Master of Actuarial Science at Bond University

Bond University

Australia, Gold Coast

University Rank:#591

International students can study the Master of Actuarial Science at Bond University on the Gold Coast campus in Australia. This Master degree is available as a Full Time program delivered on campus in English. The program has a duration of 4 semester(s) and is offered at the Gold Coast campus. Tuition fees are USD 13,449 / semester(s), and students can apply for the next intake starting on September 1, 2026.

About Master of Actuarial Science

A Master of Actuarial Science will develop your skills in the challenge of crunching numbers to evaluate risk and create practical solutions for real-world problems. Bond is the only university in Queensland to be Accredited by the Actuaries Institute and is an innovative and immersive program that combines elements of economics, finance, data science, and advanced probability theory. This encourages students to develop techniques for the management of risk and improvement of business decision-making.

The Master of Actuarial Science is a four-semester program that provides those with an undergraduate degree in an alternative field of study, an opportunity to gain Part I (Foundation program) accreditation, from the Actuaries Institute.

Students who have successfully completed cognate undergraduate programs, may be eligible for advanced standing of up to 30 credit points toward the Master of Actuarial Science program.

Requirements and Admission Criteria for Master of Actuarial Science at Bond University

Entry Requirements

Recognised 4 year Bachelor degree equivalent to an Australian Bachelor degree

4 year Bachelor degree - 4 point grading scale

Successful completion of a recognised Bachelor degree (or equivalent qualification) in any field. Must also meet subject prerequisites, see additional requirements.

Recognised 4 year Bachelor degree equivalent to an Australian Bachelor degree

4 year Bachelor degree - 5 point grading scale

Successful completion of a recognised Bachelor degree (or equivalent qualification) in any field. Must also meet subject prerequisites, see additional requirements.

English Program Requirements

English language proficiency requirements

Bond's programs are taught and assessed in English, so depending on your educational background and citizenship, you may be required to provide evidence that your English language ability meets our requirements. This may include submitting results from an approved English Language Test taken in the past two years - you can see the required results for the most common approved tests below. There are other ways to demonstrate English language proficiency and gain entry into this program, including demonstrating prior study in English, or other qualifications. If your qualification does not meet the English language requirements then you will need to provide an English proficiency test for admission.

International English Language Testing System (IELTS) Academic: International English Language Testing System (IELTS) Academic Overall score 6.5 with no sub score less than 6.0
Pearson Test of English (PTE) Academic: Pearson Test of English (PTE) Academic Overall score 58 with no Communicative Scores below 50
Test of English as a Foreign Language Internet-Based Test (TOEFL iBT): Test of English as a Foreign Language Internet-Based Test (TOEFL iBT) Overall score 79 (no scores below 21 in Writing, 18 in Speaking, and 16 in Reading and Listening)

Career Opportunities after Completing Master of Actuarial Science

Where will your degree take you?

Actuaries are in high demand for their range of quantitative business knowledge, and problem-solving skills in a range of industries. This field of work is no longer restricted to the insurance and financial sectors, there are new opportunities arising in diverse areas such as climatology, health, e-commerce, energy and environment, genetics, and public infrastructure.

Bond actuarial science graduates are very well placed in the job market, with skills highly transferrable between countries and industries.

Outcomes

Actuarial consultant

Actuarial consultants are experts in quantifying financial risk and advise clients on investments and insurance-related decisions, using a variety of risk and cost analysis measurements.

Risk analyst

Risk analysts work with data and statistics and advances mathematical formulas to provide companies with a comprehensive analysis of their financial and operational outlook. They will review risk factors, assess the likelihood of them occurring, and the impact it will cause the organisation. They also provide an overall rating, and make suggestions on what controls and structures an organisation needs to implement, to minimise, or manage those risks.

Data Scientist

A data scientist is responsible for designing and implementing data-based collection and models, creating algorithms, and predictive outcomes. Their role encompasses developing tools, automation systems, and data frameworks to frame and solve complex problems.

Fee Information

Tuition Fee

13,449 / semester(s)

Master of Actuarial Science at Bond University

Bond University

Australia, Gold Coast