Master of Commerce (Actuarial Science)
The University of Melbourne
Type of institution: University/Higher Education Institution
Level: Postgraduate
CRICOS: 00116K
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.
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
Standard 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.
Study information
| Campus | Fees | Entry | Mid year intake | Attendance |
|---|---|---|---|---|
| Parkville | International: $119,684 | No |
| |
| Parkville | Domestic: $77,684 | No |
|
