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Actuarial Studies

Masters.
Monash University

80

in world overall ranking*

6

in local overall ranking*
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About the course

This Masters course will allow students to gain a sophisticated understanding of finance, economics and mathematics in order to contribute to research in your field or develop your career prospects. Students are typically able to choose to undertake coursework only options or a minor thesis as part of the program.

What you might learn

Students can choose units of study such as statistics for actuaries, financial mathematics, superannuation, including an option of undertaking placements for some courses. Training throughout the degree will help you to develop key skills to specialise in that subject area.

Career outcome

Upon graduating from this program, you may be employed in roles such as actuary, graduate consultant, acturial analyst, risk assessment officer, superannuation officer, investment banker, and etc. in companies including Towers Watson Australia, Bain & Company, Territory Insurance Office, Mercer LLC, Medibank, and etc.

Living Costs in Melbourne**



Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20

Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094

Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596

Transportation
(Daily)
A$ 7 - 9

Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


*Source: Times Higher Education World University Rankings (2022)
**Source: numbeo.com
***Source: payscale.com

Costs

Tuition fees per year

A$ 50,000

Information

Duration

2 years

Upcoming Intakes

Feb 2023

Course Code

082326K

Hotline

+61 3 9663 5333

Email

australia@augstudy.com

Scholarships

Information Technology Industry-Based Learning Placement Scholarships

A$18,000

Monash Business School International China Scholarship

Up to A$30,000

Monash International Leadership Scholarship

100% of tuition fees

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