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Coursework

Master of Actuarial Science

    • CRICOS Code: 0101265

    The experience

    Overview

    Studying with MBS: Whether from home or on campus, we’ve got you covered

    For Semester 1, 2021 (February – June) MBS will offer subjects in either dual-delivery or online only mode.
    For students who are able to attend campus, we’re excited to confirm some subjects will be delivered using a blend of on-campus activities and online activities (dual-delivery).
    For students who are unable to, or don't wish to attend campus, please rest assured all MBS subjects offered will be delivered online.

    Our Virtual Campus Community, including all of our University Services for students, are still running online. We are providing many ways to stay positive and connected online including working out with MU Sport, and ways to enhance your academic skills and appointments for counselling and wellbeing.

    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 Experience

    Luke Geoghegan

    Luke completed the Master of Actuarial Science in 2018 and now works as an Associate at Boston Consulting Group. Read more about Luke's Melbourne experience.

    "Faced with the prospect of moving to a different university for my postgraduate studies, I decided that the best place to move to would be Australia’s top University."

    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."