Master (Actuarial Science)
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #59 out of 250 by US News Global Ranking 2022
₹25.9 L/Yr
A$47,800 /Yr
- Master of Actuarial Science at Monash University is a 2-year program.
- In the Master of Actuarial Studies, students will develop their proficiency in advanced analytical and mathematical systems and learn to apply their knowledge in the complex worlds of economics, econometrics, business modeling, and finance.
- As well as developing essential mathematical skills, the course also focuses on developing students' wider business awareness skills including, communication, critical thinking, actuarial judgement and professionalism.
- The course gives students access to some of Australia's renowned actuarial educators and practicing actuaries with extensive industry experience, to ensure your studies focus on current concepts and issues that are relevant to business today.
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Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | ₹2589804 (AUD 47800) |
Eligibility & Entry Requirement
Academic Eligibility:
- Applicants must have completed an Australian bachelor degree or an equivalent qualification.
- Applicants will be required to attend an interview (by telephone) with a member of the selection panel.
Work Experience:
- Minimum of three years of work experience (total) with at least one year of professional/managerial experience.
Language Requirments:
- The students whose official language is not English are required to submit the English Language Proficiency scores.
Indian Student Eligibility:
- The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
- Students completed a Diploma from an accredited institution with 65% in the final years of the program.
Required Document List
The Documents required are:
- Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
- Statement of marks - The marks statement provided by the education board.
- Financial Documentation - The Proof that shows the financial background of the student.
- Letter of Recommendation - This shows who recommended the student to pursue the degree.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- Resume/CV - This provides a summary of your experience and skills.
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
Monash International Leadership Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
Monash International Merit Scholarship | Scholarship per student₹ 3.6 L/Yr$6,561 | Level Of StudyBachelor | TypeCollege-Specific | |
Australia Awards Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
ASID Foundation Legacy Scholarships | Scholarship per student₹ 2.2 L/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
Collegedunia $150 Scholarship Program | Scholarship per student₹ 8,127/Yr$150 | Level Of StudyBachelor | TypeMerit-Based | |
Rotary Foundation Scholarships- Global Grants | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCompany-Sponsored |
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