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An Actuarial Science degree equips you to assess risks and opportunities in business environments, applying your insights to shape key economic frameworks in society. This program readies you to offer expert actuarial guidance in Australia and internationally. Develop skills to analyze risk and opportunity in business contexts, leveraging your discoveries to impact vital economic systems. Through a Bachelor of Actuarial Science, you'll master applying mathematical principles to real-world situations, using analytical abilities to assist organizations in strategic planning. As your mathematical and analytical expertise grows, you'll employ diverse concepts and data insights to address practical business challenges. If you're passionate about numbers and their influence on daily life, actuarial science can transform your interest into a rewarding professional path. Actuaries hold significant positions across various sectors—including insurance, retirement planning, financial services, scientific research, and engineering.
At the time of enrolment in a course at Monash University, you must be at least 17 years of age.
All Monash undergraduate courses require you to have successfully completed a minimum of an Australian Year 12 qualification (or equivalent) and achieve the required academic entry score.
You need to achieve the minimum scores shown for any of the English language tests below.
IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0
Pearson Test of English (Academic): 58 Overall score, No PTE communicative skills score below 50
TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21
Paper-based TOEFL 550 Test of written English: 4.5
Cambridge English: Advanced (CAE) 176 No skill score below 169
Cambridge English: Proficiency (CPE) 176 No skill score below 169