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Postgraduate

Master of Science (Actuarial and Financial Science)

MSc(Curtin) - MC-ACTFNS Science and Engineering
Location Bentley
Study method Full-time or part-time
Study mode On-campus
Intake February or July
Duration 1.5 years full time

In this course you will learn how to help organisations plan for the future and protect themselves from loss. Core units cover the principles of finance and investment science through to risk analysis and credibility theory.

You will also select optional units, which include practical mathematical financial modelling, applied statistics and numerical methods.

On completion of this course, your skills may be applied in the worlds of insurance, pensions, healthcare, banking, business management and risk assessment. You may also play a role in determining company policy and explaining complex technical matters to company executives, government officials, shareholders, policyholders, or the public in general.

This course is accredited by the Actuaries Institute. Graduates are also eligible for membership of the Australian Mathematical Society.

Admission criteria

Admission criteria for Australian and New Zealand students

Recognised four-year bachelor or honours degree in mathematics, statistics, science, engineering or finance. Your basic mathematics and statistics competency must be equivalent to Curtin's advanced calculus, linear algebra and statistical methods units.

English language proficiency

IELTS Academic (International English Language Testing System)
Writing 6.0
Speaking 6.0
Reading 6.0
Listening 6.0
Overall band score 6.5

Other qualifications may also satisfy our English language admission criteria. Please view our English language requirements page to find out more.

Fees

Fees for Australian and New Zealand students

Year Student type Cost
2018 Domestic fee paying Domestic fee-paying - A domestic fee-paying place is a place at university which is not Commonwealth supported, that is, not subsidised by the Australian Government. Domestic fee paying students will be charged tuition fees and may be eligible for FEE-HELP assistance for all or part of those tuition fees. $27,100*

Fees are indicative first year only.

*These fees are a guide only. They are based on a first year full-time study load. How much you'll pay will depend on whether you’re offered a Commonwealth supported place or a full-fee place. Some courses require additional study to be completed and in this case, the total course fee will be higher than that shown. The total cost will also depend on your course options (i.e. units selected and time taken to complete). Use the Fee Calculator for an estimate of individual unit fees.

These fees do not include incidental fees (such as lab coats or art supplies) or the cost of your textbooks. Visit our other fees and charges page for more information about this.

For more information on fees and to determine your eligibility for HECS-HELP or FEE-HELP, please visit the fee basics webpage or the Study Assist website.

If you’re not an Australian citizen, permanent resident or New Zealand citizen, please see information for international students.

Professional recognition

Graduates are eligible for membership of the Australian Mathematical Society.

This course is accredited by the Actuaries Institute, making Curtin the only Western Australian university to have an accredited program. Graduates are also eligible for membership of the Australian Mathematical Society.

Credit for previous study

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


Learn about Credit for Recognised Learning (CRL)

Career opportunities

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


More information about Actuarial and Financial Science