309706 v.1 Master of Science (Actuarial and Financial Science)

Introduction

The course is designed to provide graduates with a solid foundation of financial mathematics and actuarial science, and to prepare them for employment as financial advisors to a wide range of commercial organisations including insurance companies, investment and superannuation funds, banks and stockbrokers, as well as governments.

Course Entry Requirements/Prerequisites

An Honours degree or a four-year Bachelor degree in mathematics/statistics, science, engineering or finance. In addition, applicants must have basic mathematics and statistical background and competence equivalent to at least the level of Advanced Calculus 201(unit code: 8127), Linear Algebra 202 (8128) and Statistical Methods 560 (301350). Unit information is available in the Online Handbook.

Recognition of Prior Learning

Applications for recognition of prior learning are assessed on an individual basis.

Duration and Availability

This fee paying course is one and a half years full-time or equivalent part-time study. Two intakes are offered each year, in March and August.

Course Organisation

This course is available to both international and domestic students. The course covers a wide range of advanced studies in applied statistics, actuarial finance and investment science. Students must complete 12 units including the Masters Project 503 and at least five other core units, totalling 300 credits.

Professional Recognition

Graduates are eligible for membership of the Australian mathematical society.

Career Opportunities

Graduates generally find employment with insurance companies, investment and superannuation funds, banks and stockbrokers, and governments.

Additional Course Expenses

Students may be expected to purchase a number of textbooks, readers and other vital study materials.

Availability

Availability Information has not been provided by the respective School or Area. Prospective/current students should contact the School or Area listed above for further information.