The Master of Actuarial Studies suits those who have a strong background in actuarial studies, economics, mathematics or statistics. In this degree, you’ll develop the technical expertise needed to pursue the role of an actuarial analyst, as well as other roles in the broader financial services industry. You can also strengthen your actuarial training by including relevant postgraduate electives from the Business School in other disciplines such as data analytics, accounting or finance. Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level, with a grade above credit.

Program Code




Total units of credit (UOC)




Indicative Enrolments


Why choose this degree?

If you have an undergraduate degree in Actuarial Studies, this degree will allow you to fast-track your professional accreditation.

Who should choose this degree?

This degree is ideal for graduates seeking a career as an actuarial analyst or similar financial service roles.

Degree Structure

Degree Handbook

Career opportunities

  • Actuarial Analyst
  • Business Consultant
  • Investment Banker
  • Credit Analyst
  • Insurance Analyst
  • Risk Assessment Officer
  • Superannuation Advisor
  • Wealth Management Analyst

Accreditation / Professional Recogntion

Part I, Part II, and the Enterprise Risk Management module of Part III – Institute of Actuaries of Australia Recognised for exemptions for core technical subjects (1-8) of the Institute and Faculty of Actuaries (UK)

Entry requirements

To be eligible for the program, you must have:

A recognised bachelor degree (or equivalent qualification) with a credit average as determined by the UNSW Postgraduate Coursework Entry Calculator; and A major (at least seven courses) in actuarial studies; or A major (at least seven courses) in econometrics; or *A major (at least seven courses) in mathematics or statistics Recognition of prior learning or professional recognition

Up to 4 courses credits (24 UOC) may be granted (towards the 4 core courses) based on your previous studies in actuarial studies (bachelor or higher). Additional course credits (up to 2 courses) may be awarded based on an incomplete postgraduate degree and/or professional examinations for the Fellowship of the Institute of Actuaries of Australia, the Institute of Actuaries (UK) or the Society of Actuaries.

How to apply

Applications must be submitted through our Apply Online portal. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term. Some high-demand programs and Faculties with limited places may have an earlier application deadline or commencement date. Find out more.

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