GraduateBusiness
Master of Actuarial Studies
UNSW Sydney, Sydney, NSW, Australia
About this program
UNSW's Master of Actuarial Studies is built for students with a strong quantitative background in mathematics, statistics, data science, econometrics, physics or engineering who want professional actuarial accreditation alongside broader business and analytics training. The professionally accredited program maps onto the Institute of Actuaries of Australia's Foundation Program and Actuary Program requirements, so students who've already completed an actuarial studies undergraduate degree can use the master's to finish outstanding accreditation components like the Actuarial Control Cycle and Data Analytics Principles courses. Beyond the core actuarial curriculum, students can broaden their training with advanced electives in statistics, finance, economics and data analytics from across UNSW Business School. It suits both actuarial studies graduates completing their professional accreditation and quantitative graduates from adjacent disciplines making a first move into actuarial or broader financial services careers.
Fees & duration
English test scores
Verified unsw.edu.au ↗
Course structure
- ACTL5101Probability and Statistics for Actuaries
- ACTL5102Financial Mathematics
- ACTL5108Finance and Financial Reporting for Actuaries
- ACTL5110Statistical Machine Learning for Risk and Actuarial Applications
- COMM5501Data Visualisation and Communication
- ECON5103Business Economics. Capstone Course: ACTL5100 Actuarial Theory and Practice A
- ACTL5305Actuarial Data Science Applications. Prescribed Electives (Professional Accreditation): ACTL5301 Quantitative Risk Management Techniques
- ACTL5103Stochastic Modelling for Actuaries
- ACTL5104Survival Analysis and Prediction of Life and Health Related Risks
- ACTL5105Life Insurance and Superannuation
- ACTL5106Insurance Risk Models
- ACTL5109Financial Economics for Insurance and Superannuation
- ACTL5200Actuarial Theory and Practice B
Career & PR pathway
Which careers in Business lead to skilled migration depends on the occupation, not the degree title. See the skilled occupation lists guide for which occupations are on each list, and the points calculator to check where you stand.
Admissions
To be eligible for the program, you must have: A recognised bachelor degree (or equivalent qualification) with a substantial component of mathematics, statistics, econometrics or actuarial studies, with a credit average, as determined by the UNSW Business School. Entries are also opened to students with background in related disciplines including financial engineering, data science, data engineering, physics, engineering, any related quantitative field, with a credit average, as determined by the UNSW Business School. Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level. Recognition of prior learning or professional recognition Up to 4 courses credits (24 UOC) may be granted (towards the 4 core courses) based on your previous studies in actuarial studies (bachelor or higher). Add...
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