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Further your career with a Master of Actuarial Science (Professional)

The September semester for this program will be delivered in a multi-modal format with a mixture of on-campus, mixed mode and remote classes. All students will be able to access Bond’s exceptional, personalised learning experience regardless of their location. For students who are able to attend campus, we are working toward the resumption of face-to-face classes especially for small group instruction such as tutorials, seminars, workshops and lab sessions.

This program is not available to domestic students. Please see Master of Actuarial Science.

This program has the same subjects as the Master of Actuarial Science with an additional 20-week Professional Portfolio component.

About the program

The Master of Actuarial Science (Professional) is an innovative and immersive program with an additional 20-week Professional component that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. Show more

The Master of Actuarial Science (Professional) is an innovative and immersive program with an additional 20-week Professional component 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 (Professional) will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond Fin Tech 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 and Remote
Multi-modal delivery with a combination of on-campus, mixed mode and remote classes
Duration92 weeks
Starting semesters
  • September 2020
  • January 2021
  • May 2021
  • September 2021
  • January 2022
  • May 2022
  • September 2022
  • January 2023
  • May 2023
  • September 2023
Program typeMasters Coursework
Study areaActuarial Science
Program codeBN-13119
CRICOS code083209G
Credit for prior studyFor more details on applying for credit, please contact the Student Business Centre: [email protected]
Master of Actuarial Science (Professional) students must complete the following eleven (11) required subjects:
Plus Professional subject (students must complete one (1) of the following subjects)

*Please note that the Professional Portfolio or Professional Development subject is a 20-week, 45-credit point subject and is taken in the last semester of the program once all other coursework subjects have been completed. The Career Development Centre will provide assistance in choosing the relevant professional subject prior to your last semester. 

Elective

  • Students can choose 5 General Elective Subjects (50CP).
  • 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 experience or an Internship opportunity provided you meet the requirements. Please discuss 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

  • The Internship requires a GPA credit average and requires approval from the Faculty with an application to the Career Development Centre.

Specialisation

  • Students may also use all of their electives to take a specialisation (4 Subjects) from the list below 

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

The below fees are based on an average per semester cost, fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester:

  • 2020 fees: $17,098 per semester (based on 4 subjects per semester)
  • 2021 fees: $17,710 per semester (based on 4 subjects per semester)

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 (Professional) 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

The Master of Actuarial Science (Professional) 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

Specialisations

Students pursuing a postgraduate degree can tailor their studies with a specialisation depending on their interest or career goals. A specialisation comprises of 4 subjects from any of the below areas.

The Big Data specialisation incorporates the most current industry-relevant research with applications to data science, business analytics, and managing and analysing large data sets to support organisational needs. The specialisation will develop skills in the challenge of crunching 'big data' numbers to create practical solutions for real-world problems.

You must complete the following two subjects:

Plus two subjects from the following options:

The Finance specialisation incorporates the most current industry-relevant research with applications to finance principles, financial markets and corporate finance and seeks to enhance graduates' planning, analytical and interpersonal skills in preparation for senior management roles.

You must complete the following two subjects:

Plus two subjects from the following options:

The International Business specialisation incorporates the most current industry-relevant research with applications to international trade, international finance, managing human resources and other challenges of managing and leading in a global environment and seeks to enhance graduates' planning, analytical and interpersonal skills in preparation for senior management roles.

You must complete four subjects from the following options:

The Marketing specialisation incorporates the most current industry-relevant research with applications to market research and analysis, customer analysis and relationship management, communication strategies and the use of digital and social media and seeks to enhance graduates' planning, analytical and interpersonal skills in preparation for senior management roles. The Tourism Management specialisation provides a good understanding of the industry and the employment opportunities providing a springboard into employment in this exciting sector.

You must complete four subjects from the following options:

The Tourism and Hotel Management specialisation incorporates the most current industry-relevant research with applications to Strategic Pricing and Revenue Management, Tourism Analysis and Evaluation, WHS Risk Management, Adventure Tourism, Sustainable Tourism and Indigenous Cultures and seeks to enhance graduates' planning, analytical and interpersonal skills in preparation for senior management roles. The Tourism Management specialisation provides a good understanding of the industry and the employment opportunities providing a springboard into employment in this exciting sector. 

You must complete the following three subjects:

Plus one subject from the following options:

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.

 

Program variations

Enquire about the Master of Actuarial Science (Professional)