Master of Actuarial Practice

Macquarie University

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations about financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course students will learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

Course Fee:

Australian: $59,600
International: $72,000

Entry Requirements:

Australian level 7 bachelor's qualification or recognised equivalent in a cognate discipline with a minimum GPA of 4.7 (out of 7.0), or Australian level 7 bachelor's qualification or recognised equivalent in a non-cognate discipline with a minimum GPA of 5.0 (out of 7.0)

Structure:

64 credit points; minimum 32 credit points at 800 level or above from units with ACST prefix

Subjects you can Study:

Actuarial studies

Study Pathways:

Students with insufficient mathematical or statistical background may need to complete necessary gateway units before enrolling for some of the core technical units covering part I of the IAAust professional qualifications. Students who have passed some of the Part I or Part II examinations of the Institute of Actuaries of Australia, or equivalent, may be granted advanced standing of 16 credit points (4 units) provided these exams have not been counted as credit towards an undergraduate degree. Students with appropriate background may also be granted exemption from some or all of the four degree gateway units, ACST 601, ACST 602, ACST 603 and ACST 604.

Further information:

This course is available for internal study only.

Who for:

Graduates wishing to pursue actuarial and related statistical science careers with strong backgrounds in quantitative or business related disciplines

Accepts International Students:

Yes

Provider CRICOS: 00002J; 02942D (ELC)

Related Careers:

Actuary,
Campus ATAR/OP Mid Year Intake Study Mode Duration
North Ryde No info No Full time 2 years
North Ryde No info No Part time 4 years

Macquarie – ranked among the top two per cent of universities in the world – is an institution engaged with the real and often complex problems and opportunities that define our lives.

Since its foundation 54 years ago, Macquarie has aspired to be a different type of university: one that’s focused on fostering collaboration between students, academics, industry and society to advance world-class theoretical thinking and translate it into real-world solutions.

Macquarie is uniquely located in the heart of Australia’s largest high-tech precinct.

With more than 300 leading companies located on or around the Macquarie campus, students are able to tap into industry connections that give them an edge in their future careers. 

Macquarie’s courses ensure students graduate with the skills and experience that employers are looking for – which is why Macquarie is ranked in the top 10 in Australia for graduate employment.

Macquarie’s courses are designed in consultation with industry and focus on practical, ‘real-world’ learning. Such learning is facilitated through unique programs such as the award-winning Global Leadership Program, recognised as Australia’s

flagship tertiary global leadership program; PACE (Professional and Community Engagement), the only program of its kind in Australia that gives students practical, work-integrated experience that’s fully integrated into their course; and one of Australia’s best exchange programs, which allows students to gain academic credit at one of 150 global partners along with job-ready skills before they graduate.

Macquarie’s 126-hectare campus in North Ryde is connected to the Sydney CBD by fast and efficient transport – 20 minutes by car and 30 minutes by train.

Visit us www.mq.edu.au 

 

Macquarie at a glance

* Ranked in the top one per cent of universities in the world

* Five QS stars in teaching, employability, research, facilities, internationalisation, innovation, inclusiveness and specialist criteria

* Ranked among the top 130 universities in the world for employability (QS graduate employability rankings, 2018)

* 10 subjects ranked in top 100 globally (QS World University Rankings by Subject, 2018)

* More than 150 partner universities for student exchange in more than 40 countries

* More than 30,000 work placements or community experiences through PACE (Professional and Community Engagement) partnerships

* More than 300 industry partners on campus or in the adjacent high?tech precinct, providing access to internship and job opportunities

* $1 billion invested to create a collaborative campus with world-class facilities and infrastructure

* Located in the heart of Sydney’s fastest-growing region, only 15 kilometres from the Sydney CBD

* Over 184,000 alumni from more than 140 countries

* Australia’s first fully integrated health precinct centred around the on-campus hospital

* One hundred per cent of research activity rated at world standard or above

* Thirty researchers in the top one per cent of scientific authors in the world

 

Provider CRICOS: 00002J; 02942D (ELC)

 

 

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