Students
Tuition Fee
AUD 31,000
Start Date
Not Available
Medium of studying
On campus
Duration
0.7 years
Details
Program Details
Degree
Masters
Major
Risk Management | Actuarial Science
Area of study
Business and Administration | Mathematics and Statistics
Education type
On campus
Timing
Full time
Course Language
English
Tuition Fee
Average International Tuition Fee
AUD 31,000
Intakes
Program start dateApplication deadline
2024-03-01-
2024-06-01-
2024-09-01-
About Program

Program Overview


Graduate Certificate in Actuarial Analytics

The Graduate Certificate in Actuarial Analytics is a 0.7-year program designed for professionals seeking to upskill in actuarial science or prepare for further actuarial studies. With a range of high-value courses and electives, students can tailor their learning to align with their unique career ambitions.


Overview

The program comprises four courses, including two core courses and two prescribed elective courses. Students with an actuarial background will complete four electives, while those without an actuarial background must complete two core courses and two electives.


Key Features

  • Learning tailored to your interests: The program consists of four courses designed and delivered by industry experts, ensuring skills are directly applicable to the field.
  • Quick and flexible delivery: Designed for working professionals, the program provides a flexible, fast-track pathway to becoming an actuary, completing in under a year (full-time equivalent).
  • Earn credit towards further study: The Graduate Certificate in Actuarial Studies is an excellent entry point for actuaries and related professionals seeking to advance their careers through a masters degree.

Why Study at UNSW?

  • Study at a global top 20 university: UNSW is renowned for academic excellence and industry-relevant programs.
  • Practical, hands-on learning outcomes: Courses are taught by professionally qualified actuaries and industry leaders, delivering practical and up-to-date insights directly from the field.
  • Join Australias most employable graduates: UNSW prepares students to enter the workforce with confidence, making them highly sought after by employers.

Entry Requirements

To be eligible for the program, students must have:


  • A recognised bachelors degree (or equivalent qualification) in mathematics, statistics, econometrics, actuarial studies, financial engineering, data science, data engineering, physics, engineering, or other related quantitative fields with a minimum WAM of 60.
  • Assumed knowledge: mathematical background in calculus and linear algebra at first-year university undergraduate level.

English Language Requirements

Students may be asked to provide evidence of their English proficiency to study at UNSW, depending on their educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments, and examinations.


Program Structure

The program consists of 24 Units of Credit (UOC), comprising:


  • 2 core courses
  • 2 prescribed elective courses

Core Courses

  • Probability and Statistics for Actuaries | ACTL5101
  • Financial Mathematics | ACTL5102

Electives

A range of electives are available, including:


  • Actuary Theory and Practice A | ACTL5100
  • Actuary Theory and Practice B | ACTL5200
  • Stochastic Modelling for Actuaries | ACTL5103
  • Survival Analysis and Prediction of Life and Health Related Risks | ACTL5104
  • Life Insurance and Superannuation | ACTL5105
  • Insurance Risk Models | ACTL5106
  • Finance and Financial Reporting for Actuaries | ACTL5108
  • Financial Economics for Insurance and Superannuation | ACTL5109
  • Statistical Machine Learning for Risk and Actuarial Applications | ACTL5110
  • Artificial Intelligence and Deep Learning Models for Risk and Insurance | ACTL5111
  • Quantitative Risk Management Techniques | ACTL5301
  • Actuarial Data Science Applications | ACTL5305
  • Data Visualisation and Communication | COMM5501
  • Fundamentals of Risk and Risk Management | RISK5001
  • Risk Analytics | RISK5002
  • Risk Decision Analytics | RISK5003
  • Climate Change and Business Risk Management | RISK5005
  • Risk Management Strategies | RISK5009
  • Generative AI for Risk Management | RISK5110

Future Careers

Graduates are prepared for diverse actuary jobs in sectors such as insurance, superannuation, consulting, banking, and data analytics. Potential careers include:


  • Actuarial analyst
  • Actuarial consultant
  • Business consultant
  • Chief actuary
  • Credit analyst
  • Data analyst
  • Data scientist
  • Insurance analyst
  • Investment analyst
  • Management consultant
  • Pension consultant
  • Pricing analyst
  • Product development actuary
  • Quantitative analyst
  • Risk analyst
  • Risk manager
  • Statistical analyst
  • Underwriter
  • Wealth management analyst

Fees & Scholarships

2026 Indicative First Year Full Fee: $21,000* 2026 Indicative Full Fee to Complete Degree: $21,000* *Fees are subject to annual review by the University and may vary accordingly.


Scholarships

UNSW awards over $83 million in scholarships each year, rewarding excellence and making university accessible to students from all walks of life. Whether youre a domestic or international student, a range of scholarships, prizes, and awards can support your journey.


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