Master of Commerce (Actuarial Science)
Advance your professional training or pursue doctoral research in actuarial science at the University of Melbourne.
Best for:Best for quantitative graduates in actuarial science or related fields seeking advanced professional training or a pathway to a PhD.
Overview
The Master of Commerce (Actuarial Science) at the University of Melbourne, offered through the Melbourne Business School, provides advanced training in quantitative techniques for insurance, superannuation, and financial risk modeling. The program features two distinct tracks: a practice pathway focused on professional actuarial training, and a research pathway that prepares candidates for doctoral studies in actuarial science. Students develop a robust grounding in actuarial theory and practice to position themselves for specialized careers in the financial sector or academia. Applicants are expected to hold a strong prior academic record and engage deeply with complex quantitative frameworks.
What you'll do
- Engage with advanced coursework in actuarial theory and quantitative financial risk modeling
- Complete specialized training in insurance and superannuation mathematics
- Choose between a practice-oriented professional training pathway or a research-focused academic pathway
- Conduct rigorous analysis using advanced quantitative methods
- Prepare research proposals or professional project deliverables depending on the chosen pathway
Requirements
Degree required: Undergraduate or postgraduate degree in actuarial science or a closely related field
Degree offered: Master Degree (By Research)
Language: English proficiency as required by the university for international or domestic admissions
Instruction: English
- Strong foundation in quantitative techniques and mathematics
- Proficiency in actuarial concepts and risk modeling
- Satisfactory performance in prior university studies
- Must have completed an undergraduate or postgraduate degree in actuarial science or similar with a Weighted Average Mark of at least 75% or equivalent
- Must have completed the Graduate Records Examination (GRE) unless holding an undergraduate degree from Australia or New Zealand or meeting approved exemption conditions
Funding & terms
Programme and admissions
Admissions not verified
A catalogue listing does not mean applications are open or funding is guaranteed. Check the source for your intake.
- Intake
- Not confirmed by the source
- Duration
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- Teaching language
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- Taught / research mode
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- Study mode
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- Campus
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- Prerequisites
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- Application instructions
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- Tuition
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- Funding
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How to apply
Applicants must satisfy the academic entry thresholds including a minimum Weighted Average Mark and submit all required documentation through the official university application portal. Ensure that GRE requirements are met or check for eligibility exemptions before applying.
- Undergraduate or postgraduate transcripts
- Personal statement (500 words)
- GRE score report (unless exempt)
Contact
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