Name: Master of Science
Price: 46588 USD

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QS Rank:

University of Melbourne

Victoria

Australia

Overview

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Master of Actuarial Science is one of the best courses to choose from that offers in-depth learning in a Actuarial Science. An MS Degree in Actuarial Science from the University of Melbourne has consistently made its place among the top global universities. International students prefer this course at the University of Melbourne due to its high graduate employability rate.

University of Melbourne offers exceptional education quality, high-end practical learning and ample work opportunities to its international students. After receiving their MS Degree in Actuarial Science from the University of Melbourne, students will be competent to carry out extensive research work in the field.

The interactive curriculum, vast research opportunities and exceptional teaching faculty at University of Melbourne offer students a life-altering learning experience. A Master of Science Degree helps students become creative and independent researchers. Overall, an MS Degree in Actuarial Science from the University of Melbourne is a great choice for students who want to analyse the field in great depth.

Why Study Actuarial Science at University of Melbourne

A popular choice for international students with a diverse community
Learn from the best faculty members and become their research assistants
High-end labs to facilitate research work
Excellent placement programs after course completion

Duration

18 Months

Median Salary

$75,000

Ranking

#25

US World and News Report

#33

The World University Rankings

#37

QS World University Rankings

Class Profile

Class Size

200

Average Age

Average Work Experience

2 Years

Diversity

Asia:

25%

Africa:

Oceania:

Europe:

20%

North America:

15%

South America:

10%

Others:

20%

Career Outcomes

Median Earnings After Graduation

$75,000 / year

Prospective Job Roles

Investment Analyst

Financial Analyst

Quantitative Analyst

Risk Analyst

Data Scientist

Business Analyst

Financial Planner

Underwriter

Actuary

Consultant

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

$46,588 / 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 science. These scholarships are based on academic merit, financial need, or a combination of both. The university also offers scholarships from external organizations, such as the Actuarial Society of Australia.

Actuarial Society of Australia
University of Melbourne

FAQs

Actuarial Science 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 Science. 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 Science at University of Melbourne with in 18.
The application fee to pursue Actuarial Science at University of Melbourne is AUD 100 for international students.
The annual tuition fee to pursue Actuarial Science at University of Melbourne is AUD 46588.
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.