Commerce and Actuarial Science - B2030

Commerce and Actuarial Science is a great combination and a great option if you have a passion for both areas and want to keep your career options open. This double degree enables you to study complementary subjects to further enhance your employability, and develop broad business skills and specialist knowledge in actuarial science.

This course leads to two separate degrees:

  • the Bachelor of Commerce, and
  • the Bachelor of Actuarial Science.

You will gain all the benefits of each degree course and be fully equipped to pursue a career in either field separately or to combine the two in your chosen work.

Your career options will depend on the combination of majors and minors that you choose, and will open up a diverse range of opportunities.

Wherever your choices may lead, a degree in Commerce and another in Actuarial Science will give you versatile and transferable skills that are relevant to a number of industries. The combination will also give you the skills that employers are looking for, such as communication, teamwork, research, critical thinking and cultural sensitivity - and you will be able to draw on cross disciplinary perspectives to thrive in a broad range of settings.

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At a glance

Course Details

Location
  • On-campus at Clayton: Full time
Duration
  • 4 years (full time)
Start date
First semester (February), Second Semester (July)
Qualification
Bachelor of Actuarial Science, Bachelor of Commerce
Course Handbook

View details specific to degree:

A double degree in Commerce and Actuarial Science could turn your love of numbers into a career in actuarial science, where you could balance risk and opportunity for companies, organisations, governments and people.

Entry Requirements

Entry Requirements (International students)

You need to satisfy all of the following requirements to be considered for entry into this course.

At the time of enrolment in a course at Monash University, you must be at least 17 years of age.

View all minimum age requirements.

All Monash undergraduate courses require you to have successfully completed a minimum of an Australian Year 12 qualification (or equivalent) and achieve the required academic entry score. Most Monash faculties generally use your most recent studies for admission however other guidelines may apply where your prior qualification may be considered.

Entry requirements for each qualification level are as follows:

All Monash undergraduate courses require you to satisfy English entry requirements in one of the following ways:

If your English test does not meet the above scores you may want to consider Monash English. Some Monash courses however do not accept Monash English.

The English measures outlined above must be completed within 3 years prior to the Monash course commencement date (other time limitations may apply as outlined in the Admission to Coursework Courses and Units Procedure). If you have completed several measures of English proficiency over a period of time, the highest valid measure will be accepted.

Monash University reserve the right to ask students to complete an English test to meet English course requirements upon request.

Further information can be located at English language requirements.

International students applying for a visa need to satisfy English requirements set by the Department of Home Affairs where these requirements and acceptable English tests differ from Monash University.

All Monash University undergraduate courses require you to have previously studied and achieved required Australian level standards in specific subject known as prerequisite subjects.

You must satisfy the following prerequisite subject requirements for this course:

*If you have completed an Australian Year 12 qualification you will be required to meet the prerequisite subject requirements that are equivalent to the VCE prerequisite subject requirements specified above.

Courses with maths and science prerequisite subjects

If the course you are applying for requires maths and/or science as prerequisite subjects, you can meet the requirements in the following ways:

  • Australian Year 12 or International Baccalaureate (IB) Diploma Programme:

    You must meet the maths and/or science prerequisite subject required for your chosen course as specified above (if applicable).

  • Other qualifications recognised by Monash:

    If you have completed maths and/or science subjects in the relevant discipline at the required grade level, it is assumed that you have knowledge equivalent to the Australian Year 12 (VCE equivalent) prerequisite subject required for your chosen course. It is strongly recommended that you check that you have covered the assumed knowledge required for your course by completing the Assumed Knowledge Skills Analysis.

    This online activity includes multiple-choice questions based on your prior studies and helps you identify areas for revision, so you can start your course feeling confident and prepared. Once you accept your Monash offer and set up your student account you can complete the Assumed Knowledge Skills Analysis before starting your course.

These guidelines do not apply to the Bachelor of Medical Science or Doctor of Medicine, or to courses that require a tertiary-level Physiology unit: Bachelor of Pharmacy (Honours) (Graduate Entry), and Bachelor of Pharmacy (Honours) and Master of Pharmacy (Graduate Entry).

Alternative pathways

If you don't satisfy the requirements for direct entry consider these pathway options.

Entry requirements for Monash University are subject to change.

The course structure and progression map can be viewed in the Handbook.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B2030

Apply

Semester two (July)

Apply directly to Monash using course code B2030

Apply

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer.

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page.

Fees

Fees are subject to change annually.

International fee

Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:

A$55,900

Scholarships

We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other fees

The Student Services and Amenities Fee applies to some students each calendar year.

Enrolment Obligations

International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.

CRICOS code: 097258E

International course guides

If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.

International Study Grants

International study grants

International Study Grants valued at up to $10,000