Updating Results

University of Melbourne

  • 37% international / 63% domestic

Master of Commerce (Actuarial Science)

  • Masters (Coursework)

Melbourne Business School's Master of Commerce (Actuarial Science) is designed for students with an actuarial degree to advance their training. It offers pathways for professional practice or research preparation, focusing on quantitative techniques in insurance and financial risk modelling.

Key details

Degree Type
Masters (Coursework)
Duration
1.5 years full-time, 3 years part-time
Course Code
MC-COMACTS
Study Mode
In person
Intake Months
Mar

About this course

OverviewWhy 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). 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.
  • Accreditation: Students who perform to a high enough standard are able to start working towards Part II of the professional requirements of the Actuaries Institute.
  • 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.
  • 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.
  • 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.
What is it about?

Melbourne Business School's Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a 'practice' pathway, which focuses on advanced professional training, and a 'research' pathway, which prepares students for the PhD in Actuarial Studies.

Who is it for?

The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science. If you do not have an actuarial major, please refer to the Master of Actuarial Science.

Study locations

Parkville

What you will learn

Overview

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 II 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.

What is it about?

Melbourne Business School's Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a 'practice' pathway, which focuses on advanced professional training, and a 'research' pathway, which prepares students for the PhD in Actuarial Studies.

Who is it for?

The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science. If you do not have an actuarial major, please refer to the Master of Actuarial Science.

Career pathways

Melbourne Business School's Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a 'practice' pathway, which focuses on advanced professional training, and a 'research' pathway, which prepares students for the PhD in Actuarial Studies.

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