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Master of Actuarial Studies

University of New South Wales (UNSW) - Kensington Campus

Australia,New South Wales

0 Shortlist

20 Months

Duration

CAD 56,000/year

Tuition Fee

CAD 150

Application Fee

Apply Date

Australia, New South Wales

Type: University

Location Type: Semi-Urban

Founded: 1949

Total Students: 65,600 +

Int. Students: 22,946 +

Campus Detail

Main Campus Address

Civil Engineering Building (H20), Library Rd, UNSW Sydney, Kensington NSW 2052, Australia

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Master of Actuarial Studies

Program Overview

The Master of Actuarial Studies equips you with the data analytics and quantitative risk management training for an actuarial career, and careers in finance.

Through this degree, you’ll learn to apply advanced analytical techniques, deliver highly valued data analytics, and actionable insights. You’ll also develop a specialist quantitative skill set in actuarial models, financial mathematics, probability, machine learning / artificial intelligence analytics, and commerce. The program is accredited by the Actuaries Institute and includes courses and electives to develop your future career as a business professional.

The program has also earned the University-Earned Credit (UEC) program status for Financial Mathematics (FM) exam and Statistics for Risk Modelling (SRM) exam. This UEC program facilitates the pathway for students who pursue the Society of Actuaries (SOA) profession by providing opportunities to earn credit for SOA exams.

Graduates of actuarial studies are in high demand. Upon graduation you’ll be ready for a quantitative role in a range of industries including financial services, insurance, and superannuation, and be equipped help businesses, governments, not-for-profit organisations, and individuals make critical decisions for the future.

If you have already completed an undergraduate degree in Actuarial Studies, the Master of Actuarial Studies will allow you to complete courses equivalent to the Foundation Program of the Actuaries Institute. You can also complete the "Actuarial Control Cycle" and "Data Analytics Principles" courses of the Actuary Program.

Detailed Program Facts

Program Level

Master's Degree

Application Processing Days

28 Days

Program Intensity

Full-Time

Duration of Program

20 Months

Program Intakes

Intake Month/Year		Intake Status
feb 2024		Closed
feb 2025		Closed
may 2024		Closed
jun 2025		Opening Later
sep 2024		Closed
sep 2025		Opening Later

Application Fee

Application Fee: CAD 150

Tuition Fee

CAD 56,000 per year

*Note: The fee is approximate and is subject to change

Living Cost in University of New South Wales (UNSW) - Kensington Campus

CAD 29,710 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 7.0 - 6 - With No Band Less Than
PTE
- Minimum Overall Score - 65.0

Minimum Level of Education required: To be accepted for this program, students must have a Bachelor's degree.

Minimum CGPA Required: 65.00 %

Additional Information

Scholarships

UNSW is where ambitious and high-achieving students from around the world study and succeed. We offer scholarships for international students to empower them to realise their potential. Our scholarships are not just based on your grades – UNSW values leadership skills, extracurricular interests and your passion to study with us. Our international scholarships and awards will help you to gain financial support, recognition of your academic excellence and they will help you stand out to future employers.

International Scientia Coursework Scholarship - Alongside academic merit, we want you to show us your passion to become a leader, how you have engaged in extracurricular interests, and share with us why UNSW is the university for you.

What you receive:

A full scholarship on your tuition fees or,
AUD$20,000 per annum for the minimum duration of your program.

You will also have access to networks and support including ‘fast-tracked’ applications for campus accommodation, awards and networking events and guaranteed entry into the UNSW Professional Development Program.

Australia’s Global University Award - If you have strong academic merit and are passionate about achieving your goals through university study, you will be considered for Australia’s Global University Award.

What you receive:

AUD$10,000 for one year

Work Permit

PGWP

Students who have completed their studies in Australia can apply for a Post Study Work Permit or a Temporary Graduate Visa (subclass 485) to continue working in Australia post the completion of their study programs. As an international student, one can apply for the visa but not later than six months after completing your course. But to be eligible, you must meet the Australian Study Requirements, which include a minimum of 16 months of stay in Australia and a completing 92 weeks of a course registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS).

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