Bachelor of Commerce and Bachelor of Actuarial Science
B2030BCom/BActSci
- Credit points
- 192
- Duration
- 4 yr full-time
- Qualification
- Level 7 - Bachelor Degree / Level 7 - Bachelor Degree
- Faculty
- Faculty of Business and Economics
- Campus
- Clayton
In this double degree you will learn to apply your thinking in a commercial capacity and develop the skills required to solve complex problems, while developing a depth of expertise in actuarial science. This gives you a unique skill set. For example, actuarial science provides the foundational understanding of finance and economics, but combined with majors in economics or finance you will have substantive knowledge across all three. Actuarial science will prepare you for a career as an actuary. To provide professional actuarial advice in Australia, and in most other developed countries, you must become a fellow of the local actuarial profession. This involves developing basic technical skills, learning how to apply these skills in a general setting, developing deep specialist knowledge and completing a professional course following two years' relevant work experience.
Structure
You must complete 192 credit points, of which 96 credit points are from the Bachelor of Commerce (including all the requirements in Parts A, B and C for the single degree) and 96 credit points are from the Bachelor of Actuarial Science (including all the requirements in Parts A, B and C for the single degree). In this double degree, you will complete one major in the Bachelor of Commerce (B2001) and one specialisation in the Bachelor of Actuarial Science (B2033). Where you have space in your degree you may complete an additional major. Some majors, minors and specialisations include the same units. Where this occurs, up to 12 credit points may be shared between: - two majors; or - a major and a minor; or - a specialisation and a major or minor. Note: Units can only count toward one minor. They cannot be shared across multiple minors. Specialist degree overlap: Some units in your specialist degree may overlap with your major. Where this occurs, up to 12 credit points from the Bachelor of Actuarial Science may also count towards your major in the Bachelor of Commerce component of your double degree. Core units overlap: In a double degree, some core units may appear in both courses. Where the same core units are required in both components of the double degree, you must complete other units in their place. You may replace up to six overlapping units. These units may be chosen from: - the Faculty of Business and Economics or from across the University (provided you have met the relevant prerequisites and there are no enrolment restrictions) - a 12 or 24 credit point project, international experience or internship; - Flagship Rich Educational Experiences (FREE); - a minor in another discipline.
You must complete 96 credit points, including all of the requirements in Parts A, Part B and Part C, for the Bachelor of Commerce. Notes: If you complete both the Actuarial studies specialisation (within the Actuarial Science component) and the Econometrics major (within the Commerce component), you cannot select the following units in your Econometrics major as you will complete these under the Actuarial Science component: • ETC3460 (completed in Part C. Specialist Studies) • ETC2440, ETC2520, and ETC3550 (completed in Part B. Discipline Studies) - If you complete the Actuarial studies specialisation (within the Actuarial Science component) and the Mathematical foundations of econometrics major (within the Commerce the component), you cannot select the following units as you will complete these under the Actuarial Science component: • ETC3430 and ETC3460 (completed in Part C. Specialist studies). - If you complete the Mathematical foundations of econometrics major (within the Commerce component) you cannot take ETC2440, as you will complete it under Part B: Discipline Studies of the Actuarial Science component. You must complete both ETC3410 and ETC3450 from the major's additional core units instead.
You must complete 96 credit points, including all of the requirements in Parts A, Part B, and Part C, for the Bachelor of Actuarial Science.