The program is designed for:

• Students who want to extend their study to an advanced academic level with a view to possible PhD level study.
• Students with a good mathematics or statistics background but limited actuarial background who seek a 'conversion' option to develop the actuarial and other risk management skills to satisfy the Part I and II requirements of the Institute of Actuaries of Australia.
• Students with an actuarial degree who seek to complete courses which are complementary to the Institute of Actuaries of Australia Part III requirements.
• Students whose previous actuarial study was in a non-accredited program and who seek to complete their full professional studies through the ANU.

 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 Requirements

1. Applicants are required to hold a pass degree in a business, economics, finance, mathematics or statistics discipline from an Australian university or equivalent overseas institution.
2. Applicants must have a performance average of 65% or better (or equivalent) held in the last two years of the undergraduate degree.
3. Students who fail to meet the academic entry requirement above may be considered for entry if they are able to demonstrate at least one year of full-time relevant work experience which was undertaken after graduation from the degree.
4. The suitability of students to enter the program will be at the discretion of the Dean.
5. Students entering the program are required to have an understanding of mathematics equivalent to at least one year of university level mathematics including calculus and linear algebra, as well as an introductory level understanding of mathematical statistics and financial mathematics.