Graduate Coursework

Master of Actuarial Science

  • Course code: MC-ACTSC
Clock
Duration
18 months full time / 3 years part time
Location
Mode (Location)
On Campus (Parkville)
Calendar-month
Intake
February
Key dates
Dollar
Fees
Commonwealth supported places (CSPs) available
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Entry pathways
Special entry options and Access Melbourne are available
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Student experience

Overview

At MBS, we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus and to make the most of your time outside the classroom.

Injecting industry into your experience

Consulting Subjects: MBS offers the Business Practicum and Global Business Practicum subjects, which sees groups of students undertake a real business consulting project over 10 days for an organisation within Australia or overseas. In this video, you will find out what being an in-company consultant at CUB (AB InBev) was like for Maria Cruz (MIB, 2018).  You will hear more about the project and what her host and mentor, Isaac Lowrie, Strategy Director (APAC South), thought about the team's contributions during their time in the office.

Internships: Our internship subject offers you the opportunity to complete a placement in an area related to your studies, whilst earning credit towards your Master’s degree. It is also an opportunity for you to apply business knowledge in an industry setting with the support of an industry and academic mentor. You can also complete your internship over the Summer or Winter semester.

Careers Skills Development Program: Our Student Experience and Experiential Learning team have developed a business specific program to prepare you for your career which includes our Career Mentoring Program and MBS Skills Workshops which aim to develop your employability skills – those non-technical skills and knowledge that you need to participate effectively in the workplace, such as networking or a great CV.

Case competitions and entrepreneurship: Every year we run our very popular MBS Case Competition, this is a great opportunity to put theory into practice by delivering a solution to a real-life business problem in a tight time frame or if pitching a winning business is more your style, you can take part in our annual UniMelb StartUp Pitch Competition for a chance to win some amazing prizes and receive feedback that could help turn your idea into reality!

Student clubs: MBS students are encouraged to take part in a range of Faculty and University clubs, including the MBS Student Association. All Faculty clubs offer opportunities for professional development for their members and offer leadership and project management opportunities. Many also give back to the community such as Melbourne Microfinance Initiative and Global Consulting Group, which use their business skills to offer pro-bono consulting for charities and NFPs in Australia and overseas.

Actuarial Students' Society: Founded in 1995, the Actuarial Students’ Society has established itself as the University of Melbourne’s official society for students undertaking actuarial studies, with the support of the University of Melbourne Centre for Actuarial Studies. We provide students with comprehensive information about the actuarial profession, accreditation and career opportunities in both traditional and non-traditional actuarial fields. Aside from professional development, we also aim to strengthen our relationship with the student community through our social events.

Top-Tier Research & High-Quality Teaching

At MBS we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus and to make the most of your time outside the classroom.

Dr Xueyuan Shane Wu

Shane is the Program Director of the Master of Actuarial Science and conducts research in the areas of discrete-time risk models, correlated risk models and ruin theory.

Associate Professor Shuanming Li

Shuanming Li is an associate professor and the director of the Centre for Actuarial Studies. He teaches the Introduction of Actuarial Studies to the first year actuarial students and Life Contingencies students in Master of Actuarial Science. His research focuses on risk theory, stochastic modelling in insurance and finance, reinsurance, and applied probability.

Student Enrichment

Leroy D'Souza

Leroy completed the Master of Actuarial Science in 2015 and now works as a Senior Investments Analyst at ESSSuper. Prior to studying at MBS he worked in management consulting at Deloitte Consulting.

"I've been involved in various organisations at the University such as CAINZ and the Actuarial Students Society, where alongside other members I help bridge the gap between academia and professional practice."

Profile

Che McGuire

My degree at the University of Melbourne provides me with a clear path towards becoming a qualified actuary. The subjects are designed specifically to meet the requirements for the foundation program of the Actuaries Institute, allowing me to gain exemptions from their exams.  Che McGuire, Master of Actuarial Science Student