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University of Melbourne

  • 37% international / 63% domestic

Master of Actuarial Science (Extended)

  • Masters (Coursework)

The Master of Actuarial Science (Extended) at Melbourne Business School offers a pathway to the actuarial profession, providing Part I accreditation exemptions and equipping graduates with analytical and problem-solving skills in actuarial models. It is tailored for non-actuarial graduates, including those with mathematical or statistical backgrounds.

Key details

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

About this course

OverviewCourse overviewOverviewWhat is it about?

Melbourne Business School's Master of Actuarial Science (Extended) provides a graduate pathway to prepare you for the actuarial profession and enables you to gain Part I (Foundation) accreditation exemption*. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques and data. You 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 Part I (Foundation) professional exams accreditation exemptions* for the Actuaries Institute.

Who is it for?

The two-year Master of Actuarial Science (Extended) is designed to provide non-actuarial graduates with their initial education in actuarial studies. 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. It's suitable for graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering).

Your other Actuarial Science program study options

*with sufficiently high academic results

Study locations

Parkville

What you will learn

What is it about?

Melbourne Business School's Master of Actuarial Science (Extended) provides a graduate pathway to prepare you for the actuarial profession and enables you to gain Part I (Foundation) accreditation exemption*. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques and data. You 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 Part I (Foundation) professional exams accreditation exemptions* for the Actuaries Institute.

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