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104 weeks
On campus (Parkville)
Full time / Part time
March
Course Overview
Where You Can Study
Melbourne
234 St. Kilda Road, Southbank, VIC 3006
Student Information
Tuition Fee
Commonwealth Supported Places (CSPs) available
Duration
2 years full time / 4 years part time
Intakes
March
Entry Requirements
Eligibility
Career & Study Pathways
Quality & Recognition
Academic Regulator
TEQSA
Professional Body
Actuaries Institute of Australia
Accreditation Status
AccreditedSkills Assessor
Actuaries Institute
Course Content
Probability
12.5 points, core (extended first-year subject).
Statistics
12.5 points, core (extended first-year subject).
Mathematics of Finance I
12.5 points, core.
Life Insurance Models I
12.5 points, core.
Mathematics of Finance II
12.5 points, core.
Life Insurance Models 2
12.5 points, core.
Topics in Insurance and Finance
12.5 points, core.
Mathematics of Finance III
12.5 points, core.
Life Contingencies
12.5 points, capstone.
General Insurance Modelling
12.5 points, capstone.
Electives (6 subjects, 75 points)
e.g. ACCT90042 Accounting and Finance for Actuaries, ACTL90022 Economics for Actuaries, ACTL90023 Data Analytics in Insurance 1, ACTL90008 Statistical Techniques in Insurance, ACTL90019 Data Analytics in Insurance 2.
Common Questions
The Master of Actuarial Science (Extended) is designed to provide Part I (Foundation) professional exams accreditation exemptions for the Actuaries Institute, subject to sufficiently high academic results.
The two-year Master of Actuarial Science (Extended) 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.
If you do not have a background in probability and statistics, an additional semester at the beginning of the program will allow you to take the relevant subjects before progressing into the core actuarial curriculum.
The Master of Actuarial Science (Extended) can be completed in 2 years full time or 4 years part time, with intake commencing in March.
Yes, Commonwealth Supported Places (CSPs) are available for the Master of Actuarial Science (Extended) at the University of Melbourne.
Application
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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