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Master of Actuarial Science

Program overview

A Master of Actuarial Science will develop your skills in the challenge of crunching numbers to evaluate risk and create practical solutions for real-world problems. Bond is the only university in Queensland to be Accredited by the Actuaries Institute and is an innovative and immersive program that combines elements of economics, finance, data science, and advanced probability theory. This encourages students to develop techniques for the management of risk and improvement of business decision-making.

The Master of Actuarial Science is a four-semester program that provides those with an undergraduate degree in an alternative field of study, an opportunity to gain Part I (Foundation program) accreditation, from the Actuaries Institute.

Students who have successfully completed cognate undergraduate programs, may be eligible for advanced standing of up to 30 credit points toward the Master of Actuarial Science program.

Program code: BN-13144

CRICOS code: 108628M

Program overview

A Master of Actuarial Science will develop your skills in the challenge of crunching numbers to evaluate risk and create practical solutions for real-world problems. Bond is the only university in Queensland to be Accredited by the Actuaries Institute and is an innovative and immersive program that combines elements of economics, finance, data science, and advanced probability theory. This encourages students to develop techniques for the management of risk and improvement of business decision-making.

The Master of Actuarial Science is a four-semester program that provides those with an undergraduate degree in an alternative field of study, an opportunity to gain Part I (Foundation program) accreditation, from the Actuaries Institute.

Students who have successfully completed cognate undergraduate programs, may be eligible for advanced standing of up to 30 credit points toward the Master of Actuarial Science program.

Program code: BN-13144

CRICOS code: 108628M

Exploring innovation and information through Actuarial Science

About this program

Accredited by the Actuaries Institute, the Master of Actuarial Science 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 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 crunching 'big data' numbers 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

Program specific scholarships

Bond Business School Postgraduate Bursaries

The Bond Business School Postgraduate Bursary has been developed to financially assist new postgraduate students enrolling in certain programs within the Bond Business School. The bursary will be assessed on a variety of factors including your contribution to the community.

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What you'll be studying

  • Semester 1

    The Master of Actuarial Science is a four-semester program comprised of 12 required subjects. In your first semester, you will begin to immerse yourself in Financial Mathematics, Accounting Principles, and Economics for Business as your first subjects. In this semester, you will focus on the foundation of compound interest theories, learn to apply fundamental accounting concepts and procedures to prepare and interpret basic financial statements, and bridge the gap between financial theory.

Program features

  • Accredited program

    This program is a four-semester program that covers all components of Part I (Foundation) accreditation with the Actuaries Institute.

  • Stand out

    With the Master of Actuarial Science, you will have a strong focus on financial risk and data analytics. This means you graduate better prepared for the future of business, and the jobs of tomorrow.

  • Networking opportunities

    As a Bond student, you will have access to an array of networking opportunities, featuring high profile Australian, and International business leaders.

  • Gain Bloomberg skills

    As an Actuarial student, you will have the opportunity to complete and obtain Bloomberg certification. By gaining a globally recognised Bloomberg certification during your studies, you will demonstrate a high level of competency using the Bloomberg professional service.

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Inherent requirements

Inherent requirements are the essential abilities, knowledge and skills required to successfully complete the program. Learn more about the inherent requirements and make an informed decision about your capacity to undertake the program.

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Hear from our Bondies

  • Master of Actuarial Science

    "Personally, I had never done any actuarial subjects before I started my Master’s at Bond, however, they basically teach you from the ground up in actuarial work. The program would be best suited to anyone who has a strong interest in mathematics and problem solving."

    Lachlan Farr - Student
  • "Studying Actuarial Science combines a wide array of important business and real-world skills including accounting, economics, finance, data analytics, computer science and probability theory. The skills associated with the Actuarial profession are highly transferrable to many fields. You will participate in real-world project units which provide direct training in gathering, analysing and communicating the results of data-based investigations to deliver added business value to any organisation."

    Professor Steven Stern - Professor of Data Science
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Hear from our Bondies

  • Master of Actuarial Science

    "Personally, I had never done any actuarial subjects before I started my Master’s at Bond, however, they basically teach you from the ground up in actuarial work. The program would be best suited to anyone who has a strong interest in mathematics and problem solving."

    Lachlan Farr - Student
  • "Studying Actuarial Science combines a wide array of important business and real-world skills including accounting, economics, finance, data analytics, computer science and probability theory. The skills associated with the Actuarial profession are highly transferrable to many fields. You will participate in real-world project units which provide direct training in gathering, analysing and communicating the results of data-based investigations to deliver added business value to any organisation."

    Professor Steven Stern - Professor of Data Science
PreviousNext

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