Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, you'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

Bachelor of Actuarial Studies (3 years)

<p>Established in 1964, Macquarie University began as a bold experiment in higher education. Built to break from traditions: to be distinctive, progressive, and to be transformational. Today our pioneering history continues to be a source of inspiration as we celebrate our place among the best and brightest minds.</p>
<p>Recognised internationally, Macquarie University is consistently ranked in the top two per cent of universities in the world* and within the top 10 in Australia*.</p>
<p>Our research is leading the way in ground-breaking discoveries. Our academics are at the forefront of innovation and, as accomplished researchers, we are embracing the opportunity to tackle the big issues of our time.</p>
<p>Led by the Vice-Chancellor, Professor S Bruce Dowton, Macquarie is home to four faculties. The newest - Faculty of Medicine and Health Sciences - was formed in 2014. We are also home to some of Australia's most exceptional facilities - hubs of innovation that unite our students, researchers, academics and partners to achieve extraordinary things.</p>
<p>Discover our story.</p>
<p><em>*Shanghai Jiao Tong Academic Ranking of World Universities</em></p>

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Recognised internationally, Macquarie University is consistently ranked in the top two per cent of universities in the world* and within the top 10 in Australia*.

Macquarie University

<h3 id="capital" tabindex="0">Capital</h3>
<p>Sydney is the capital of New South Wales (NSW). The city of Sydney is located on the eastern coast of NSW.</p>
<h3 id="population" tabindex="0">Population</h3>
<p>NSW has the highest population of any state in Australia, with 7.95 million residents as of March 2018.</p>
<p>Roughly 64.5% of the state's population live in Greater Sydney.</p>
<p>NSW has the fastest growing population in Australia growing by roughly 106,100 people annually. Greater Sydney and Newcastle have the highest population densities in the state, with 391 and 423 people per square kilometre.</p>
<h3 id="culture" tabindex="0">Culture</h3>
<p>More than 275 different languages are spoken and 144 religions are practised in NSW. Almost a third of NSW residents were born overseas, while 37% had both parents born overseas. NSW's top five fastest-growing migrant groups are from Asia.&nbsp;</p>
<h3>Aboriginal people in NSW</h3>
<p>New South Wales has Australia&rsquo;s largest population of Aboriginal Australians.</p>
<p><a data-entity-type="node" data-entity-uuid="9a65002e-2803-4de3-a782-8a9ecbaa9e70" href="https://www.nsw.gov.au/topics/aboriginal-culture-and-heritage" title="Aboriginal culture and heritage">Find out more about Aboriginal culture and heritage</a></p>
<h3 id="geography-of-nsw" tabindex="0">Geography of NSW</h3>
<p>The state of NSW is divided by natural features into four distinct geographical sections.</p>
<h4>The Coast</h4>
<p>A thin coastal strip stretching along 1460 km from the subtropical Northern Rivers region near Queensland, through the mid-north Coast, Hunter, Sydney, Illawarra and Shoalhaven down to the cooler far south coast.</p>
<h4>The Mountains</h4>
<p>The Great Dividing Range, which includes the Snowy Mountains, the Northern, Central and Southern Tablelands, the Southern Highlands, and the South West Slopes. Although these mountains aren't steep, many peaks rise above 1000 metres high, and they are one of the oldest mountain chains on earth.</p>
<h4>The Central Plains</h4>
<p>The cultivated central plains spread 500 km from east to west and are the agricultural powerhouse of the NSW economy due to the rich, fertile soil and adequate water supply.</p>
<h4>The Western Plains</h4>
<p>The arid Western Plains cover more than two thirds of the state, though they are sparsely populated compared to the coastal regions. The land is fertile but has low levels of rainfall and inadequate river systems.</p>
<p><a href="https://www.visitnsw.com/destinations" class="is-external" target="_blank" rel="noopener">Find out more about visiting and exploring NSW regions</a></p>
<p><a href="https://www.resourcesandgeoscience.nsw.gov.au/miners-and-explorers/geoscience-information" class="is-external" target="_blank" rel="noopener">Learn more about the geology and geotrails of NSW</a></p>
<h3 id="councils-in-nsw" tabindex="0">Councils in NSW</h3>
<p>There are many local government councils within NSW. Each local council&nbsp;provides a range of services to you every day, such as roads and footpaths, rubbish collection services, libraries and community centres, water and sewer, community services and events, planning and infrastructure, and recreation facilities.</p>
<p><a href="https://www.olg.nsw.gov.au/public/local-government-directory/" class="is-external" target="_blank" rel="noopener">Find out more about local government councils</a></p>
<h3 id="economy" tabindex="0">Economy</h3>
<p>At more than half-a-trillion dollars, NSW is Australia&rsquo;s largest state economy. The state has a diversified, service driven economy.</p>
<p>The industries that are the largest contributors to the economy are:</p>
<p>a. business services (which includes financial services, real estate services and information media and telecommunications)<br />b. construction<br />c. manufacturing<br />d. health<br />e. education.</p>
<p>The largest areas of employment are:</p>
<p><br />a. health<br />b. retail trade and professional services<br />c.scientific and technical services.</p>
<p><a href="https://www.treasury.nsw.gov.au/nsw-economy/about-nsw-economy" class="is-external" target="_blank" rel="noopener">Find out more about the NSW economy</a></p>
<h4>Credit rating</h4>
<p>NSW has been assessed to have the highest possible credit rating, AAA, by both Moody&rsquo;s and Standard &amp; Poor&rsquo;s. NSW is one of only two states with a triple-A credit rating. This rating was given because of the state&rsquo;s strong, stable economy and financial management.</p>
<p>NSW has a strong institutional framework and a diverse economy, and is focused on investing in areas where it is most needed in order to strengthen our economy further.</p>
<p>Visit<span>&nbsp;</span><a href="https://www.treasury.nsw.gov.au/nsw-economy/about-nsw-economy/triple-credit-rating" class="is-external" target="_blank" rel="noopener">NSW Treasury</a><span>&nbsp;</span>to find out more about the Triple-A credit rating and what it means for the state's economy.</p>

New South Wales

Macquarie has always considered our students to be co-creators in their learning. One of the most exciting developments in our new curriculum is around your ability to study two degrees at once.

Undergraduate Courses in Macquarie University

Macquarie University

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Bachelor of Actuarial Studies (3 years)

Bachelor of Actuarial Studies and Bachelor of Applied Finance (4 years)

Bachelor of Actuarial Studies and Bachelor of Mathematical Sciences (4 years)