What will I learn?
The Master of Actuarial Studies is suitable if you have a strong background in actuarial studies, economics, mathematics or statistics. The program will prepare you for an actuarial career. If you have completed an undergraduate degree in Actuarial Studies, the Master of Actuarial studies will allow you to complete courses equivalent to the Part I professional courses that you have yet to complete. You can also complete the Part II courses of the Institute of Actuaries of Australia and includes optional courses to assist with later professional Fellowship examinations. You can also broaden your actuarial training by including relevant courses in the Business School at postgraduate level in other disciplines through a selection of elective courses.
The Master of Actuarial Studies allows you to obtain and develop the required competencies to enter an actuarial career and provides quantitative risk management training for entry into the financial services industry. The program covers the professional actuarial subjects and includes options in actuarial studies, quantitative risk management, and other related disciplines.
Program Objectives and Graduate Attributes
Learning goals and associated learning outcomes for the Master of Actuarial Studies:
Knowledge: Our graduates will have current Actuarial knowledge applicable in local and global contexts.
Critical thinking and problem solving: Our graduates will have critical thinking and problem solving skills applicable to business and/or management practice or issues.
Communication: Our graduates will be effective communicators in professional contexts.
Teamwork: Our graduates will be effective team participants.
Ethical, social and environmental responsibility: Our graduates will be aware of ethical, social, cultural and environmental implications of business issues and practice.
The Master of Actuarial Studies is a 1.5 year (full-time) or 3 year (part-time) degree program consisting of 12 courses (72 UOC): 4 core courses, plus 8 elective courses.
Job and career prospects
Asset management trainee
Risk assessment officer
Wealth management analyst
Which department am I in? UNSW Business School
Applicants with a completed Bachelor is degree or equivalent. English Language Requirements: IELTS Academic: 6.5 overall (min. 6.0 in each subtest); TOEFL Internet-based Test (iBT): 90 overall (min. 23 in writing, 22 in reading, listening and speaking); TOEFL - Paper-based Test (PBT) 577 overall (min. 5.0 in TWE); Pearson Test of English (PTE) Academic - 64 overall (min. 54 in each subtest); Cambridge Certificate of Proficiency in English (CPE) - 180 overall (min.180 in each subtest; Cambridge Certificate in Advanced English (CAE) - 176 overall (min.169 in each subtest).
Students must have a recognised Bachelor degree (or equivalent) majoring in actuarial studies, econometrics, mathematics or statistics with a credit average grade. Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level at above credit grade.
English Language requirements: IELTS score 7.0 overall (min. 6.0 in each subtest), 94 overall (min. 25 in writing, 23 in reading, listening and speaking), TOEFL (PBT): 589 overall (min. 5.0 in TWE); University English Entry Course (UEEC): successful completion of the UEEC with a grade of C plus and a minimum score of 20 in the writing component; PTE (Academic) - Pearson Test of English academic: 65 overall (min. 54 in each subtest); Certificate of Proficiency in English (CPE): 185 overall (min.180 in each subtest); Certificate in Advanced English (CAE): 185 overall (min.169 in each subtest).
Offered by other partners
This university accepts pathways courses from TAFE NSW
USD $1,953 for 6.0 units or less; USD $3,369 for 6.1 units or more
26 February 2018, 23 July 2018, 18 February 2019
University of New South Wales - UNSW Kensington Campus, High Street, Kensington, UNSW SYDNEY, New South Wales, 2052, SYDNEY, Australia