The Actuarial Studies program at Monash University offers a comprehensive education in risk assessment, financial mathematics, and data analysis, preparing students for high-demand careers in business, finance, and insurance sectors. The program emphasizes practical application of theoretical knowledge through industry engagement and real-world projects, fostering analytical, critical thinking, and communication skills essential for actuarial professionals.

  • Clayton, Victoria, Australia
  • 2 years
  • On Campus
  • ₹33,26,776/Year

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Program Overview

The Actuarial Studies program at Monash University offers a comprehensive education in risk assessment, financial mathematics, and data analysis, preparing students for high-demand careers in business, finance, and insurance sectors. The program emphasizes practical application of theoretical knowledge through industry engagement and real-world projects, fostering analytical, critical thinking, and communication skills essential for actuarial professionals.

QS World Ranking

Not Available in Not Available

Class Size

400 Students

Key Features

Specializations Available

AI/ML, Systems, Theory, Human-Computer Interaction

Research Opportunities

Access to cutting-edge research labs and industry partnerships

Admission Requirements

PTE Academic

58.0

Key Dates

Application Start time & Deadline

Starting 2025-07-01

Apply before 2025-06-01

Starting 2026-03-01

Apply before 2125-04-18

Program Start

Jul-25, 2026-07-01 00:00:00, March 2026 (limited programs), November 2025 (optional, selected programs)

Programme Structure

Courses include: Corporate finance Actuarial cash flow modelling Economics Actuarial practice Probability and statistical inference for economics and business Statistical modelling for actuarial studies

Program Highlights

  • Comprehensive curriculum covering all key topics
  • Hands-on projects and real-world case studies
  • Expert faculty with industry experience
  • Career support and placement assistance

Academic Requirements

GPA
N/A

English Language Requirements

PTE Academic
58.0
Overall Score

Additional Requirements

    To be eligible for the Actuarial Studies Master’s program, applicants must meet one of the following: 1) Complete an Australian bachelor’s degree or equivalent with a minimum of 65% (high credit) average, including introductory statistics and first-year calculus or algebra; 2) Hold a bachelor’s degree or graduate certificate in a cognate discipline with at least 65% average; 3) Possess an honours degree in a related field with similar academic standing. CRICOS code: 082326K. Applicants should demonstrate relevant academic background and meet specific coursework prerequisites.

Course Fees

₹33,26,776/Year
Annual Fee

2 years
Total Duration

Living Costs

    No Living costs available.

University Scholarships

Loughborough University Global Impact Scholarship

N/A

Amount

Various benefits

Deadline

Not Available

MRS Resident Advisor Scholarship

N/A

Amount

565 AUD

Deadline

Not Available

Cochrane Scholarship

N/A

Amount

6000 AUD

Deadline

Not Available

Monash International Leadership Scholarship

N/A

Amount

Various benefits

Deadline

Not Available

Monash International Tuition Scholarship (MITS)

N/A

Amount

Various benefits

Deadline

Not Available

External Scholarships

Rochelle Nicolette Perry Memorial Scholarship

N/A

Amount

1250 USD

Deadline

Not specified

Organization of American States (OAS) Academic Scholarship Program

N/A

Amount

Various benefits

Deadline

Not specified

Master's Scholarship

N/A

Amount

Various benefits

Deadline

Not specified

Denise Halbach Performance Scholarship

N/A

Amount

2000 USD

Deadline

15 Apr 2025

Thomas Jefferson Prize in United States History

N/A

Amount

300 EUR

Deadline

Anytime

Eligibility Requirements

    No Eligibility Requirements Available

Application Process

    No Application Steps Available

News About Abroad

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