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Actuary *

Last modified: November 07, 2011, 01:25 PM
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This is an ideal career for analytical thinkers. The job of an actuary involves analysing data, whether it be mathematical, statistical, demographic, financial or economic, so as to predict and calculate long-term risks regarding financial decisions and planning.

Qualifications & Leading Universities

To be a fully qualified actuary, you must ultimately become a Fellow of the Institute of Actuaries of Australia. In order to become a Fellow, the usual path is to complete actuarial subjects at a recognised university, and then undertake the professional exams conducted by the Institute.

Courses accredited by the Institute of Actuaries include the following: a Bachelor of Actuarial Studies at Australian National University; Bachelor of Commerce (Actuarial Studies) offered at the University of New South Wales; Bachelor of Commerce or Economics (Actuarial Studies) at Macquarie University; a Bachelor of Commerce, with a major sequence in Actuarial Studies, offered at the University of Melbourne; and a Bachelor of Actuarial Science at Curtin University of Technology. These universities have high tertiary entrance score, requiring 85+ to gain entrance and require strong performance in high school mathematics. All require at least three to four years full-time study.

The entry criteria for tertiary institiutions differs from year to year. The above comments are a guide only. To gain specific entry criteria either contact the relevant university or use Hobson's The Good University Guide.

Relevant Universities Colleges & TAFE

Careernav have trolled through all the universities, specialist colleges and TAFE’s across the nation to identify those courses we consider relevant to this career. We have only focussed on the core single degree and its full time period. We acknowledge many combination degrees are available and different students combine different degrees. Course names also differ by university and we have grouped like courses together. We may have missed the odd course being offered, so we recommend for a more detailed guide check with the universities direct or one of the university course guide books such as Hobson’s. Please note Careernav are totally impartial and do not recommend one tertiary institution over another. To view the A to Z of tertiary institutions that offer relevant courses for this career.

 

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Promoting Tertiary Institutions

All tertiary institutions have an open invitation to make available their course outline using the ‘For Institutions’ tab in the footer section of each page. From time to time universities, colleges or TAFE will take up Careernav’s offer to promote their courses and make available ‘Course Outline’ for your consideration. When an icon appears, consider its relevance and download the Course Outline on the one that interests you by clicking “I would like to learn more” at the end of the course profile

Our Privacy Policy confirms your contact details including your email address will remain in the strictest of confidence. If you would like your email details provided to selected tertiary institutions to talk further about the course you need to click the checkbox. Only then will Careernav invite the tertiary institution to accept your email address and facilitate contact between you and them.

About the Author

Institute of Actuaries of Australia

Institute of Actuaries of Australia

The Institute of Actuaries of Australia (Institute) is the sole professional body for actuaries in Australia. It is the public face of a learned profession, which represents the interests of its members within Government, the business community and the general public.The Institute directly influences government legislation that relates to the Life Insurance Act, Superannuation and other areas of actuarial interest.

Our vision is to position the profession so that wherever there is uncertainty of future financial outcomes, actuaries are sought after for their valued advice and authoritative comment.

The Institute fosters growth within the profession by providing pre-qualification education services to aspiring actuaries and conducts a program of continued professional development for its members.


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