How to become an excellent Australian actuary

The demand for professional actuaries in Australia and the world is rising rapidly, and the demand for professional actuaries in medical insurance, venture capital, financial services institutions and state and federal governments is rising. In addition, experts studying in Australia have learned that actuaries can also play a role in environmental protection, genetics, information technology, e-commerce, telecommunications and other industries. Actuaries are not only scarce senior professionals, but also one of the occupations in short supply for Australian immigrants, and one of the occupations with the highest starting salary for Australian graduates. It can be said that the employment prospects of actuaries are immeasurable.

So how do you become an actuary when applying for studying in Australia?

The steps are as follows:

First, apply for a bachelor's degree in actuarial science from an Australian university-a student member of the Association of Actuaries.

Second, apply for an honorary bachelor's degree in actuarial science from an Australian university-AIAA, a member of the Association of Actuaries.

Any two of the three or five specialized courses.

4. 1 year recognized practical work experience.

Five-day or two-day intensive lecture vocational course ―― actuary FIAA

Australian actuarial courses:

Bachelor of actuarial science

The Department of Finance and Applied Statistics offers a bachelor's degree in actuarial science. The general academic system is three years. School starts in February every year. The total score of IELTS is 6.5, and the single item shall not be less than 6.0. Education requires that you must complete the first-year courses (including undergraduate and junior college courses) recognized by the Ministry of Education of China with excellent results; Or complete the 12 grade course in Australia; Or complete the Australian preparatory course with excellent results; There are higher requirements for mathematics.

Through the study of bachelor's degree in actuarial science, graduates can work in banks, governments and other institutions, and engage in financial risk assessment and management, debt management, insurance brokerage, consulting and top management.

Honorary bachelor degree in actuarial science

On the basis of completing the actuarial bachelor's degree course, complete the fourth year actuarial honorary bachelor's degree course. The general requirements are the same as "actuarial bachelor's degree course". Experts studying in Australia said that students who want to complete the second part of the Australian Institute of Actuaries need to study an honorary bachelor's degree in actuarial science or an independent postgraduate course.

Master of Actuarial Science

The general educational system is one year/two years. School starts in February every year. The total score of IELTS is 6.5, and the single item shall not be less than 6.0. The average score of 2 1 1 college students is required to be above 75, and the average score of non-21/college students is above 85.

The academic background requirements are as follows:

1. Applicants must have an Australian bachelor's degree or equivalent, and the average score for obtaining a bachelor's degree from an Australian university is above 65 (different institutions have different requirements);

2. Students who do not meet the above requirements are also eligible to apply if they have one year of full-time relevant work experience after graduation. However, the application of such students must be decided by the dean;

3. Students must have a mathematical foundation equivalent to the first year of college, including calculus and algebra. If students haven't taken these courses, they need to take the Mathematics Bridge course.

4. Students who can't meet the above requirements need to have at least one year of full-time relevant work experience after graduating from university.

Collected by Hongjing International, relevant information can be further understood.