Overview

The Bachelor of Actuarial Science from Monash University is 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.

Key facts

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.

The Master of Actuarial Studies will help you develop advanced skills to evaluate risk through data-driven insights – and guide business decisions that achieve real impact.

While this degree covers specific areas of actuarial practice, you’ll also grow as a business professional by developing your communication, leadership, critical thinking and judgement skills.

Accreditation

Actuaries Institute’s Foundation Program

Programme Structure

Courses include:

Corporate finance

Actuarial cash flow modelling

Economics

Actuarial practice

Probability and statistical inference for economics and business

Statistical modelling for actuarial studies

Key information

Duration

Full-time
- 24 months
Part-time
- 48 months

Start dates & application deadlines

Starting 2026-07-28 00:00:00
- Apply before 2026-06-15 00:00:00
Starting 2027-03-03 00:00:00

Apply anytime.

More details

Semester 1

As an international student, apply for a place anytime throughout the year

Mid-year:

Application dates vary by faculty but generally close in mid-June

Language

English

TOEFL^® IBT

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PTE Academic

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IELTS

6.5

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Credits

96 alternative credits

Delivered

On Campus

Campus Location

Clayton, Australia

Disciplines

Actuarial Science View 18 other Masters in Actuarial Science in Australia

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Academic requirements

GPA

Required

English requirements

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

CRICOS code: 082326K

Entry level 1: 96 points to complete

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

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

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.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Monash University and/or in Australia, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

56800 AUD / year

≈ 56800 AUD / year
Domestic Applies to you

Applies to you

Citizens or residents

37100 AUD / year

≈ 37100 AUD / year

Additional Details

Fees for domestic students: Commonwealth supported place (CSP) available

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Studies.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Key facts

Accreditation

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Domestic Applies to you

Additional Details

Funding

Scholarships Information

Available Scholarships

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