The Master of Actuarial Studies (Extension), UNSW Sydney, offers four electives more than the standard Master of Actuarial Studies. This means you can choose subjects that build upon your future area of expertise or bridge the gap from a non-actuarial undergraduate degree.
Within two years (or less, with recognition of prior learning) students gain technical expertise in quantitative analysis, and accreditation for professional recognition from global Actuarial organisations.
Master of Actuarial Studies (Extension) students become mathematical specialists in risk management in the financial services industries, especially insurance and superannuation. Graduates are well prepared with proficient technical skills and in-depth industry understanding.
Why choose this master’s degree?
The Master of Actuarial Studies (Extension) provides a thorough mathematical and technical background in actuarial work. The program draws on professional actuarial syllabuses and exceptional research by the staff of the School of Risk and Actuarial Studies. The UNSW Business School of Risk and Actuarial Studies is recognised as a Centre of Actuarial Excellence by the Society of Actuaries.
The program is built around core actuarial skills in probability, statistics and financial reporting; along with financial mathematics and business economics. In addition, students choose electives from courses including superannuation and retirement benefits, stochastic modelling, risk and capital management, actuarial data and analysis. Students can also choose pre-approved non-actuarial business electives in finance and economics. See the program structure for detailed information.
Graduates earn internationally recognised accreditation from the Australian Actuaries Institute and the Society of Actuaries (USA). This accreditation provides exemptions to the professional standard examinations – putting students on a career fast-track.
Students who wish to complete their studies with the Institute and Faculty of Actuaries (UK) may be eligible to receive credit for subjects for which they have credit with the Actuaries Institute via Transfer of Prior Learning (TPL).
UNSW Business School students have exclusive access to Career Accelerator, a portfolio of professional development opportunities that include:
Several of the professors had transitioned to academia post-corporate life. The real-world practicality of their teachings and their professional advice has been indispensable.
Who is this degree for?
- People with a background in econometrics, mathematics or statistics who are seeking an Actuarial career
- Mathematics or statistics graduates who are seeking accreditation for industry professional standard exams with the Australian Actuaries Institute and the Society of Actuaries (USA)
Job and career prospects
- Actuarial analyst
- Business consultant
- Investment banker
- Asset management trainee
- Credit analyst
- Insurance analyst
- Risk assessment officer
- Superannuation advisor
- Wealth management analyst
Find out how we prepare our graduates for career success.
Why the Business School?
UNSW Business School is a leading business school in the Asia-Pacific, and we rank 1st worldwide for Risk and Actuarial Studies. Read more about our rankings and reputation.
Our students build professional networks among more than 90,000 Business School alumni worldwide and begin their new career before graduation. This postgraduate degree incorporates a suite of professional development opportunities offered by Career Accelerator, that are exclusive to UNSW’s Business School students. Career Accelerator helps you build industry connections through networking and mentoring, and you can undertake internships and global business practicums for credit towards your degree.