Program Overview

Graduate Diploma in Actuarial Science

Overview

The Melbourne Business School's Graduate Diploma in Actuarial Science is a one-year degree that prepares students to enter the actuarial profession. Graduate Diploma students can apply to transfer to the Master of Actuarial Science if they wish to gain additional benefits offered by the two-year degree.

Course Details

• Course code: GD-ACTSC
• Duration: 1 year full time / 2 years part time
• Location: On campus (Parkville)
• Intake: March
• Fees: AUD $36,992 (2025 indicative first year fee)
• Commonwealth Supported Places (CSPs) are not available

About the Program

What is it about?

The Graduate Diploma in Actuarial Science is designed to prepare students for the actuarial profession.

Who is it for?

This program is suitable for graduates who have a bachelor's degree that includes a strong mathematical component. It's also open to graduates who have completed some Part I professional exams.

Related Study Areas

• Actuarial studies
  • Business and economics

Program Structure

The program is structured to provide students with a comprehensive understanding of actuarial science, including theoretical and practical aspects.

Career Outcomes

The Graduate Diploma in Actuarial Science prepares students for a career in the actuarial profession, with opportunities in insurance, finance, and other related fields.

Student Experience

The program provides students with a supportive learning environment, with access to experienced academics and industry professionals.

Fees and Scholarships

The program's fees are AUD $36,992 (2025 indicative first year fee), and Commonwealth Supported Places (CSPs) are not available.