Master in Actuarial Studies

The deadline to apply for the Feb 2027 intake is Jan 1, 2027. Tuition fees are 53,000 AUD per year.

The Master in Actuarial Studies is a two-year degree program that helps students develop advanced expertise in statistics, econometrics, and mathematics. This program is for students who want to work in the insurance industry and learn how to apply mathematical systems to complex economic problems. It's a great fit for those who want to work in finance, business modeling, or economics.

In this program, students learn about advanced analytical and mathematical systems, including econometrics, actuarial practice, and business modeling. They develop skills in data analysis, statistical modeling, and financial mathematics. The program also covers specific areas of actuarial practice and includes exemptions for parts of the Institute of Actuaries of Australia exams.

Graduates can pursue careers as actuaries, risk managers, data analysts, financial modelers, or investment analysts. They can work in industries like insurance, finance, or consulting, using their analytical skills to help businesses make informed decisions.

Monash University Clayton is a modern, research intensive institution founded in 1958 and recognised for its global outlook and comprehensive academic offering. Located within a large Melbourne campus network, Monash provides undergraduate, postgraduate and research programs across ten faculties, supported by extensive facilities and a strong focus on impactful research.

The campus combines cutting edge laboratories, industry partnerships and interdisciplinary programs that prepare students for complex global challenges, from health and climate to technology and public policy. With a large international student community and connections across the Indo-Pacific, Monash fosters collaboration, provides exchange and internship opportunities, and supports students with career services and research mentorship.

Students at Monash benefit from a lively campus life, access to specialist centres and practical learning pathways that bridge theory and professional practice. The university's global footprint and diverse community make it a good fit for international students seeking a research driven education with strong industry links, personal support services and opportunities to engage in real world projects during their studies.