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Coursework

Master of Actuarial Science (Enhanced)

    • CRICOS Code: 0100879

    Course overview

    • 2 years full time / 4 years part time
    • On Campus (Parkville)
    • Available to domestic and international students.
    • This program has only one intake per year

    Overview

    What is it about?

    Melbourne Business School's Master of Actuarial Science (Enhanced) provides a graduate pathway to prepare you for the actuarial profession. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques and data. They will be problem solvers capable of explaining, applying and critically evaluating the use of actuarial models, particularly in relation to insurance and superannuation.

    The program is designed to provide exemptions from Part I (Foundation) and half of the Part II (Associateship) professional exams accreditation exemptions* for the Actuaries Institute.

    Who is it for?

    The two-year Master of Actuarial Science (Enhanced) is designed to provide non-actuarial graduates with their initial education in actuarial studies. It's suitable for graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering).

    Your other Actuarial Science program study options:

    Master of Commerce (Actuarial Science): a 1.5-year program, if you have completed an actuarial science major previously. Provides Part II accreditation exemptions* for the Actuaries Institute.

    Master of Actuarial Science: a 1.5-year program, if you have completed an undergraduate with a strong mathematical component, sufficient knowledge of statistics or probability. Provides Part I accreditation exemptions* for the Actuaries Institute.

    Master of Actuarial Science (Extended): a 2-year program, if you have completed an undergraduate with a strong mathematical component, but may not have sufficient knowledge of statistics or probability. Provides Part I accreditation exemptions* for the Actuaries Institute.

    Graduate Diploma in Actuarial Science: a 1-year program, if you have completed an undergraduate with a strong mathematical and statistical component with a pathway to the Master of Actuarial Science or the Master of Actuarial Science (Enhanced).

    *with sufficiently high academic results

    Register to attend an information session

    Professional Accreditation

    Graduates of the Master of Actuarial Science who have performed at a sufficiently high level, will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute.

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