Bachelor Of Actuarial Studies

Are you a maths whiz who wants stimulating work, limitless potential and an ever growing salary? This is the esteemed degree that will make you a thought leader in financial fields. With an ANU Bachelor of Actuarial Studies you will excel your career literally anywhere in the world.Risk is all around us - in investment markets, on the roads, from our health and the climate. This degree will teach you how to apply your mathematical talent in understanding, measuring and managing the risks.Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.Career OptionsEmployment OpportunitiesThere are many attractive career opportunities for fully qualified actuaries in Australia. Some of the job titles associated with actuarial studies is listed below:Investment analystA financial expert trained to analyze the activities and future prospects and earnings of companies and securities for the purpose of investment.Fund administrator/investment managerA person employed by an organization that specializes in the investment of a portfolio of securities on behalf of individuals and/or organizations subject to the guidelines and directions of the investor.Liability managerA professional person engaged by holders of liabilities, such as banks or industry superannuation funds, to advice on appropriate payment strategies and organizational structures to meet a stream of obligations.Actuarial insurance brokerAn independent agent who values life, fire, accident and other forms of insurance for a range of insurance companies.ConsultantOffer their professional services for a fee, provide a wide range of services, including; advice on financial decisions, independent valuations, design of insurance funds, and future financial planning strategies.Senior managerIn addition to the roles described above, many actuaries successfully move into high-level administrative and management positions. Their broad training reflects the strong interdisciplinary nature of the actuarial profession, which mixes the need for strong theoretical skills with the need for sound practical intuition.Learning OutcomesTo develop grounding in financial mathematics and applications, including the time value of money, annuities, bond and loan calculationsTo develop the ability to interpret the accounts and financial statements of companies and financial institutions.To develop a grounding in mathematical statistics and regression modelingTo develop a grounding in stochastic processes, survival models and their application in actuarial contextsTo develop a grounding in the mathematical techniques used to model and value cash flows dependent on death, survival, illness, retirement, and other contingencies.To develop grounding in the advanced mathematics which has particular relevance to financial work, including risk theory, Bayesian statistics, generalized linear modeling, and time series techniques.To develop a grounding in the fundamental concepts of micro and macroeconomics.Career OptionsGraduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide. The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.