Graduate Diploma in Actuarial Science
4.1 /5
- Public University
Faculty of Business and Economics
Talk to ExpertGraduate Diploma in Actuarial Science at University of Melbourne Overview
Graduate Diploma in Actuarial Science
at University of Melbourne
One of the most famous programs at The University of Melbourne is Graduate Diploma in Actuarial Science at PG course with the duration of 1 year. Indian students applying for Graduate Diploma in Actuarial Science program must submit all the required documents as per university guidelines. Indian students must submit proof of English proficiency exams such as IELTS. Indian students must apply as soon as possible, as the seats are limited. The University of Melbourne tuition fee for first-year is AUD 45,824.
Duration | 1 year |
Tuition & Fees | ₹32.61 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Course Level | PG Diploma |
Mode of Course | Full Time |
Graduate Diploma in Actuarial Science
Table of contents
Graduate Diploma in Actuarial Science at University of Melbourne Fees
Graduate Diploma in Actuarial Science
at University of Melbourne
The fee structure for the Graduate Diploma in Actuarial Science at The University of Melbourne covers the first-year tuition fees along with other additional charges, including the Books and supplies charges; facilities cost and many more offered by The University of Melbourne. Other than tuition costs, students need to pay living expenses that cover various factors like rent, food, transportation, utility, and other personal expenses. The total tuition fees for the first year of Graduate Diploma in Actuarial Science is AUD 45,824.
Find more details about The University of Melbourne Graduate Diploma in Actuarial Science on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 32,61,082 |
Calculated at the exchange rate of 1 AUD = INR 57.22 | Tuition & expenses were last updated on 31ˢᵗ October 2025Download exam sample paper
IELTS
IELTS
PTE
Graduate Diploma in Actuarial Science at University of Melbourne Entry Requirements
Graduate Diploma in Actuarial Science
at University of Melbourne
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- An undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects equivalent of a major in mathematically based subjects, for example, studies in mathematics, statistics, physics, engineering
- Probability and Statistics or subjects in probability and statistics at an equivalent level and a personal statement outlining why they wish to be considered for the course
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GPA
Percentage
CGPA
Out of 10
PTE
- No specific cutoff mentioned
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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
IELTS
- Marks - 6.5/9
- Read less
- IELTS: 6.5 (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
Conditional Offer
- Yes
- If the offer is conditional, then the applicant needs to meet the conditions of the offer before accepting it
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Graduate Diploma in Actuarial Science at University of Melbourne Rankings
Graduate Diploma in Actuarial Science
at University of Melbourne
University Ranking
| Rank | Rank Publisher |
|---|---|
| #19 | |
| #37 | |
| #30 |
Graduate Diploma in Actuarial Science at University of Melbourne Placements
Graduate Diploma in Actuarial Science
at University of Melbourne
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
The University of MelbourneStudents Ratings & Reviews
4.1/5
19 Verified ReviewsStudent Views (Based on Reviews)
- 32% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Stressful
Fun loving
Internships3.8
Part time work3.8
Post study jobs3.7
Quality of faculty4.4
Student Life4.4
Value for money3.5
Public transportation4.5
Safety4.5
Indian Food4.7
Permanent Immigration3.8
V
Vinayak Kapoor
Master of Management (Accounting and Finance) - Batch of 2026
Offered by The University of Melbourne
4.3
A challenging but transformative experience.
Tips: Before joining students should know that the academic environment is a bit challenging but rewarding as well. The university offers so many opportunities beyond academics like clubs, committees, leadership roles, industry networking and getting involved really helps you settled in and grow. I got an internship after landing a business and economics scholarship which recognised my academic background and leadership background as well. I'm satisfied with my course and I love Melbourne. The city is really beautiful and you get so many volunteering opportunities every single day.
Total Monthly ExpenseAUD 2500
Prepping time for classes22 hours/Week
Expected Annual SalaryAUD
A
Anonymous
Bachelor of Science in Data Science - Batch of 2025
Offered by The University of Melbourne
3.8
Academically challenging but good.
Tips: There is a bit of a cultural shift when you come from India but you will adjust within a few weeks/ months. Getting a scholarship as an international Bachelor student is quite tough and I wasn't able to get any. I am satisfied with my university but I do feel like it is quite expensive for what it offers and I am not sure how much return I am going to get out of it.
Likes (Public transportation): Public transport is quite accessible and is very well connected. It is however not very affordable as you have to pay 10 dollars (600 INR) even if you have to travel two stops ahead. But it is very well connected to the city and suburbs and you don't really need a car if living in the city.
Dislikes (Value for money): It is quite a lot and I believe the ROI is not much. The salaries you get compared to what an international student pays don't justify it. But again, it is one of the best universities in the world so you pay for the quality and the experience it offers.
