Master of Science [M.S] (Actuarial Practice)
Field of Study:
₹26 L/Yr
MQ Sydney M.S Actuarial Practice is a 2 years Full Time Master program. This program is offered On Campus, requiring a successful completion of 160 credits. The first year fees for M.S Actuarial Practice at MQ Sydney is ₹ 26.16 Lakhs (AUD 45100). Earlier in 2023, the M.S Actuarial Practice Fee was ₹ 23.67 Lakhs (AUD 40800). This shows that the academic fees has increased by ₹ 249443 (AUD 4300).
For admission to M.S Actuarial Practice at MQ Sydney, international students need WAM: 65%, Toefl: 83, Ielts: 6.5. The Application Deadline For 2026 Intake Session 1 is 10 February 2026. For more details, check MQ Sydney Admissions 2025
MQ Sydney M.S Actuarial Practice Total Fees 2025
The tuition fee for M.S Actuarial Practice at MQ Sydney is AUD 45100 per year (₹ 26.16 Lakhs). Meanwhile, the total cost is AUD 74751/Year (₹ 43.36 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 Practice at Macquarie University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Tuition Fee | ₹ 26.16 Lakhs | AUD 45100 |
The other expenses for M.S Actuarial Practice at Macquarie University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Living Expenses | ₹ 16.24 Lakhs | AUD 28000 |
| Health Insurance | ₹ 37,765 | AUD 651 |
| Books and supply | ₹ 58,010 | AUD 1000 |
| Total Cost | ₹ 17.2 Lakhs | AUD 29651 |
M.S Actuarial Practice Tuition Fee Trends at MQ Sydney
MQ Sydney M.S Actuarial Practice Fees for Indian students is ₹ 26.16 Lakhs (AUD 45100). This academic fee has remained the same from 2023. Candidates can check the year on year trends in MQ Sydney Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (AUD) |
|---|---|---|
| 2024 | ₹ 26.16 Lakhs | AUD 45100 |
| 2023 | ₹ 23.67 Lakhs | AUD 40800 |
| 2021 | ₹ 22.74 Lakhs | AUD 39200 |
MQ Sydney M.S Actuarial Practice Application Deadlines & Important Dates
The key dates for the application process for M.S Actuarial Practice at MQ Sydney include:
- Application Deadline For 2025 Intake Session 2 is 07 July 2025
- Application Deadline For 2026 Intake Session 1 is 10 February 2026
M.S Actuarial Practice at MQ Sydney Admission 2025
To be eligible for admission to M.S Actuarial Practice at MQ Sydney, applicants must meet specific academic and language requirements.
| Category | Details |
|---|---|
| Department | Macquarie Business School |
| Program Length | 2 years full-time |
| Eligibility for Indian Students | - A recognized bachelor's degree with strong mathematical or statistical content. |
| GPA Requirement | 65 WAM (60% or 6.0 for Indian students) |
| Prerequisites | Proficiency in mathematics or statistics; prior actuarial studies are advantageous but not mandatory |
| Application Link | Apply online |
| Application Fee | NA |
| Language Proficiency Requirements | - IELTS: Overall 6.5 with a minimum of 6.0 in each subtest - TOEFL iBT: Overall 83 with a minimum of 13 in reading, 12 in listening, 18 in speaking, and 21 in writing - PTE Academic: Overall 58 with a minimum of 52 in reading, 52 in listening, 52 in speaking, and 52 in writing |
| Documents Required |
|
| Number of Credits Required | 160 credit points |
MQ Sydney M.S Actuarial Practice Application Link
MQ Sydney M.S Actuarial Practice Application Link; Apply Here
M.S Actuarial Practice at MQ Sydney Admission Requirements
For admission to M.S Actuarial Practice, MQ Sydney accepts IELTS, TOEFL, PTE exam. The average scores among admitted students are typically around: 6.5 in IELTS, 83 in TOEFL, 58 in PTE.
M.S in Actuarial Practice Fee Comparison
The fee comparison for similar programs like MQ Sydney M.S Actuarial Practice are:
| University | Program | First Year Fees in AUD | First Year Fees in INR |
|---|---|---|---|
| University of Adelaide | M.S Biostatistics | AUD 44,500 /Yr | INR 25.8 L/Yr |
| The University of Queensland | M.A Financial Mathematics | AUD 48,160 /Yr | INR 27.9 L/Yr |
| Macquarie University | M.S Applied Statistics | AUD 46,500 /Yr | INR 27 L/Yr |
| University of Wollongong | M.S Statistics | AUD 37,200 /Yr | INR 21.6 L/Yr |
| Australian National University | M.S Actuarial Practice | AUD 48,035 /Yr | INR 27.9 L/Yr |
| The University of Sydney | Master of Mathematical Sciences | AUD 58,800 /Yr | INR 34.1 L/Yr |
| University of Technology Sydney | M.S Mathematical Science | AUD 46,440 /Yr | INR 26.9 L/Yr |
Important Alert
- Application Deadline For 2026 Intake Session 1 - Feb 10, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹2602721 (AUD 45100) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | ₹1615880 (AUD 28000) |
| Health Insurance | ₹37569 (AUD 651) |
Tuition fee per credit: AUD$563.75
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | ₹2354568 (AUD 40800) |
| 2021 | ₹2262232 (AUD 39200) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For 2025 Intake Session 2 | |
| Application Deadline For 2026 Intake Session 1 | Feb 10, 2026 |
Scores Required
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Macquarie University Alumni Scholarship | 10% of Tuition | Graduate from Macquarie University, meet entry requirements, and gain acceptance into a 2025 postgraduate coursework degree (excluding specified programs) |
| Medibank Postgraduate Coursework Scholarship | $2,500 | International student with valid Medibank OSHC, 40+ credit points completed and remaining in Master's coursework, strong academic record, not a past Medibank scholarship recipient, and willing to attend Medibank events |
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 | |
|---|---|---|---|---|
| Macquarie Research Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeCollege-Specific | |
| MGSM Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| FINCAD Women in Finance Scholarship | Scholarship per student₹ 11.5 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.2 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | INR 25.7 L/Yr AUD 44,500 /Yr |
| ||
Semester 1 Application Deadline for 2026 Intake (30th Nov 2025) | INR 27.8 L/Yr AUD 48,160 /Yr |
| ||
Application Deadline For 2026 Intake Session 1 (10th Feb 2026) | INR 26.8 L/Yr AUD 46,500 /Yr |
| ||
Application Deadline For Autumn 2026 Intake (9th Dec 2025) Trimester 2 Application Deadline For 2026 Intake (24th Feb 2026) Trimester 3 Application Deadline For 2026 Intake (2nd Jun 2026) | INR 21.5 L/Yr AUD 37,200 /Yr |
| ||
Semester 1 Application Deadline for 2026 Intake (15th Dec 2025) | INR 27.7 L/Yr AUD 48,035 /Yr |
|
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