Banking
Develop banking expertise to expand your actuarial career into financial institutions.
Benefits of the Banking microcredential
Australian banks operate in an increasingly complex environment of regulatory evolution, emerging risk types, and heightened governance expectations. From capital adequacy and liquidity management to climate risk and operational resilience, financial institutions need professionals who can apply rigorous analytical frameworks to multifaceted challenges.
Actuaries bring valuable quantitative and risk management capabilities to banking, but maximising your impact requires understanding the specific operational, regulatory and commercial context of financial institutions. This microcredential bridges that gap, providing banking-specific knowledge that complements your actuarial foundation.
Future-proof your career
Why the Banking microcredential?
Navigate complex regulatory frameworks
Develop expertise in interpreting and applying regulatory standards, capital adequacy requirements, and governance frameworks that shape banking operations and decision-making.
Master bank-specific risk measurement
Learn to identify, quantify and manage the distinct risk types facing banking institutions - from credit and liquidity risk to operational and emerging non-financial risks - using industry-standard methodologies.
Expand your financial services career
Ideal for actuaries looking to transition into banking roles, broaden their expertise beyond traditional actuarial practice areas, or deepen their impact in current banking positions.
Outcomes
Upon completion, you will be able to:
- Understand banking operations, balance sheet, products and pricing
- Describe the global regulatory landscape and corporate governance issues
- Identify and apply techniques to measure the main risks (credit, market, operations)
- Describe the key funding sources and analyse the associated pricing and economics
- Describe the key forms of bank capital and the principles and methods for liquidity and capital management.
Choose your study level
Certification options
Professional Certificate
For those who want to complete the full credential. Includes tutorials, subject materials, an assignment, and an exam. Takes 12 hours a week for 13 weeks. You’ll receive a Banking Professional Certificate digital badge and earn 312 CPD points.
Certificate
For those who want knowledge and a shareable credential. Includes tutorials, subject materials and receive a pass result for an assignment. Recommend you invest 7 hours a week for 13 weeks. You’ll receive a Banking Certificate digital badge and earn 182 CPD points.
Course Participation
For those with limited time who want to keep their knowledge and skills sharp. Includes tutorials, learning modules and subject materials. Recommend you invest 2 hours a week for 9 weeks. You’ll earn 36 CPD points.
Enrolment details and course prices
Key detailsIf you're currently completing your Fellowship Program with the Actuaries Institute or intend to, you should progress through the Fellowship Program principles subjects first, and then enrol in this microcredential, which is an Applications subject. | Banking microcredential$3,800 AUD GST exempt |
|---|---|
| Entry requirements | You must be a qualified actuary to study. See below for recommended background knowledge. |
| Semester 1 2026 enrolment dates | 15 December 2025 - 19 January 2026 |
| Semester 1 2026 study dates | 19 January 2026 - 1 May 2026 |
| Future dates | This microcredential is only available in Semester 1. |
| Learning platform | Canvas LMS |
| Learning materials | A combination of online written materials and videos. |
Recommended background knowledge
The Foundation and Actuary subjects that are directly relevant are:
- Actuarial Mathematics
- Business Finance
- Business Economics
- Actuarial Control Cycle
- Asset Liability Management.
Enrol for the next teaching period
The Banking microcredential equips you with knowledge that can be applied into financial institutions. All that's left is for you to choose the time and effort you want to invest in studying.
