QS Rank:

13

University of Melbourne

Victoria
,Australia

Program Rank

28

Program Name
Bachelor of Science in Actuarial Studies

Deadline
March 31st, 2026
Overview

Duration
48 Months

Median Salary
$58,000
Ranking
#25
US World and News Report
#33
The World University Rankings
#13
QS World University Rankings

Intake
Fall ( Sept - Nov )

Intake
Spring ( Apr - June )
Class Profile

Class Size
150

Average Age
20

Average Work Experience
0 Years

International Students
28
Career Outcomes

Median Earnings After Graduation
$58,000 / year

Job Placement
97%
Prospective Job Roles
Financial Analyst
Risk Analyst
Data Scientist
Consultant
Actuary
Top recruiters









Eligibility Criteria

At least 3.5 / 4.0 undergraduate GPA is expected.
English Proficiency Tests
TOEFL

IELTS
6.5

PTE
58

Duolingo

Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 120

Transcript

English Proficiency Test

Academic LOR

Resume

General LOR
Application Deadlines
| Rolling Admission | Regular | |
|---|---|---|
| Fall | N/A | N/A |
| Spring | N/A | Nov 30, 2025 |
| Summer | N/A | Mar 31, 2026 |
Fees and Funding

Tuition Fees
$57,928 / year

Overall Cost
$77,928 / year
Funding Options
Merit Scholarship
Scholarships

Merit-based scholarships
FAQs
- A student can complete Actuarial Studies at University of Melbourne with in 36.
- The application fee to pursue Actuarial Studies at University of Melbourne is AUD 100 for international students.
- The annual tuition fee to pursue Actuarial Studies at University of Melbourne is AUD 46944.
- The Actuarial Studies at University of Melbourne has 6 semesters.
- The submission of these scores mainly depends on the type of degree/ course selected at the University of Melbourne. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Melbourne requirements before submitting a score.
- Actuarial Studies can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
- If a student fulfils all the eligibility criteria and admission requirements of University of Melbourne, they can easily pursue Actuarial Studies. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
- An MS degree at University of Melbourne can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Melbourne website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at University of Melbourne by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
Ready to elevate your study abroad journey?
Book a call with us now and take the first step towards your global future!



