The University of Melbourne

Master of Commerce (Actuarial Science)

The University of Melbourne

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

Melbourne Business School's 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, specialising 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.

Designed for

Students wishing to gain specialist knowledge of actuarial studies and/or improve their academic performance in order to proceed to a PhD


The degree is designed to be completed in one and a half years of full-time study or three years part time and requires completion of 150 points, comprised of:7 core actuarial subjects and5 elective subjects.


  • Actuarial studies

Standard entry requirements

  • An undergraduate or postgraduate degree in actuarial science or similar with a weighted average mark of at least H2A (75%)
  • The Graduate Records Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption
  • AndA statement of intent outlining why they wish to be considered for the course.


Graduates of the degree who have performed at a sufficiently high level will have gained the knowledge to complete the associateship of the Actuaries Institute and may gain exemptions from almost all of its requirements.

Study information

CampusFeesEntryMid year intakeAttendance
Parkville International: $79,983 No
Parkville No

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