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.

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. Students who do not possess these requirements may undertake a mathematics bridging program.

Commonwealth Supported Places

The ANU College of Business and Economics offers a limited number of 'HECS-Style' Scholarships in the form of Commonwealth Supported Places (CSP) for Australian students in postgraduate programs. The CSP awards are competitive. For further information, please see the Terms and Conditions of Award and Application Form.