Bachelor of Actuarial Studies/Bachelor of Commerce (CRICOS course code 080469M) is a Bachelor Degree delivered by The University of New South Wales (UNSW) over 4 years. Located in Sydney, NSW, this dual qualification combines actuarial science with commerce, preparing students for careers in finance, insurance, and risk management. As a CRICOS-registered course (provider code 00098G), it meets Australian Government standards for international students. UNSW is a leading Group of Eight university, and this program offers work-integrated learning opportunities. Australia has over 1,500 CRICOS-registered providers offering more than 26,000 courses, and this Bachelor Degree (AQF Level 7) is in the field of Banking, Finance and Related Fields. The indicative total cost is A$237,500, and the course includes a 10-week work component. All information is sourced from the official CRICOS register (April 2026).
This combined degree allows students to gain expertise in actuarial studies and commerce, covering areas such as probability, statistics, economics, accounting, and finance. Graduates are equipped for roles as actuaries, financial analysts, and risk managers. The course is registered on CRICOS with code 080469M, ensuring quality assurance under the ESOS Act. UNSW is a Group of Eight university, consistently ranked high globally. The program is designed to meet professional accreditation standards, leading to the Actuaries Institute's Part I and Part II exemptions. With strong industry connections, students benefit from guest lectures and networking events. The dual qualification provides a competitive edge in the job market, combining quantitative and business skills. International students are protected by the ESOS framework, which guarantees tuition protection and complaint resolution mechanisms. All CRICOS-registered providers must comply with national standards for international education.
The field of education is 08 - Management and Commerce, specifically 0811 - Banking, Finance and Related Fields, and 081103 - Insurance and Actuarial Studies. Students learn to analyze financial risks, model insurance systems, and apply quantitative methods to complex business problems. The dual qualification develops analytical and business skills, preparing graduates for the Actuaries Institute's accreditation pathway. Core subjects include actuarial models, stochastic processes, financial mathematics, and corporate finance. Electives allow specialization in areas like investment management, data analytics, or economics. The curriculum integrates theoretical knowledge with practical applications through case studies and projects. Graduates are trained to interpret data, make informed decisions, and communicate insights effectively. This field is in high demand globally, with strong employment prospects in Australia's finance and insurance sectors. UNSW's faculty includes leading researchers and industry practitioners, ensuring up-to-date content.
The course duration is 4 years full-time, equivalent to 208 weeks on the CRICOS register. The language of instruction is English. As a dual qualification, students receive two bachelor degrees upon completion: Bachelor of Actuarial Studies and Bachelor of Commerce. This provides a broader skill set and enhanced career prospects compared to a single degree. The program is typically undertaken on campus at UNSW Kensington, with face-to-face lectures, tutorials, and seminars. Some subjects may be available in online or blended modes. The 4-year structure allows for a comprehensive study of both disciplines, including compulsory and elective courses. Students are expected to commit approximately 40 hours per week to classes and independent study. The CRICOS duration reflects the standard full-time load for international students to maintain visa compliance. UNSW offers academic support services to help students succeed.
Indicative tuition fee: A$233,500 for the entire program. Non-tuition fees (such as student services and amenities): A$4,000. Estimated total: A$237,500. These fees are sourced from the CRICOS register as at April 2026 and are subject to change. Overseas Student Health Cover (OSHC), living costs, and the visa application charge are NOT included. In Sydney, indicative weekly expenses: share house rent A$280–400, groceries A$60–100, public transport A$40–50. Students should budget at least A$25,000–30,000 per year for living costs. Always confirm current fees on UNSW's official website before applying. UNSW offers scholarships for eligible international students. The CRICOS register ensures fee transparency, but institutions set their own tuition rates. HeadStart Academy does not charge referral fees; all data is provided as a free resource.
IELTS 6.0–6.5 overall (no band below 5.5–6.0). Prior qualification: completion of Australian Year 12 or international equivalent with strong mathematics (e.g., Mathematics Advanced or Extension). Alternative English tests like TOEFL or PTE may be accepted. Foundation/pathway options are available through UNSW Global for students who do not meet direct entry requirements. Specific prerequisite subjects may apply; check with UNSW's admissions team. International students must also meet the Genuine Temporary Entrant (GTE) requirement. Academic entry criteria vary by country; UNSW provides country-specific minimum scores. Some applicants may need to complete a pre-requisite bridging program. All requirements are subject to change, so always refer to the provider's website. HeadStart Academy provides general guidance only; contact UNSW for definitive entry requirements. CRICOS registration means the institution is approved to enroll international students.
