The Master of Commerce (Actuarial Science) offers comprehensive training in actuarial science and provides research experience through completion of research projects. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. The Masters of Commerce (Actuarial Science) also provides a pathway to a PhD in actuarial studies. It is designed to provide business/commerce graduates who already possess actuarial knowledge with further advanced study in actuarial science.
Commonwealth Supported Places available
This course offers both Commonwealth Supported Places (CSPs) and Australian Fee (AF) Places to domestic students.
Indicative Commonwealth Supported Place (CSP) course fee:
Find out more about CSP student contribution amounts
Indicative total Australian (AF) course fee:
Typical Australian (AF) course fee for 2018:
Commonwealth Supported Places (CSPs)
A limited number of Commonwealth Supported Places will be awarded on the basis of academic merit. A Commonwealth Supported Place is subsidised by the Australian Government. Students pay a contribution amount that is determined by the Australian Government, based on the subjects undertaken. Find out more about CSP student contribution amounts.
Australian Fee Places (AF)
If you are not eligible for a Commonwealth Supported Place, you will automatically be considered for an Australian Fee place if you are eligible for a place in the course. Students enrolled in an AF place are required to pay the full cost of their tuition fees to the University. Australian Fee places are not subsidised by the Australian Government, however you may be eligible for FEE-HELP to assist with payment of tuition fees. If this course is relevant to your current employment, you may be able to deduct course costs from taxable income: see the ATO website for further information.
How course fees are calculated
Your course fee per year is calculated on the basis of one year full-time study (1 EFTSL). Actual fees vary depending on the subjects you are taking. The University reviews fees annually. The indicative total course fee is based on typical subject enrolments, and includes an indexation of 5% per annum. More information about tuition fees.
The duration indicated is maximum course duration and does not take into account any advanced standing for prior studies. The course may be shorter depending on your academic background and/or relevant work experience where applicable.
If you have completed post-secondary study, you may be eligible for credit/advanced standing towards your studies at the University. Find out more.