Program Overview
The Actuarial Science at University of Melbourne 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 Science 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 79,245 (Tuition (Full programme)) — International students; AUD 62,648 (Tuition (Full programme)) — National students
- Location: Melbourne, Australia
Career Opportunities
Graduates of the Actuarial Science programme are prepared for diverse careers in mathematics & statistics:
- Actuary
- Quantitative Analyst
- Data Analyst
- Risk Manager
- Financial Modeller
- Statistical Researcher
Program Curriculum
Course Structure
- Mathematics of Finance I
- Life Insurance Models I
- Macroeconomics for Managers
- Financial Management
- Mathematics of Finance II
- Accounting for Decision Making
Admission Requirements
Academic Requirements
- an undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects;
- 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; and
- a statement of intent outlining why they wish to be considered for the course.
2. In ranking applications, the Selection Committee will consider:
- prior academic performance; and
- the GRE score 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; and
- the statement of intent.
4. The minimum English language requirements for this course are Band 6.5.
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
AUD 79,245 (Tuition (Full programme)) — International students; AUD 62,648 (Tuition (Full programme)) — National students
Tuition fees: AUD 79,245 (Tuition (Full programme)) — International students; AUD 62,648 (Tuition (Full programme)) — National students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact University of Melbourne 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 University of Melbourne
University of Melbourne
Parkville, Australia
University of Melbourne is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...
University Profile- Application Deadline 2006-02-18
- Start Date 2018-10-31
- Language English
- Duration 24 months