Diploma of Mathematical Sciences  Actuarial Major Course Plans
The following are typical course plans for students in the Bachelor of Commerce with a major in Actuarial Studies combined with the Diploma of Mathematical Sciences with a major in Statistics and Stochastic Processes. It is possible to overload to complete both the Bachelor degree and the Diploma in less time. For other areas of major studies choose from commerce options.
MAST10005 Calculus 1 Stream For students with no (or ≤ 26 in ) VCE Specialist Mathematics or equivalent 
MAST10006 Calculus 2 Stream For students with 29 to 37 in VCE Specialist Mathematics or equivalent 
Accelerated Mathematics Stream For students with ≥38 in VCE Specialist Mathematics or equivalent 
Accelerated Mathematics Stream
Subjects counting towards the Diploma of Mathematical Sciences only
Subjects counting towards Bachelor degree only
Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences
Semester 1  Level 1 MAST10008 Accelerated Mathematics 1 
Level 1 Introductory Microeconomics 
Level 1 Accounting Reports and Analysis 
Level 1 Principles of Finance 

Semester 2  Level 1 MAST10009 Accelerated Mathematics 2 
Level 1 Introductory Macroeconomics 
Level 1 Introductory Financial Accounting 
Level 1 Breadth  nonmathematics & statistics 
Semester 3  Level 2 MAST20004 Probability 
Level 2 Organisational Behaviour 
Level 2 Financial Maths I 
Level 2 Business Finance 
Semester 4  Level 2 MAST20005 Statistics 
Level 3 MAST30001 Stochastic Modelling 
Level 2 Financial Maths II 
Level 2 Intermediate Macroeconomics 
Semester 5  Level 3 MAST30025 Linear Statistical Models 
Level 3 Actuarial Modelling I 
Level 3 Financial Maths III 
Level 3 Actuarial Modelling II 
Semester 6  Level 3 Actuarial Statistics 
Level 3 Contingencies (25 points) 
Level 3 Models for Insurance and Finance 

Semester 7  Level 3
MAST30020 Probability & Statistical Inference 
Level 3
Maths/Stats Major (nonstatistics option) 
Breadth 
Breadth  nonmathematics & statistics 
MAST10006 Calculus 2 Stream
Subjects counting towards the Diploma of Mathematical Sciences only
Subjects counting towards Bachelor degree only
Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences
Semester 1  Level 1 
Level 1 Introductory Microeconomics 
Level 1 Accounting Reports and Analysis 
Level 1 Principles of Finance 

Semester 2  Level 1 
Level 1 Introductory Macroeconomics 
Level 1 Introductory Financial Accounting 
Level 1 Breadth  nonmathematics & statistics 
Semester 3  Level 2 MAST20004 Probability 
Level 2 MAST20026 Real Analysis 
Level 2 Organisational Behaviour 
Level 2 Financial Maths I 
Semester 4  Level 2 MAST20005 Statistics 
Level 3 MAST30001 Stochastic Modelling 
Level 2 Financial Maths II 
Level 2 Intermediate Macroeconomics 
Semester 5  Level 3 MAST30025 Linear Statistical Models 
Level 3 Actuarial Modelling I 
Level 3 Financial Maths III 
Level 3 Actuarial Modelling II 
Semester 6  Level 3 Contingencies (25 points) 
Level 3 Actuarial Statistics 
Level 3 Models for Insurance and Finance 

Semester 7  Level 3 MAST30020 Probability & Statistical Inference 
Level 3 Maths/Stats Major (nonstatistics option) 
Level 2 Business Finance 
Breadth  nonmathematics & statistics 
MAST10005 Calculus 1 Stream
Subjects counting towards the Diploma of Mathematical Sciences only
Subjects counting towards Bachelor degree only
Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences
Semester 1  Level 1 MAST10005 Calculus 1 
Level 1 Introductory Microeconomics 
Level 1 Accounting Reports and Analysis 
Level 1 Principles of Finance 

Semester 2  Level 1 MAST10006 Calculus 2 
Level 1 Introductory Macroeconomics 
Level 1 Introductory Financial Accounting 
Level 1 Breadth  nonmathematics & statistics 
Summer  Level 1 MAST10007 Linear Algebra 

Semester 3  Level 2 MAST20004 Probability 
Level 2 MAST20026 Real Analysis 
Level 2 Organisational Behaviour 
Level 2 Financial Maths I 
Semester 4  Level 2 MAST20005 Statistics 
Level 3 MAST30001 Stochastic Modelling 
Level 2 Financial Maths II 
Level 2 Intermediate Macroeconomics 
Semester 5  Level 3 MAST30025 Linear Statistical Models 
Level 3 Actuarial Modelling I 
Level 3 Financial Maths III 
Level 3 Actuarial Modelling II 
Semester 6  Level 3 Contingencies (25 points) 
Level 3 Actuarial Statistics 
Level 3 Models for Insurance and Finance 

Semester 7  Level 3 MAST30020 Probability & Statistical Inference 
Level 3 Maths/Stats Major (nonstatistics option) 
Level 2 Business Finance 
Breadth  nonmathematics & statistics 