Macquarie's Actuarial Studies Co-op Program for partners

Macquarie's Actuarial Studies Co-op Program for partners

Bachelor of Actuarial Studies with Professional Practice (Honours)

Our Actuarial Studies Co-op program is a highly competitive course in which high-achieving students alternate between classroom studies and workplace experience in the form of three placements of three to six months each. By offering talented students professional experience within your workplace, you’ll not only gain fresh perspectives from the brightest young minds, but also foster their comprehensive education and career preparation.

Co-op partners

We’re delighted to be partnering with the following organisations for the Actuarial Studies Co-op program.

Current Actuarial Studies Co-op partners

TALEYFinityNDIS
PWCZurichMacquarie

Anjali Satheeth

2019 Actuarial Studies Co-op Student

“The Co-op Program enhances my university experience by providing placements with some of Australia’s leading companies thereby improving my professional skills and increasing my employability.”

Anjali Satheeth

2019 Actuarial Studies Co-op Student

“The Co-op Program enhances my university experience by providing placements with some of Australia’s leading companies thereby improving my professional skills and increasing my employability.”

Program Structure

Students alternate between classroom studies and workplace experience in the form of placements, one up to three months and two longer placements up to six months over a four-year course. These workplace experiences will offer opportunities for students to develop professional skills and networks and bring their practical experience back to the classroom to further enhance their studies.

Students will graduate with practical knowledge, strong professional networks and enhanced employability in their chosen field.

The table below gives an overview of the sequencing for placements in the Actuarial Studies Co-op program.

Bachelor of Professional Practice curriculum

The professional practice component of the program consists of four units taken over the course of the four-year Co-op program.

Year 1st year Session 2 1st year Session 3 3rd year Session 1 3rd year Session 2
BPP Unit Code PROF1001 PACE2001 PACE3001 PACE4099
BPP Unit Name Introduction to Professional Practice Professional Practice Placement 1 Professional Practice Placement 2 Advanced Professional Practice and Reflection
Delivery Classroom-based, career identity, professional expectations In coordination with 3 month placement In coordination with 6 month placement In coordination with 6 month placement
Credit Points 10 cp 10 cp 30 cp 30 cp

Sponsorship

The Co-op program relies on support from partners. Partners have the opportunity to support students financially through a sponsorship package that helps them during their four-year course.

Partners provide scholarship funding of $20,000 plus GST per annum over four years to support one place in a cohort.

Partners can support one or more student places in a cohort and can sponsor consecutive or alternate cohorts. In addition to contributing to a scholarship fund, sponsors host three students from a cohort on placements.

Co-op scholarship value

Students receive a scholarship of $19,600 per year for the duration of the four-year course. These highly competitive scholarships are awarded on the basis of academic merit and an assessment of students’ motivation, qualities and skills.

How are Co-op students selected?

Co-op students are selected based on academic merit and an assessment of their motivation, qualities and skills.

Applicants must meet all the criteria:

  • completing or have completed the HSC (or equivalent)
  • be expecting or have achieved a minimum of Band 4 for HSC Mathematics Extension 2, or equivalent
  • show a genuine interest and motivation to enter the actuarial profession
  • be active in school and/or community activities
  • be able to demonstrate exceptional communication, teamwork, problem solving, innovation, service and leadership skills
  • be an Australian/New Zealand citizen or permanent visa holder
  • be expecting or have achieved a minimum selection rank of 98.00 (which includes a maximum of 5 Educational Access Scheme adjustment points, if eligible).

Student applications are open from April to September.

Partner with us

To find out how you can engage with our brightest students, contact:

Judy Hutchison
Associate Director, Co-op and Internships
T: +61 2 9850 6485
E: judy.hutchison@mq.edu.au or coopandinternships@mq.edu.au

Back to the top of this page