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Actuarial Science and Risk Management● OpenMastersPreview

Master of Actuarial Studies (Extension)

A specialised master’s programme preparing graduates for professional actuarial careers with Actuaries Institute recognition.

Best for:Best for mathematics, statistics, or econometrics graduates seeking a structured pathway into actuarial careers with professional certification.

UNSW Sydney · Kensington, Australia
More professors at UNSW Sydney
Professional actuarial subjects (Part I and Part II)Enterprise Risk Management (Part III exemption)Quantitative financial modellingInsurance risk assessmentFinancial mathematics
This is a masters position — not a PhD studentship.
Deadline
—
Funding
—
Start date
unknown
Full-time
Location
Kensington
Australia

Overview

The Master of Actuarial Studies (Extension) at UNSW Sydney is designed for graduates with a bachelor’s degree in mathematics, statistics, econometrics, or related fields who seek to enter the actuarial profession. This coursework-based programme covers professional actuarial subjects (Part I and Part II) recognised by the Actuaries Institute in Australia, with potential exemption for Part III (ST9 Enterprise Risk Management). It equips students with advanced quantitative skills and industry-specific knowledge, bridging the gap between academic expertise and professional practice. The programme is ideal for those aiming to work in risk assessment, financial modelling, or insurance sectors. Engineering graduates with a strong mathematical background may also be considered for admission.

Actuarial ScienceRisk ManagementFinancial ModellingInsurance MathematicsProfessional CertificationMathematical FinanceCredit Risk AnalysisPension Funds

What you'll do

  • Study professional actuarial subjects aligned with Actuaries Institute standards (Part I and Part II).
  • Develop advanced quantitative skills in financial mathematics and risk assessment.
  • Apply actuarial principles to real-world scenarios in insurance, pensions, and investment sectors.
  • Engage in coursework covering enterprise risk management for potential Part III exemption.
  • Collaborate on projects that bridge academic theory with industry practice.
  • Prepare for professional actuarial examinations and certification.

Requirements

Degree required: A recognised bachelor’s degree (or equivalent) with a credit average (65% or higher) in mathematics, statistics, econometrics, or a related field. Engineering graduates with a strong mathematical background may also be considered.

Language: English proficiency (not explicitly stated but implied for academic programme).

Instruction: English

Required skills
  • Proven proficiency in calculus and linear algebra at first-year university undergraduate level.
  • Strong analytical and problem-solving skills.
  • Ability to work with large datasets and statistical software.
  • Familiarity with financial mathematics principles.
Nice to have
Experience with actuarial software tools (e.g., GAAP, Excel for actuarial purposes).Prior exposure to risk management or insurance industry concepts.
Eligibility
  • Bachelor’s degree with a minimum credit average of 65%.
  • Major in actuarial studies, econometrics, mathematics, or statistics (or equivalent).
  • Mathematical background equivalent to a full year of calculus and linear algebra at university level.

Funding & terms

Type
Unknown
Amount
—
Duration
—
Programme
—

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
Not confirmed by the source
Teaching language
Not confirmed by the source
Taught / research mode
Not confirmed by the source
Study mode
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Campus
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Prerequisites
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Application instructions
Not confirmed by the source
Tuition
Not confirmed by the source
Funding
Not confirmed by the source

How to apply

Deadline: unknown

Applicants must submit an online application through the UNSW portal, providing academic transcripts, proof of English proficiency (if applicable), and a personal statement outlining their interest in actuarial studies. Additional documents may include a CV and letters of recommendation, depending on the programme requirements.

Documents required
  • Academic transcripts
  • Proof of English proficiency (if required)
  • Personal statement
  • CV
  • Letters of recommendation (if applicable)
↗Check programme and admissions

Contact

Lab
UNSW Business School
UNSW Sydney
Australia
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