Bachelor Programme
Actuarial Studies
Macquarie describes its Bachelor of Actuarial Studies as the world's first accredited actuarial degree, and the university is recognised as a Centre of Actuarial Excellence by the Society of Actuaries. Students apply mathematics, statistics and financial analysis to risk, insurance, superannuation and investment problems, taught by actuarial fellows and industry practitioners. Strong ties with employers such as the Big Four, Taylor Fry and Quantium bring internships and placements. With good results, graduates can gain exemptions from Actuaries Institute exams, and they work as actuaries, risk and insurance analysts, fund managers and underwriters.
University
Macquarie University
Country
Australia
Level
Bachelor
Field
Actuarial Science
Duration
3 years full-time (240 credit points)
Language
English
Campus
North Ryde campus, Sydney
Degree
Bachelor of Actuarial Studies (Macquarie course C000117, CRICOS 067838M)
Intake
February (Session 1) only
Application Deadline
International applicants apply directly to Macquarie through its Online Application Manager or through an authorised Macquarie representative (in some cases applications are only accepted through an agent), with certified copies of their passport, academic transcripts and English results. Applicants currently completing an Australian Year 12 qualification (in or outside Australia), the IB Diploma in Australia or NCEA Level 3 must apply through UAC instead. This course starts in Session 1 only. Closing date on the course page for 2027 (North Ryde): 8 February 2027 for Session 1, which starts 22 February 2027. Closing dates can vary by country, so Macquarie advises checking with your local representative and applying early to leave time for the student visa. UAC code: 300239.
Tuition Information
2027 estimated international fee (Macquarie course page): A$49,200 a year for a standard full-time load (A$615 per credit point), or roughly A$147,600 for the 240-credit-point degree at 2027 rates before yearly increases. Macquarie charges tuition per credit point, so the actual cost depends on the units you take and any credit for prior learning. Fees are reviewed every year and you pay the rate that applies in each year you study. The Student Services and Amenities Fee (SSAF), Overseas Student Health Cover (required for the student visa), textbooks and living costs are extra. Domestic students are offered Commonwealth Supported Places (CSP) and should check Macquarie's CSP fee page.
Admission Requirements
- Academic: a recognised senior secondary qualification (such as the NSW HSC or an equivalent Australian or overseas high school qualification), a recognised university foundation program, a recognised diploma, advanced diploma or associate degree, or at least one year of a recognised bachelor's degree. Macquarie recognises qualifications from more than 70 countries, and applicants who don't qualify for direct entry may get a packaged offer with a Macquarie University College foundation or diploma pathway
- International selection rank for 2027 entry: 95. This is the minimum academic requirement on the Australian ATAR scale; overseas results are converted with the international qualification converter on the course page, and meeting the rank does not guarantee a place
- Assumed knowledge: HSC Mathematics Extension 1 or equivalent (for IB applicants, Mathematics HL). Recommended studies: HSC Mathematics Extension 2 (Band E4) or equivalent (for IB, a 6 or 7 in Further Mathematics HL or Mathematics: Analysis and Approaches HL)
- English language (Macquarie's Competent standard for most undergraduate courses, scores from 1 March 2026): IELTS Academic 6.5 overall with at least 6.0 in reading, writing, listening and speaking; TOEFL iBT 86 (reading 18, writing 20, listening 17, speaking 20), or 4.5 overall with 4 in each skill on the new 1-6 scale; PTE Academic 60 (reading 51, writing 55, listening 50, speaking 54); Cambridge C1 Advanced or C2 Proficiency 180 with 169 in each skill; LanguageCert Academic 67 (reading 60, writing 64, listening 57, speaking 70); Duolingo English Test 125 (reading 110, writing 120, listening 110, speaking 110); OET is also accepted. Results must be less than two years old when the course starts. Applicants below the requirement may receive a packaged offer that includes an English program at Macquarie
- Professional recognition: recognised by the Actuaries Institute. With sufficient results in the relevant units, students may be exempt from Foundation Program subjects CM1, CM2, CS1, CS2, CB1 and CB2 and Actuary Program subjects ACC and DSP; Macquarie Business School is AACSB-accredited