Bachelor of Psychology / Bachelor of Science in Financial and Insurance Mathematics (Dual Degree)

Monash University - Clayton Campus

Australia,Victoria

 0 Shortlist

48 Months

Duration

CAD 53,400/year

Tuition Fee

CAD 100

Application Fee

Feb 2026

Apply Date

Australia, Victoria

Type: University

Location Type: Urban

Founded: 1958

Total Students: 30,000 +

Campus Detail

Main Campus Address

Wellington Rd, Clayton VIC 3800, Australia

Bachelor of Psychology / Bachelor of Science in Financial and Insurance Mathematics (Dual Degree)

Program Overview

The Bachelor of Psychology component of your double degree is designed for those who wish to study psychology and understand the complexities of human behaviour and the biological, psychological and social factors that contribute to individual group and community processes. You will learn about how psychological, social and personality factors influence thinking and behaviour as well as how interventions can be applied to help people lead more satisfying and meaningful lives. This course is accredited by the Australian Psychology Accreditation Council (APAC). Your studies will enable you to pursue a career in a diverse range of fields including research, mental health and welfare, human resources, community services and counselling, education and health services. You could also undertake further steps to qualify to practice as a professional psychologist or pursue a career in counselling, welfare, social work, human resources, marketing or research.

The Bachelor of Science course will provide you with a broad, general science education, as well as specialist training in one or more science disciplines. The flexibility of the course and the wide range of majors and minors will allow you to explore new areas, further develop your strengths in science, and pursue your interests beyond the area in which you specialise. You will receive training in generic competencies - critical thinking, problem solving, quantitative and information literacy, communication and presentation skills, and the capacity to work in teams - and will develop knowledge and skills in at least one science discipline. This will ensure that you have a firm foundation for a career in science or in allied fields where scientific understanding and skills are central.

The Bachelor of Psychology and Science is designed for those with a passion for understanding human thoughts, feelings and behaviour, providing you with a comprehensive education in human psychology.

Through the duration of the course, you will build a strong foundational understanding of the core areas of psychology and equip yourself with the skills that will enable you to pursue diverse pathways into research, mental health and wellbeing, human resources, community services, counselling, education, and health services.


Major: Financial and insurance mathematics
Financial and insurance mathematics at Monash teaches the mathematical and statistical techniques for understanding and assessing risk in insurance and financial markets. As an expert in this field, you will be able to determine the likelihood of specific outcomes and develop strategies that allow businesses and governments to either pursue new business opportunities or insure against risks.

Taught jointly by the School of Mathematical Sciences and the Monash Business School, this major will equip you with the skills and sound mathematical knowledge that are in high demand in the insurance and financial industries.

During your studies, you will learn important techniques and processes of probability, statistics and stochastic processes. You'll develop the high-level critical thinking skills to interpret and solve a range of problems that arise in the finance and insurance context, including financial and risk models. You will also acquire the skills to communicate effectively to diverse audiences about financial and insurance processes and results.

 

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