Bachelor Programme
Actuarial Science
Monash's Bachelor of Actuarial Science trains students to measure and manage financial risk by applying mathematics and statistics to business problems. It builds on financial accounting, micro- and macroeconomics and economic statistics, then moves into corporate finance, debt markets and fixed-income securities, with specialisations in actuarial analytics or actuarial studies. It is accredited by the Actuaries Institute, giving a route to the Foundation Program of the Institute's professional qualification. Domestic students apply through VTAC; international students apply directly to Monash with course code B2033.
University
Monash University
Country
Australia
Level
Bachelor
Field
Business
Duration
3 years full-time
Language
English
Campus
Clayton
Degree
Bachelor of Actuarial Science
Intake
February (Semester 1), July (Semester 2)
Application Deadline
International applicants apply directly to Monash (course code B2033). There is no fixed closing date and applications are accepted all year, but Monash advises applying as early as possible: courses can fill months ahead, and student visas can take up to six months. Semester 1 teaching starts in early March 2027, Semester 2 in mid-July 2027. International students completing an Australian Year 12 or an IB Diploma in Australia apply through VTAC instead. Domestic applicants apply through VTAC. VTAC applications for 2027 courses: timely by 28 September 2026, late by 30 October 2026, very late by 4 December 2026, and for January round 2 and later by 13 January 2027. Semester 2 entry for domestic students depends on CSP availability (there was no domestic Semester 2 intake in 2026).
Tuition Information
2027 tuition for international students: A$59,140 per full-time year (48 credit points). Domestic students in a Commonwealth Supported Place (CSP) pay a 2027 average annual student contribution of A$12,500. The actual amount depends on the units taken, and fees are reviewed each year.
Admission Requirements
- International applicants (2027 intake): ATAR 90, GCE A Level score 12 or IB Diploma 33. Monash scores A levels from the best three subjects (or allowed A2/AS combinations), with A* and A both worth 5 points, B 4, C 3, D 2 and E 1, plus up to 1 bonus point for an A*
- Domestic applicants: 2026 lowest selection rank (ATAR plus adjustments) 92.30; lowest ATAR offered in 2026 91.30. The Monash Guarantee ATAR for 2027 is 86, for eligible equity applicants only (for example, those from regional or low-income backgrounds or under-represented schools)
- Prerequisites (VCE, or the equivalent in other qualifications): English: Units 3 & 4: a study score of at least 25 in English (EAL) or at least 25 in English other than EAL; Maths: Units 3 & 4: a study score of at least 25 in one of Maths: Mathematical Methods or Maths: Specialist Mathematics
- English language (Monash English Level A, where required): IELTS Academic 6.5 overall (listening 6.0, reading 6.0, speaking 6.0, writing 6.0); TOEFL iBT 79 overall (listening 12, reading 13, speaking 18, writing 21); or PTE Academic 58 overall (listening 50, reading 50, speaking 50, writing 50)
- Other qualifications (Monash Foundation Year, SAT/ACT, AP, Gaokao, HKDSE, Indian and Sri Lankan boards, and more) have their own 2027 minimums on the course page