Master of Actuarial Studies

UNSW Sydney

Type of institution: Higher Education Institutions
Level: Postgraduate
CRICOS: 00098G

This specialist program provides graduates with the required competencies to pursue the role of an actuarial analyst in the financial services, insurance or superannuation industry. The program covers the professional actuarial subjects (Part I: CT1-8) recognised by the Actuaries Institute in Australia. Graduates with a bachelor degree in actuarial studies should be able to fast-track their professional accreditation to obtain Part II as well as Part III (ST9 Enterprise Risk Management) exemptions. Note: Graduates without a bachelor degree in actuarial studies should consider the Master of Actuarial Studies (Extension) to potentially gain Part I and Part II exemptions of the Actuaries Institute's professional examinations. Engineering graduates with a strong background in mathematics/statistics may be considered for this program.


12 courses (72 UOC): 4 core courses and 8 elective courses


  • Actuarial studies

Standard entry requirements

  • A recognised bachelor degree (or equivalent qualification) with a credit average (65% or higher) as determined by the UNSW Postgraduate Coursework Entry Calculator
  • And a major (at least seven courses) in actuarial studies
  • Or a major (at least seven courses) in econometrics
  • Or a major (at least seven courses) in mathematics or statistics. Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level at above credit grade.


This program is accredited by the Actuaries Institute in Australia and recognised for exemptions for core technical subjects of the Institute and Faculty of Actuaries in the UK.

Study pathways

Up to 4 courses may be awarded based on previous studies in actuarial studies.

Study information

CampusFeesMid year intakeAttendance
UNSW Business School International: $74,580 Yes

Further information

Applicants planning to study this program in Semester 2 need to have the required background in actuarial studies. Those with a very strong background in Econometrics, Mathematics (including Financial Mathematics) or Statistics may be allowed to commence the program in Semester 2, as determined by the UNSW Business School. Please contact the School prior to lodging an application to determine the required background to study this program in Semester 2.

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