There are many different forms of insurance, ranging far beyond the coverage available to individuals to mitigate potential losses associated with automobile operation or medical bills. A student focusing on this subject should be prepared to take courses in mathematics, ethics and international policy.

Due to the numerous countries within Oceania, work occasions and work permit laws differ greatly, with data on opportunities in some nations being limited. Australia and New Zealand are the most advanced countries in the area.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.