What is the difference between the Bachelor of Actuarial Science and the Bachelor of Commerce (Actuarial Studies major)?

The Bachelor of Actuarial Science and the Bachelor of Commerce (Actuarial Studies major) both provide the opportunity for Foundation Program subject exemptions and allow elective study in other Monash disciplines and programs.

Their course rules and entry requirements are different in the following ways:

• Bachelor of Commerce includes core units from all Business School departments including Accounting, Banking and Finance, Economics, Econometrics and Business Statistics, Management and Marketing. Students can progress to an Actuarial Studies major which includes some units required for Foundation Program subject exemptions. Students can elect further units required to complete all the Foundation Program units.
• Bachelor of Actuarial Science focuses on all units required for Foundation Program subject exemptions, with more electives available. Students can elect to specialise in Actuarial Studies or Actuarial Analytics or to study in other programs and disciplines.
• A higher ATAR entry requirement applies for the Bachelor of Actuarial Science than the Bachelor of Commerce.