The Master of Commerce (Actuarial Studies) is for students who hold an actuarial degree and wish to pursue their actuarial training further. It focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation and financial risk modelling. With sufficiently high results students are able to obtain exemptions from exams of the Actuaries Institute (Australia), including the whole of Part II. The Master of Commerce (Actuarial Studies) has a ‘practice’ pathway, which focuses on advanced professional training, and a ‘research’ pathway, which prepares students for the PhD in Actuarial Studies.