Master of Actuarial Studies
Business, administration and law
Actuaries play an essential role in building successful businesses that stay resilient in a rapidly-evolving world. They tap into their analytical minds to forecast future outcomes, navigate change and help solve real-world problems. As one of the most sought-after skill sets in business and finance, the Master of Actuarial Studies is your opportunity to specialise in this innovative and impactful discipline. You’ll gain advanced skills to evaluate risk through data-driven insights – so you can guide business decisions that lead to real impact. MAKE YOUR NEXT MOVE Throughout the course of this two-year program, you’ll learn how to turn insights into opportunities – with expertise across analytical and mathematical systems. By studying with renowned actuarial educators, you’ll gain the most up-to-date real-world knowledge and foresight from leading experts in the field. Flexibility is a key part of the degree – and you can choose to tailor your studies from a range of electives including economet
Official- Duration
- 2 years
- Qualification
- Masters Degree
- AQF 9
- Campus
- Clayton
- VIC
- Course code
- CRICOS 082326K
Campus images supplied directly by the institution.
Course overview
Actuaries play an essential role in building successful businesses that stay resilient in a rapidly-evolving world. They tap into their analytical minds to forecast future outcomes, navigate change and help solve real-world problems. As one of the most sought-after skill sets in business and finance, the Master of Actuarial Studies is your opportunity to specialise in this innovative and impactful discipline. You’ll gain advanced skills to evaluate risk through data-driven insights – so you can guide business decisions that lead to real impact. MAKE YOUR NEXT MOVE Throughout the course of this two-year program, you’ll learn how to turn insights into opportunities – with expertise across analytical and mathematical systems. By studying with renowned actuarial educators, you’ll gain the most up-to-date real-world knowledge and foresight from leading experts in the field. Flexibility is a key part of the degree – and you can choose to tailor your studies from a range of electives including economet
Entry requirements
Requirements are recorded per intake year and per audience. Meeting them does not guarantee an offer.
Entry level 1: 96 points to complete Duration: 2 years full-time, 4 years part-timeAn Australian bachelor degree (or equivalent) with at least a high credit (65%) average or an equivalent GPA, and must have passed an introductory statistics unit or equivalent, and a 1st year Calculus or Algebra unit, or equivalent. Entry level 2: 72 points to complete Duration: 1.5 years full-time, 3 years part-timeAn Australian bachelor degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average or an Australian graduate certificate in a cognate discipline* with at least a high credit (65%) average or qualifications and relevant professional experience. Entry level 3: 60 points to complete Duration: 1.5 years full-time, 3 years part-timeAn Australian bachelor honours degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average or qualifications and relevant professional experience. Students should be aware that the granting of exemptions from particular subjects may affect their ability to complete the subjects required for the Actuaries Institute accreditation. Cognate disciplines include: Mathematics, Statistics, Econometrics, Financial Mathematics, Engineering, Economics, Finance, Accounting. Applicants applying on the basis of work experience are required to provide a detailed curriculum vitae, outlining their employment history and relevant professional experience. Planning reference: missing 2027 requirements use the latest published requirements from 2026; newer explicit 2027 requirements take precedence.
English language
Band minimums apply in addition to the overall score.
- IELTS AcademicOverall 6.5L 6 · R 6 · W 6 · S 6
- PTE AcademicOverall 58L 50 · R 50 · W 50 · S 50
- TOEFL iBTOverall 79L 12 · R 13 · W 21 · S 18
Additional requirements
Academic entry requirement
Entry level 1: 96 points to complete Duration: 2 years full-time, 4 years part-timeAn Australian bachelor degree (or equivalent) with at least a high credit (65%) average or an equivalent GPA, and must have passed an introductory statistics unit or equivalent, and a 1st year Calculus or Algebra unit, or equivalent. Entry level 2: 72 points to complete Duration: 1.5 years full-time, 3 years part-timeAn Australian bachelor degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average or an Australian graduate certificate in a cognate discipline* with at least a high credit (65%) average or qualifications and relevant professional experience. Entry level 3: 60 points to complete Duration: 1.5 years full-time, 3 years part-timeAn Australian bachelor honours degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average or qualifications and relevant professional experience. Students should be aware that the granting of exemptions from particular subjects may affect their ability to complete the subjects required for the Actuaries Institute accreditation. Cognate disciplines include: Mathematics, Statistics, Econometrics, Financial Mathematics, Engineering, Economics, Finance, Accounting. Applicants applying on the basis of work experience are required to provide a detailed curriculum vitae, outlining their employment history and relevant professional experience.
Additional entry requirement
Recognised bachelor-equivalent qualification; course-specific score, discipline and additional requirements; English proficiency.
Intakes and tuition
Tuition is recorded per intake with the institution's own basis. Superseded rows are kept so fee changes stay visible.
| Intake | Campus | Starts | Applications close | Tuition | For |
|---|---|---|---|---|---|
| 2027 · Semester 2 | Clayton | — | — | $56,800per year | International students |
| 2027 · Semester 1 | Clayton | — | — | — | International students |
Where it is taught
References
Official course page, institution website and the sources behind this profile.
- Master of Actuarial Studiesmonash.edu
- Monash Universitymonash.edu
- CRICOS provider recordOfficial source
- 2027 International Undergraduate Course GuideOfficial source
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