Melbourne,
VIC,
Australia
Type
Public
Degrees offered
Bachelor's Degree
Master of Actuarial Science (Enhanced) in Parkville Australia | The University of Melbourne
The University of Melbourne
|
Parkville Australia
Visit institution website
for more information
Qualification
Masters Degree (Coursework)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
AUD
56,992
(c. USD40,106.47)
Attendance
Full-time
Full-time Duration
24 months
The Master of Actuarial Science (Enhanced) at Melbourne Business School offers a postgraduate route to equip students for careers in actuarial science. This program develops graduates who can analytically apply actuarial principles, methodologies, and data analysis. Students will emerge as skilled problem-solvers who can interpret, implement, and assess actuarial models, especially in insurance and retirement planning contexts. The curriculum is structured to qualify students for Part I (Foundation) and partial Part II (Associateship) exam exemptions from the Actuaries Institute. This two-year enhanced master's program serves as an introductory actuarial education for students without prior actuarial backgrounds, particularly those with quantitative degrees in fields like mathematics, physics, or engineering.
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 6.5
Qualification Requirements
Have completed an undergraduate or postgraduate degree with a major in mathematically based subjects, such as studies in mathematics, statistics, physics, engineering (or equivalent)
English language requirements:
IELTS (academic English Only): 6.5 (no band less than 6.0)
TOEFL Internet-based test: 79 + ; Writing 21; Speaking 18; Reading 13; Listening 13;
Pearson Test of English Academic: 58 + no communicative skill below 50
Cambridge English: Advanced/ Certificate of Advanced English (CAE): 176 + no skill below 169.
Tuition
AUD
56,992