Master of Actuarial Practice

Master of Actuarial Practice

Master degree
12 months
Application deadlines: February
Processing time: 49 days
Application fee: A$75
Full-time
Intakes: February 25
International tuition: A$36,000
Domestic tuition: A$29,800

Program overview

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations about financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, you'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

Study options

Study options
This program can be done
On campus

Requirements

Exams:

    Most postgraduate courses require a successfully completed Australian bachelor degree or equivalent from a recognised institution and may also require a specific grade point average (GPA). Our admissions team will determine whether your qualification meets the requirements. MINIMUM ADMISSION REQUIREMENT: Australian level 7 bachelor's qualification or recognised equivalent in relevant field with a GPA of 4.50 (out of 7.00) or overseas equivalent; or Australian level 7 bachelor's qualification or recognised equivalent with a GPA of 5.00 (out of 7.00) or overseas equivalent ASSUMED KNOWLEDGE: Admission requires a recognised first degree equivalent to a three year Australian bachelor degree, with a GPA of at least 3.00 (out of 4.00). Students with insufficient mathematical or statistical background may need to complete necessary gateway units before enrolling for some of the core technical units covering part I of the IAAust professional qualifications All applicants to coursework programs at Macquarie University are required to provide evidence of proficiency in English.

    Career opportunities

    PROFESSIONS: Completion of this degree can lead to well paid and rewarding career opportunities in the insurance, financial services and banking industries, and in the quantitative modelling of consumer behaviour and data analytics. The actuarial qualification has international recognition and many of our graduates work in international financial centres such as London, New York, Singapore and Shanghai.

    Campus location

    Sydney , Australia

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