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
$34,450 /Yr
A$53,000 /Yr
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $34450 (AUD 53000) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $31070 (AUD 47800) |
Important Dates
Course Starts in Feb and July
| Event | Application Date |
|---|---|
| Semester 2 (July) | Jul 1, 2024 |
| Semester 1 (March) | Mar 1, 2025 |
What's New in Monash Australia?
7 October 2025: Monash University has updated its 2026 fees. The Master of Business Analytics program costs A$59,900 (₹35.13 lakhs), up from A$56,800 in 2025. The Business Analytics program has a single Semester 1 intake, with Round 1 applications closing July 30, 2025, and Round 2 closing September 30, 2025. Check program details.
7 October 2025: The Master of Biotechnology Fee 2026 at Monash is A$52,800 (₹30.96 lakhs), up from A$49,900. Check program details.
1 October 2025: Monash University has released 2026 fees – BBA program now costs AUD 55,900 (approx. INR 49.56 Lakhs), up from AUD 53,200 in 2025, reflecting an increase of AUD 2,700. Check program details.
...Read More
- 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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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.
Key Resources for Your Study Abroad Journey
Course Guides
MS in Australia: Top Universities, Application Process, Cost, Scholarships and Job Prospects
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 2,275/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 13,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,300/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Dr. APJ Abdul Kalam International Postgraduate Scholarships 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific |
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Important Dates
| Program | Important Dates |
|---|---|
| Master Business Analytics | Round 1 Application Deadline For 2026 Intake (30th Jul 2025) Round 1 Acceptance Deadline For 2026 Intake (30th Aug 2025) Round 2 Application Deadline For 2026 Intake (30th Sep 2025) Round 2 Acceptance Deadline For 2026 Intake (30th Oct 2025) |
| M.H.M | Semester 1 (March) (1st Mar 2025) |
| B.Eng Mechanical Engineering | Semester 1 (March) (1st Mar 2025) |
| M.Arch | Semester 2 Start Date for July 2025 Intake (1st Jul 2025) Semester 1 Start Date for February 2026 Intake (1st Feb 2026) |
| B.S Biomedical Science | Semester 1 (March) (1st Mar 2025) |
| B.I.T | Semester 1 (March) (1st Mar 2025) |
| M.S Human Resources Management | Semester 1 (March) (1st Mar 2025) |
| B.B.E | Semester 1 (March) (1st Mar 2025) |
| M.Des | R3 International Scholarship Application dates (1st Apr 2025) Admission Start Date (21st Jan 2025) R1 International Scholarship Application dates (31st Mar 2025) |
| M.F.A | R3 International Scholarship Application dates (1st Apr 2025) Admission Start Date (21st Jan 2025) R1 International Scholarship Application dates (31st Mar 2025) |
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