Master of Actuarial Science (Extended) in Parkville Australia | The University of Melbourne

The University of Melbourne | Parkville Australia
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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

Actuarial science is renowned for its quantitative focus and mathematical precision.
Earning a graduate degree in this field can provide significant competitive benefits within the modern financial sector. Actuaries draw upon expertise spanning mathematics, statistics, demography, finance, and economics.
Students without prior knowledge of probability and statistics can complete preparatory coursework during an initial semester. This program particularly suits graduates with mathematical or statistical backgrounds (such as mathematics, physics, or engineering).
The curriculum prepares students for Part I (Foundation) professional exam exemptions from the Actuaries Institute.


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

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