Master of Actuarial Studies
3.8 /5
- Public University
Faculty of Business and Economics
Talk to ExpertMaster of Actuarial Studies at Monash University Overview
Master of Actuarial Studies
at Monash University
A 2 years long Master of Actuarial Studies is offered by Monash University at PG level. Shiksha Popularity Ranking 2025 has ranked the Monash University Master of Actuarial Studies at #5 Ranked among the top-ranked courses in the country.
The course admission process requires students to submit a valid score in exams such as IELTS.
Additionally, to know general details about the course, the students must also know the cost of attendance. For the first-year, Monash University tuition fees for Master of Actuarial Studies is AUD 45,500. On top of this, the students are required to bear the cost of living expenses.
Duration | 2 years |
Tuition & Fees | ₹26.69 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Course Level | PG Degree |
Mode of Course | Full Time |
Master of Actuarial Studies
Table of content
- Overview
- Fees
- Entry Requirements
- Rankings
- Placements
- Highlights
- Scholarships
Master of Actuarial Studies at Monash University Fees
Master of Actuarial Studies
at Monash University
For enrolling at the Monash University, for Master of Actuarial Studies, students must pay the tuition and living cost. Moreover, the Monash University Master of Actuarial Studies fee structure can vary from domestic to international students.
International students must pay the AUD 45,500 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. Check out Monash University Master of Actuarial Studies on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 26,68,575 |
Calculated at the exchange rate of 1 AUD = INR 58.65 | Tuition & expenses were last updated on 3ʳᵈ October 2024Download exam sample paper
IELTS
IELTS
Duolingo
PTE
Master of Actuarial Studies at Monash University Entry Requirements
Master of Actuarial Studies
at Monash University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 65%
- Read less
- Applicants must hold an Australian bachelor degree (or equivalent qualification) in a technical, mathematical or scientific discipline with a Weighted Average Mark (WAM) of 65% or an equivalent GPA determined by the faculty and must have passed an introductory statistics unit or equivalent
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GPA
Percentage
CGPA
Out of 4
PTE
- No specific cutoff mentioned
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Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
IELTS
- Marks - 6.5/9
- with no band less than 6.0
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Duolingo
- No specific cutoff mentioned
Sign-up to view details
Master of Actuarial Studies at Monash University Rankings
Master of Actuarial Studies
at Monash University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #4 | |
| #57 | |
| #76 |
Master of Actuarial Studies at Monash University Placements
Master of Actuarial Studies
at Monash University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Monash UniversityStudents Ratings & Reviews
3.8/5
24 Verified ReviewsVibe of Campus
- Academically oriented
- Friendly
- Multi-dimensional
- Liberal
Student Views
- 63% students never faced discrimination in this university
Internships3.3
Part time work3.3
Post study jobs3.5
Quality of faculty4.2
Student Life4.1
Value for money3.4
Public transportation4.1
Safety4.4
Indian Food4.3
Permanent Immigration3.5
A
Anonymous
Bachelor of Engineering (Honours) and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
4.2
Learning, growing and loving the uni life.
Tips: Before joining, students should be prepared for being comfortable stepping out of their comfort zones. The people are actually very nice over here and love to have short talks. The cultural shift was noticeable - especially the independence and direct communication - but I adjusted over time. I received a 10,000 AUD partner scholarship, which was directly deducted from my one-year fee. Overall, I'm happy with my course, the university, and the experience here in Australia.
Dislikes (Public transportation): The V-Line services often experience disruptions, delays and planned works, which can be quite inconvenient. On weekends and public holidays, the frequency of trains tends to drop significantly, leading to long gaps between services. While the campus is connected to the city via train and bus.
Reviewed on 27 Jul 2025Read more
A
ANUJ RANJAN
Bachelor of Software Engineering (Honours) - Batch of 2027
Offered by Monash University
3.5
It is a great college and international exposure is great.
Tips: Monash offers great academics and a diverse campus, but tuition and living costs are high. Adjusting was tough at first due to a new academic style and independent culture, but the diverse, friendly campus made it easier to settle. I did not get any scholarships.
