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Master of Actuarial Science (Enhanced)

University of Melbourne
Melbourne , Australia
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Students
Tuition Fee
AUD 56,992
Per year
Start Date
2027-03-01
Medium of studying
On campus
Duration
2 years
Details
About Program
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Details
Program Details
Degree
Masters
Major
Finance | Actuarial Science | Statistics
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
2026-03-01-
2027-03-01-
About Program

Program Overview

Master of Actuarial Science (Enhanced)

Overview

The Master of Actuarial Science (Enhanced) is a graduate pathway designed to prepare students for the actuarial profession. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques, and data. They will be problem solvers capable of explaining, applying, and critically evaluating the use of actuarial models, particularly in relation to insurance and superannuation.


Course Details

  • Course code: MC-ACTSCEN
  • Duration: 2 years full-time, 4 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 is designed to provide exemptions from Part I (Foundation) and half of the Part II (Associateship) professional exams accreditation exemptions for the Actuaries Institute.


Target Audience

The two-year Master of Actuarial Science (Enhanced) is designed to provide non-actuarial graduates with their initial education in actuarial studies. It's suitable for graduates who have mathematical or statistical specializations (e.g., mathematics, physics, or engineering).


Related Programs

  • Master of Commerce (Actuarial Science): A 1.5-year program, if you have completed an actuarial science major previously. Provides Part II accreditation exemptions for the Actuaries Institute.
  • Master of Actuarial Science: A 1.5-year program, if you have completed an undergraduate with a strong mathematical component, sufficient knowledge of statistics or probability. Provides Part I accreditation exemptions for the Actuaries Institute.
  • Master of Actuarial Science (Extended): A 2-year program, if you have completed an undergraduate with a strong mathematical component, but may not have sufficient knowledge of statistics or probability. Provides Part I accreditation exemptions for the Actuaries Institute.
  • Graduate Diploma in Actuarial Science: A 1-year program, if you have completed an undergraduate with a strong mathematical and statistical component with a pathway to the Master of Actuarial Science or the Master of Actuarial Science (Enhanced).

Related Study Areas

  • Actuarial studies
  • Business and economics
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