Bachelor of Actuarial Studies (CRICOS course code 067838M) is a Bachelor Degree delivered by Macquarie University (Macquarie) over 3 years. This course is designed for students seeking a career in actuarial science, risk management, and financial modeling. As a CRICOS-registered program (provider code 00002J), it meets Australian Government standards for international students. Macquarie University is a government-funded institution located in Sydney, NSW, offering world-class education in a vibrant campus environment. With over 1,500 CRICOS-registered providers in Australia and more than 26,000 courses available, this degree stands out as a pathway to the actuarial profession. Whether you aim to work in insurance, banking, or consulting, this program provides the quantitative and analytical skills required for success. Read on for details on fees, entry requirements, student visa information, and how to apply.
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The Bachelor of Actuarial Studies (CRICOS course code 067838M) is a three-year full-time undergraduate degree at AQF Level 7 (Bachelor Degree). It is offered by Macquarie University (CRICOS 00002J), a government-owned institution located in North Ryde, Sydney. This course falls under the field of Insurance and Actuarial Studies (081103), part of the Management and Commerce broad field. Students gain expertise in probability, statistics, finance, and economics, preparing them for professional actuarial exams and careers in risk assessment, superannuation, and investment. The program is taught entirely in English and does not include a mandatory work component, though students may undertake internships voluntarily. Macquarie University has a strong reputation for actuarial education, with industry connections and a dedicated actuarial studies department.
As a Bachelor of Actuarial Studies student, you will develop advanced mathematical and statistical techniques used to evaluate financial risk and uncertainty. The curriculum typically covers probability theory, stochastic modelling, financial mathematics, econometrics, and actuarial data analysis. You will also study financial markets, corporate finance, and insurance principles. Graduates are equipped to sit for professional exams offered by the Actuaries Institute Australia or equivalent international bodies. The field of insurance and actuarial studies is cognitive in nature, requiring strong analytical and problem-solving skills. At this level, you will learn to apply mathematical models to real-world problems in insurance, pensions, and investments. Macquarie University’s program is designed to meet accreditation standards, ensuring graduates are well-prepared for the profession.
According to the CRICOS register, the Bachelor of Actuarial Studies has a standard duration of 3 years (156 weeks) of full-time study. The language of instruction is English. This is a single qualification (no dual degree) and does not include a foundation studies component. Students are expected to attend classes at the Macquarie University Wallumattagal Campus at North Ryde. The program is not available online; all delivery is on-campus. International students must maintain full-time enrolment to comply with Student visa (Subclass 500) conditions. For specific semester dates and subject availability, consult Macquarie University’s website.
Tuition fees for this course are indicative and sourced from the CRICOS register as at April 2026. The total tuition for the 3-year program is approximately A$146,500. Additional non-tuition fees (such as student services and amenities) are estimated at A$1,119, bringing the estimated total to A$147,619. Please note: this does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. As a guide, international students in Sydney should budget around A$30,000–A$45,000 per year for accommodation, food, transport, and other living costs. Macquarie University may adjust fees annually; always check the provider's website for current tuition and fee schedules.
Entry requirements for the Bachelor of Actuarial Studies are set by Macquarie University. Typically, international students must have completed an Australian Year 12 qualification or equivalent with strong results in mathematics. For English proficiency, Macquarie University generally requires an IELTS overall score of 6.5 (with no band below 6.0) or equivalent. Some applicants may need a minimum 6.0 overall (with no band below 5.5) depending on their prior study. Students who do not meet direct entry may consider foundation or diploma pathway programs offered by Macquarie University or other CRICOS-registered providers. Always confirm specific academic and English language requirements with the institution before applying.
This course does not include a mandatory work component. There is no requirement for students to undertake an internship, professional placement, or work experience as part of the degree. However, students may choose to seek paid or unpaid work experience independently. International students on a Student visa (Subclass 500) are permitted to work up to 48 hours per fortnight during term and unlimited hours during scheduled holidays, subject to visa conditions and the ESOS Act.
The Bachelor of Actuarial Studies is delivered at Macquarie University's Wallumattagal Campus at North Ryde, in Sydney, NSW. Sydney is Australia's largest city, home to over 5 million people and a diverse student population of approximately 300,000 international students. The campus is located approximately 15 km northwest of the Sydney CBD, accessible by train (Macquarie University station) and bus services. The area has numerous accommodation options, with weekly rents ranging from A$250–$500 for shared housing or student apartments. Sydney also offers a vibrant cultural scene, beaches, and a strong job market. Macquarie University is one of many CRICOS-registered providers in NSW (over 200), making Sydney a popular study destination.
International students enrolled in this course require a Student visa (Subclass 500). Key conditions include: maintaining enrolment in a CRICOS-registered course, meeting attendance and academic progress requirements, and holding valid Overseas Student Health Cover (OSHC) for the duration of the visa. Work rights allow up to 48 hours per fortnight during semesters and unlimited hours during scheduled breaks. Visa applicants must demonstrate genuine temporary entrant (GTE) intentions, sufficient financial capacity, and English proficiency. The Department of Home Affairs assesses each application individually. For personalised advice, consult a registered migration agent (MARA). All CRICOS courses are protected under the ESOS Act, ensuring tuition protection and refund rights.
Follow these three steps to apply for the Bachelor of Actuarial Studies at Macquarie University: 1. Research CRICOS-registered providers: Use HeadStart Academy’s free database to filter by course level (Bachelor Degree), field (Insurance and Actuarial Studies), and location (NSW). Compare providers, course structures, and fees. 2. Apply directly to your chosen institution: Visit Macquarie University’s website (mq.edu.au) to review specific entry requirements, academic prerequisites, and English test scores. Submit your application through the university’s online portal before the deadline. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa: Once accepted, Macquarie will issue a CoE. With the CoE, apply for a Student visa (Subclass 500) via the Department of Home Affairs. Include proof of OSHC, financial capacity, and GTE statement. Visa processing times vary.
Ready to apply? Research similar courses and providers on HeadStart Academy's free database. Visit Macquarie University's website for application details.
Bachelor of Actuarial Studies is a CRICOS-registered programme at Macquarie University (Macquarie). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.