Master of Commerce (Actuarial Science)

  • CRICOS code: 089805E

The experience


Studying with MBS: On campus or wherever you are, we’ve got you covered

MBS will offer subjects in either dual-delivery or online only mode.

For students who are in Melbourne and able to attend campus, we’re excited to confirm that many subjects will be delivered using a blend of on-campus activities and online activities (dual-delivery).

For students who are unable to attend campus, please rest assured all MBS subjects offered will be delivered online. Further details are available in the Handbook.

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.

Quantitative and Mathematical Rigour

Actuarial studies is a discipline well-known for its quantitative aspects and mathematical rigour. A graduate qualification in this area can offer real competitive advantages in today’s financial services industry. An actuary’s work is based upon a multi-disciplinary background of mathematics, statistics, demography, finance and economics.

Dr Xueyuan Shane Wu

Dr Xueyuan Wu is a Senior Lecturer in Actuarial Studies and teaches Insurance Risk Models in Master of Commerce (Actuarial Science). Dr Wu's main research interests include Matrix Analytic Methods (MAMs) in risk theory, discrete-time risk models, correlated risk models and ruin theory. He is also interested in actuarial statistics.

David Heath

David Heath teaches Actuarial Practice and Control (I and II), and General Insurance Practice. David Heath has over 25 years' experience as a consulting actuary, specialising in general insurance, accident compensation, and legal calculations. David also acts as a company director, and is the Chair of the Audit Committee at the Transport Accident Commission.

Student experience

Bryan Poh

"The facilities, resources and support provided by the university are unparalleled in Australia, and the university’s prestige would distinguish me within the industry. The opportunity to study the Master of Commerce (Actuarial Science) has enhanced my knowledge in the field of Actuarial Science."

Bryan completed in 2018 and is currently working as an Actuarial Analyst at AIA Australia.