Master of Actuarial Practice (1.5 years) in Sydney Australia | Macquarie University

Macquarie University | Sydney Australia
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Qualification
Masters Degree (Coursework)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
AUD 45,100
(c. USD31,737.82)
Attendance
Full-time
Full-time Duration
18 months

Actuaries are experts in utilizing mathematical, statistical, and financial methods to address challenges in business, finance, and insurance sectors. They provide guidance to governments, financial entities, and various organizations regarding financial strategies, risk assessment, product development, and intricate financial dealings. Their expertise plays a crucial role in supporting the growth and success of businesses and financial institutions globally.

The professionally recognized Master of Actuarial Practice program equips students with the skills to employ mathematical, statistical, economic, and financial analysis techniques to solve real-world issues in long-term risk management, finance, and insurance.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

2 years

AQF level 7 bachelor's qualification or recognised equivalent (which includes a minimum of one unit of Mathematics covering calculus and linear algebra)

1.5 years

AQF level 7 bachelor’s qualification in a related field or recognised equivalent

English language requirements

  • IELTS Academic - IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
  • TOEFL iBT - 83 (Reading - 13; Writing - 21; Listening - 12; Speaking - 18)
  • PTE Academic - 58 minimum 52 in each band, or equivalent
  • Cambridge English (C1A or C2P) - 180 minimum 169 in each band, or equivalent
  • Occupational English Test (OET) - (Reading - C+; Writing - C+; Listening - C/C+; Speaking - C/C+)
  • Duolingo English Test (DET) - 115 minimum 110 in each band, or equivalent

Tuition AUD 45,100

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