To be eligible for the program, you must have:
A recognised bachelor degree (or equivalent qualification) with a credit average (65% or higher) as determined by the
UNSW Postgraduate Coursework Entry Calculator; and
A major (at least seven courses) in actuarial studies; or
A major (at least seven courses) in econometrics; or
A major (at least seven courses) in mathematics or statistics
English Language requirements also apply to this program.
Note: No other requirement (such as GMAT, GRE, personal statement, academic referee) is considered unless otherwise specified.
Applicants are expected to have a mathematical background equivalent to a full year of calculus and linear algebra at first-year university undergraduate level at above credit grade, as determined by the UNSW Postgraduate Coursework Entry Calculator
The School also expects students to be familiar with the R computer package. For those who are not, a basic introduction is given here, and students should have had some practice with the package before they commence their courses.
Applicants who do not meet all of the entry criteria need not apply.
Note to Semester 2 (July) applicants: Applicants planning to study this program in Semester 2 need to have the required background in actuarial studies. Those with a very strong background in Econometrics, Mathematics (including Financial Mathematics) or Statistics may be allowed to commence the program in Semester 2, as determined by the UNSW Business School. Please contact us prior to lodging an application to determine if you have the required background to study this program in Semester 2.
Students who are not graduates of Australian or NZ universities
For students who have studied at overseas universities, the normal minimum academic requirement is the equivalent of a credit average grade (65%) from an Australian university, as determined by the
UNSW Postgraduate Coursework Entry Calculator. Details on assessment will be determined by your grading system so it is important that this is attached with your transcript when you apply.
Note: Applicants from non-211 universities in China wishing to study Postgraduate Coursework in the UNSW Business School, must achieve a minimum overall average of 88 in their current university’s grading system. This is equivalent to an 85% Australian scaled average using the calculator.
We will use the National Office of Overseas Skills Recognition (AEI-NOOSR). They are the government body that provides official information on the comparability of overseas qualifications with Australian qualifications using the Australian Qualifications Framework (AQF) as our benchmark.
In those countries where an equivalent grade has not been established, the following will be taken into consideration:
- The standard and content of the undergraduate program completed, and
- The standard of the institution from which the qualifications were obtained
- Indian universities award different types of bachelor and master degrees, with different requirements in terms of length of study. At a minimum, applicants would be required to have a 3-year bachelor degree or professional bachelor degree and provide all individual marksheets.
- Iranian universities award different types of bachelor degrees, with different requirements in terms of length of study. At a minimum, applicants would be required to have a 4-year bachelor degree.