Commerce - Actuarial Studies University of Melbourne

Overview

Overview

Actuaries assess, evaluate and manage the financial risks faced by individuals, organisations and governments to plan effectively for the future.

The risks assessed by actuaries can include illness, disability and death, the effects of natural disasters, and major economic or social change. The Commerce - Actuarial Studies program at University of Melbourne tackle many types of problems, most of which involve uncertainty about the future.

You will learn about actuarial techniques and life insurance modelling, through to the mathematics of finance and insurance risk models. This major will provide you with a firm grounding in the traditional actuarial skill set of mathematics, statistics, demography, finance and economics.

Actuarial Studies at Melbourne

• Develop specialist expertise and knowledge in an area that will fast-track your high-earning career in the financial sector
• Gain expertise in core study areas: financial mathematics, life insurance mathematics and actuarial statistics

• Melbourne is one of only seven institutions in Australia that has full accreditation from the Actuaries Institute, with the Faculty of Business and Economics designated as a Centre of Actuarial Excellence by the US Society of Actuaries

Career

You can look forward to a rewarding career in a variety of organisations and industries such as 

• asset management
• banking and finance
• capital and risk management
• data science
• government
• insurance
• investments
• superannuation

More than that, your first job could see you as a: