Master of Actuarial Practice

Where will your degree take you?

As organisations continue to realise the benefits gained from detailed understanding of their quantitative risk profiles and other information theoretic business components, the demand for actuarially trained individuals has continued to increase broadly across all sectors.

Bond actuarial graduates are very well placed in the job market with skills highly transferrable between countries.

Actuary

Actuaries are well rewarded for their analytical and problem-solving skills in a growing number of industries. A newly qualified fellow can expect to earn around $125,000 per year and incomes rise quickly while senior actuaries can easily earn over $300,000 a year. No longer restricted to the finance and insurance industries, opportunities for actuaries are emerging in diverse areas such as health, education, energy and environment, public infrastructure, and genetics.

Business Analyst

The projected job growth over the next five years for business analysts is 29.6% making the profession in high demand across various industries. The skill set you gain from an actuarial science degree may also prepare you for a career as a business analyst, where your work will typically involve examining the operations, structure and policies of an organisation and recommending solutions to enable them to achieve their goals.

Data Scientist

A data scientist is responsible for designing and implementing data-based collection and models, creating algorithms and predictive outcomes. Their role encompasses developing tools, automation systems and data frameworks to both frame and solve complex problems.

Professional accreditation

Bond is one of only seven universities in Australia, the only one in Queensland, to offer the fully accredited program by the Actuaries Institute and has recognition agreements with the Society of Actuaries (worldwide).

Bond Business School is among less than 7% of the world’s 13,000 business programs to have earned accreditation from the Association to Advance Collegiate Schools of Business (AACSB) and less than 2% have earned European Foundation for Management Development's (EFMD) European Quality Improvement System (EQUIS) accreditation. Bond Business School is both AACSB and EQUIS accredited placing us in the top 2% of Business Schools in the world.

Bond Business School is also one of four universities in Australia who are members of the Graduate Management Admission Council (GMAC), a tangible statement of the significant contribution our programs make to graduate management education.

Program learning outcomes

Find out more

Securing the world’s top job: Why you should consider studying actuarial science

Actuarial Science is a hugely sought-after career, but what exactly does it entail, and why should you study it?

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Further develop your skills

Extend your learning beyond the completion of your degree. Consider progressing on your journey to sharpen your skills and expand your knowledge in business and other specialised areas through these learning opportunities. 

Postgraduate study

If you wish to progress to a career in academia or want to undertake a career as a researcher, you will need to complete a Doctor of Philosophy (PhD). High achieving students will be encouraged to complete this program. 

Microcredential

Whether you are looking to upskill, advance your career, change direction or dive deeper into a specific area, Bond offers a range of executive training and professional development microcredential courses to help you get ahead.  

  • Select from a suite of high-quality programs designed in collaboration with industry partners.  
  • Learn from anywhere in the world, at your own pace.  
  • Earn a digital certificate for each microcredential.  
  • Potentially gain credit towards future study at Bond University. 

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