GraduateBusiness

Master of Actuarial Practice

Macquarie University, Sydney, NSW, Australia

About this program

This course is intended to serve two purposes: (i) Provide a graduate conversion course for graduates from other disciplines who want to retrain in actuarial science and obtain exemption from the corresponding subjects in the Foundation Program of the Actuaries Institute and / or the relevant exams of the Society of Actuaries, and (ii) provide a vehicle for graduates with an actuarial undergraduate degree who have already completed or partially completed subjects in the Foundation Program and wish to complete the corresponding subjects in the Actuary Program of the Actuaries Institute and / or the relevant exams of the Society of Actuaries. The course is multidisciplinary in its content and covers statistical theory, financial reporting, economics, financial mathematics, life insurance mathematics, general insurance mathematics, financial economics, survival analysis, actuarial modeling, data science / analytics, and units covering application of the knowledge and skills to the management of financial institutions, development of new products, financial measurement, regulation, ethics, marketing etc. The course covers the core technical knowledge and skills, along with application of these to financial institution management. This is a Macquarie University (Sydney) course.

Fees & duration

Duration2 yr
Tuition (international)A$47,900
Application feeA$0

English test scores

IELTS6.5 overall (L6 R6 W6 S6)
PTE58 overall (L52 R52 W52 S52)

Verified mq.edu.au ↗

Course structure

  • Full time: 2 years
  • 1.5 years. See the official Macquarie course page for the full unit-by-unit structure

Career & PR pathway

Which careers in Business lead to skilled migration depends on the occupation, not the degree title. See the skilled occupation lists guide for which occupations are on each list, and the points calculator to check where you stand.

Admissions

AQF level 7 bachelor's qualification or recognised equivalent (which includes a minimum of one unit of Mathematics covering calculus and linear algebra)

More Business programs

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