single degree

Graduate Certificate of Finance and Actuarial Statistics

A single graduate award offered by the ANU College of Business and Economics

CFASS
  • Minimum 24 Units
First year student? There’s more information about enrolling in your degree.
  • Academic plan CFAS
  • Post Nominal
  • CRICOS code 082257G
  • Mode of delivery
    • In Person
  • Field of Education
    • Banking Finance and Related Fi
  • Academic contact
  • Minimum 24 Units
First year student? There’s more information about enrolling in your degree.
  • Academic plan CFAS
  • Post Nominal
  • CRICOS code 082257G
  • Mode of delivery
    • In Person
  • Field of Education
    • Banking Finance and Related Fi
  • Academic contact

Program Requirements

The Graduate Certificate of Finance and Actuarial Statistics requires completion of 24 units, which must consist of:


24 units from completion of one of the following specialisations:

Finance

Actuarial Statistics

Actuarial Studies

Statistics

Specialisations

Admission Requirements

Applicants must present the following:

  • A Bachelor degree or international equivalent with a minimum GPA of 4.5/7.0

The GPA for a Bachelor program will be calculated from (i) a completed Bachelor degree using all grades and/or (ii) a completed Bachelor degree using all grades other than those from the last semester (or equivalent study period) of the Bachelor degree. The higher of the two calculations will be used as the basis for admission.

Ranking and English language proficiency: At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry. In line with the University's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors. Applicants will first be ranked on a GPA ('GPA1') that is calculated using all but the last semester (or equivalent) of the Bachelor degree used for admission purposes. If required, ranking may further be confirmed on the basis of:

  • a GPA ('GPA2') calculated on the penultimate and antepenultimate semesters (or equivalent) of the Bachelor degree used for admission purposes; and/or
  • demonstrating higher-level English language proficiency

Prior to enrolment in this ANU program, all students who gain entry will have their Bachelor degree reassessed, to confirm minimum requirements were met.

Further information: English language admission requirements and post-admission support

Diversity factors: As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.

Assessment of qualifications: Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met.

Where an applicant has more than one completed tertiary qualification, ANU will base assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au.

Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base assessment on the best GPA of all completed tertiary qualifications of the same level or higher.

ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications.

Annual indicative fee for domestic students
$18,760.00

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$24,015.00

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

Fee Information

All students are required to pay the Services and amenities fee (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

The Graduate Certificate of Finance and Actuarial Statistics is designed for students who wish to:

  • Develop a greater understanding of financial, actuarial or statistical principles and their application;
  • Gain Part II exemption status for the Institute of Actuaries;
  • Improve analytical skills for interpreting and analysing financial, actuarial or statistical information;
  • Increase management skills for dealing with organisations, teams and policy issues; and,
  • Expand their applied knowledge in various specialised areas of finance, actuarial studies or applied statistics.


Students who achieve a GPA of 4.5 for the Graduate Certificate of Finance and Actuarial Statistics with an appropriate specialisation may transfer to one of the RSFAS Masters Programs (Master of Applied Finance, Master of Finance, Master of Actuarial Studies, Master of Actuarial Practice, Master of Statistics).

Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

Learning Outcomes

  1. Recognise the important role of finance, actuarial or statistical principles and their application;

  2. Demonstrate the necessary analytical skills for interpreting and analysing financial, actuarial or statistical information;

  3. Justify and communicate the necessary management skills for dealing with organisations, teams and policy issues, so as to be able to work independently and collaboratively to collect, process, interpret and communicate the outcomes of financial, actuarial or statistical problems; and,

  4. Demonstrate the skills necessary to critically engage with and evaluate financial, actuarial or statistical problems.

Inherent Requirements

Information on inherent requirements is currently not available for this program

Further Information

ANU Short Course Scholarships

All Domestic applicants who receive an offer of admission to an eligible ANU Short Course will receive an ANU Short Course Scholarship. The ANU Short Course Scholarship will significantly discount the Fees of the program to the equivalent of the maximum Commonwealth Supported Student Contribution Amount. Indicative fee information can be viewed on the Admissions & Fees tab.

Back to the Graduate Certificate of Finance and Actuarial Statistics page

There are multiple possible combinations of courses, depending on the areas of interest for each student. Commencing students should discuss their study plan with the program convener.





Academic Advice

If you intend to use this program as a pathway to the Master of Actuarial Studies, Master of Actuarial Practice, Master of Statistics or Master of Statistical Data Analysis, please ensure you obtain advice from the Program Convener, Dr Robert Clark (robert.clark@anu.edu.au), before making any decisions regarding commencing the graduate certificate.


If you are using this program as a pathway to the Master of Finance, please ensure you meet with the Program Convener, Dr Anna von Reibnitz (anna.vonreibnitz@anu.edu.au) for advice.

 

Please refer to the CBE Fast Track page for other useful information regarding studying at ANU:
https://www.cbe.anu.edu.au/fasttrack 

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