The Master of Actuarial Science provides non-actuarial graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering) with the skills required for immediate transition into the actuarial workplace as a trainee actuary.
Graduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute
An undergraduate degree in any discipline with the equivalent of a major in mathematically based subjects (eg. mathematics, physics, or engineering);
Results of the Graduate Record Examination (GRE) unless the applicant has met one of the approved conditions for a GRE exemption;
Statement of Intent in seeking entry; and
English language proficiency.
Note: The GMAT or GRE is not mandatory for applicants who have previously completed an undergraduate degree at an Australian or New Zealand University.
The Master of Actuarial Science is designed to provide non-actuarial graduates with their initial education in actuarial studies and thus the skills necessary for their immediate transition into the actuarial workplace as a trainee actuary.
Mathematics of Finance I
Life Insurance Models I
Macroeconomics for Managers
Mathematics of Finance II
Life Insurance Models II
Accounting for Decision Making
Corporate Financial Policy
Mathematics of Finance III
Insurance Risk Models
Statistical Techniques in Insurance
Graduates of this program have found employment in the following roles:
Actuary, Towers Watson Australia
Graduate Consultant, Bain & Company
Actuary, Territory Insurance Office
Analyst – Strategic Change, National Australia Bank
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