Course Level
Master Degree (By Research)
CRICOS
089805E
Master of Commerce (Actuarial Science)
Melbourne Business Schools Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specializing in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a practice pathway, which focuses on advanced professional training, and a research pathway, which prepares students for the PhD in Actuarial Studies.
Campus | Duration | Fees | ATAR |
|---|---|---|---|
Parkville | Full-time - 18 months Part-time - 3 years | $57,338 | N/A |
Structure
Total Credit Points 150; 7 Core Actuarial Subjects; 5 Elective Subjects
Subjects
- Mathematics of Finance III
- Insurance Risk Models
- Actuarial Practice and Control I
- Actuarial Practice and Control III
- Actuarial Practice and Control II
- Time Series Analysis and Forecasting
- Bayesian Econometrics
- Numerical Techniques in Finance
- Systems Modelling and Simulation
- Mathematical Statistics
- Business Risk Management
- General Insurance Practice
- Computational Statistics & Data Science
- Computational Statistics & Data Science
Entry requirements
- Have completed an undergraduate or postgraduate degree in actuarial science (or similar) with a Weighted Average Mark of at least 75%) (or equivalent), AND
- Have completed the Graduate Records Examination (GRE), unless you have completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption, AND
- Submit a 500 word personal statement outlining why you wish to be considered for this course.