Master of Actuarial Studies

The Master of Actuarial Studies is a 1.7 year program consisting of 12 courses, including six core courses, five electives to match your career goals, and one capstone project. In the core courses you will study probability, statistics, financial mathematics, data visualisation and communication, statistical machine learning, finance, financial reporting and business economics. In the capstone you will study actuarial theory and practice and/or actuarial data analytic applications. There are more than 25 elective courses to choose from spanning mathematics, computer science, marketing, information technology, finance, and economic topics.

Yes, the program is accredited by the Actuaries Institute. You can earn exemptions from courses in the Actuaries Institute's Foundation and Actuary Program in Australia, or VEE credit from the Society of Actuaries (USA). The program has also earned University-Earned Credit (UEC) program status for the Financial Mathematics (FM) exam and Statistics for Risk Modelling (SRM) exam. Mutual recognition arrangements between major actuarial associations also mean that your professional qualifications are internationally transferable, including to the Institute and Faculty of Actuaries in the UK and the Society of Actuaries in the US.

For domestic students, the 2026 indicative first year full fee is $42,000 and the indicative full fee to complete the degree is $64,000. For international students, the 2026 indicative first year full fee is $62,000 and the indicative full fee to complete the degree is $96,000. Fees are subject to annual review by the University and may vary accordingly. Commonwealth Study Assistance such as Ausstudy and Youth Allowance is available for some Masters degrees.

Yes. Advanced standing, or recognition of prior learning, is credit granted for experience and prior studies that are relevant to the program. It may be granted for courses covered in an undergraduate program, or the examinations of the Actuaries Institute (Australia), the Institute of Actuaries (UK), or the Society of Actuaries. If you aren't eligible for advanced standing where you have relevant prior learning, you may be able to take some substitution courses, so that you aren't learning material you have already covered.

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