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Master of Actuarial Studies

Masters.
Monash University

58

in world overall ranking*

6

in local overall ranking*
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About the course

This course will prepare you to work in actuarial and risk management fields. You will also progress toward qualifications to become an accredited Actuary. Depending on academic results you may receive accreditation for the Foundation Program and most of the Actuary Program recognised by the Actuaries Institute. You will be prepared for careers in the business and financial sectors, with a specific focus on actuarial and mathematical modelling and forecasting roles. The programme strengthens financial analysis, governance, audit, and investment decision-making for professional finance careers.

Career outcome

These course outcomes are aligned with the Australian Qualifications Framework level 9 and Monash Graduate Attributes. Upon successful completion of this course it is expected that students will be able to:1. be critical and creative scholars who: produce innovative solutions to problemsapply research skills to business challengescommunicate effectively and perceptively 2. be responsible and effective global citizens who: engage in an internationalised worldexhibit cross cultural competencedemonstrate ethical values 3.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$59,900 per year

Contact us for more details

Information

tick icon Duration

2 years

tick icon Upcoming Intakes

February, July

campus icon Campuses

Clayton

tick icon Course Code

B6014

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconINFORMATION TECHNOLOGY INDUSTRY-BASED LEARNING PLACEMENT SCHOLARSHIPS

A$18,000

tick iconPHARMACY INTERNATIONAL UNDERGRADUATE MERIT SCHOLARSHIP

Up to A$100,000

tick iconMONASH INTERNATIONAL SCHOLARSHIP FOR EXCELLENCE

Up to A$40,000

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