Actuarial Studies major

62.5 points

Level 3: compulsory

• ACTL20001 Introductory Financial Mathematics
• ACTL20003 Stochastic Techniques in Insurance
• ACTL30003 Contingencies

Level 3: pick 2

• ACTL30002 Actuarial Modelling II
• ACTL30004 Actuarial Statistics
• ACTL30007 Actuarial Modelling III
• ACTL30008 Actuarial Analytics and Data I
• ACTL30009 Advanced Financial Mathematics

Level 1 and 2: take these first

• MAST20004 Probability
• MAST20005 Statistics

Where it can lead

What the Handbook says Actuarial Studies leads to, with official job information from the Australian Government's Your Career site.

• Actuary · Official job info: Actuary · Which subjects matter for an actuary?

Industries

general insurance, life insurance, reinsurance, health insurance, superannuation, banking and financial services, consulting, government

Further study

• Honours/Master's (ACTL40012/ACTL90019)

Accreditation route: Actuaries Institute

High marks in the matching subjects earn exemptions from the Actuaries Institute Foundation Program (not full accreditation). The route needs two extra Level 2 electives and the Actuarial Risk Management specialisation.

Required: ACTL20005, ACTL20006, ACTL30002, ACTL30004

Recommended: ACTL10001, MAST10008, ACTL30008

From the Handbook · checked 2026-10-23

From the 2026 University of Melbourne Handbook. Check it before you enrol.