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Master of Actuarial Science (Enhanced) (MC-ACTSCEN) // Course structure
About this course
Course structure
The degree is designed to be completed in two-years of full time study and requires completion of 200 points. The degree consists of 16 semester-length subjects comprising 6 compulsory core subjects, 2 capstone subjects and 8 elective subjects.
Year 1
Semester 1
CORE SUBJECTS
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90001 | Mathematics of Finance I | Semester 1 (On Campus - Parkville) |
12.5 |
| ACTL90006 | Life Insurance Models I | Semester 1 (On Campus - Parkville) |
12.5 |
ELECTIVE SUBJECTS
Two elective subjects (25 points) approved by the Program Director.
The following two electives are recommended for professional accreditation exemptions:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACCT90042 | Accounting and Finance for Actuaries | Semester 1 (On Campus - Parkville) |
12.5 |
| ACTL90023 | Data Analytics in Insurance 1 | Semester 1 (On Campus - Parkville) |
12.5 |
Semester 2
CORE SUBJECTS
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90002 | Mathematics of Finance II | Semester 2 (On Campus - Parkville) |
12.5 |
| ACTL90007 | Life Insurance Models 2 | Semester 2 (On Campus - Parkville) |
12.5 |
| ACTL90021 | Topics in Insurance and Finance | Semester 2 (On Campus - Parkville) |
12.5 |
CAPSTONE SUBJECT
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90005 | Life Contingencies | Semester 2 (On Campus - Parkville) |
12.5 |
Year 2
Semester 1
CORE SUBJECT
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90003 | Mathematics of Finance III | Semester 1 (On Campus - Parkville) |
12.5 |
CAPSTONE SUBJECT
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90020 | General Insurance Modelling | Semester 1 (On Campus - Parkville) |
12.5 |
ELECTIVE SUBJECTS
Two elective subjects (25 points) approved by the Program Director.
The following two electives are recommended for professional accreditation exemptions:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90010 | Actuarial Practice and Control I | Semester 1 (On Campus - Parkville) |
12.5 |
| ACTL90022 | Economics for Actuaries | Semester 1 (On Campus - Parkville) |
12.5 |
Semester 2
ELECTIVE SUBJECTS
Four elective subjects (50 points) approved by the Program Director.
The following three electives are recommended for professional accreditation exemptions:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ACTL90008 | Statistical Techniques in Insurance | Semester 2 (On Campus - Parkville) |
12.5 |
| ACTL90011 | Actuarial Practice and Control II | Semester 2 (On Campus - Parkville) |
12.5 |
| ACTL90019 | Data Analytics in Insurance 2 | Semester 2 (On Campus - Parkville) |
12.5 |
Last updated: 30 January 2024