M.S Actuarial Science at University Of Melbourne [UNIMELB], Melbourne Fees, Entry Requirement & Application Deadline

University of Melbourne MS in Actuarial Science Fees, Eligibility, Admission & Deadlines

Melbourne, VictoriaLocation
UniversitySchool type
Estd1853established year
53000enrollment
Public
7.2/10

Master of Science [M.S] (Actuarial Science)

18 months
Full Time
On Campus
Ranked #33 out of 1200 by THE Global Ranking 2022

$37,045 /Yr

A$56,992 /Yr
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Collegedunia Team

Content Curator | Updated on - Oct 18, 2025

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 ₹ 33.05 Lakhs (AUD 56992). Earlier in 2024, the M.S Actuarial Science Fee was ₹ 33.05 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: 79, PTE: 64. The July 2026 intake Application Deadline is 28 February 2026. For more details, check UniMelb Admissions 2025

According to Times Higher Education, UniMelb ranked 33 out of 1200 in Global Ranking.

UniMelb M.S Actuarial Science Total Fees 2025

The tuition fee for M.S Actuarial Science at UniMelb is AUD 56992 per year (₹ 33.05 Lakhs). Meanwhile, the total cost is AUD 84812/Year (₹ 49.18 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 ₹ 33.05 Lakhs AUD 56992
Application Fee ₹ 8,699 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 ₹ 7.84 Lakhs AUD 13520
Food Cost ₹ 4.22 Lakhs AUD 7280
Transportation ₹ 90,464 AUD 1560
Other Living Expenses ₹ 3.17 Lakhs AUD 5460
Total Cost ₹ 16.13 Lakhs AUD 27820

M.S Actuarial Science Tuition Fee Trends at UniMelb

UniMelb M.S Actuarial Science Fees for Indian students is ₹ 33.05 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 ₹ 33.05 Lakhs AUD 56992
2024 ₹ 33.05 Lakhs AUD 56992
2021 ₹ 17.36 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:

  • March 2026 intake Application Deadline is 30 September 2025
  • July 2026 intake Application Deadline is 28 February 2026

M.S Actuarial Science at UniMelb Admission 2025

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

  • TOEFL(iBT) Minimum Score of 79.
  • IELTS Overall Score of 6.5.
  • PTE Overall Score of 64. 

Application link

Application link

Application Fee

AUD$150

Documents Required

  • Online application
  • Official Transcripts
  • Two letter of recommendation
  • Personal Statement
  • Statement of purpose
  • English language Proficiency score
  • Copy of passport
  • CV/Resume

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: 79 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 27.9 L/Yr
University of New South Wales M.A Actuarial Studies AUD 26,100 /Yr INR 15.1 L/Yr
Australian National University M.S Actuarial Practice AUD 48,035 /Yr INR 27.9 L/Yr

Also Check:


Important Alert

  • July 2026 intake Application Deadline - Feb 28, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$37045 (AUD 56992)

Other Expenses

HeadAvg Cost Per Year
Accommodation$8788 (AUD 13520)
Food Cost$4732 (AUD 7280)

Previous Year Tuition Fees

Year1st Year Fees
2024$37045 (AUD 56992)
2021$19462 (AUD 29941)

Important Dates

EventApplication Date
March 2026 intake Application Deadline Sep 30, 2025
July 2026 intake Application Deadline Feb 28, 2026

Scores Required

81 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

64 / 90

Avg. Score in

PTE

150

Application Fees

150

ECTS Credits

TOP Scholarships

Scholarship nameAward amountEligibility
Student Bursaries$1,000 - $10,000Have an academic status of Good Standing
Rao Family Bursary$1,000 - $3,000Be enrolled at the University of Melbourne



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Melbourne Graduate Research ScholarshipsScholarship per student$ 87,750/Yr$135,000Level Of StudyDoctorateTypeCollege-Specific
MSD International Scholarships 2020Scholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Axol Science ScholarshipScholarship per student$ 1,300/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Dr. APJ Abdul Kalam International Postgraduate Scholarships 2020Scholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
VueVille Future Technology ScholarshipScholarship per student$ 650/Yr$1,000Level Of StudyBachelorTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Semester 2 Application Deadline for 2026 Intake (31st May 2025)
Semester 1 Application Deadline for 2026 Intake (30th Nov 2025)
USD 31,304 /Yr
AUD 48,160 /Yr
  • TOEFL: 87
  • IELTS: 6.5
  • PTE: 64
  • GRE: 304
Application Deadline for Term 3 Grouped round 1 2026 Intake (6th Nov 2025)
Application Deadline for Term 3 Grouped round 2 2026 Intake (25th Dec 2025)
Application Deadline for Term 3 Grouped round 3 2026 Intake (12th Feb 2026)
USD 16,965 /Yr
AUD 26,100 /Yr
  • IELTS: 7.0
  • TOEFL: 94
  • PTE: 65
Semester 1 Application Deadline for 2026 Intake (15th Dec 2025)
USD 31,223 /Yr
AUD 48,035 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • PTE: 64

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