Master of Actuarial Practice

The Master of Actuarial Practice is a five semester degree for postgraduate students. This degree provides students with the opportunity to complete all actuarial Part I and Part II subjects. In addition, students have the opportunity to undertake a specialisation. The recommended specialisation is Big Data, however students also have the option to choose any other Bond Business School specialisation. This 92 week program contains a 20 week thesis component in the final semester. Bond is the only university in Queensland to offer the program fully accredited by the Actuaries Institute. 

About the program

Accredited by the Actuaries Institute, the Master of Actuarial Practice is an innovative and immersive program that combines advanced mathematics, statistics, data analytics, actuarial risk theory, finance, economics and accounting with large-scale, real-life commercial data analysis to develop techniques for the management of risk and business decision making. An integral part of this degree is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject.

The Master of Actuarial Practice will deliver smaller classes for personalised attention and unparalleled access to Bond University's Macquarie Trading Room 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.

The Master of of Actuarial Practice will prepare students for rewarding careers in a range of disciplines, including:

  • Climatology
  • Consulting
  • Data Analytics
  • E-Commerce
  • Economics
  • Finance
  • Health
  • Insurance
  • Infrastructure
  • Research
  • Risk Management
  • Safety
  • Science
  • Statistics
  • Superannuation
  • Technology

Master of Actuarial Practice Students must complete the following eleven (11) core subjects:

 

lus the following four (4) professional subjects:

Plus five (5) approved elective subjects.
or
One of the postgraduate specialisations plus one (1) elective subject.

 

Academic entry requirements

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

Specialisations

You must complete the following subjects:
INFT71-216 Data Science
INFT71-223 Business Analytics and Big Data

Plus two (2) of the following subjects:
BUSN73-403 Advanced Econometrics
ECON71-200 Econometrics
INFT71-326 Advanced Regression
INFT71-327 Advanced Big Data Projects and Case Study
INFT73-361 Financial Trading Systems

You must complete Four of the following subjects:

ACCT71-601 Information Analysis and Systems
INFT71-308 Operations and Supply Chain Management
INFT71-321 Business Systems and Processes
INFT73-361 Financial Trading Systems

You must complete the following subjects:
FINC71-601 Corporate Finance
FINC71-607 International Financial Management

Plus two (2) of the following subjects:
FINC71-302 Finance Applications and Analysis
FINC71-305 Derivative Products
FINC71-308 Behavioural Finance
FINC71-318 Personal Investment
FINC71-603 Investments
FINC71-604 Capital Markets
FINC71-614 Mergers and Acquisitions

You must complete Four of the following subjects:

ECON71-303 International Trade
ENFB71-105 New Venture Lab
ENFB71-306 Bond Business Accelerator
FINC71-607 International Financial Management
IBUS71-602 Global Business
MGMT71-301 International Human Resource Management

You must complete Four of the following subjects:

MKTG71-312 Internet and Social Media Marketing
MKTG71-600 Marketing Fundamentals
MKTG71-601 Customer Analysis
MKTG71-602 Market Research
MKTG71-604 Communication Strategies
MKTG71-610 Marketing Practicum

Program variations

Actuarial Science

Our programs in Actuarial Science offer a unique focus on financial risk and big data analytics. Ranked among the best and fastest growing careers in the world, the actuarial sector is expecting significant growth over the next five years.

Macquarie Trading Room

Offering a real world trading experience, the Macquarie Trading Room is the leading facility of its type in Australia.

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