Master of Actuarial Studies (Extension)

About Master of Actuarial Studies (Extension) at UNSW 

UNSW Master of Actuarial Studies (Extension) is a two year, 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.

This degree is ideal if you have studied a non-actuarial undergraduate degree or if you want deeper knowledge of an actuarial specialisation. You can also incorporate professional actuarial subjects that cover topics such as information technology or enterprise risk management.

The degree has four extra courses in comparison to the Master of Actuarial Studies. You’ll develop your existing skills in linear algebra or econometrics with quantitative analysis, becoming a mathematical specialist in risk management for the financial services industries – especially insurance and superannuation.

Your Specialisation

You’ll build specialist skills and knowledge from studying four core courses and twelve 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 risk assessment areas like life insurance and superannuation. There are more than 25 courses to choose from that span mathematics, marketing, information technology, finance and economic topics.

View Degree Structure

Upon completing this degree, you can earn accreditation for the Australian Actuaries Institute’s Foundation program and parts of their Associateship and Fellowship programs. This degree offers international accreditations for standards set by the Institute and Faculty of Actuaries (UK), the Society of Actuaries (USA) and Casualty Actuarial Society (USA).

You’ll build core actuarial skills in probability, quantitative analysis statistics and financial reporting; along with financial mathematics and business economics. This degree draws on professional actuarial syllabuses and exceptional research by the staff of the School of Risk and Actuarial Studies. The Society of Actuaries recognises the School as a Centre of Actuarial Excellence.

Our graduates are highly sought-after and go on to work for leading corporations or financial service companies like PwC, EY and Finity, in risk management and advisory positions. Aside from technical actuarial roles, graduates also find employment in business analytics and consulting roles.

You’ll be ready to begin or advance to a fulfilling career in actuarial analysis in the insurance, superannuation or financial service industries. Take advantage of professional development opportunities that are exclusive to UNSW Business School students. Our Career Accelerator portfolio includes:

UNSW Business School is one of the leading business schools in the Asia-Pacific, with over 90,000 alumni worldwide who could be connected to your future career. UNSW also promotes entrepreneurship: with specialised programs and 300+ student clubs to find your start-up team, we have more founders than any other Australian university.

UNSW Business School is one of the leading business schools in the Asia-Pacific, with over 90,000 alumni worldwide who could be connected to your future career. UNSW also promotes entrepreneurship: with specialised programs and 300+ student clubs to find your start-up team, we have more founders than any other Australian university.

 Relevant Roles

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

  • Actuarial Analyst
  • Business 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