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University of Melbourne

  • 37% international / 63% domestic

Master of Actuarial Science (Enhanced)

  • Masters (Coursework)

What is it about? Melbourne Business School's Master of Actuarial Science (Enhanced) provides a 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.

Key details

Degree Type
Masters (Coursework)
Duration
2 years full-time, 4 years part-time
Course Code
0100879
Study Mode
In person
Intake Months
Mar

About this course

What is it about?

Melbourne Business School's Master of Actuarial Science (Enhanced) provides a 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 program is designed to provide exemptions from Part I (Foundation) and half of the Part II (Associateship) professional exams accreditation exemptions* for the Actuaries Institute.

Study locations

Parkville

What you will learn

The degree is designed to be completed in 2-years of full-time study or part time equivalent and requires completion of 200 points. The degree consists of 16 semester-length subjects comprising:

  • 6 discipline core subjects;
  • 2 capstone subjects; and
  • 8 elective subjects.

Download a brochure

Career pathways

Actuarial studies is a discipline well-known for its quantitative aspects and mathematical rigour. A graduate qualification in this area can offer real competitive advantages in today's financial services industry. An actuary's work is based upon a multi-disciplinary background of mathematics, statistics, demography, finance and economics.

How to apply

Domestic applicants are Australian citizens and permanent residents, New Zealand citizens, and holders of a permanent humanitarian visa and can apply online.

Graduate outcomes

Graduate satisfaction and employment outcomes for Science & Mathematics courses at University of Melbourne.
81.1%
Overall satisfaction
85.4%
Skill scale
72.6%
Teaching scale
74.8%
Employed full-time
$75k
Average salary