You are viewing this page as an international student.
Change to Domestic

You are a domestic student if you are an Australian citizen, a New Zealand citizen or the holder of an Australian permanent visa.

You are an international student whether you are within or outside Australia and you do not meet the domestic student criteria.

COVID-19 (coronavirus): Latest advice for the Bond community.

About the program

The Master of Actuarial Science (Specialisation) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making.  The Master of Actuarial Science (Specialisation) will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond FinTech Hub and Bloomberg data-sourcing terminals. Show more

The Master of Actuarial Science (Specialisation) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making.  The Master of Actuarial Science (Specialisation) will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond FinTech Hub and Bloomberg data-sourcing terminals. The program will develop skills in the challenge of handling 'big data’ to create practical solutions for real-world problems.  Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high-level manager. The successful completion of the program at an appropriate level of performance will lead to Part I qualification with the Actuaries Institute. Show less

ModeOn Campus
Duration6 semesters (2 years)
Starting semesters
  • September 2022
  • January 2023
  • May 2023
  • September 2023
  • January 2024
  • May 2024
  • September 2024
Program typeMasters Coursework
Study areaActuarial Science
Program codeBN-13145
CRICOS code108629K
Credit for prior studyFor more details on applying for credit, please contact the Student Business Centre: [email protected]
The Master of Actuarial Science (Specialisation) program comprises 18 subjects, as follows:
Required subjects (12)

Specialisation (4)

Elective (2)

  • Students can choose 2 General Elective Subjects (20CP).
  • General elective – A subject that may be chosen from any subject on offer across the University provided requisites, enrolment restrictions and any other faculty requirements have been met.

Students may also choose one of the following opportunities to use your elective subject to have international experiences or an Internship opportunity provided you meet the requirements. Please discuss this with the Enrolment Advisor in the Student Business Centre.

Study Tour
  • The Study Tour requires approval from the Faculty. (Please note that additional costs and visa requirements are associated with this subject).
Business Internship
Individual Study Topic
  • The Individual Study Topic is only available in exceptional circumstances and requires the Program Director's approval.

    Please visit BBS Program Structure and Sequencing for guidance on study plans.

    Academic entry requirements

    Entry into the Master of Actuarial Science requires the completion of an undergraduate degree from a recognised institution and well-developed mathematical abilities.

    Please contact the Office of Future Students for further information.

    English language proficiency requirements

    As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English language proficiency requirements for university study.

    Credit for prior study

    Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to how to apply for credit for more information

    Key dates

    Bond University calendar

    How to apply

    In order to apply for study at Bond University, you will need to complete the online application form. To find out more about the application process please refer to how to apply.

    Future outcomes

    Bond Actuarial graduates are very well placed in the job market and the skills are highly transferrable between countries. The growing demand for quantitative business skills is due to organisations realising the benefits they can gain from analysing big data, particularly in applications of data mining, machine learning and other techniques across many industries.  

    A Master of Actuarial Science (Specialisation) will prepare students for rewarding careers in a range of disciplines, including: 

    • Climatology 
    • Business Consulting 
    • Data Analytics and Predictive Algorithms 
    • E-Commerce and Digital Marketing 
    • Economics 
    • Finance 
    • Health Administration 
    • Insurance 
    • Quantitative Research and Infrastructure 
    • Risk Management 
    • Safety Assessment and Risk Mitigation 
    • Statistical Inferences  
    • Superannuation and Lifetime Asset Management 
    • Technology Innovation 

    Our graduates are highly sought after upon graduation and employable as a:

    • Business Efficiency Consultant
    • Investment Valuation Analyst 
    • Portfolio Manager 
    • Hedge Fund Manager 
    • Actuarial Consultant 
    • Insurance Actuary 
    • Superannuation Actuary 
    • Regulatory Actuary 
    • Risk Assessment Analyst 
    • Data Science Analyst 
    • Liability Manager 
    • Pricing Associate  
    • Portfolio Analyst  

    High achieving students will be encouraged to complete their Doctor of Philosophy (PhD) with Bond’s Centre for Data Analytics.

    Bond is one of only seven universities in Australia, the only one in Queensland, to offer the fully accredited program by the Actuaries Institute and has recognition agreements with the Society of Actuaries (worldwide). 

    Bond Business School is among less than 7% of the world’s 13,000 business programs to have earned accreditation from the Association to Advance Collegiate Schools of Business (AACSB) and less than 2% have earned European Foundation for Management Development's (EFMD) European Quality Improvement System (EQUIS) accreditation. Bond Business School is both AACSB and EQUIS accredited placing us in the top 2% of Business Schools in the world.  

    Bond Business School is also 1 of 4 universities in Australia who are members of the Graduate Management Admission Council (GMAC), a tangible statement of the significant contribution our programs make to graduate management education. 

    At Bond, we believe education goes beyond the classroom. Our unique Beyond Bond program will expand your horizons with internships, global volunteering programs, international competitions, industry conferences, study tours, community service and much, much more.