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Master of Actuarial Studies

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Offered By ANU College of Business and Economics
Minimum 96 units
Academic Contact info.cbe@anu.edu.au and info.cbe@anu.edu.au
Academic Plan 7410XMACTS
CRICOS Code 050802G
UAC Code 832206(Master of Actuarial Studies)
Areas of Interest Actuarial Studies, Actuarial Studies, Statistics, and Statistics

The program is designed for:

  • Students who want to extend their study to an advanced academic level with a view to possible PhD level study.
  • Students with a good mathematics or statistics background but limited actuarial background who seek a 'conversion' option to develop the actuarial and other risk management skills to satisfy the Part I and II requirements of the Institute of Actuaries of Australia.
  • Students with an actuarial degree who seek to complete courses which are complementary to the Institute of Actuaries of Australia Part III requirements.
  • Students whose previous actuarial study was in a non-accredited program and who seek to complete their full professional studies through the ANU.


The Control Cycle course offered by ANU provides the opportunity to complete all academic requirements for achieving status as an Associate of the Institute of Actuaries of Australia (IAAust). To become an Associate of the IAAust, candidates must achieve exemption grades from the Control Cycle, complete a Professionalism course, and have 3 years of relevant work experience in the financial services industry (not necessarily an actuarial role).

Eligible domestic students undertaking the Master of Actuarial Studies degree program  may be able to access Youth Allowance, Austudy and the Pensioner Education Supplement. For full details, please visit: http://www.dest.gov.au/sectors/career_development/programmes_funding/programme_categories/student_income_support/  


Commonwealth Supported Places

The ANU College of Business and Economics offers a limited number of Commonwealth Supported Places (CSP) for Australian students in graduate programs. For further information, please read the general information and the Application Form.

Admission Requirements

  1. Applicants are required to hold a pass degree in a business, economics, finance, mathematics or statistics discipline from an Australian university or equivalent overseas institution.
  2. Applicants must have a performance average of ANU 65% or better (or equivalent) held in the last two years of the undergraduate degree.
  3. Students entering the program are required to have an understanding of mathematics equivalent to at least one year of university level mathematics including calculus and linear algebra, as well as an introductory level understanding of mathematical statistics and financial mathematics.

The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions