Master of Actuarial Science
Master of Actuarial Science
A Master of Actuarial Science will develop your skills in the challenge of crunching numbers to evaluate risk and create practical solutions for real-world problems. Bond is the only university in Queensland to be Accredited by the Actuaries Institute and is an innovative and immersive program that combines elements of…
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COURSE DESCRIPTION
A Master of Actuarial Science will develop your skills in the challenge of crunching numbers to evaluate risk and create practical solutions for real-world problems. Bond is the only university in Queensland to be Accredited by the Actuaries Institute and is an innovative and immersive program that combines elements of economics, finance, data science, and advanced probability theory. This encourages students to develop techniques for the management of risk and improvement of business decision-making.
The Master of Actuarial Science is a four-semester program that provides those with an undergraduate degree in an alternative field of study, an opportunity to gain Part I (Foundation program) accreditation, from the Actuaries Institute.
Students who have successfully completed cognate undergraduate programs, may be eligible for advanced standing of up to 30 credit points toward the Master of Actuarial Science program.
Accredited by the Actuaries Institute, the Master of Actuarial Science is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. The Master of Actuarial Science will be taught via smaller classes for personalised attention and unparalleled access to Bond University’s Bond FinTech Hub and Bloomberg data-sourcing terminals. The program will develop skills in the challenge of crunching ‘big data’ numbers to create practical solutions for real-world problems. Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high-level manager. The successful completion of the program at an appropriate level of performance will lead to Part I qualification with the Actuaries Institute
Where will your degree take you?
Actuaries are in high demand for their range of quantitative business knowledge, and problem-solving skills in a range of industries. This field of work is no longer restricted to the insurance and financial sectors, there are new opportunities arising in diverse areas such as climatology, health, e-commerce, energy and environment, genetics, and public infrastructure.
Bond actuarial science graduates are very well placed in the job market, with skills highly transferrable between countries and industries.
Program learning outcomes
Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge, skills and abilities that will be achieved on completion of the program. These outcomes will help you determine whether this program aligns with your professional pathway, career and learning goals.
EDUCATIONAL INSTITUTION
Bond University is a private university located on the Gold Coast, Queensland. It was established in 1989. Bond provides students with a high-quality, individualised study experience. Students learn under the mentorship of world-class, industry leading academics, and receive a fast-paced, well-rounded education with unparalleled access to resources and professional development opportunities. For 16 years, Bond has stood strong as Australia’s number one university for student experience (according to the Good Universities Guide). The university offers programs in the fields of Actuarial Science and Data Analytics; Architecture; Business and Tourism Management; Commerce and Entrepreneurship; Communication, Film and Creative Media; Construction, Property and Planning; Health, Biomedical and Sport Sciences; International Relations, Politics and Arts; Law; Medicine; Project Management and Innovation; Psychology, Criminology and Social Sciences. The university awards bachelors, masters, and doctoral degrees in various fields.
