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Monash University

Melbourne , Victoria ,Australia

Master of Actuarial Studies

In this course, you will acquire advanced expertise in statistics, econometrics, finance, economics, and mathematics.

It is designed for recent actuarial graduates and professionals in the early stages of their business careers, who want to pursue actuarial and risk management roles. The course covers specific areas of actuarial practice and includes exemptions for Parts I and II of subjects of the Institute of Actuaries of Australia.

As part of the degree, you can choose a wide range of elective units, across the fields of econometrics, actuarial practice, economics, business modeling, and finance, which will give you the flexibility to tailor the course to your personal interests and career goals.

As well as developing essential mathematical skills, the course also focuses on developing your wider business awareness skills including, communication, critical thinking, actuarial judgment, and professionalism.

The course gives you access to some of Australia's renowned actuarial educators and practicing actuaries with extensive industry experience, to ensure your studies focus on current concepts and issues that are relevant to business today.

Campus Information

Clayton

Clayton campus has around 26,000 students and is the largest of all eight campuses. It is located 20km south-east of Melbourne.

Intakes

  • Feb

Application Processing Time in Days: 30

Application Process

offer letter
10 Days
Payment
Days
Confirmation from the University
15 Days
Visa Processing
20 Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Current job opportunities 

Lecturer (School of Psychology) -   

In this role, you will be closely involved in the clinical supervision of Doctorate of Psychology (Clinical) candidates on placement at the Monash Psychology Centre (MPC) and involved in the administration of external placements, including facilitation of mid-placement reviews. You will also contribute to clinical teaching in the Doctorate of Psychology (Clinical) program, including assessment in the Objective Structured Clinical Examinations.

You will also be expected to bring your clinical experience and passion for training the next generation of clinical psychologists at Monash University. You will be centrally involved in the delivery of the Doctorate of Psychology (Clinical) program, support the operation of specialty clinics at MPC, and be a valued contributor to the clinical team. The opportunity to see clients within the MPC to maintain active clinical practice and access to peer supervision networks at the MPC will also be available.

Coursework Scholarships Manager - 

The Coursework Scholarships Manager plays a key role in managing all aspects of coursework scholarship administration within Student and Education Business Services to ensure the alignment of policies and institutional strategic goals.
In this role, you will be responsible for the coursework scholarship budget and targets, timely selection and accurate offering of scholarships, meeting reporting requirements, and implementing continuous process and system improvements. Your communication and negotiation expertise is required for stakeholder engagement and team leadership.

Executive Assistant (Australian Centre for Financial Studies) - 

The Monash Business School is seeking an Executive Assistant to join a highly motivated team within the Australian Centre for Financial Studies. ACFS is an independent research center that brings together industry, government, and academia to provide thought leadership on issues of concern for the financial sector and the broader community. Your expertise is required to provide a range of professional administrative support services to the Executive Director, Australian Centre for Financial Studies, and to the broader team.  

Research Fellow (Inflammatory Diseases) - 

A Research Fellow in this new project will be required to characterize and validate a glucocorticoid-induced transcriptional regulator as a potential alternative to glucocorticoids (steroids) for the treatment of autoimmune diseases.
The project will identify gene targets of the regulator in mouse and human B lymphocytes using ChIP-seq and RNA-seq technology and will involve testing the ability of the regulator to ameliorate the behaviors of B cells that contribute to autoantibody-mediated autoimmune diseases.

PSW Opportunity

  • 2 year Post Study Work Visa Opportunity

Admission Requirement / Eligibility Criteria

Qualifications

Depending upon your prior qualifications and experience you will be eligible for entry credit which may reduce the duration.

Entry-level 1: 96 points to complete Duration: 2 years full-time, 4 years part-time

An Australian bachelor's degree or 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.