Master of Actuarial Science

ENTRY REQUIREMENTS

Applicants must have completed an undergraduate degree at a credit average in any discipline other than actuarial science.

PROGRAM DESCRIPTION

Emerging as a key growth sector of the 21st century, actuarial science applies elements of economics, finance, statistics and advanced mathematics to interpret, manage and evaluate risk. Never before have organisations had such extraordinary access to personal information, health statistics, buying habits, population movement, employment trends and much, much more. In these numbers lie the answers to the big questions that really matter.

The Master of Actuarial Science is a three-semester degree that provides students with an undergraduate degree in an alternative field and an opportunity to complete Part I with the Actuaries Institute. The Master of Actuarial Science is taught in smaller classes for personalised attention and allows students 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. Bond is the only university in Queensland to offer the program fully accredited by the Actuaries Institute.

PROGRAM STRUCTURE

Core Subjects (9)

• Advanced Modelling
• Contingencies
• Corporate Finance
• Derivative Products
• Financial Mathematics
• Insurance Models
• Investments
• Macroeconomics
• Mathematical Statistics

Electives (7)

You must complete approved postgraduate elective subjects.

PROFESSIONAL OUTCOMES

Actuarial Science has emerged as a key growth sector of the 21st century and is consistently ranked among the best careers in the world. High graduate starting salaries and full employment rates reflect the growing demand for qualified analysts, with career opportunities predicted to increase substantially over the next five years. The Master of Actuarial Science prepares students for rewarding careers in a diverse range of disciplines, including climatology, consulting, data analytics, e-commerce, economics, finance, health, insurance, infrastructure, research, risk management, safety, science, statistics, superannuation and technology.

PROFESSIONAL RECOGNITION

• Actuaries Institute