Are you wondering how you can apply your mathematical skills in an area that extends you and makes a difference to society? Do you want a degree from two globally respected institutions? Then this is the degree for you!

This program commences in July/August each year at National University of Singapore.

You will spend half of this four-year degree at the National University of Singapore and half of this degree at Australian National University receiving a world-class education at both institutions.

Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems. This will prepare them to be thought leaders in financial fields such as insurance, superannuation, investments and other areas of great importance to our futures.

Career opportunities for Actuaries graduates include

• Actuary-Investment Analyst
• Actuary-Fund Administrator/Investment Manager
• Liability Consultant/Liabilities Manager
• Actuarial Insurance Broker.

Learning Outcomes

1.  Utilise concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations
2. Interpret the accounts and financial statements of companies and financial institutions.
3. Describe the fundamental concepts of micro and macroeconomics.
4. Apply mathematical statistics, regression modeling and other statistical techniques to actuarial problems
5. Describe and apply stochastic processes, survival models and their application in actuarial contexts
6. Model and value cashflows dependent on death, survival, illness, retirement, and other contingencies
7. Apply risk modelling techniques across a variety of financial contexts
8. Analyse and interpret specific business situations so that the correct actuarial and other techniques can be applied
9. Utilise critical thinking to solve specific actuarial problems and communicate their results to a relevant audience