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Monash University

Monash University

Master of Actuarial Studies in Actuarial Studies

Full-time 2 Years

Feb 2027

OFFER RESPONSE

7 Days

APPLICATION FEE

125 AUD

BACKLOGS

2 backlogs accepted

POST STUDY WORK

2-4 Years

TUITION

59900 AUD
PER YEAR

LIVING/ PER YEAR

35340 AUD
PER YEAR

DURATION

2 Years

INTAKE

Feb 2027
Deadline:01 Dec 2026

COURSE CURRICULUM

The Master of Actuarial Studies is thoughtfully structured into three distinct parts to ensure a comprehensive and progressive learning experience: Advanced Preparatory, Mastery Knowledge, and Application Studies. Part A, Advanced Preparatory, is designed to provide students with a solid foundation by reviewing key concepts and essential knowledge required for more advanced actuarial studies. This stage ensures that all students, regardless of their academic background, are equipped with the core principles needed to succeed in the program. Part B, Mastery Knowledge, focuses on deepening the student's understanding of econometric methods and developing their ability to apply actuarial knowledge to real-world challenges. In this phase, students learn to craft data-driven solutions tailored to various contexts, including business environments, professional practice, and public policy. The emphasis is on building technical proficiency and analytical skills that are critical in the actuarial profession. Finally, Part C, Application Studies, emphasizes practical and scholarly work that supports professional development. This component allows students to choose from a range of complementary units offered throughout the university, enabling them to tailor their studies to their individual career goals and interests. These units contribute to a portfolio of experience and learning that students can present to future employers, demonstrating their readiness to tackle complex problems in professional settings. The three-part structure of the program not only builds advanced technical knowledge but also promotes the development of practical skills and interdisciplinary learning. It prepares students to transition confidently into the workforce, equipped with both theoretical insights and hands-on experience. By combining rigorous academic training with real-world application, the Master of Actuarial Studies ensures that graduates are well-prepared for a successful and impactful career in actuarial science and related fields.

Mode of Study

Full-time

Job Rate

94%

Course Entry Requirements

Review the entry and language criteria.

Choose your language proficiency test

* No IELTS, no TOEFL - this australia college doesn’t require an English test.

Scholarship Details

Details depend on the scholarships and study programs selected

*Based on Academic merit, students can receive scholarships ranging from Up to 11980, depending on their performance and program criteria.

AVG STARTING SALARY

₹47L

for MSc Data Science at University of Edinburgh

PLACEMENT RATE

91%

across top 6 programs

Top recruiting companies

Google

Meta

JP Morgan

Amazon

Microsoft

Stripe

Atlassian

Deloitte

Expected Annual Salary

A$85,000 / year

A$70KA$100K

Total Tuition Fees (2 Years)

A$119,800

Total Living Costs

A$70,680

Total Investment

A$190,480

Years to Payback

2.2 YEARS

We calculate your ROI by dividing your total investment by your expected salary; this shows you exactly when your career starts generating pure profit for you.

Ready to take the next step?

Our counsellors review every application before it goes to the university.

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+91 85519-85519

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support@edvia.ai

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Master of Actuarial Studies in Actuarial Studies