Bachelor of Commerce and Bachelor of Actuarial Science (CRICOS course code 086380E) is a Bachelor Degree delivered by Monash University (Monash) over 4 years. This double degree combines a broad business education with specialised skills in actuarial science—risk assessment, statistics, and financial modelling. As a CRICOS-registered course at a public Australian university (CRICOS 00008C), it meets the stringent quality standards required for international student enrolment. Monash is a Group of Eight (Go8) university and consistently ranks among the world's top institutions. This page provides detailed, up-to-date information on fees, entry requirements, delivery locations, and student visa steps, all sourced from the official CRICOS register as at April 2026. Australia offers over 26,433 CRICOS-registered courses across 1,556 providers, and this course stands out for its dual qualification in high-demand fields. Whether you're planning a career in finance, insurance, or data analytics, this degree can be your foundation. Continue reading for a comprehensive overview.
Bachelor of Commerce and Bachelor of Actuarial Science (086380E) is a Bachelor Degree (AQF Level 7) in the field of Management and Commerce (broad field 08, narrow field 0800, detailed field 080000). It is offered by Monash University (CRICOS 00008C), a government-funded university based in Melbourne, Victoria. The course runs full-time over 4 years (208 weeks) and is taught in English. It is a dual qualification, meaning you graduate with two separate bachelor degrees: a Bachelor of Commerce and a Bachelor of Actuarial Science. This structure allows you to develop complementary expertise across business, finance, and actuarial mathematics, enhancing your career prospects in sectors such as banking, consulting, insurance, and government. As a CRICOS-registered course, it provides international students with the confidence of meeting Australian Government standards for quality and consumer protection under the ESOS Act.
The course falls within the broad field of Management and Commerce, which covers the principles of business administration, finance, economics, accounting, and commercial law. At AQF Level 7 (Bachelor Degree), graduates are expected to have broad and coherent knowledge of a discipline, with depth in underlying principles and concepts. For this dual degree, students study core commerce subjects such as accounting, economics, management, and marketing, alongside actuarial science subjects including probability, statistics, financial mathematics, and risk modelling. The curriculum integrates theoretical foundations with practical applications, preparing graduates for professional roles in complex business environments. Note that this is a general description of the field of education; specific subjects and learning outcomes are determined by Monash University and should be confirmed on their website.
This course is scheduled for 4 years (208 weeks) according to the CRICOS register. It is delivered full-time and on-campus at Monash Clayton. The language of instruction is English. A dual qualification means you will meet the requirements for two bachelor degrees simultaneously, typically by integrating electives and core subjects across both disciplines. This can save time compared to completing two separate degrees sequentially. Monash University offers a range of support services for international students, including academic skills development and English language support. Full-time study is typically required to maintain compliance with student visa conditions.
Tuition fees for Bachelor of Commerce and Bachelor of Actuarial Science are indicative and set by Monash University. According to the CRICOS register (April 2026), the total tuition fee is A$244,541, with no mandatory non-tuition fees listed (A$0). The estimated total is thus A$244,541. These fees do NOT include Overseas Student Health Cover (OSHC), living costs, or the student visa application charge. OSHC is mandatory for international students and typically costs A$500–A$800 per year. Living expenses in Melbourne range from A$1,500–A$2,500 per month, depending on lifestyle and accommodation choices. For the most current and accurate fee information, always visit the official Monash University website (www.monash.edu.au). Fees are subject to change and should be confirmed before enrolment.
International students must meet English language and academic entry requirements. The CRICOS register indicates an IELTS overall score of 6.0–6.5, with no band below 5.5–6.0. This aligns with typical bachelor entry at Monash. Equivalent scores from other accepted tests (TOEFL, PTE, etc.) may also be considered. Academic requirements include completion of Australian Year 12 or an equivalent secondary qualification with results sufficient for admission. Monash may also require prerequisite subjects (e.g., mathematics for actuarial science). Foundation studies or pathway programs are available at Monash College for students who do not directly meet entry criteria. These requirements are general guidance only; exact thresholds and prerequisites are determined by Monash and should be verified on their admissions page.
This course does not include a mandatory work component. However, many students choose to undertake internships, industry projects, or part-time work to gain practical experience. 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 study breaks, subject to visa conditions. Work is not required to complete the course.
Bachelor of Commerce and Bachelor of Actuarial Science is delivered at Monash Clayton, located in Clayton, Victoria, Australia. Clayton is a suburb in Melbourne's south-east, approximately 20 km from the city centre. Monash Clayton is the university's largest campus, hosting over 30,000 students and offering extensive facilities including libraries, sports centres, and student accommodation. The campus is well-served by public transport: trains from Clayton Station connect to the city in about 30 minutes, and buses link the campus to surrounding suburbs. Melbourne has a large international student population (over 150,000) and vibrant multicultural communities. Indicative living costs in Melbourne: weekly rent A$200–$400, groceries A$80–$120, transport A$30–$50. For more details on studying in Victoria, see our <a href="/states/vic">Victoria student guide</a>.
To study this course, you will need a Student visa (Subclass 500). This visa allows you to stay in Australia for the duration of your course (plus a short period after). Key conditions include: maintaining full-time enrolment in a CRICOS-registered course, holding adequate Overseas Student Health Cover (OSHC), and demonstrating genuine temporary entrant (GTE) status. Student work rights are 48 hours per fortnight during study periods and unlimited hours during scheduled breaks. Financial capacity requirements include sufficient funds for tuition, living costs, and travel. For complete visa information, visit the Department of Home Affairs website or consult a registered migration agent (MARA). HeadStart Academy provides general guidance only; we are not registered migration agents.
Follow these three steps to apply for Bachelor of Commerce and Bachelor of Actuarial Science at Monash University: 1. Research CRICOS-registered providers: Use the CRICOS register to verify that Monash University (00008C) and this course (086380E) are approved for international students. Filter by course level, field, and location to confirm it meets your goals. 2. Apply directly to Monash University: Prepare your academic transcripts, English language test results (e.g., IELTS), and any other required documents. Check application deadlines (Monash typically has two intakes per year: Semester 1 in February and Semester 2 in July). Submit your application through the Monash online portal or via an authorised agent. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa: Once accepted, Monash will issue a CoE. With your CoE, apply online for a Student visa (Subclass 500) via the Department of Home Affairs. Ensure you meet GTE, OSHC, and financial requirements. Visa processing times vary, so apply early.
Choosing a double degree in commerce and actuarial science is a significant commitment. Here are key considerations: Career opportunities: Graduates can pursue roles as actuaries, financial analysts, risk managers, and consultants. The Actuaries Institute is the professional body for actuaries in Australia; membership may require further exams. Study load: A double degree typically involves more contact hours and a challenging curriculum, especially in mathematics. Time management is crucial. Location: Monash Clayton offers a vibrant campus life, but Melbourne's living costs are moderate compared to Sydney. Access to industry: Melbourne is a financial hub with many internships and job opportunities. Professional accreditation: The Bachelor of Actuarial Science may provide exemptions from some Actuaries Institute exams, depending on your subjects. Always confirm with the provider and professional bodies.
Ready to apply? Start by checking the CRICOS registration of Monash University (00008C) and this course (086380E). Then visit the Monash University website to begin your application.
Bachelor of Commerce and Bachelor of Actuarial Science is a CRICOS-registered programme at Monash University (Monash). 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.