Course Overview

About This Course

Melbourne Business School's Master of Actuarial Science is the fastest graduate pathway to prepare you for the actuarial profession. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques and data. They will be problem solvers capable of explaining, applying and critically evaluating the use of actuarial models, particularly in relation to insurance and superannuation. The Master of Actuarial Science is designed to provide non-actuarial graduates with their initial education in actuarial studies. It's suitable for graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering).

Eligibility

Entry Requirements

Requirements

Designed for non-actuarial graduates seeking initial education in actuarial studies
Suitable for graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering)
Commonwealth Supported Places (CSPs) available
Access Melbourne entry scheme is available

Career & Study Pathways

Where this takes you

Career Opportunities

Graduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute, preparing them for the actuarial profession particularly in relation to insurance and superannuation.

Quality & Recognition

Accreditation & Migration

Accreditation Details

Academic Regulator

TEQSA

Professional Body

Actuaries Institute of Australia

Accreditation Status

Accredited

Skills Assessor

Actuaries Institute

Common Questions

Frequently Asked Questions

Is the Master of Actuarial Science accredited by any professional body?

Yes. The Centre for Actuarial Studies is a registered Centre of Actuarial Excellence (CAE), accredited by the Society of Actuaries (SOA) — the highest level of recognition the SOA offers to universities. Additionally, students who perform to a high enough standard are able to start working towards Part I of the professional requirements of the Actuaries Institute.

Who is the Master of Actuarial Science designed for?

The Master of Actuarial Science is designed to provide non-actuarial graduates with their initial education in actuarial studies. It is suitable for graduates who have mathematical or statistical specialisations, such as mathematics, physics or engineering.

How long does the Master of Actuarial Science take to complete?

The course takes 1.5 years to complete full time, or 3 years part time, and is delivered on campus at Parkville with an intake in March.

Can I study electives outside of actuarial science in this program?

Yes. Students can develop a diverse skillset by taking electives from other disciplines, such as economics, finance, management, or business practicum subjects.

Are Commonwealth Supported Places available for this course?

Yes, Commonwealth Supported Places (CSPs) are available for the Master of Actuarial Science at the University of Melbourne.

Application

How to Apply

Three simple steps to get enrolled

Step 01

Enquire

Click "Enquire Now" and tell us a little about yourself. It's free and takes 2 minutes.

Step 02

Submit Documents

Our team will guide you on exactly which documents to prepare and submit.

Step 03

Get Enrolled

Receive your offer letter and confirm your enrolment. Welcome to the course!

Processing time: Offer letter issued within approximately 1 business days.

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