Updating Results

University of Melbourne

  • 37% international / 63% domestic

Master of Commerce (Actuarial Science)

  • Masters (Coursework)

Why study Actuarial Science at Melbourne Business School? Study in a world class research centre: The Centre for Actuarial Studies sits within the Department of Economics and is a registered Centre of Actuarial Excellence (CAE), accredited by the Society of Actuaries (SOA).

Key details

Degree Type
Masters (Coursework)
Duration
18 months full-time, 36 months part-time
Course Code
089805E
Study Mode
In person
Intake Months
Mar

About this course

Why study Actuarial Science at Melbourne Business School?
  1. Study in a world class research centre: The Centre for Actuarial Studies sits within the Department of Economics and is a registered Centre of Actuarial Excellence (CAE), accredited by the Society of Actuaries (SOA). This is the highest level of recognition the SOA offers to universities, and has specific requirements relating to degree, curriculum, graduate count, faculty composition, graduate quality, appropriate academic integration, connection to industry, and research/scholarship.
  2. Accreditation: Students who perform to a high enough standard are able to start working towards Part I of the professional requirements of the Actuaries Institute.
  3. Connect with your peers: The University of Melbourne Actuarial Students' Society provides a calendar of events every year, aimed at building social connections and offering members career opportunities.
  4. Select your pathway: Build upon the foundation of your Actuarial Science major and develop advanced professional skills through the 'practice' pathway, or begin preparing for studies in a Doctoral Program through the 'research' pathway.
  5. Become part of our global network: With over 60,000 business alumni in over 100 countries, you're ensuring that you join a valuable network of peers from all business disciplines right from day one.

Study locations

Parkville

What you will learn

The degree is designed to be completed in one and a half years of full-time study or three years part time and requires completion of 150 points, comprised of:

  • 7 core actuarial subjects and
  • 5 elective subjects.

Student can elect to follow one of two pathways; the practice pathway or the research pathway.

Download a brochure

Career pathways

Employment outcomes

Our graduates have gone on to some successful and varied careers. These are just some examples:

PhD candidate, Cass Business School, United Kingdom

Research Assistant, Melbourne Business School, Australia

Actuarial Analyst, China Continent Property & Casualty Insurance, China

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 Business & Management courses at University of Melbourne.
82.5%
Overall satisfaction
84.4%
Skill scale
70.1%
Teaching scale
90.4%
Employed full-time
$120k
Average salary