Melbourne Business Schools Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specializing in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a practice pathway, which focuses on advanced professional training, and a research pathway, which prepares students for the PhD in Actuarial Studies.
Postgraduate and higher courses usually use academic prerequisites, degree equivalence and English-language requirements.
Postgraduate entry
Have completed an undergraduate or postgraduate degree in actuarial science (or similar) with a Weighted Average Mark of at least 75%) (or equivalent),
Have completed the Graduate Records Examination (GRE), unless you have completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption,
Submit a 500 word personal statement outlining why you wish to be considered for this course.
English requirement
IELTS 6.5, no band below 6TOEFL iBT 79, no band below 20PTE Academic 58-64, no band below 50Cambridge C1 Advanced / C2 Proficiency 176-184, no band below 169
If the student's current English result is below the direct-entry requirement, consider the university's recognised English language pathway or ELICOS package. When the student successfully completes the approved pathway at the required level, the university may accept that pathway for English entry without requiring a new IELTS, TOEFL or PTE result. Always confirm exclusions for professional registration courses and the offer conditions.