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78 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
1.5 years full time / 3 years part time
Intakes
March
Entry Requirements
Eligibility
Domestic and international:
Career & Study Pathways
Quality & Recognition
Academic Regulator
TEQSA
Professional Body
Actuaries Institute of Australia
Accreditation Status
AccreditedSkills Assessor
Actuaries Institute
Course Content
Mathematics of Finance III
12.5 points, core.
Insurance Risk Models
12.5 points, core.
Actuarial Practice and Control I
12.5 points, core.
Mathematics of Finance IV
12.5 points, core.
Actuarial Practice and Control II
12.5 points, capstone.
Insurance Risk Models II
12.5 points, core.
Actuarial Practice and Control III
12.5 points, capstone.
Electives (practice pathway, 5 subjects)
e.g. FNCE40003 Numerical Techniques in Finance, ECOM90004 Time Series Analysis and Forecasting, MULT90014 Business Risk Management, MAST90082 Mathematical Statistics, MAST90045 Systems Modelling and Simulation.
Common Questions
The Master of Commerce (Actuarial Science) offers a 'practice' pathway, which focuses on advanced professional training, and a 'research' pathway, which prepares students for the PhD in Actuarial Studies.
Yes. The Centre for Actuarial Studies is a registered Centre of Actuarial Excellence (CAE), accredited by the Society of Actuaries (SOA), which is 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 II of the professional requirements of the Actuaries Institute.
The course is designed for business/commerce graduates who already have an actuarial major and wish to pursue their actuarial training further. Students without an actuarial major are advised to refer to the Master of Actuarial Science instead.
The Master of Commerce (Actuarial Science) 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.
Yes. The University of Melbourne Actuarial Students' Society provides a calendar of events every year, aimed at building social connections and offering members career opportunities. Additionally, graduates join a network of over 60,000 business alumni in over 100 countries.
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.
Honestly I was lost when I first started looking at Australian colleges. There are just too many options and every agent gives you different info. A friend told me about FindTheCourses and within a week I had shortlisted 3 programs that actually matched my budget and visa situation. My advisor Sanjay was super helpful — never felt like I was being pushed into anything.
Priya Sharma
India
Master of Nursing · Griffith University