Yes, this course includes a mandatory work component: 10 weeks, 15 hours per week (~150 total hours). This is a work-integrated learning (WIL) placement, typically an internship or industry project with a company in the finance, insurance, or banking sector. It provides practical experience and networking opportunities, enhancing employability upon graduation. The placement may be paid or unpaid, depending on the organization. Students receive academic credit for the work component. UNSW's Career & Employability team assists in securing placements. The WIL experience allows application of theoretical knowledge to real-world challenges. International students are eligible to participate, subject to visa work conditions. The 48 hours per fortnight work limit does not apply if the placement is part of the course. This component is integral to the degree and helps meet professional accreditation requirements.
The course is delivered at UNSW Kensington Campus in Sydney, NSW. Sydney is Australia's largest city with a vibrant student population of over 300,000 international students. Public transport via buses, trains, and light rail connects the campus to the city center (approx. 20 minutes). The campus features modern facilities, libraries, and accommodation options. Sydney has a high cost of living, but the city offers diverse cultural experiences and job opportunities in finance and insurance. Over 1,500 CRICOS providers operate across Australia, with many in Sydney. The New South Wales government supports international education with scholarships and events. Students are protected under the ESOS Act, ensuring quality education and consumer rights. The Kensington campus is located near the suburbs of Randwick and Coogee, popular with students.
International students require a Student visa (Subclass 500) to study this course in Australia. Visa conditions include maintaining full-time enrollment (26 contact hours per week? No, but maintain satisfactory attendance and progress), holding OSHC, and meeting the Genuine Temporary Entrant (GTE) criterion. Work rights: 48 hours per fortnight during term, unlimited during scheduled breaks (subject to visa conditions). Family members on a dependent visa (Subclass 500 with family) can work 48 hours per fortnight as well. The visa application charge is currently A$710+ (subject to change). Financial capacity: must demonstrate sufficient funds for tuition, living costs (at least A$24,505 per year), and travel. OSHC is mandatory for the duration of the visa. For detailed advice, consult a registered migration agent (MARA) or visit the Department of Home Affairs. HeadStart Academy does not provide immigration advice.
Follow these three steps to apply for Bachelor of Actuarial Studies/Bachelor of Commerce at UNSW: 1. Research CRICOS-registered providers: Use HeadStart Academy to filter by course level (Bachelor Degree), field (Management and Commerce), and city (Sydney). Compare courses and check CRICOS registration status (00098G). 2. Apply directly to UNSW: Prepare your academic transcripts, English test scores (e.g., IELTS 6.5), personal statement, and supporting documents. Check application deadlines (typically February and July intakes). Submit via UNSW's online application system. Some applicants may need to complete a foundation program through UNSW Global. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, UNSW issues a CoE. Use this to apply for the visa online through ImmiAccount. Include evidence of OSHC, GTE statement, and financial capacity. Visa processing times vary; apply early. HeadStart Academy provides this guide as a free resource; always verify details with official sources.
Studying actuarial studies in New South Wales offers access to Australia's largest financial hub in Sydney. The state has over 200 CRICOS-registered providers, including top universities like UNSW. The average yearly living cost for international students in Sydney ranges from A$25,000 to A$30,000, covering rent, food, transport, and miscellany. Sydney's public transport system (Opal card) connects campuses to the city, beaches, and suburbs. The ESOS Act ensures your tuition is protected if the provider closes. Actuarial graduates are in demand in insurance, superannuation, and consulting firms. However, competition for entry-level roles is strong. Consider the 4-year commitment and the high tuition fees. UNSW offers career counseling and industry internships to boost your prospects. Compare this course with similar offerings at other NSW institutions using HeadStart Academy's search tools.
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Bachelor of Actuarial Studies/Bachelor of Commerce is a CRICOS-registered programme at The University of New South Wales (UNSW). 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.