Name: Bachelor's
Price: 46944 USD

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QS Rank:

University of Melbourne

Victoria

Australia

Overview

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Bachelor of Actuarial Studies in Actuarial Science is one of the most favoured degree programs undertaken by students from the University of Melbourne. The reason for the popularity of this degree course is that it has consistently ranked on reputed global educational platforms.

The course is designed to give fundamental and advanced knowledge in the Actuarial Science. International students enrolled in a BS Degree in Actuarial Science at the University of Melbourne experience quality education and comprehensive hands-on practical learning.

The qualified teachers, high-end classrooms, interactive curriculum, cost-effective tuition fees and merit-based scholarships offer students the opportunity to develop holistically. Overall, graduating with a BS Degree in Actuarial Studies at University of Melbourne will make students job ready.

Why Study Actuarial Studies at University of Melbourne

Most preferred by international students
Provides enough hands-on learning experience
Study in high-end classrooms from experienced teachers
An array of internship and work opportunities all customised after course completion to prepare the students for the real world

Duration

36 Months

Median Salary

$65,000

Ranking

#25

US World and News Report

#33

The World University Rankings

#37

QS World University Rankings

Class Profile

Class Size

150

Average Age

Average Work Experience

0 Years

Diversity

Asia:

25%

Africa:

Oceania:

Europe:

20%

North America:

15%

South America:

10%

Others:

20%

Career Outcomes

Median Earnings After Graduation

$65,000 / year

Prospective Job Roles

Statistician

Risk Manager

Data Scientist

Financial Planner

Underwriter

Actuary

Analyst

Consultant

Insurance Underwriter

Top recruiters

Eligibility Criteria

English Proficiency Tests

TOEFL
79
IELTS
6.5
PTE
58

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.

Transcript

Academic LOR
Resume

Application Deadlines

Fees and Funding

Tuition Fees

$46,944 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Melbourne offers a variety of scholarships for students studying actuarial studies. These scholarships are awarded based on academic merit, financial need, or a combination of both. Some of the scholarships available include the Melbourne Actuarial Scholarship, the University of Melbourne Actuarial Studies Scholarship, and the Actuarial Studies Scholarship for Women.

Melbourne Actuarial Scholarship
University of Melbourne Actuarial Studies Scholarship
Actuarial Studies Scholarship for Women

FAQs

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.
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.