The Graduate Certificate in Actuarial Studies program provides a two semester part-time program designed for students who wish to enhance their actuarial education but decide not to pursue or cannot complete the Master of Actuarial Studies degree. It can include the Actuarial Control Cycle leading to exemption from the Institute of Actuaries of Australia Part II subject for those gaining an appropriate grade. In addition the program includes courses that are complementary to the Institute of Actuaries Part III subjects. Although the Institute does not grant exemptions from Part III, completion of the appropriate courses in first semester facilitates attempting the Institute examinations in October.

Graduates in non-actuarial disciplines who obtain suitable grades in the courses of the Masters degree may obtain exemptions from some Institute of Actuaries of Australia subjects. In particular, the Actuarial Control Cycle courses provide exemptions from the Institute Part II. Exemptions from Part I subjects could be obtained by taking additional courses on a non-award basis.

All graduate coursework for domestic students in the ANU College of Business and Economics is offered under Domestic Tuition Fee places. Australian citizens may defer the payment of their fees using FEE-HELP, however should be aware that the programs are not eligible for Commonwealth Supported Places and HECS-HELP. Information on FEE-HELP and eligibility requirements is available from http://www.goingtouni.gov.au/

Admission Requirement

Admission to the Graduate Certificate in Actuarial Studies is open to those with an undergraduate actuarial studies degree or equivalent. Admission is also available to graduates from other disciplines who have sufficient statistical background and competence in actuarial techniques at the level of the Graduate Certificate in Actuarial Techniques. In addition, relevant work experience equivalent to at least 12 months full time will be required.

Graduates from other quantitative disciplines who have not completed suitable background studies in actuarial techniques will be required to undertake preliminary work in order to be eligible for admission to the program