Total Monthly ExpenseAUD 3025
Prepping time for classes40 hours/Week
Expected Annual SalaryAUD 65150
K
Kasturi Morade
Master of Management (Marketing) - Batch of 2026
Offered by The University of Melbourne
4.4
My university is academically oriented and has amazing faculty.
Tips: Coming to University of Melbourne has brought a lot of changes in my personality and the way I perceive things. I have become so much compassionate, humble, kind and friendly. The university gives you an opportunity to meet people from all around the world who have different faith systems and that teaches you to become respectful and patient. Being here has also made me realise the importance of teamwork and professionalism. I have learned how to express myself more confidently and speak up to address any issues in a way that is mature and polite. This cultural transition has made me independent and self-aware.
I received the Business and Economics Scholarship from my university. This was an auto-granted scholarship that was based on my academic performance. The scholarship covers 50% of my tuition fees.
I am highly satisfied with my university, course and Australia. I wouldn't want it any other way. My university is academically oriented and has amazing faculty. They are some of the best people in their field.
Australia is a beautiful country. The people are kind, non racists, warm and welcoming. I found it very easy to adapt to the culture here because it is so open, relaxed and diverse.
For my course, it is slightly a little theoretical, but it provides valuable insights. I like most of my subjects that genuinely interest me. Subjects like consumer and consumption, branding, project management, managerial decision analytics and branding really fascinate me. I also love how the assignments allow you to apply concepts in real case studies.
Total Monthly ExpenseAUD 1850
Prepping time for classes25 hours/Week
Expected Annual SalaryAUD
S
Sparsh Sethi
Master of Social Policy - Batch of 2026
Offered by The University of Melbourne
5
Supportive college environment.
Tips: Do not come here expecting to land a part-time working gig as soon as you arrive. Things like that don't happen easily and take a lot of time. You eventually handle yourself after finding some initial difficulty adjusting to the cultural and ethnic changes in the city. Overall, Melbourne is one of the most accommodating places I've ever been to.
Likes (Quality of faculty): Students can have the time of their lives here. There's literally everything here that a student can ask for. With over two hundred clubs and societies, UniMelb forms one of the biggest student communities in the country, students are given the freedom to explore themselves.
Dislikes (Student Life): The faculty has complete knowledge about their subject, and even beyond that, they're the perfect mix of teacher and mentor. They also know how to maintain their boundaries from students and aren't very over-friendly or in your face with regards to your personal life.
Total Monthly ExpenseAUD 2300
Prepping time for classes10 hours/Week
Expected Annual SalaryAUD 85000
S
Sparsh Sethi
Master of Social Policy - Batch of 2026
Offered by The University of Melbourne
4.7
The university is quite expensive.
Tips: Do not expect to land a part-time role as soon as you arrive. It can take a lot of time. The education culture of Australia is experience-based, so it'll involve a lot of group discussions and class participation. Hence, it is essential to do the required readings before class in order to make the most of your learning experience.
Likes (Indian Food): There is a variety of options for Indian as well as any other country's food, so you won't get that feeling of homesickness. Since I've come here, I've had the best of experiences trying out different cuisines like Chinese, Japanese, Italian, Argentinean, and whatnot.
Dislikes (Value for money): I feel like the course is expensively priced, and it costs more than double what it does to a domestic student. Although I'm sure the courses provide value for money, I still feel they're at a price that might not be comfortable for everyone to bear.
Total Monthly ExpenseAUD 2300
Prepping time for classes10 hours/Week
Expected Annual SalaryAUD 85000
View All 25 Reviews
Graduate Diploma in Actuarial Science at University of Melbourne Highlights
Graduate Diploma in Actuarial Science
at University of Melbourne
- Graduate Diploma in Actuarial Science is offered by Faculty of Business and Economics under The University of Melbourne, Australia.
This a Masters Diploma level program of a course duration of 1 Years.
Download the brochure to read more details of this course.
Graduate Diploma in Actuarial Science at University of Melbourne Scholarships
Graduate Diploma in Actuarial Science
at University of Melbourne
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About the author
A tech enthusiast, Kartik has graduated with a Bachelor of Computer Application from the IMS Ghaziabad 2023 batch. Kartik loves to learn about Cybersecurity and Cybercrime. Also, his hobbies are such as traveling, trekking, cooking, and more. Moreove...Read Full Bio
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Graduate Diploma in Actuarial Science at University of Melbourne Contact Information
Graduate Diploma in Actuarial Science
at University of Melbourne
Address
The University of Melbourne
Grattan Street, Parkville
Victoria 3010
Australia
Melbourne ( Victoria)
Phone
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