Program Overview
The Actuarial Studies at Monash University is a Master programme in Mathematics & Statistics over 24 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of mathematics & statistics. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Actuarial Studies programme are well-prepared for careers in academia, industry, government, and the private sector across Australia and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 24 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: AUD 37,800 (Tuition (Year)) — International students; AUD 27,200 (Tuition (Year)) — National students
- Location: Melbourne, Australia
Career Opportunities
Graduates of the Actuarial Studies programme are prepared for diverse careers in mathematics & statistics:
- Actuary
- Quantitative Analyst
- Data Analyst
- Risk Manager
- Financial Modeller
- Statistical Researcher
Program Curriculum
Course Structure
- Students admitted at Entry level 1 complete 96 points, comprising Part A, Part B and Part C.
- Students admitted at Entry level 2 complete 84 points, comprising Part A and Part B.
- Students admitted at Entry level 3 complete 60 points, comprising Part B.
Admission Requirements
Academic Requirements
Entry Level 1
Bachelor\'s degree in a related field with a grade average of 65% or higher, including completion of an introductory statistics unitEntry Level 2
Bachelor\'s (Hons) degree in any field with a grade average of 55% or higherEntry Level 3
Either:
- Bachelor\'s degree in any field with a grade average of 65% or higher, plus a graduate certificate in a related field3 or
- Bachelor\'s (Hons) degree in a related field3 with a grade average of 65% or higher
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
AUD 37,800 (Tuition (Year)) — International students; AUD 27,200 (Tuition (Year)) — National students
Tuition fees: AUD 37,800 (Tuition (Year)) — International students; AUD 27,200 (Tuition (Year)) — National students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact Monash University directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About Monash University
Monash University
Melbourne, Australia
public university based in Melbourne, Australia
University Profile- Application Deadline Nov, 2026
- Start Date Feb, 2027
- Language English
- Duration 24 months
