Master of Science [M.S] (Actuarial Science)
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$41,034 /Yr
UniMelb M.S Actuarial Science is a 18 months Full Time Master program. This program is offered On Campus, requiring a successful completion of 150 credits. The first year fees for M.S Actuarial Science at UniMelb is ₹ 34.49 Lakhs (AUD 56992). Earlier in 2024, the M.S Actuarial Science Fee was ₹ 34.49 Lakhs (AUD 56992). This shows that the academic fees has remained the same.
For admission to M.S Actuarial Science at UniMelb, international students need IELTS: 6.5, TOEFL: 81, PTE: 64. The July 2026 intake Application Deadline is 28 February 2026. For more details, check UniMelb Admissions 2026
According to Times Higher Education, UniMelb ranked 33 out of 1200 in Global Ranking.
UniMelb M.S Actuarial Science Total Fees 2026
The tuition fee for M.S Actuarial Science at UniMelb is AUD 56992 per year (₹ 34.49 Lakhs). Meanwhile, the total cost is AUD 84812/Year (₹ 51.32 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for M.S Actuarial Science at University of Melbourne is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Tuition Fee | ₹ 34.49 Lakhs | AUD 56992 |
| Application Fee | ₹ 9,077 | AUD 150 |
The other expenses for M.S Actuarial Science at University of Melbourne is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Accommodation | ₹ 8.18 Lakhs | AUD 13520 |
| Food Cost | ₹ 4.41 Lakhs | AUD 7280 |
| Transportation | ₹ 94,396 | AUD 1560 |
| Other Living Expenses | ₹ 3.3 Lakhs | AUD 5460 |
| Total Cost | ₹ 16.83 Lakhs | AUD 27820 |
M.S Actuarial Science Tuition Fee Trends at UniMelb
UniMelb M.S Actuarial Science Fees for Indian students is ₹ 34.49 Lakhs (AUD 56992). This academic fee has remained the same from 2024. Candidates can check the year on year trends in UniMelb Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (AUD) |
|---|---|---|
| 2025 | ₹ 34.49 Lakhs | AUD 56992 |
| 2024 | ₹ 34.49 Lakhs | AUD 56992 |
| 2021 | ₹ 18.12 Lakhs | AUD 29941 |
UniMelb M.S Actuarial Science Application Deadlines & Important Dates
The key dates for the application process for M.S Actuarial Science at UniMelb include:
- July 2026 intake Application Deadline is 28 February 2026
M.S Actuarial Science at UniMelb Admission 2026
To be eligible for admission to M.S Actuarial Science at UniMelb, applicants must meet specific academic and language requirements.
| Category | Requirements |
| Course Duration | 2 Year |
| Credit Requirements | 150 |
Academic Requirement | Applicant must have an undergraduate degree in a related field with a score of at least 65% |
English Language Requirements |
|
Application link | |
Application Fee | AUD$150 |
Documents Required |
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UniMelb M.S Actuarial Science Application Link
UniMelb M.S Actuarial Science Application Link; Apply Here
M.S Actuarial Science at UniMelb Admission Requirements
For admission to M.S Actuarial Science, UniMelb accepts TOEFL, IELTS, PTE exam. The average scores among admitted students are typically around: 81 in TOEFL, 6.5 in IELTS, 64 in PTE.
M.S in Actuarial Science Fee Comparison
The fee comparison for similar programs like UniMelb M.S Actuarial Science are:
| University | Program | First Year Fees in AUD | First Year Fees in INR |
|---|---|---|---|
| The University of Queensland | M.A Financial Mathematics | AUD 48,160 /Yr | INR 29.1 L/Yr |
| University of New South Wales | M.A Actuarial Studies | AUD 26,100 /Yr | INR 15.8 L/Yr |
| Australian National University | M.S Actuarial Practice | AUD 48,035 /Yr | INR 29.1 L/Yr |
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| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $41034 (AUD 56992) |
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| Accommodation | $9734 (AUD 13520) |
| Food Cost | $5242 (AUD 7280) |
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| 2024 | $41034 (AUD 56992) |
| 2021 | $21558 (AUD 29941) |
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| July 2026 intake Application Deadline | |
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|---|---|---|
| Student Bursaries | $1,000 - $10,000 | Have an academic status of Good Standing |
| Rao Family Bursary | $1,000 - $3,000 | Be enrolled at the University of Melbourne |
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| 6YtxFj | a+VJO9 | sFGV92 | +zy2Nq | |
|---|---|---|---|---|
| MSD International Scholarships 2020 | NDHjH0Variable Amount | 70v4DRMaster | +zy2NqCollege-Specific | |
| Melbourne Graduate Research Scholarships | NDHjH0$ 97,200/Yr$135,000 | 70v4DRDoctorate | +zy2NqCollege-Specific | |
| Go Clean Scholarship | NDHjH0$ 2,520/Yr$3,500 | 70v4DRBachelor | +zy2NqMerit-Based | |
| Bharat Petroleum Scholarship | NDHjH0Variable Amount | 70v4DRMaster | +zy2NqMerit-Based | |
| FINCAD Women in Finance Scholarship | NDHjH0$ 14,400/Yr$20,000 | 70v4DRMaster | +zy2NqMerit-Based | |
| Axol Science Scholarship | NDHjH0$ 1,440/Yr$2,000 | 70v4DRBachelor | +zy2NqCompany-Sponsored |
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-- | USD 34,675 /Yr AUD 48,160 /Yr |
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| USD 18,792 /Yr AUD 26,100 /Yr |
| |||
Semester 2 Application Deadline For 2026 Intake (15th May 2026) Semester 2 Acceptance Deadline For 2026 Intake (30th Jun 2026) | USD 34,585 /Yr AUD 48,035 /Yr |
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