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    Actuarial Science and Actuarial Studies
    Go to Monash University
    Monash University

    Actuarial Science and Actuarial Studies

    Monash University

    Monash University

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    Australia, Melbourne

    University RankQS Ranking
    37

    Key Facts

    Program Level

    Master by Course Work

    Study Type

    Full Time

    Delivery

    On Campus

    Course Code

    113701J

    Campuses

    Clayton

    Program Language

    English

    Start & Deadlines

    Next Intake Deadlines24-Feb-2026
    Apply to this program

    Go to the official application for the university

    Duration 4 year(s)
    Tuition Fee
    AUD 53,200  / year(s)
    Next Intake 24-Feb-2026

    Actuarial Science and Actuarial Studies

    About

    There is a level of financial risk behind every decision a business makes. Actuaries are essential for helping to navigate these risks and making the right decisions. They are the analytical thinkers who see the opportunities within data, numbers and patterns - and transform them into more positive business outcomes.

    This combined bachelor's and master’s program offers you a faster, more streamlined pathway towards a rewarding career as an Actuary.

    The 4-year program begins with the Bachelor of Actuarial Science. Learn how to evaluate risks, forecast futures and influence economic structures. Apply mathematical and statistical concepts to real-world scenarios, then choose from one of two specialisations - Actuarial Studies or Actuarial Analytics - to start fine-tuning the skills that will open doors for your career.

    As you reach the end of the 3-year bachelor’s program, you have the unique opportunity to study postgraduate electives that can form the start of your master's degree.

    The master's program advances the skills you have developed during your first three years of study. You can choose to tailor your studies from a range of electives including econometrics, statistics, business modelling and finance, while fast-tracking your studies by completing the program in just one year.

    You need professional certification from the Actuaries Institute to work as an Actuary. By completing units as part of this combined program, you will be fast-tracking your certification - gaining exemptions from some of the Institute’s Programs.

    This means less time studying and more time growing your career. Actuaries apply their analytic skillset to any field that needs to manage financial risk, and this can include working in areas such as finance, insurance, superannuation and government. Today, actuaries are even helping to address global challenges like climate change and cybersecurity.

    Ready to make more of an impact as an actuary?

    Requirements

    Entry Requirements

    Entry Requirements (International students)

    You need to satisfy all of the following requirements to be considered for entry into this course.

    English Program Requirements

    Overall score for IELTS (Academic), with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0

    Fee Information

    Tuition Fee

    AUD 53,200 

    Application Fee

    AUD  
    Monash University

    Actuarial Science and Actuarial Studies

    Monash University

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    Australia,

    Melbourne

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