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    University of Melbourne

    Master of Actuarial Science (Enhanced)

    Last verified against the official program page on .

    Parkville, AUMActSci(Enh)In-person2 years
    A$113,984.00
    Tuition
    over 24mo
    200
    Credits
    A$130.00
    App fee

    Master of Actuarial Science (Enhanced) at University of Melbourne is a 200-credit, 2-year, in-person MActSci(Enh) program based in Parkville, AU. Tuition is A$113,984.

    About the program

    Provides non-actuarial graduates with initial education in actuarial studies, focusing on actuarial theory, models in insurance and superannuation. Designed for exemptions from Part I and half of Part II professional exams of the Actuaries Institute.

    Focus: coursework
    #1 Business & Economics Australia (Times Higher Ed.), #40 Business & Economics globally (Times Higher Ed.) | #1 Business & Economics Australia (Times Higher Ed.)
    Part-time option

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    Deadlines

    Fall 2027
    Nov 30, 2026

    Standardized tests

    TOEFL
    optional
    Min 79 with Writing 21, Speaking 18, Reading 13, Listening 13
    IELTS
    optional
    Min 6.5 (with no band less than 6.0)

    After the program

    Post-study work rights

    2 years (Temporary Graduate visa subclass 485)

    A$22,800.00
    Annual living cost

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    Self-reported profiles of past applicants to this program.

    Prerequisites

    Specific coursework this program expects you to have completed: calculus, linear algebra, programming, statistics, and subject-specific prerequisites where applicable.

    Recommendations

    Exact count of letters required, whether academic vs professional references are preferred, and any program-specific guidance on who to ask.

    Essays

    Number of essays required (statement of purpose, personal statement, diversity statement), prompts where the program publishes them, and whether supplemental essays are optional or mandatory.

    Contact

    Direct email and phone for the admissions office handling this program, plus a link to the program-specific inquiry page where available.

    Frequently asked questions

    How much does Master of Actuarial Science (Enhanced) at University of Melbourne cost?
    The total estimated tuition for Master of Actuarial Science (Enhanced) at University of Melbourne is A$113,984 across 200 required credits.
    Is Master of Actuarial Science (Enhanced) at University of Melbourne online or in-person?
    Master of Actuarial Science (Enhanced) at University of Melbourne is offered in-person.
    How long does Master of Actuarial Science (Enhanced) at University of Melbourne take to complete?
    Master of Actuarial Science (Enhanced) at University of Melbourne is structured around 2 years and 200 credits.
    What work-permit options follow Master of Actuarial Science (Enhanced) at University of Melbourne?
    Post-completion work rights for Master of Actuarial Science (Enhanced) at University of Melbourne: 2 years (Temporary Graduate visa subclass 485)