The Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further.
With sufficiently high results students are able to obtain exemptions from exams of the Actuaries Institute (Australia), including the whole of Part II.
The Master of Commerce (Actuarial Science) has a ‘practice’ pathway, which focuses on advanced professional training, and a ‘research’ pathway, which prepares students for the PhD in Actuarial Studies.
The degree focuses on actuarial theory and practice, specialising in:
The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science.
Graduates of the degree who have performed at a sufficiently high level will have gained the knowledge to complete the associateship of the Actuaries Institute and may gain exemptions from almost all of its requirements.
Graduates of this program are employed in roles such as:
The Master of Actuarial Science provides non-actuarial graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering) with the skills required for immediate transition into the actuarial workplace as a trainee actuary.
The Master of Actuarial Science is designed to provide non-actuarial graduates with their initial education in actuarial studies and thus the skills necessary for their immediate transition into the actuarial workplace as a trainee actuary.
Graduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute.