Master of Commerce (Actuarial Science)

at University of Melbourne

The degree is designed to be completed in one and a half years of full-time study or three years part time and requires completion of 150 points, comprised of:

• 7 core actuarial subjects and
• 5 elective subjects.

Student can elect to follow one of two pathways; the practice pathway or the research pathway.

Core Subjects

• Mathematics of Finance III
• Insurance Risk Models
• Actuarial Practice and Control I

In order to be considered for entry, applicants must have completed:

• an undergraduate degree in any discipline with a weighted average mark of at least H3 (65%), or equivalent; and
• a portfolio of recent design work, submitted in accordance with the requirements of the Selection Committee; and
• a personal statement which outlines relevant prior study, work experience and motivation to undertake the course; and, for students not seeking credit;
• a 250-word essay on one designed or vernacular work of landscape architecture that the applicant has seen and found significant.
• Meeting these requirements does not guarantee selection.

In ranking applications, the Selection Committee will consider:

• prior academic performance; and
• the personal statement; and
• the design portfolio.

Indicative first year fee
AUD$34,816

Indicative total course fee
AUD$53,094

You will leave the degree with a number of essential skills, including the ability to:

• Critically analyse theoretical and practical problems in actuarial work
• Evaluate analytically and numerically using actuarial models
• Understand actuarial practice and conduct