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Master of Commerce (Actuarial Science)

University of Melbourne
Melbourne , Australia
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Students
Tuition Fee
AUD 56,992
Start Date
2027-03-02
Medium of studying
On campus
Duration
18 months
Details
About Program
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Details
Program Details
Degree
Masters
Major
Finance | 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 56,992
Intakes
Program start dateApplication deadline
2026-03-02-
2027-03-02-
About Program

Program Overview

Master of Commerce (Actuarial Science)

Overview

The Master of Commerce (Actuarial Science) is a graduate coursework program designed for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well-positioned to pursue a professional career in the actuarial domain and related fields.


Course Details

  • Course code: MC-COMACTS
  • Duration: 18 months full-time / 3 years part-time
  • Location: On campus (Parkville)
  • Intake: March

Fees

  • Commonwealth Supported Places (CSPs) are available

Entry Schemes

  • Access Melbourne is available

Program Structure

The program focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation, and financial risk modelling. It offers two pathways:


  • Practice pathway: Focuses on advanced professional training
  • Research pathway: Prepares students for the PhD in Actuarial Studies

Why Study Actuarial Science at Melbourne Business School?

  1. Study in a world-class research centre: The Centre for Actuarial Studies is a registered Centre of Actuarial Excellence (CAE), accredited by the Society of Actuaries (SOA).
  2. Accreditation: Students who perform to a high enough standard can start working towards Part II of the professional requirements of the Actuaries Institute.
  3. Connect with your peers: The University of Melbourne Actuarial Students' Society provides a calendar of events aimed at building social connections and offering members career opportunities.
  4. Select your pathway: Build upon the foundation of your Actuarial Science major and develop advanced professional skills through the 'practice' pathway, or begin preparing for studies in a Doctoral Program through the 'research' pathway.
  5. Become part of our global network: With over 60,000 business alumni in over 100 countries, you're ensuring that you join a valuable network of peers from all business disciplines right from day one.

Related Study Areas

  • Actuarial studies
  • Business and economics

Acknowledgement

The University acknowledges Aboriginal and Torres Strait Islander people as the Traditional Owners of the unceded lands on which we work, learn, and live. We pay respect to Elders past, present, and future, and acknowledge the importance of Indigenous knowledge in the Academy.


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