The degree Bachelor of Actuarial studies is offered through the School of Finance and Applied Statistics. Up to fifteen of the twenty-four courses in the three-year pass degree may be accepted by the Institute of Actuaries of Australia to give exemption from the eight Part I subjects of the examinations for Fellowship of the Institute. Although a three-year pass degree leading to the Bachelor of Actuarial Studies is available, completion of Part II subjects examined by the Institute can only be obtained by completing the four-year degree leading to the Bachelor of Actuarial Studies (Honours) or by separate postgraduate study. The program is highly prescribed. Interested students should consult the Convener of the Actuarial Program or the Faculty of Economics and Commerce.

ACT: Advanced Mathematics Extended major/minor at least 160 (recommended – Advanced Mathematics Extended double major)
NSW: HSC Mathematics Extension 1 with a minimum performance band of E3
QLD: Mathematics B and Mathematics C, with a grade of 'H' in each
SA/NT: Mathematics 1 (Double) and Mathematics 2 with a score of at least 15/20 in both subjects
TAS: Mathematics Stage 2 and Mathematics Stage 3 with a score of at least 15/20 in both subjects
VIC: Mathematical Methods 3&4 and Specialist Mathematics 3/4 with at least 36/50 in each subject
WA: Applicable Mathematics and Calculus with a score of at least 72/100
IB: Mathematics (HL) with at least 6