Master of Actuarial Studies

Master of Actuarial Studies

Master degree
24 months
Application deadlines: 30 September
Processing time: 20 days
Full-time
Intakes: July, February
International tuition: A$45,600
Domestic tuition: A$34,560

Program overview

Upon successful completion, students will have the skills and knowledge to: 1. Demonstrate key concepts in actuarial studies and related fields, including: a.Utilise concepts in financial mathematics, including the time value of money, annuities, bond and loan calculations b.Apply mathematical statistics, regression modelling and other statistical techniques to actuarial problems c.Describe and apply stochastic processes, survival models and their application in actuarial contexts d.Model and value cash flows dependent on death, survival, illness, retirement, and other contingencies e.Apply risk modelling techniques across a variety of financial contexts 2. Analyse and interpret specific business situations so that the correct actuarial and other techniques can be applied. 3. Utilise critical thinking to solve specific actuarial problems and communicate their results to a relevant audience. 4. Apply actuarial research planning and methodology.

Study options

Study options
This program can be done
On campus

Requirements

Exams:

  • TOEFL PBT
  • PTE
  • IELTS
  • TOEFL iBT
A Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0, with at least one course in the field of mathematics that must cover calculus and linear algebra. Or an ANU Graduate Certificate of Finance and Actuarial Statistics (Actuarial Statistics or Actuarial Studies specialisation) with a minimum GPA of 4.5/7.0, with at least one course in the field of mathematics from university studies that must cover calculus and linear algebra. IELTS 6.0 overall (min. 5.5 in each subtest) TOEFL iBT 68 overall (min. 18 in writing) TOEFL PBT 550 overall (min. 4.0 in TWE) PTE An overall score of 57 with a minimum score of 50 in each of the communicative skills.

Career opportunities

Graduates will apply mathematical, statistical, financial, economic and other skills to untangle the most complex and difficult problems facing the commercial world.

Campus location

Canberra , Australia

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