Macquarie University

Master of Actuarial Practice

Nationally Recognised Higher Education

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise governments, financial institutions and other organisations about financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper.

In the professionally accredited Master of Actuarial Practice, you’ll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

Delivery mode

Macquarie University offers this course through the following delivery modes:

On campus

Work with instructors and classmates in a supportive and collaborative environment.


Locations
  • Level 24, 123 Pitt Street (Angel Place), Sydney

Entry requirements

Domestic Students

  • There are no mandated entry requirements.

2 years (full-time, or equivalent duration if available part-time)

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

1.5 years (full-time, or equivalent duration if available part-time)

  • AQF level 7 bachelor’s qualification in a related field or recognised equivalent
Additional requirements may apply.

Course fees

Estimated Fee* $0 - $63,800 $86,400 Fees are based on full-time study.
* Fees are indicative only and vary based on your circumstances and eligibility for government funding.
Standard Tuition:
$63,800
Standard Tuition:
$86,400
Full Fee Tuition:
$63,800
Full Fee Tuition:
$86,400
Enquire with Macquarie University to find out more.
Study mode On Campus
Duration 24 Months
Estimated fee* $0 - $63,800 $86,400 Support may be available

Career opportunities

The Master of Actuarial Practice will prepare you for the following roles.

Actuary

An Actuary interprets information and data to assist with financial decision making. You might analyse data from a range of sources and assess the...

Avg yearly income $124,800
Entry barriers Low

Data Scientist

A Data Scientist looks for trends in data to provide information that guides organisational decisions. You might work for a retail business to prov...

Avg yearly income $127,400
Entry barriers Low

Insurance Specialist

An Insurance Specialist manages and advises on insurance policies to meet clients' needs. You might work for an insurance company, brokerage, or wi...

Avg yearly income $62,400
Entry barriers Low

Investment Analyst

An Investment Analyst evaluates financial data and trends to provide investment recommendations. You might work in financial institutions, investme...

Avg yearly income $83,200
Entry barriers Low

Superannuation Adviser

A Superannuation Adviser provides specialised guidance on managing and maximising retirement savings. You might work with individuals or businesses...

Avg yearly income $104,000
Entry barriers Low

About Macquarie University

Macquarie University is recognised globally for its pre-eminence in key research disciplines, as well as producing graduates who are among the most sought-after professionals in the world.

Since our foundation in 1964, we have aspired to be a different type of university: one unbound by ivory towers and sandstone walls. Rather, we are focused on fostering collaboration between students, academics, industry and society, encouraging all to traverse the boundaries of their own perspectives and effect change.

Over the years, we have grown to become the centre of a vibrant local and global community – a place of constant stimulus and human interaction. Together, we advance world-class theoretical thinking and translate it into real-world solutions.

We’re connecting people across the most diverse fields of knowledge to create bold new possibilities: for their careers, intellectual endeavours, enterprises and the common good.