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Introduction

Emerging as a key growth sector of the 21st century, actuarial science applies elements of economics, finance, statistics and advanced mathematics to interpret, manage and evaluate risk. Never before have organisations had such extraordinary access to personal information, health statistics, buying habits, population movement, employment trends and much, much more. In these numbers lie the answers to the big questions that really matter. The Master of Actuarial Science is a three semester degree that provides students with an undergraduate degree in an alternative field an opportunity to complete Part I with the Actuaries Institute. The Master of Actuarial Science is taught in 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 crunching 'big data' numbers to create practical solutions for real world problems. Bond is the only university in Queensland to offer the program fully accredited by the Actuaries Institute

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About the 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 Macquarie Trading Room and Bloomberg data-sourcing terminals. Show more

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 Macquarie Trading Room 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 University has applied for accreditation with the Actuaries Institute. Once this is granted, 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
Duration3 semesters (1 year)
Starting semestersJanuary 2018, May 2018, September 2018, September 2017
Program typeMasters Coursework
Study areaActuarial Science
Program codeBN-13121
CRICOS code092654M
Credit for prior studyFor more details on applying for credit, please contact the Student Business Centre: sbc@bond.edu.au

The Master of Actuarial Science 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 Science students must complete the following eleven subjects:

Plus one elective subject.

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

  • Study Tour
    The Study Tour requires approval from the Faculty. (Please note that Additional Costs are associated with this subject).
  • Business Internship
    The Internship requires a GPA credit average and requires approval from the Faculty with an application to the Career Development Centre.
  • Special Topic
    The Special Topic is only available in exceptional circumstances and requires Program Director's approval.

The total program fees are:

  • $53,784
  • $55,923

Price may vary depending on elective discipline choice.

When considering the fees associated with your studies, keep in mind that Bond’s accelerated schedule means you can finish your degree sooner and be out in the workforce up to a year earlier than if you went to another university.

This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.

Find out your financing options and other costs to consider.

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.

Program variations

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