Monash University

Course Level

Master Degree (By Coursework)

CRICOS

082326K

Related Careers

Master of Actuarial Studies

Actuaries play an essential role in building successful businesses that stay resilient in a rapidly evolving world. They tap into their analytical minds to forecast future outcomes, navigate change and help solve real world problems. As one of the most sought after skillsets in business and finance, the Master of Actuarial Studies is your opportunity to specialise in this innovative and impactful discipline and grow your career exponentially. Designed for technical, mathematical and scientific graduates, as well as early career professionals, you will learn how to turn insights into opportunities with expertise across analytical and mathematical systems. Guided by renowned actuarial educators, you will gain real world expertise from leaders in the field and how you can apply your knowledge in the complex worlds of economics, econometrics, data analysis, business modelling and finance.

Campus	Duration	Fees	ATAR
Clayton	Full-time - 2 years	$74,200	N/A

Structure

Total 96 Credit Points; The course is structured in three parts: Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies.

Subjects

Actuarial studies
Econometrics

Entry requirements

Entry level 1: An Australian bachelor degree (or equivalent) with a Weighted Average Mark (WAM) of 65% or an equivalent GPA and must have passed an introductory statistics unit or equivalent and a 1st year Calculus or Algebra unit, or equivalent. Applicants will be ranked and selected based on their entire academic record.
Entry level 2: An Australian bachelor degree (or equivalent) and an Australian graduate certificate in a cognate discipline with a WAM of 65% in both qualifications or qualifications and experience approved by the faculty.
Entry level 3: An Australian bachelor honours degree (or equivalent) in a cognate discipline with a WAM of 65% or qualifications and experience approved by the faculty.
English entry requirements
level A
IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0
Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50 TOEFL Internet based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21.