Master of Actuarial Studies (Extension)

UNSW Sydney

Type of institution: Higher Education Institutions
Level: Postgraduate
CRICOS: 00098G

The Master of Actuarial Studies (Extension) program is ideal for those with a bachelor degree in mathematics, statistics or econometrics wanting to acquire specialist knowledge and skills to enter the actuarial profession. The program covers the professional actuarial subjects (Part I and Part II) recognised by Actuaries Institute in Australia. Students may also have the opportunity to obtain Part III (ST9 Enterprise Risk Management) exemption. Note: Engineering graduates with a strong background in mathematics/statistics may be considered for this program.

Structure

16 courses (96 UOC): 4 core courses and 12 elective courses

Subjects

  • Actuarial studies

Standard entry requirements

  • A recognised bachelor degree (or equivalent qualification) with a credit average (65% or higher) as determined by the UNSW Postgraduate Coursework Entry Calculator
  • And a major (at least 7 courses) in actuarial studies
  • Or a major (at least 7 courses) in econometrics
  • Or a major (at least 7 courses) in mathematics or statistics. Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level at above credit grade.

Recognition

This program is fully accredited by the Actuaries Institute in Australia for both Part I and Part II subjects and recognised for exemptions by the Institute and Faculty of Actuaries (UK) professional examinations for the Core Technical subjects.

Study pathways

Up to 4 courses may be awarded based on your previous studies in actuarial studies.

Study information

CampusFeesEntryMid year intakeAttendance
UNSW Business School Domestic: $71,520
International: $99,920
No
  • Full-time : 2 years
  • Part-time : 4 years

Further information

Applicants planning to study this program in Semester 2 need to have the required background in actuarial studies. Those with a very strong background in Econometrics, Mathematics (including Financial Mathematics) or Statistics may be allowed to commence the program in Semester 2, as determined by the UNSW Business School. Please contact the School prior to lodging an application to determine the required background to study this program in Semester 2.

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