Department of Actuarial Studies and Business Analytics

Department of Actuarial Studies and Business Analytics

Department of Actuarial Studies and Business Analytics

Macquarie University is famous for its programs in actuarial studies and business analytics which prepare graduates for future leadership roles in the financial sector.

The fields of actuarial studies and business analytics are dynamic areas of study and research which are essential for the operation of a modern economy. Our teaching programs develop both knowledge and understanding alongside problem-solving and critical thinking skills. All that we do is informed by our research which is cutting edge and is published in the leading academic journals in our disciplines.

Macquarie University has been a leading provider of actuarial education for over fifty years. As the first university to be accredited with a professional actuarial body in the world, we have consistently delivered a first-class experience. Alongside the study of technical content which spans mathematics, statistics and analysis of big data, computing, finance, economics and actuarial science, students also create solutions to problems based on realistic case studies as well as developing their communication, technology and time management skills.

Consistent with Macquarie University's reputation for innovative programs, our degree in Business Analytics is the first such program in Australia, and one of only a handful around the world. Business Analytics is an applied integration of studies in Computer Science, Statistics and Economics combined with studies in Management, Accounting and Marketing so that graduates understand the context of real-life business problems. Our graduates use their "big data" skills to discover relationships and classify events and people, and then predict what happens next. They find well-rewarded jobs in financial institutions, consultancies, large retailers and distribution networks, government, and security organisations.

The department, through its research and teaching programs, is highly engaged with national and international scholars, industry professional bodies and businesses. These connections enhance our research and ensure our teaching programs deliver the vital skills for employability in an ever-changing world.

Professional accreditation

Macquarie University has an outstanding reputation for the provision of education and research in both actuarial studies and business analytics. As a result, by studying with us, you can be assured of quality through our various accreditations with the leading professional bodies.

Our professional accreditation is with the Actuaries Institute. Our programs are also recognised by the Institute and Faculty of Actuaries. The Department has also been recognised as a Center of Actuarial Excellence by the US-based Society of Actuaries.

Back to the top of this page