Master of Actuarial Science (Specialisation)

Where will your degree take you?

Actuaries are in high demand for their range of quantitative business knowledge and problem-solving skills in a range of industries. This field of work is no longer restricted to the insurance and financial sectors, there are new opportunities arising in diverse areas such as climatology, health, e-commerce, energy and environment, genetics, and public infrastructure.

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

Actuarial consultant

Actuarial consultants are experts in quantifying financial risk and advise clients on investments and insurance related decisions using a variety of risk and cost analysis measurements.

Risk analyst

Risk analysts work with data and statistics, and advanced mathematical formulas to provide companies with a comprehensive analysis of their financial, and operational outlook. They will review risk factors and assess their likelihood of occurring, and the impact this will cause the organisation and provide an overall rating and make suggestions on what controls/ structures an organisation needs to put in place in order to minimise, or manage those risks.

Data Scientist

The need for data analysts will continue to grow, as companies continue to increase usage of large data sources. Data scientists examine vast amounts of varied information, helping organisations identify ways of reducing costs, and finding new opportunities to grow revenue by modelling and translating observed statistical relationships into meaningful business information, and effectively communicating their findings.

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).

Program learning outcomes

Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge, skills and abilities that will be achieved on completion of the program. These outcomes will help you determine whether this program aligns with your professional pathway, career and learning goals.

View Master of Actuarial Science (Specialisation) learning outcomes
- Apply advanced actuarial science knowledge and skills to address both routine and non-routine tasks.
- Critically analyse and evaluate complex actuarial science issues or problems.
- Generate creative solutions that address a complex actuarial science opportunity or problem.
- Critically reflect on one's personal learning experience to extract, evaluate and apply insights.
- Recognise and appropriately adapt to the cultural, environmental and social considerations of individual behaviour and organisational operations in the field of actuarial science.
- Demonstrate the capacity to consistently act in accordance with the principles and values of sustainable, responsible and ethical business practice in complex actuarial science situations.
- Orally communicate complex actuarial science information to a diverse professional audience using appropriate visual aides.
- Articulate complex actuarial science ideas, decisions, recommendations and other information in a clear, concise writing style tailored to a given audience.

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 options  

Progress with PhD study

Upon successful completion of the Master of Actuarial Science (Specialisation), to further develop your specialist knowledge or to pursue a career in research or academia, you could progress into the Doctor of Philosophy.

Microcredentials

Our microcredential courses allow you to upskill in your chosen area without the commitment of a full degree. Ranging in length from a few hours to a few weeks, Bond's microcredentials are taught by academics who have their finger on the industry pulse.

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