Master of Actuarial Science (Extended)

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

Melbourne Business Schools Master of Actuarial Science (Extended) provides a graduate pathway to prepare you for the actuarial profession and enables you to gain Part I (Foundation) accreditation exemption. Graduates of this degree will be analytical in the application of actuarial theory, knowledge, principles, techniques and data. You will be problem solvers capable of explaining, applying and critically evaluating the use of actuarial models, particularly in relation to insurance and superannuation. The program is designed to provide Part I (Foundation) professional exams accreditation exemptions for the Actuaries Institute.

Structure

• The degree is designed to be completed in 2-years of full-time study or part time equivalent and requires completion of 200 points. The degree consists of 16 semester-length subjects comprising:
• 8 discipline core subjects
• 2 capstone subjects and
• 6 elective subjects.

Subjects

• Mathematics of Finance I
• Mathematics of Finance II
• Mathematics of Finance III
• Life Insurance Models I
• Assurance Practices
• Topics in Insurance and Finance
• Probability
• Statistics
• Life Contingencies
• General Insurance Modelling
• Accounting and Finance for Actuaries
• Data Analytics in Insurance 2
• Statistical Techniques in Insurance
• Economics for Actuaries
• Data Analytics in Insurance 1

Standard entry requirements

• Have completed an undergraduate or postgraduate degree with a major in mathematically based subjects, such as studies in mathematics, statistics, physics, engineering (or equivalent), AND
• Submit a 500 word personal statement outlining why you wish to be considered for this course.

Study information

Master of Research (Economics and Finance)

Curtin University

Bachelor of Commerce / Bachelor of Business Analytics

University of Newcastle

Master of Professional Accounting

University of Canberra

Graduate Certificate in Health Economics and Economic Evaluation

The University of Melbourne

Master of Actuarial Science (Extended)

The University of Melbourne

Bachelor of Economics (Honours)

The Australian National University (ANU)