Master of Actuarial Studies: Fees & Entry Requirements at Monash University, Australia

Master of Actuarial Studies

Australia

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What will I learn?

Actuaries play an essential role in building successful businesses that stay resilient in a rapidly-evolving world. They tap into their analytical minds to forecast future outcomes, navigate change and help solve real-world problems.

As one of the most sought-after skillsets in business and finance, the Master of Actuarial Studies is your opportunity to specialise in this innovative and impactful discipline – and grow your career exponentially.

Designed for technical, mathematical and scientific graduates, as well as early career professionals, you’ll learn how to turn insights into opportunities with expertise across analytical and mathematical systems. Guided by renowned actuarial educators, you’ll gain real-world expertise from leaders in the field – and how you can apply your knowledge in the complex worlds of economics, econometrics, data analysis, business modelling and finance.

Which department am I in?

Monash Business School

CRICOS

082326K

Study options

Full Time (2 Years)

Tuition fees
A$62,140.00 (34,55,101) per year
Accommodation Cost - Halls of Residence- $353.15 per week
Application deadline

01/11/2026

Start date

March 2027

Venue

Clayton Campus

Wellington Road,

Clayton,

Victoria,

3800, Melbourne, Australia

Full Time (2 Years)

Tuition fees
A$62,140.00 (34,55,101) per year
Accommodation Cost - Halls of Residence- $353.15 per week
Application deadline

Expected April 2027

Start date

July 2027

Venue

Clayton Campus

Wellington Road,

Clayton,

Victoria,

3800, Melbourne, Australia

Entry requirements

For international students

Entry level 1:

 96 points to complete

 Duration: 2 years full-time, 4 years part-time

An Australian bachelor degree or an equivalent qualification in a technical, mathematical or scientific discipline with a Weighted Average Mark (WAM) of 65% or an equivalent GPA determined by the faculty and must have passed an introductory statistics unit or equivalent. Applicants will be ranked and selected based on their entire academic record.

Entry level 2: 60 points to complete

 Duration: 1.5 years full-time, 3 years part-time

An Australian undergraduate degree (or equivalent) and an Australian graduate certificate in a cognate discipline with a WAM of 65% in both qualifications or qualifications, experience or satisfactory substitutes that the faculty consider to be equivalent.

OR

An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 65% or qualifications, experience or satisfactory substitute that the faculty considers to be equivalent.

English entry requirements

Level A

*There may be different IELTS requirements depending on your chosen course.

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