Master of Actuarial Studies

About Master of Actuarial Studies at UNSW 

UNSW Master of Actuarial Studies is an 18-month, full–time degree from UNSW Business School. We currently rank 1st worldwide for research in risk & actuarial science and the Actuaries Institute has accredited this degree.

You’ll prepare for an interesting and in-demand career path in actuarial and analytics industries. Building upon your existing skills in linear algebra, R, or econometrics, you’ll gain technical expertise in quantitative analysis.

The Master of Actuarial Studies is ideal if you want to work as an actuarial analyst or in a similar role. Our students become mathematical specialists in risk management in the financial services industries, especially insurance and superannuation.

Your Specialisation

You’ll build specialist skills and knowledge from studying four core courses and eight elective courses that meet your career goals. In the core courses you’ll study probability, statistics, financial mathematics, finance, financial reporting and business economics.

Your chosen elective courses will further develop your actuarial practice in areas like corporate finance and big data. There are more than 15 topics to choose from including asset-liability management, actuarial data analytic applications, and actuarial statistics. You can even choose some non-actuarial courses in other business fields such as data analytics, accounting, economics or finance.

If you don’t have an undergraduate degree in actuarial studies, consider the Master of Actuarial Studies (Extension), which offers four additional courses in actuarial topics.

You’ll build core actuarial skills in probability, statistics and financial reporting; along with financial mathematics and business economics. This includes technical expertise in quantitative analysis and accreditation for professional recognition from global Actuarial organisations.

This degree draws on professional actuarial syllabuses and exceptional research by the staff of the School of Risk and Actuarial Studies. The UNSW Business School of Risk and Actuarial Studies is recognised as a Centre of Actuarial Excellence by the Society of Actuaries.

Graduates earn internationally recognised accreditation from the Australian Actuaries Institute and the Society of Actuaries (USA). This accreditation provides a fast-track to achieving your career goals with exemptions to the professional standard examinations.

You’ll be well prepared to start or progress to a rewarding career in actuarial analysis in the financial services, insurance or superannuation industries. Our graduates go on to work in risk assessment and advisory roles with leading organisations or financial service firms such as EY, KPMG and PwC.

UNSW supports startups, with more founders than any other Australian university and 300+ student clubs to find co-founders (and friends). We’re one of Asia-Pacific’s best business schools, with more than 90,000 alumni worldwide who could be connections to your future career.

UNSW Business School students have exclusive access to Career Accelerator, a portfolio of professional development opportunities that include:

 Relevant Roles

The UNSW Master of Actuarial Studies prepares you for the following roles:

  • Actuarial Analyst
  • Business Consultant
  • Investment Banker
  • Credit Analyst
  • Insurance Analyst
  • Risk Assessment Officer
  • Superannuation Advisor
  • Wealth Management Analyst

What Our Graduates Say 

“Several of the professors had transitioned to academia post-corporate life. The real-world practicality of their teachings and their professional advice has been indispensable.”

John Wright Jones, III
Master of Actuarial Studies

Read more about John’s experience of the Master of Actuarial Studies