Master of Actuarial Practice

Macquarie University

Program Description

Master of Actuarial Practice

Macquarie University

Master of Actuarial Practice

This degree is designed for non-actuarial graduates who wish to obtain a professionally accredited qualification in actuarial science. Actuaries work in the financial management and control of insurance and related entities, and in the quantitative aspects of insurance, banking, investment and finance.

Key features

  • Allows you to complete part or all of Part I and II of the Actuaries Institute professional qualifications
  • Gives you the chance for partial professional accreditation with the Actuaries Institute if you demonstrate strong academic performance
  • Offers a range of electives in actuarial science, statistics, finance and economics

The actuarial qualification has international recognition and many of our graduates work in international financial centres such as London, New York, Singapore, and Shanghai.

Suitable for

This degree is suitable for graduates who wish to pursue a career in actuarial and related statistical science and have a strong background in quantitative or business related disciplines.

Entry requirements

  • Australian Bachelor degree or recognised equivalent
  • Minimum GPA of 3.00 (out of 4.00)
  • Minimum English Language Proficiency: IELTS or IELTS equivalent of 6.5 overall, with minimum 6.0 in each band

All applicants for undergraduate or postgraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English.

You may satisfy the English language requirements if you have completed:

  • senior secondary studies equivalent to the NSW HSC
  • one year of Australian or comparable tertiary study in a country of qualification


Students who have passed some of the Part I or Part II examinations of the Actuaries Institute, or equivalent, may be granted advanced standing of 16 credit points (4 units) provided these exams have not been counted as credit towards an undergraduate degree.

Students with appropriate background may also be granted exemption from some or all of the four degree gateway units, ACST 601, ACST 602, ACST 603 and ACST 604.

Duration & Price
This course is Campus based
Start Date
Start date
Jan. 2017
2 years
Full time
31,828 AUD
Start date Jan. 2017
Australia North Ryde, New South Wales
Application deadline Request Info
End date Request Info
Duration 2 years
Price 31,828 AUD
- Price per year, international students