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.
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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'll be able to draw on cross disciplinary perspectives to thrive in a broad range of settings.
Course structure
Double degree courses include the features of the component degree courses, except that electives may be reduced.
Commerce
The Bachelor of Commerce is a comprehensive course, structured in three equal parts. In the double degree course you complete the following two parts:
Part A. Commerce specified study
Part B. Commerce listed major (excludes Actuarial Science)
Actuarial Science
The Bachelor of Actuarial Science is a specialist course that develops through the themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience and elective breadth/depth study.
Part A. Foundation commerce knowledge
Part B. Specialist discipline knowledge
Part C. Capstone experience
For international students
At the time of enrolment in a course at Monash University, you must be at least 17 years of age.
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.
You need to achieve the minimum scores shown for any of the English language tests below.
IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0
Pearson Test of English (Academic): 58 Overall score, No PTE communicative skills score below 50
TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21
Paper-based TOEFL 550 Test of written English: 4.5
Cambridge English: Advanced (CAE) 176 No skill score below 169
Cambridge English: Proficiency (CPE) 176 No skill score below 169
Language requirements
4 Years - Full time
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Fee
A$52,200.00 (US$ 34,401) per year
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Start Date
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Address
Clayton Campus, Wellington Road, Clayton, Victoria, 3800, Melbourne, Australia
Finance Honours Grant
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Value of scholarship
AUD $6000 one-off payment.
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How to applay
No application required, all eligible students will be automatically assessed.
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Requierments
Commencing full-time in the Bachelor of Commerce (Honours) (B3701) degree majoring in finance at a Monash University campus in Australia. To retain this scholarship:
Recipients must maintain full-time enrolment.
You must achieve an average score of 75 in the four Honours units in Semester 1 in order to receive their Semester 2 payment.
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Who can applay
New Zealand, Australia, All international
Cochrane Scholarship
![Value of scholarship]()
Value of scholarship
A$6,000.00 (US$ 3,985) total value
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How to applay
Applications for Year 12 students are open 2 August - 8 October, submit a scholarship application through VTAC
For current Monash students, applications are open 17 January - 4 March apply directly to Monash.
Note: To be considered for this scholarship, you must have applied for a course and be offered a place at Monash.
This scholarship cannot be deferred.
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Requierments
You must meet the following criteria:
A person who is in Australia and currently on:
a Bridging Visa E, or
a Bridging Visa A and has applied for a Permanent Protection visa, or
a Temporary Protection Visa, or
a Safe Haven Enterprise Visa.
A commencing or continuing student enrolled or intending to enrol in any undergraduate degree in the Monash Business School at a Monash campus in Australia.
To retain this scholarship:
You must maintain a minimum Weighted Average Mark of 50 or above each semester
You can continue to receive the scholarship if your residency changes, however you will not be eligible to continue to receive tuition payments if you are changed to a Commonwealth Supported Place and are eligible to defer your fees, but you may continue to receive the allowance.
You may be asked to provide an annual progress report to donors, giving you an opportunity to share your experiences and benefits.