UNSW Business School Undergraduate guide 2017 | Page 41

Areas of study

Accounting
Accounting is a key function
of business, and involves
the systematic recording,
reporting and analysis of
financial and non-financial
information. Accounting
guides investment decisions,
facilitates decision making,
and provides vital information
to stakeholders about an
organisation’s performance.
This major is suitable for
those wanting to become a
certified accountant.
Sample courses
Accounting and Financial
Management 1A
Accounting and Financial
Management 1B
Management Accounting 1
Corporate Financial
Reporting and Analysis
Issues in Financial Reporting
and Analysis
Management Accounting 2

Actuarial Studies

Business Analysis
& Valuation
Auditing and Assurance
Services

Studying Actuarial Studies
gives you the tools to assess,
evaluate and manage
financial and quantitative
risk. The discipline combines
studies in mathematics,
statistics, accounting,
economics and finance, and
applies them to financial risk
management in banking and
finance, funds management,
general insurance, health
insurance, life insurance, and
superannuation.

Career options
Accountant
Auditor
Business analyst
Financial analyst
Forensic accountant
Investment consultant
Management consultant
Tax consultant
Professional accreditation
With appropriate course
selections in accounting,
business law, economics,
finance, and taxation, you
can seek accreditation with
CPA Australia, Chartered
Accountants Australia &
New Zealand, and Institute
of Public Accountants.

Sample courses
Introduction to Actuarial
Studies
Foundation of Actuarial
Models
Financial Mathematics
for Actuaries
Probability and Mathematical
Statistics
Actuarial Models
and Statistics
Life Contingencies
General Insurance
Techniques
Asset Liability and
Derivative Models

Watch the videos on the
areas of study offered by
UNSW Business School.
business.unsw.edu.au/ugmajors

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Career options
Actuarial analyst
Funds manager
Insurance analyst
Investment management
analyst
Policy advisor
Risk analyst
Superannuation advisor
Wealth management analyst
Professional recognition
If you achieve the required
academic standard in the
actuarial studies courses,
you can gain exemptions
from Part I of the Actuaries
Institute’s professional
examinations as well as the
Core Technical (CT) subjects
of the Institute and Faculty of
Actuaries (UK) professional
examinations.
You can also gain
exemptions from Part II
of the Actuaries Institute’s
professional examinations
and become an Associate
member by further
completing an Honours year
in Actuarial Studies at the
required academic standard.