Likes (Indian Food): There are plenty of food options from my country of origin available around the Clayton area. Grocery stores and supermarkets also stock Indian items and ingredients. I often prefer cooking at home, but it's great to have affordable and authentic options when I want to have something great.
Dislikes (Value for money): It is very expensive to study at Monash University, and while the faculty members and teaching are good, I don't think that the extremely high tuition or around AU$ 200,000 is justified. The value does not match the investment as it places a very big burden on student and parents.
Reviewed on 3 Jul 2025Read more
A
Anonymous
Bachelor of Engineering (Honours) and Bachelor of Commerce - Batch of 2026
Offered by Monash University
2.9
The university is a business rather than an educational institution.
Tips: The university prefers first-year students, and they get the most perks. They get to pick classes in the best buildings, whereas senior students get worse buildings with worse class times. The faculty are average, and they just teach us for the sake. International students are getting ripped off in terms of money and value, so try to attend every class so you can make your money's worth. The course should be improved and meet the industry's expectation. However, we do have many on-campus campaigns, activities and events that help us in building connections with other people.
Reviewed on 17 Feb 2025Read more
R
Raiwat Kumar
Bachelor of Science and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
3.6
A balanced journey, growth, challenges, and opportunities as an international student.
Tips: Student should know that while this college offers a wide range of opportunities, both academic and extra curricular requires self initiative, professors and staff are supportive, but you need to be protective about attending events seeking, help and building your network time management is key, especially if you're juggling studies with part-time work. Also, don't expect things to be handed to you. You will get the most out of the experience if you actively participate in what's happening on campus. The transition was challenging at first, especially as an international student, and there was definitely a cultural shift. People are more individualistic and open in how they communicate. The education system is also different, focusing more on independent learning, critical thinking, and research-based assignments. At the same time, their cultural diversity on campus helps me quickly. I made friends from different countries and which really helped open my mind and help me feel more included. I received the international student merit-based scholarship. The process involves submitting my academic transcript and personal statement during my application. It wasn't a full scholarship, but it offered a partial tuition fee, which was helpful in reducing final pressure. Overall, I am quite satisfied. My course industry offers flexibility in choosing electives. My university has resources like labs, care services, and academic support. Australia is a safe country and offers a good quality of life. While there are ups and downs, the experience has been worth it, especially in terms of personal growth and future opportunities.
Reviewed on 2 Jul 2025Read more
A
Anonymous
Master of Business Information Systems - Batch of 2025
Offered by Monash University
3.1
Ambiguous, stressful, but worth it.
Tips: I recommend researching the course structure rather than focusing on university rankings. University rankings don't matter much for job prospects. Apply for international student grants when you apply. Try to stay in contact with professors. There's still a lot to learn online.
Likes (Safety): Highly secure, with numerous services available. There is 24/7 police patrolling, and a police station is located on campus. Emergency contacts are readily available, and cameras are installed throughout. A bus service is provided for students returning late at night, and security checks are conducted in all rooms and buildings.
Dislikes (Internships): For IT department masters, there is no internship support from the university. It's not part of our course requirement, no guidance is provided, and there is no preference for international students. Therefore, it is very difficult for people to secure one.
Reviewed on 27 Aug 2025Read more
View All 27 Reviews
Master of Actuarial Studies at Monash University Highlights
Master of Actuarial Studies
at Monash University
- Master of Actuarial Studies is offered by Faculty of Business and Economics under Monash University, Australia.
This a Masters level program of a course duration of 2 Years.
Download the brochure to read more details of this course.
Master of Actuarial Studies at Monash University Scholarships
Master of Actuarial Studies
at Monash University
Scholarship information is not available. You can apply to non-college specific scholarships available for
Australia.
View all 35 scholarships
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About the author
Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing articles for all-India and state levels, r...Read Full Bio
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Master of Actuarial Studies at Monash University Contact Information
Master of Actuarial Studies
at Monash University
Address
Scenic Blvd, Clayton, Victoria 3800, Australia
Melbourne ( Victoria)
Phone
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