Program Overview
The Actuarial Practice at Australian National University is a MSc programme in Mathematics & Statistics over 30 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 Practice 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: 30 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: AUD 41,040 (Tuition (Year)) — International students; AUD 30,768 (Tuition (Year)) — National students
- Location: Canberra, Australia
Career Opportunities
Graduates of the Actuarial Practice programme are prepared for diverse careers in mathematics & statistics:
- Actuary
- Quantitative Analyst
- Data Analyst
- Risk Manager
- Financial Modeller
- Statistical Researcher
Program Curriculum
Course Structure
- Investment and Asset Modelling
- Actuarial Control Cycle
- Principles of Mathematical Statistics
- Life Contingencies
- Actuarial Techniques
- Financial Mathematics
- Introduction to Stochastic Processes
- Survival Models
- Risk Theory
- Credibility Theory
- Advanced Insurance
- Advanced Life Insurance
- Advanced General Insurance
- Advanced Global Retirement Income Systems
- Enterprise Risk Management
Admission Requirements
Academic Requirements
- A Bachelor degree or international equivalent with a minimum GPA of 5/7, with at least one course in the field of mathematics that must cover calculus and linear algebra.
- \xc2\xa0Students must achieve a minimum 60% weighted average mark in the first 48 units of courses attempted in order to remain enrolled in the Master of Actuarial Practice.
- \xc2\xa0Applicants with a Bachelor Degree or Graduate Certificate in a cognate discipline may be eligible for 24 units (1 semester) of credit.
- \xc2\xa0Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for 48 units (1 year) of credit.
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
AUD 41,040 (Tuition (Year)) — International students; AUD 30,768 (Tuition (Year)) — National students
Tuition fees: AUD 41,040 (Tuition (Year)) — International students; AUD 30,768 (Tuition (Year)) — National students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact Australian National 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 Australian National University
Australian National University
Canberra, Australia
Australian National University is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen...
University Profile- Application Deadline 2015-12-17
- Start Date 2018-02-20
- Language English
- Duration 30 months