Master of Actuarial Practice
4.0 /5
- Public University
ANU College of Business & Economics
Talk to ExpertMaster of Actuarial Practice at Australian National University Overview
Master of Actuarial Practice
at Australian National University
Australian National University has been pioneering Master of Actuarial Practice at PG level. The program has a duration of 30 months. This particular course is directed towards individuals who seek a higher level of the educational cycle. The program is considered one of the best in the country, which is responsible for the program's excellent quality and honouring. For the course, applicants must satisfy evaluation based on eligibility criteria among which entrance scores obtained in tests such as IELTS, TOEFL and PTE are imperative for attaining admission. The Australian National University tuition fee for the first year to pursue this course is AUD 45,270. Added should be living expenditures, rent, hostel fees, boards, books and supplies, utilities, or any other expense for the course. This complete budgeting plan ensures that the students go through their college life hassle-free.
Duration | 30 months |
Tuition & Fees | ₹25.90 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Actuarial Practice
Table of contents
Master of Actuarial Practice at Australian National University Fees
Master of Actuarial Practice
at Australian National University
For enrolling at the Australian National University, for Master of Actuarial Practice, students must pay the tuition and living cost. Moreover, the Australian National University Master of Actuarial Practice fee structure can vary from domestic to international students.
International students must pay the AUD 45,270 for the first year. Along with this, they must be ready for other costs of living such housing, food, transportation, books and supplies, and other miscellaneous expenses. The average Australian National University cost of living for international students is AUD 13,780. Check out Australian National University Master of Actuarial Practice on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 25,90,349 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 7,88,492 |
| Insurance | INR 30,269 |
Calculated at the exchange rate of 1 AUD = INR 57.22 | Tuition & expenses were last updated on 17ᵗʰ April 2025Download exam sample paper
IELTS
IELTS
TOEFL
PTE
Master of Actuarial Practice at Australian National University Entry Requirements
Master of Actuarial Practice
at Australian National University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 5/7
- Read less
- Applicants must have a Bachelor's degree or international equivalent with a minimum GPA of 5.0/7.0, with at least one course in the field of mathematics that must cover calculus and linear algebra.
- Or an ANU Graduate Certificate of Finance and Actuarial Statistics (Actuarial Statistics or Actuarial Studies specialization) with a minimum GPA of 4.5/7.0, with at least one course in the field of mathematics from university studies that must cover calculus and linear algebra.
- Cognate disciplines: Finance, Accounting, Business, Economics, Statistics, Actuarial Studies, Maths, Business Information Systems, Management, Marketing, International Business, Engineering, Physics, Science
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GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 80/120
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- With a minimum of 20 in Reading and Writing and 18 in Speaking and Listening
-
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
PTE
- Marks - 64/90
- With a minimum score of 55 in each of the communicative skills
IELTS
- Marks - 6.5/9
- Read less
- With a minimum of 6.0 in each component of the test
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Other eligibility criteria
Students must achieve a minimum 60% weighted average mark in the first 48 units of courses attempted in order to remain enrolled in the Master of Actuarial Practice
Students who do not achieve a minimum of 60% weighted average mark in the first 48 units will be transferred to the Graduate Diploma in Business
The University is accepting Duolingo
N.B., this applies for coursework awards only, for Sem 1 2021 or Sem 2 2021, or Sem 1 2022 entry
ELP waiver: Applicants with tertiary qualification taught and assessed entirely in English may be exempted from the ELP requirement:
Applicants must have successfully completed two years of full-time (or equivalent) tertiary education within the last four years
Applicants need to submit the documentary evidence means a statement or certificate of confirmation issued by the Registrar’s office (or equivalent) of the institution at which tertiary study was undertaken
Academic achievement & English languag
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Master of Actuarial Practice at Australian National University Application Process
Master of Actuarial Practice
at Australian National University
Step one
Additional documents required
- Official final academic transcript
- Degree certificate
- Graduation Certificate (if applicable)
- If the original documents are written in a language other than English, the document must be accompanied by a complete English translation
- Proof Of English Language Proficiency
- Official ID (birth certificate, citizenship documents, passport)
- Submit a portfolio (Specifically for Master of Applied Cybernetics program)
Applicants applying for a program, to obtain admission based on professional experience, will need to provide:
- A CV clearly identifying periods of full-time and part-time professional experience
- Contact details of two referees who can verify the experience
- A statement addressing the relevant learning outcomes of the program as specified in Policy: Recognition of Prior and External Learning
- A statement from the employer confirming relevant experience, alternative evidence verifying the professional experience, or a statement why such a statement cannot be provided
Step two
Start your online application
Step three
Application fees for this course
AUD 100 = INR 5.72 Thousand
Mode of payment: Credit card, Debit card
Master of Actuarial Practice at Australian National University Rankings
Master of Actuarial Practice
at Australian National University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #43 | |
| #81 |
Master of Actuarial Practice at Australian National University Placements
Master of Actuarial Practice
at Australian National University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Australian National UniversityStudents Ratings & Reviews
4/5
6 Verified ReviewsStudent Views (Based on Reviews)
- 0% students never faced discrimination in this university
Vibe of Campus
Stressful
Academically oriented
Multi-dimensional
Liberal
Internships3.5
Part time work3.8
Post study jobs3.7
Quality of faculty4
Student Life4.5
Value for money3.2
Public transportation4.3
Safety4.7
Indian Food4.2
Permanent Immigration4
N
Nitya Chirag Laheri
Master of Finance - Batch of 2025
Offered by Australian National University
4.3
There are limited internship opportunities for finance students, especially with external companies.
