Master of Actuarial Practice (40)

at Bond University

The Master of Actuarial Practice program comprises 20 subjects, as follows:
 

Required subjects (13)
 

• ACCT71-100 Accounting Principles

• ACSC71-200 Mathematical Statistics 

• ACSC71-201 Financial Mathematics

• ACSC71-301 Contingencies 

• ACSC71-305 Actuarial and Financial Models

• ACSC71-306 Stochastic Processes

• ACSC71-307 Survival Analysis

• DTSC71-200 Data Science

• ECON71-100 Principles of Economics

• ECON71-200 Linear Models and Applied Econometrics

• ECON71-202 Macroeconomics

• FINC71-601 Corporate Finance

• FINC71-603 Investments
   

Professional subjects (4)
 

• ACSC71-400 Actuarial Control Cycle 1

• ACSC71-401 Actuarial Control Cycle 2 

• ACSC71-403 Actuarial Research Essay (20 Weeks) (final semester subject)

• DTSC71-302 Statistical Learning and Regression Models

Academic entry requirements

Entry into the Master of Actuarial Practice requires the completion of an undergraduate degree from a recognised institution and well-developed advanced mathematical abilities.

The below fees are based on the total estimated program fee divided by the number of standard full-time semesters required to complete the program. Fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester.
 

Semester program fee:
 

• Students commencing study : $22,616* per semester average
   

Total program fee:
 

• Students commencing study : $113,080

Bond Actuarial graduates are very well placed in the job market and the skills are highly transferrable between countries. The growing demand for data science skills is due to organisations realising the benefits they can gain from analysing big data, particularly in applications of data mining, machine learning and other techniques across many industries.  
 

A Master of Actuarial Practice will prepare students for rewarding careers in a range of disciplines, including: 
 

• Climatology 

• Business Consulting 

• Data Analytics and Predictive Algorithms 

• E-Commerce and Digital Marketing

• Economics 

• Finance 

• Health Administration 

• Insurance 

• Quantitative Research and Infrastructure 

• Risk Management 

• Safety Assessment and Risk Mitigation 

• Statistical Inferences  

• Superannuation and Lifetime Asset Management 

• Technology Innovation 
   

 Graduates are highly sought after upon graduation and employable as a: 
 

• Business Efficiency Consultant  

• Investment Valuation Analyst 

• Portfolio Manager 

• Hedge Fund Manager 

• Actuarial Consultant 

• Insurance Actuary 

• Superannuation Actuary 

• Regulatory Actuary 

• Risk Assessment Analyst 

• Data Science Analyst 

• Liability Manager 

• Pricing Associate  

• Portfolio Analyst