Actuarial Studies

    Actuarial Studies

    Duration2 year(s)
    Tuition Fee
    AUD 39,073 / year(s)
    Next IntakeJuly 24, 2026

    Actuarial Studies

    About

    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 skillsets in business and finance, the Master of Actuarial Studies is your opportunity to specialise in this innovative and impactful discipline – and grow your career exponentially.

    Designed for technical, mathematical and scientific graduates, as well as early career professionals, you’ll learn how to turn insights into opportunities with expertise across analytical and mathematical systems. Guided by renowned actuarial educators, you’ll gain real-world expertise from leaders in the field – and how you can apply your knowledge in the complex worlds of economics, econometrics, data analysis, business modelling and finance.

    Requirements

    Entry Requirements

    Minimum Entry Requirements (International students)

    Qualifications

    Entry level 1:
    96 points to complete
    Duration: 2 years full-time, 4 years part-time

    An 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-time

    An 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 experience approved by the faculty.

    Entry level 3: 60 points to complete
    Duration: 1.5 years full-time, 3 years part-time

    An Australian bachelor honours degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average or qualifications and experience approved by the faculty.

    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.

    English entry requirements

    Level A
    IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0 orPearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50orTOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21 or Equivalent approved English test

    University entrance requirements

    Minimum entrance requirements for admission to Monash University Australia.

    English Requirements

    • PTEMin 58
    • IELTSMin 6.5
    • TOEFLMin 79

    English Program Requirements

    overall score for IELTS (Academic), with minimum scores: Listening 7.0, Reading 7.0, Writing 7.0 and Speaking 7.0

    Fee Information

    Tuition Fee
    39,073 / year(s)

    Actuarial Studies

    Monash University

    Monash University

    Australia

    Australia, Melbourne