Tips: For my degree, although the semester one courses are marked as 'Introductory,' they are complex, especially Statistics. A certain level of mathematics knowledge will be beneficial before starting this. Last-minute studying will not work.
Likes (Indian Food): There are mostly Asian restaurants due to the high Asian population, and many Indian restaurants in the CBD. As food is quite expensive, I generally prefer to cook at home. Vegetarian options are limited but available, and there are plenty of other affordable options for students on the ANU campus.
Dislikes (Internships): There are limited internship opportunities for finance students, especially with external companies, particularly if you're on a student visa, as many Canberra businesses are government-affiliated, restricting international student employment. While the college offers guidance, it hasn't been very effective in securing jobs in this market. The Momentum program for CBE students provides excellent support, and it's particularly beneficial for new students if they don't have a mentor.
Total Monthly ExpenseAUD 2100
Prepping time for classes30 hours/Week
Expected Annual SalaryAUD 75000
A
Anonymous
Master of Machine Learning and Computer Vision - Batch of 2024
Offered by Australian National University
4.4
Make sure to fully utilize the facilities and resources provided by the university.
Tips: Make sure that you are using the facilities, which is the biggest mistake I made. Use the libraries and labs instead of studying in your room. Try to limit the days you work to let's say three days a week, and then focus on your studies for the remaining period. The buses are really good. They can be slow depending on where you live. However, if you are on campus, everything is accessible. Moreover, there are trams as well, which allow easier access. The transportation is affordable, with student fares around $1.60. If you are into sports, you will love ANU and Australia.
Dislikes (Post study jobs): I'm still struggling to find a job. Most of the jobs are restricted to citizens for security reasons. Especially because Canberra is the capital of Australia. Usually, a new graduate tries to get into really competitive graduate roles. During the interviews, they focus more on behavioural skills over your hard skills.
Total Monthly ExpenseAUD 3000
Prepping time for classes35 hours/Week
Expected Annual SalaryAUD 80000
A
Anonymous
Master of Marketing Management - Batch of 2025
Offered by Australian National University
4.7
A great experience so far with many opportunities and internships.
Tips: Canberra is a more relaxed town than most, so it may be slow-paced at times. However, the people are lovely and open-minded. Be wary of your expenses as the service industry is expensive compared to cheap labour in India. More than ANU's courses, the networking options and opportunities are what make the university a great value for money.
Total Monthly ExpenseAUD 2300
Prepping time for classes12 hours/Week
Expected Annual SalaryAUD 83275
N
Nirmidha Sankar
Bachelor of Laws (Honours) - Batch of 2027
Offered by Australian National University
3.2
ANU: A second home away from home.
Tips: Canberra is a diverse city but it lacks cultural food options for South Asians especially Sri Lankans and South Indians. It is difficult to find good imported foods from India and Sri Lanka in Canberra compared to other cities like Melbourne or Sydney. Besides the transportation facility is very affordable convenient and easily accessible. There are lots of internship opportunities available so you need to find one that matches your schedule.
Total Monthly ExpenseAUD 2100
Prepping time for classes15 hours/Week
Expected Annual SalaryAUD
Ananya Banerjee
Bachelor of Psychology (Honours) - Batch of 2025
Offered by Australian National University
3.6
A leap for good challenges that will shape you for life.
Tips: Students must be aware of referencing, and academic style of writing and have fundamental knowledge in the field they are going to study. Students must also be well aware of resources and facilities for them by their department and the university. I experienced culture shock in terms of how young adults earn, live by themselves and study, which is very different in India. The party culture, drinking culture and legal drugs were surprising to me. I love how multicultural and diverse the cohort is at the ANU.
Likes (Quality of faculty): The faculty at the ANU is highly qualified and professional. The experience and work of the professors are exceptional. The faculty is very diverse and mostly all professors have their unique way of teaching. The professors are usually accessible by appointment and are supportive.
Dislikes (Value for money): It is an expensive country in general. The fee for international students is much more than what domestic students have to pay. A lot of university events are paid and hall events are usually very expensive. Anyone who is earning through a full-time job can take out the expenses easily which is a rare case.
Total Monthly ExpenseAUD 2200
Prepping time for classes12 hours/Week
Expected Annual SalaryAUD
View All 6 Reviews
Master of Actuarial Practice at Australian National University Highlights
Master of Actuarial Practice
at Australian National University
- This degree will make students thought leaders in financial fields. With an ANU Master of Actuarial Practice degree, students will excel in their careers literally anywhere in the world
- This degree will teach students how to apply their mathematical talent in understanding, measuring, and managing risks
- Graduates will apply mathematical, statistical, financial, economic, and other skills to untangle the most complex and difficult problems facing the commercial world
Master of Actuarial Practice at Australian National University Scholarships
Master of Actuarial Practice
at Australian National University
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About the author
Loveleen Sharma
Study Abroad Expert
Loveleen is a seasoned content writer with 4+ years of experience, currently writing for Shiksha. When he is not writing and helping students, he can be found at the movies, reading fiction, and learning a new language.
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Master of Actuarial Practice at Australian National University Contact Information
Master of Actuarial Practice
at Australian National University
Address
Acton ACT 2601, Canberra, Australia
Canberra ( Australian Capital Territory)
Phone
+61 2 6125 7257
(For general query)
+61 2 6125 5594
(For admission query)
Email
future.student@anu.edu.au
(For general query)
international.admissions@anu.edu.au
(For admission query)
Go to College Website ->