Melbourne Business School's Master of Commerce (Actuarial Science) is for students who hold an actuarial degree and wish to pursue their actuarial training further. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. It focuses on actuarial theory and practice, specialising in quantitative techniques for insurance, superannuation and financial risk modelling. The program has a ‘practice’ pathway, which focuses on advanced professional training, and a ‘research’ pathway, which prepares students for the PhD in Actuarial Studies. Who is it for? The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science. Professional Accreditation Graduates of the degree who have performed at a sufficiently high level will have gained the knowledge to complete the associateship of the Actuaries Institute and may gain exemptions from almost all of its requirements. The degree is designed to be completed in one and a half years of full-time study or three years part time and requires completion of 150 points, comprised of: 7 core actuarial subjects and 5 elective subjects. Student can elect to follow one of two pathways; the practice pathway or the research pathway. Employment Outcomes Students from the first graduate cohort have been employed in roles such as: PhD candidate, Cass Business School, United Kingdom Research Assistant, Melbourne Business School, Australia Actuarial Analyst, China Continent Property & Casualty Insurance, China Practical Skills You will leave the degree with a number of essential skills, including the ability to: Critically analyse theoretical and practical problems in actuarial work Evaluate analytically and numerically using actuarial models Understand actuarial practice and conduct