**Consultant**

Offer their professional services for a fee, provide a wide range of services, including; advice on financial decisions, independent valuations, design of insurance funds, and future financial planning strategies.

**Data analyst**

Processes and investigates large of amounts of data for or on behalf of organisation, in order to solve business problems and take advantage of business opportunities.

**Senior manager**

In addition to the roles described above, many actuaries successfully move into high-level administrative and management positions. Their broad training reflects the strong interdisciplinary nature of the actuarial profession, which mixes the need for strong theoretical skills with the need for sound practical intuition.

## Learning Outcomes

1. Utilise concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations.
2. Describe the fundamental concepts of micro and macroeconomics.
3. Apply mathematical statistics, regression modelling and other advanced statistical techniques in various discipline backgrounds.
4. Describe and apply stochastic processes, survival models and their application in actuarial contexts.
5. Using a diverse range of discipline backgrounds and varied data, model and value cashflows dependent on death, survival, illness, retirement, and other contingencies.
6. Apply risk modelling techniques across a variety of financial contexts.

## Inherent Requirements

Information on inherent requirements is currently not avaiable for this program.

## Further Information

**Accreditation**

The Bachelor of Actuarial Studies enables students to undertake a sequence of accredited courses that satisfy certain educational requirements of the Actuaries Institute. For more information visit the ANU [Actuaries Institute exemption policy page](https://cbe.anu.edu.au/about/professional-organisations-and-accreditation/actuaries-institute-requirements). The ANU is also a designated Centre of Actuarial Excellence for the Society of Actuaries (US) and is accredited to grant credit for their exams under the University Earned Credit (UEC) program. For more information visit the ANU [Society of Actuaries (SOA) page](https://cbe.anu.edu.au/about/professional-organisations-and-accreditation/society-actuaries-soa).

**Student Responsibility**

It is the student's responsibility to select electives in such a way that:

- they satisfy prerequisites for the corresponding course/s.
- they conform to the rules set out in [Programs and Courses](http://programsandcourses.anu.edu.au/) or if unsure seek advice from CBE Student Services.

It is the student's responsibility to select the courses appropriate for their program.

**Electives**

Students have 48 units of electives in a single degree program. No more than 10 courses at 1000 level.

**Assessing Degree Transfer Requests:**

For students wishing to transfer into the Bachelor of Actuarial Studies, in addition to the standard internal transfer processes (Procedure: Admissions (Coursework) clauses 34-38), the following mathematics requirements apply:

- Students with less than 48 units of study at ANU will be assessed based on their application to study at the university and their ability to meet the math requirements.
- Students with at least 48 units of study at ANU will have to achieve an appropriate GPA and have completed both [MATH1013](https://programsandcourses.anu.edu.au/2026/course/MATH1013) and [MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) (with an average mark of at least 75) or [MATH1113](https://programsandcourses.anu.edu.au/2026/course/MATH1113) (with a mark of at least 70) or both [MATH1115](https://programsandcourses.anu.edu.au/2026/course/MATH1115) and [MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116) (with an average mark of at least 65).

\

**Investments Course:**

The Investments course has been recoded from [FINM2003](https://programsandcourses.anu.edu.au/2026/course/FINM2003) to [FINM3011](https://programsandcourses.anu.edu.au/2026/course/FINM3011) (the [FINM2003](https://programsandcourses.anu.edu.au/2026/course/FINM2003) version has been disestablished). From 2025, students need to enrol in [FINM3011](https://programsandcourses.anu.edu.au/2026/course/FINM3011) to complete the Investments course.

Bachelor of Actuarial Studies

- [Introduction](#introduction)
- [Enrolment Status](#enrolment-status)
- [Electives](#electives)
- [Study Options](#study-options)
- [Academic Advice](#academic-advice)

[**Back to the Bachelor of Actuarial Studies page**](https://programsandcourses.anu.edu.au/program/BACTS)

The Bachelor of Actuarial Studies is offered through the Research School
of Finance, Actuarial Studies and Applied Statistics. You will learn how to combine
skills from mathematics, statistics, economics, and finance to assess,
evaluate and manage future financial risk, thereby addressing a wide
range of practical problems in long-term financial planning and
management. Actuarial skills are utilised in many areas, including
insurance, superannuation, investment, banking, and government.

## Single degree

In a Bachelor of Actuarial Studies single degree program you will study a total of 24 courses (144 units).  Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 24 courses across your whole degree. \
\
You will need to complete a minimum of 14 CBE courses (84 units) but will also get to choose 10 courses (60 units) from other ANU Colleges.  You can try a range of courses or take a major or minor in a non-CBE subject, the choice is yours.  \
\
Please note that in the suggested study plan, Finance courses are listed as suggested electives in order to maximise a student's chances at meeting the Actuaries Institute of Australia Foundation Exemptions \

\

## Double degree

In a double degree
program you will study a total of 14 core CBE
courses (84 units) and 2 elective
courses (12 units) towards the Bachelor of Actuarial Studies, and a further 16 or 24 courses (96 or 144 units)
towards the second degree.  \
\
Typically, you will take
4 courses per semester (total of 24 units) as a full time student giving you a
total of 32 or 40 courses (192 or 240 units) across your whole double
degree.  However, for each semester you are likely to take 2 courses from
your Actuarial Studies degree and 2 courses
from the other half of your double degree - totalling 4 courses a semester.

**Please note that in a double degree it may not be possible to gain full exemptions from IAAust Part I requirements (as you can only do 16 courses within the Bachelor of Actuarial Studies side), however you may meet the requirements by taking the additional courses as non-award study. Please contact CBE Student Services (info.cbe@anu.edu.au) if you wish to discuss this option.**

## Enrolment Status

It is possible to enrol in fewer
courses per semester but it will take you longer to finish your program and get
your degree. If you are an international student you must always be enrolled full-time in 24
units each semester, or have an approved [Reduced Study Load](https://www.anu.edu.au/students/program-administration/program-management/reducing-your-study-load-as-an-international-student-coursework).

## Important things to keep in mind when choosing your 1000-level courses

When you enrol for the first time you will study ‘1000-level’
courses. These courses have ‘1’ as the first number in their course
code, such as [ECON1101](https://programsandcourses.anu.edu.au/2026/course/ECON1101), and are typically referred to as 'First Year Courses'.\
\
Please also note that:\

- You need to enrol in courses for both First Semester and Second Semester.

- In your first year, you cannot study more than four courses (24 units) per semester, eight for the year.

- You
  may take 1000-level courses later in your program.  There is a maximum of 10 courses (60 units) of
  1000-level courses in a single degree, and a maximum of 8 courses (48 units) of
  1000-level courses in the CBE half of a double degree.

- You can change your enrolment in courses via self enrolment up until the Monday of Week 2.

## Electives

You can use your
electives to enrol in any courses that you like, provided you meet prerequisite
requirements.

Remember that you can
choose up to 10 ANU wide elective courses if you are
undertaking the single Bachelor of Actuarial Studies degree.  If you are in a double degree, you can choose 2 ANU wide elective courses.

\

## Study Options

### Bachelor of Actuarial Studies

This is a typical study plan for the first year of a student undertaking a Bachelor of Actuarial Studies, commencing Semester 1

## Study Options

|  |  |  |  |  |
| --- | --- | --- | --- | --- |
| Year 1 48 units | [ECON1101](https://programsandcourses.anu.edu.au/course/ECON1101) Microeconomics 1 6 units | [FINM1001](https://programsandcourses.anu.edu.au/course/FINM1001) Foundations of Finance 6 units | [BUSN1001](https://programsandcourses.anu.edu.au/course/BUSN1001) Business Reporting and Analysis 6 units | [STAT1008](https://programsandcourses.anu.edu.au/course/STAT1008) Quantitative Research Methods 6 units |
| [ECON1102](https://programsandcourses.anu.edu.au/course/ECON1102) Macroeconomics 1 6 units | [FINM2001](https://programsandcourses.anu.edu.au/course/FINM2001) Corporate Finance 6 units | [MATH1113](https://programsandcourses.anu.edu.au/course/MATH1113) Mathematical Foundations for Actuarial Studies 6 units | Elective course 6 units |

### Bachelor of Actuarial Studies - Double Degree

This is a typical study plan for the first year of a student undertaking a Bachelor of Actuarial Studies degree with another degree, such as the Bachelor of Arts (degree B), commencing Semester 1

## Study Options

|  |  |  |  |  |
| --- | --- | --- | --- | --- |
| Year 1 48 units | [ECON1101](https://programsandcourses.anu.edu.au/course/ECON1101) Microeconomics 1 6 units | [STAT1008](https://programsandcourses.anu.edu.au/course/STAT1008) Quantitative Research Methods 6 units | Degree B course 6 units | Degree B course 6 units |
| [FINM1001](https://programsandcourses.anu.edu.au/course/FINM1001) Foundations of Finance 6 units | [BUSN1001](https://programsandcourses.anu.edu.au/course/BUSN1001) Business Reporting and Analysis 6 units | Degree B course 6 units | Degree B course 6 units |

## Academic Advice

You may choose to take two MATH courses instead of [MATH1113](https://studyat.anu.edu.au/2013/courses/MATH1113;details.html).  The options are [MATH1013](https://studyat.anu.edu.au/2013/courses/MATH1013;details.html)/[1014](http://programsandcourses.anu.edu.au/course/MATH1014) or [MATH1115](https://studyat.anu.edu.au/2013/courses/MATH1115;details.html)/[1116](http://programsandcourses.anu.edu.au/course/MATH1116). \
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[MATH1013](https://studyat.anu.edu.au/2013/courses/MATH1013;details.html)/[1014](http://programsandcourses.anu.edu.au/course/MATH1014)
is recommended for students with the bare minimum of mathematical
background for the Bachelor of Actuarial Studies or for those not
confident in their mathematical ability.  [MATH1115](https://studyat.anu.edu.au/2013/courses/MATH1115;details.html)/[1116](http://programsandcourses.anu.edu.au/course/MATH1116) is a higher level of [MATH1013](https://studyat.anu.edu.au/2013/courses/MATH1013;details.html)/[1014](http://programsandcourses.anu.edu.au/course/MATH1014) and is recommended for those who are considering further mathematical study.  \
\
Should two MATH courses be chosen, the second course (either [MATH1014](https://programsandcourses.anu.edu.au/2026/course/MATH1014) or [MATH1116](https://programsandcourses.anu.edu.au/2026/course/MATH1116)) will be taken as an elective.  Please discuss your amended study plan with the CBE Student Services Team (info.cbe@anu.edu.au) to ensure you are able to progress though the degree. \
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If after reading
through these guidelines you are unsure about your which courses to enrol in,
you can email info.cbe@anu.edu.au

If you are seeking
status (credit) from previous study at another university you will need to
submit a copy of your official transcript, detailed course outlines and a
completed credit application form. For further information about the process
and links to the application form, please visit:  <https://cbe.anu.edu.au/current-students/student-guides-and-forms/apply-credit/exemption>

Additional advice for
commencing students can be found at:  <https://www.cbe.anu.edu.au/fasttrack>  \
\

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