Master of Actuarial Science

University of Melbourne, The

Type of institution: University/Higher Education Institution
Level: Postgraduate
CRICOS: 00116K

Melbourne Business School's Master of Actuarial Science is the fastest graduate pathway to prepare you 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.


  • The degree is designed to be completed in 1.5-years of full-time study or part time equivalent and requires completion of 150 points. The degree consists of 12 semester-length subjects comprising: 6 discipline core subjects
  • 2 capstone subjects
  • and 4 elective subjects.


  • Actuarial science

Standard entry requirements

An undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects, for example, studies in mathematics, statistics, physics, engineering;


Actuaries Institute of Australia and the Institute and Faculty of Actuaries (UK).

Study pathways

Students enrolled in the Master of Actuarial Science who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Actuarial Science. Students must have successfully completed four core subjects and four elective subjects and be in good standing to be eligible to be awarded the Graduate Diploma in Actuarial Science.

Study information

CampusFeesMid year intakeAttendance
Parkville International: $72,760 No
  • Full-time : 18 months
  • Part-time : 3 years

Further information

GRE exemptions apply if students have completed their entire undergraduate degree in Australia or New Zealand, or if they fit into the 'humanitarian aid case' category. Apply using course code: MC-ACTSCI (CRICOS Code: 070382A).

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