Further your career with a Master of Actuarial Science
A Master of Actuarial Science at Bond University is a short three-semester program that provides those with an undergraduate degree in an alternative field an opportunity to gain an Actuarial Science degree and complete actuarial Part I subjects. The program will develop your skills in the challenge of crunching 'big data' numbers to create practical solutions for real world problems. Students who have successfully completed cognate undergraduate programs may be eligible for advanced standing of up to 40 credit points towards the Master of Actuarial Science program.
Bond is the only university in Queensland to offer the program fully accredited by the Actuaries Institute.
Take a Postgraduate Test Drive
Our internationally-recognised programs offer a unique professional and personal development experience where you’ll be part of a small, exclusive cohort of students being mentored by world-renowned corporate leaders and academics; working on real-life projects relevant to your business and building a network of global contacts. But don’t just take our word for it... Choosing the right program and the right university is an important decision.
Come and talk to us about your career goals and how we can tailor a study experience to help you achieve them.
- Discuss your options over a coffee with our Program Director
- Meet academics in your chosen field
- Talk to current students about their experience
- Join a class of your choice
- Tour our campus and facilities
We can also arrange a phone or video meeting. Take a Test Drive.
What our students say
- Learn in smaller classes.
- Unparalleled access to Bond Business School's two financial trading rooms and 40 Bloomberg data-sourcing terminals.
- Access to the Business School’s formal mentor program where you will be supported by academic staff, senior students and alumni.
About the program
Accredited by the Actuaries Institute, The Master of Actuarial Science is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. The Master of Actuarial Science will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Macquarie Trading Room and Bloomberg data-sourcing terminals. Show more
Accredited by the Actuaries Institute, The Master of Actuarial Science is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. The Master of Actuarial Science will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Macquarie Trading Room and Bloomberg data-sourcing terminals. The program will develop skills in the challenge of crunching 'big data' numbers to create practical solutions for real world problems. Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high level manager. The University has applied for accreditation with the Actuaries Institute. Once this is granted, successful completion of the program at an appropriate level of performance will lead to Part I qualification with the Actuaries Institute. Show less
|Duration||3 semesters (1 year)|
|Program type||Masters Coursework|
|Study area||Actuarial Science|
|Credit for prior study||For more details on applying for credit, please contact the Student Business Centre: [email protected]|
The Master of Actuarial Science will prepare students for rewarding careers in a range of disciplines, including:
- Data Analytics
- Risk Management
Master of Actuarial Science students must complete the following eleven subjects:
- ACSC71-200 Mathematical Statistics
- ACSC71-201 Financial Mathematics
- ACSC71-300 Insurance Models
- ACSC71-301 Contingencies
- ACSC71-302 Advanced Modelling
- ACCT71-600 Accounting Principles
- ECON71-202 Macroeconomics
- ECON71-600 Economics For Business
- FINC71-305 Derivative Products
- FINC71-601 Corporate Finance
- FINC71-603 Investments
Plus one elective subject.
Students may also choose one of the following opportunities to use your elective subject to have an international experience or an Internship opportunity provided you meet the requirements. Please discuss with the Enrolment and Student Engagement Officer in the Student Business Centre.
- Study Tour
The Study Tour requires approval from the Faculty. (Please note that Additional Costs are associated with this subject).
- Business Internship
The Internship requires a GPA credit average and requires approval from the Faculty with an application to the Career Development Centre.
- Special Topic
The Special Topic is only available in exceptional circumstances and requires Program Director's approval.
The total program fees for the Master of Actuarial Science are:
Price may vary depending on elective discipline choice.
When considering the fees associated with your studies, keep in mind that Bond’s accelerated schedule means you can finish your degree sooner and be out in the workforce up to a year earlier than if you went to another university.
This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.
Academic entry requirements
Entry into the Master of Actuarial Science requires the completion of an undergraduate degree from a recognised institution and well-developed mathematical abilities.
Please contact the Office of Future Students for further information.
English language proficiency requirements
As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English language proficiency Requirements for university study.
Credit for prior study
Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to How to apply for credit for more information