Master of Actuarial Science (Specialisation)

Specialise your career in Actuarial Science at Bond

The September semester for this program will be delivered in a multi-modal format, with classes designed to support and engage all learners. Whether they're on campus or abroad, all students will be able to access Bond's exceptional and personalised learning experience through dynamic and interactive lectures, tutorials, seminars, workshops and lab sessions.

The Master of Actuarial Science (Specialisation) at Bond University is a four semester program that provides those with an undergraduate degree in an alternative field the opportunity gain an Actuarial Science degree and complete actuary Part I subjects. In addition, you will have the opportunity to undertake a specialisation to assist you in identifying as an expert in an area of actuarial science. The recommended specialisation is Big Data, however, you have the option to choose any other Bond Business School specialisation. Any completed relatable undergraduate program will also gain you up to 40 credit points towards the Master of Actuarial Science - specialisation program.

The program will develop skills in the challenge of crunching 'big data' numbers to create practical solutions for real world problems. Upon graduating from Bond, employment opportunities include working as an investment analyst, portfolio manager or actuarial consultant.

Bond is the only university in Queensland to offer the fully accredited program by the Actuaries Institute.

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Key features

Learn in smaller classes
Unparalleled access to Bond Business School's two financial trading rooms and 40 Bloomberg data-sourcing terminals.
Opportunity to experience global business environments with international Study Tours available within Asia, South-East Asia and Silicon Valley

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. 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

Mode	On Campus and Remote Due to current travel restrictions, this program will temporarily be delivered using a mixture of on-campus, remote and multi-modal classes to support and engage all students, from all parts of the world.
Duration	4 semesters (1 year 4 months)
Starting semesters	September 2020 January 2021 May 2021 September 2021 January 2022 May 2022 September 2022 January 2023 May 2023 September 2023
Program type	Masters Coursework
Study area	Actuarial Science
Program code	BN-13122
CRICOS code	092655K
Credit for prior study	For more details on applying for credit, please contact the Student Business Centre: [email protected]

Structure and subjects

The Master of Actuarial Science (Specialisation) program comprises 16 subjects, as follows:

Required subjects (12)

Specialisation (4)

Students must choose a specialisation (4 Subjects) from the list below
- Big Data
- Finance
- Health Management
- International Business
- Marketing
- Tourism Management
Please visit the Major, minor and specialisation study areas for guidance on specialisations.

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

Program fees

The below fees are based on the total estimated program fee divided by the number of standard full-time semesters required to complete the program. Fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester.

Semester program fee:

Students commencing study in 2020: $20,070* per semester average
Students commencing study in 2021: $20,790* per semester average

Total program fee:

Students commencing study in 2020: $80,280
Students commencing study in 2021: $83,160

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 most other universities.

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.

* The fees listed are average costs displayed to provide an indicative program cost only, they may differ to the indicative fee included in the Bond University offer letter due to differences in individual and exact study schedules.

Tuition fees are subject to change on an annual basis and will be charged at the appropriate fee for the year of enrolment.

* Note: for students commencing January 2021 the University has held the 2020 tuition fee amount in recognition of the current circumstances, with 2021 fees effective only from the University’s May 2021 semester.

Admission criteria

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

Professional outcomes

The Master of Actuarial Science (Specialisation) 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