Master of Actuarial Studies (Extension)

About the course

The Master of Actuarial Studies (Extension) at UNSW Business School provides advanced training in actuarial methods, quantitative modelling and risk analysis. Designed to deepen professional capability beyond foundational actuarial coursework, the extension structure supports broader study and specialisation. You’ll develop strong analytical and data-driven decision skills aligned with industry practice in financial risk and insurance. This is a master’s coursework degree in actuarial science.

Career outcome

Graduates can pursue actuarial and quantitative risk roles across insurance, superannuation, banking, investment and consulting, as well as analytics positions in government and corporate sectors. Typical pathways include actuarial analyst, risk analyst, pricing/reserving analyst, capital management or enterprise risk roles, and progression toward actuarial accreditation requirements where applicable. This is a master’s coursework qualification preparing specialists for actuarial science careers.

Living Costs in Sydney**

Restaurant (Meal, Inexpensive Restaurant) A$ 17 - 22	Rent per Month (1 bedroom in City Centre) A$ 2,207 - 2,918	Rent per Month (1 bedroom Outside of Centre) A$ 1,599 - 2,115
Transportation (Daily) A$ 9 - 10	Utilities per Month (Electricity, Mobile & Internet) A$ 219 - 290

Average Salary***

*Source: QS World University Subjects Rankings (2026)

**Source: numbeo.com

***Source: PayScale.com (2026)