Bachelor of Actuarial Studies with the degree of Bachelor of Science (CRICOS course code 067842D) is a Bachelor Degree delivered by Macquarie University (Macquarie) over 4 years. This dual degree combines actuarial studies with a science component, preparing graduates for careers in finance, insurance, and data analytics. Offered at Macquarie University's Wallumattagal Campus at North Ryde in Sydney, this course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS), ensuring it meets Australian quality standards for international students. As a CRICOS-registered course, international students can apply for a Student visa (Subclass 500) to study this program. HeadStart Academy provides this information as a free resource to help you navigate your study options in Australia. With over 1,500 CRICOS-registered providers offering more than 26,000 courses, it's essential to choose a course that fits your goals. Macquarie University, a government-owned institution (CRICOS 00002J), is a trusted provider with a strong reputation in actuarial education.
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Bachelor of Actuarial Studies with the degree of Bachelor of Science (CRICOS course code 067842D) is a Bachelor Degree (AQF Level 7) delivered by Macquarie University (Macquarie) over 4 years. Classified under Mixed Field Programmes (129999), this program equips students with advanced mathematical, statistical, and analytical skills applied to risk assessment and financial modelling. Graduates are prepared for professional accreditation as actuaries and roles in banking, insurance, and investment. The course is delivered in English at Macquarie University's Wallumattagal Campus at North Ryde, Sydney. As a CRICOS-registered course, it ensures international students receive quality education under the ESOS Act protections. Macquarie University is a government-owned institution with a strong industry focus, offering access to Sydney's thriving financial district.
This field of education (Mixed Field Programmes, n.e.c.) combines interdisciplinary knowledge with specialised actuarial training. Students typically study probability, statistics, financial mathematics, economics, and data analysis, alongside a science component selected from areas such as mathematics, physics, or computer science. At the Bachelor Degree level, graduates develop critical thinking, problem-solving, and quantitative reasoning skills. The program includes core units in actuarial techniques, insurance, and risk management, with electives allowing customisation. While specific syllabus details are set by Macquarie University, the course structure aligns with professional actuarial standards. Graduates may pursue roles as actuaries, data scientists, or financial analysts in Australia and globally.
According to the CRICOS register, this course has a duration of 4 years (208 weeks). Instruction is in English. It is a single qualification (not a dual award) and does not include a foundation studies component. Full-time study is typical, but students should check with Macquarie University for any flexible study options. The course is classified as a Bachelor Degree (AQF Level 7) — the standard undergraduate level in Australia. International students must maintain full-time enrolment to comply with Student visa conditions.
The indicative tuition fee for Bachelor of Actuarial Studies with the degree of Bachelor of Science is A$199,300, with non-tuition fees of A$1,492, giving an estimated total of A$200,792. These figures are sourced from the CRICOS register as at April 2026 and are set by Macquarie University. Please note: fees are indicative only and subject to change. Always confirm current fees with Macquarie University at www.mq.edu.au. Additional costs not included: Overseas Student Health Cover (OSHC), living expenses, and the visa application charge. For a single international student, indicative living costs in Sydney are approximately A$25,000–A$30,000 per year (covering rent, food, and transport). Budgeting for OSHC (around A$500–A$600 per year) and visa fees (currently A$1,600) is essential.
International applicants typically need an IELTS overall score of 6.0–6.5 with no band below 5.5–6.0, or equivalent English test results. Prior qualifications expected include completion of Australian Year 12 or an overseas equivalent with strong mathematics background. Some students may enter via foundation or pathway programs — check with Macquarie University for specific pathway options. Additional requirements may include minimum academic grades and prerequisite subjects like mathematics. Always verify entry requirements directly with Macquarie University as they can change.
No work component. This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) can work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. Work opportunities can provide practical experience, but are not part of the curriculum.
This course is delivered at Macquarie University Wallumattagal Campus at North Ryde — Macquarie University, NSW. The campus is located in Sydney's North Shore, approximately 15 km from the CBD. Sydney is Australia's largest city with a diverse student population of over 200,000 international students. The campus is accessible via public transport, including trains and buses. Sydney's cost of living is higher than the national average, with indicative weekly rent for a one-bedroom apartment around A$500–A$600, groceries A$80–A$100, and a weekly public transport pass A$50. Macquarie University is one of over 1,500 CRICOS-registered providers nationally.
International students need a Student visa (Subclass 500) to study this course on a full-time basis. Visa requirements include: Confirmation of Enrolment (CoE), sufficient financial capacity (tuition, living costs, OSHC), English proficiency, and meeting the Genuine Temporary Entrant (GTE) criterion. Overseas Student Health Cover (OSHC) is mandatory for the visa duration. Student work rights: 48 hours per fortnight during term, unlimited during scheduled breaks. The Department of Home Affairs administers visas. For personalised advice, consult a registered migration agent (MARA). HeadStart Academy does not provide immigration advice.
Follow these three steps to apply for Bachelor of Actuarial Studies with the degree of Bachelor of Science at Macquarie University:
1. Research CRICOS-registered providers: Use HeadStart Academy to filter by course level (Bachelor Degree), field (Mixed Field Programmes), and location (NSW). Ensure the provider and course are CRICOS-registered.
2. Apply directly to your chosen institution: Visit Macquarie University's website (www.mq.edu.au) to review entry requirements, English tests accepted, and application deadlines. Submit your application with required documents (transcripts, English test results, personal statement).
3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, you'll receive a CoE. Use this to apply for your visa online via the Department of Home Affairs. Include OSHC evidence and financial documents.
Sydney offers a vibrant lifestyle with world-class beaches, cultural diversity, and a strong job market in finance and insurance — ideal for actuarial graduates. However, the cost of living is high. Sydney has over 200,000 international students across many universities and colleges. Consider your budget, climate preferences, and career goals. Macquarie University's North Ryde campus is well-connected to the city and business districts. For a balanced view, explore other cities like Melbourne or Brisbane via HeadStart Academy's guides.
Ready to apply? Start by researching CRICOS-registered courses on HeadStart Academy, then contact Macquarie University for current entry details.
Bachelor of Actuarial Studies with the degree of Bachelor of Science 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.