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Students
Tuition Fee
Start Date
Medium of studying
Duration
24 months
Program Facts
Program Details
Degree
Masters
Major
Actuarial Science | Statistics | Probability Theory
Area of study
Mathematics and Statistics
Course Language
English
About Program

Program Overview


The Master of Actuarial Practice at Macquarie University is a professionally accredited program that equips students with the skills to apply mathematical, statistical, economic, and financial analysis to practical problems in long-term risk management, finance, and insurance. Graduates are prepared for careers as actuaries, who advise governments, financial institutions, and other organizations on financial management, risk management, product design, and complex transactions. The program is taught by a team of experienced faculty members who are actively involved in research and industry, and utilizes a multimode learning and teaching approach that offers optimal flexibility without compromising on quality.

Program Outline


Degree Overview:

The Master of Actuarial Practice is a professionally accredited program that equips students with the skills to apply mathematical, statistical, economic, and financial analysis to practical problems in long-term risk management, finance, and insurance. Graduates are prepared for careers as actuaries, who advise governments, financial institutions, and other organizations on financial management, risk management, product design, and complex transactions.


Outline:

The program consists of a combination of foundation-level and university components of the associate-level professional qualifications of the Actuaries Institute. Students undertake a wide range of units in actuarial science, economics, finance, and statistics.


Teaching:

The program is taught by a team of experienced faculty members who are actively involved in research and industry. The program utilizes a multimode learning and teaching approach that offers optimal flexibility without compromising on quality. The program is enhanced by Macquarie University's location in Australia's major tech precinct, which provides students with access to industry experts and cutting-edge research facilities.


Careers:

Graduates of the Master of Actuarial Practice are in high demand in a variety of industries, including insurance, finance, consulting, and government. The program prepares students for a wide range of roles, including:

  • Actuary
  • Financial Analyst
  • Risk Manager
  • Insurance Underwriter
  • Data Scientist

Other:

  • The program is recognized as a Centre of Actuarial Excellence by the Society of Actuaries.
  • Macquarie University has invested $1 billion in creating world-class campus facilities and infrastructure.
  • Students can choose to specialize in either the Actuaries Institute Specialisation or the Society of Actuaries Specialisation.
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