Graduate Diploma in Actuarial Science
4.0 /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
The The University of Melbourne is a popular destination among international PG students interested in starting Graduate Diploma in Actuarial Science from abroad. The program lasts for a duration of 1 year. The Graduate Diploma in Actuarial Science program is considered part of the top ranked courses in Australia. Candidates interested in pursuing the course must meet the eligibility criteria & secure valid scores in exams such as IELTS, TOEFL and PTE. The interested students should fill the form as soon as possible because the application window opens for a short time only. The first year tuition fee for Graduate Diploma in Actuarial Science at The University of Melbourne is around AUD 56,992 (INR 3,899,393). Students must also plan for some other additional costs over the duration of studies such as rent, groceries, books, health insurance, etc.
Duration | 1 year |
Tuition & Fees | ₹37.66 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 The University of Melbourne Graduate Diploma in Actuarial Science fees includes first year tuition fee and cost of living for international students. The first-year tuition fee is around AUD 56,992 (INR 3,899,393). The The University of Melbourne cost varies depending on the additional cost.
Refer to the table below for a detailed fee breakup of the The University of Melbourne Graduate Diploma in Actuarial Science.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 37,66,024 |
Calculated at the exchange rate of 1 AUD = INR 66.07987 | Tuition & expenses were last updated on 31ˢᵗ October 2025Download exam sample paper
IELTS
IELTS
TOEFL
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
TOEFL
- 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
PTE
- No specific cutoff mentioned
IELTS
- Marks - 6.5/9
- Read less
- IELTS: 6.5 (with no band less than 6.0)
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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 |
|---|---|
| #34 | |
| #1 | |
| #28 |
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
4/5
32 Verified ReviewsStudent Views (Based on Reviews)
- 29% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Stressful
Friendly
Internships3.7
Part time work3.8
Post study jobs3.6
Quality of faculty4.3
Student Life4.2
Value for money3.4
Public transportation4.3
Safety4.3
Indian Food4.4
Permanent Immigration3.5
A
Anonymous
Master of Data Science - Batch of 2024
4.9
University of Melbourne Review
Tips: Be prepared for cultural shock. Making friends can be hard sometimes. Once you have a circle and good classmates, it gets easy with time. Make the most of your student life, apart from studies lot of opportunities to participate in student unions and events.
Likes (Indian Food): A lot of food options in the city, from India and vegetarian options. The city is filled with cuisines to try and explore. I prefer cooking most so I can spend less and save more. But depends on how good you are at cooking. Also, even if you don’t cook, you can always find spots that are cheap to eat out.
Dislikes (Internships): There are plenty of internships on the university’s career website, and easy to find unpaid opportunities in the city as well via LinkedIn. Sometimes networking helps a lot in getting internships. Connect with your seniors and professors to check in if they have any leads.
Total Monthly ExpenseAUD 2975
Prepping time for classes26 hours/Week
Expected Annual SalaryAUD 73650
A
Anonymous
Graduate Diploma in Built Environments (Advanced) - Batch of 2026
4.2
Research oriented university with vibrant campus life
Tips: The education system is very different from our country's. Everything is on the computer. My course only had one exam, and the rest were assignments. Yes, I availed myself of a scholarship. I didn't avail myself of it separately. It was automatically provided with my application. There are other scholarships that had to be availed related to the course and electives we are taking.
Likes (Permanent Immigration): One of the biggest draws of studying at the University of Melbourne is how well-structured the post-study pathways are out here. Australia uses a straightforward, points-based immigration system which makes the transition from a UniMelb degree to a post-study work visa feel incredibly clear-cut. The government actively hunts for skilled professionals to fill gaps in major industries, so graduation from a top institution right in the heart of Victoria gives you a massive competitive edge in the local job market. Honesty, the main reason I'd consider making the permanent move is the sheer quality of life and the work-life balance they have out here. Securing permanent residence doesn't just mean a stable career—it unlocks full access to their healthcare system and social services and sets up a direct path to citizenship. Living in a city like Melbourne while building a career under PR is a huge step up.
Dislikes (Internships): In my course, we have one unit dedicated to internships, but it is optional, and we only have to find it. There are industry nights that are conducted by student societies (Urban Collective in my case), but they happen once a year only. There are internships available, but they are very hard to get.
0Reviewed on 12 Jun 2026Read more
A
Anonymous
Master of Social Work - Batch of 2025
3.5
A breakthrough institution.
Tips: Definitely a lot of cultural change. I do feel there is an underlying racism in Australia although I didn't quite see that commonly translated in my University thankfully. I applied for several scholarships, which covered a significant portion of my tuition fees. Some scholarships are also available once students start the course as they are determined by academic merit.
Likes (Post study jobs): For social work, there are several companies willing to offer jobs that enable students to comfortably apply for a temporary graduate visa which can also be applied for without having a job.
In social work, jobs are clinical and non-clinical in nature. Salary packaging starts from 70000.
Dislikes (Value for money): I thought the tuition fees were a bit exorbitant compared to the QS/World ranking of my department/University. I do feel the academic rigour could also be slightly more, as the subjects were more descriptive than practical. There was a lot of spoonfeeding in terms of how to do assignments which followed rigid criteria instead of allowing some room for creativity.
Total Monthly ExpenseAUD 3500
Prepping time for classes30 hours/Week
Expected Annual SalaryAUD 72325
A
Anonymous
Master of Data Science - Batch of 2025
3.9
The university doesn't offer dedicated placement offers.
Tips: I personally haven't received any scholarship throughout my degree. People who are planning to join the university, especially for the Data Science course should make sure their math and statistics foundation is pretty good because students have to take at least 2 statistics subjects each semester.
Likes (Safety): Me and my friends haven't come across any trouble during our time at the university. The university has well-equipped facilities to ensure the students are safe in and out of the campus, they have dedicated lines for harassment, racism, and other safety issues. I personally haven't experienced any bad situations during my time in Melbourne for about 2 years.
Dislikes (Post study jobs): The university doesn't offer dedicated placement offers, it is best recommended for students to start looking out for jobs at the start of their final year. There are quite a few companies that offer a sponsor visa and it is hard for international students. People can get into roles like Data & AI consultant, Data Scientist, ML engineer, GenAI engineer, and Data analyst. Freshers can expect 70,000-80,000 as a starting salary.
Total Monthly ExpenseAUD 1700
Prepping time for classes20 hours/Week
Expected Annual SalaryAUD 74425
A
Anonymous
Master of Environmental Science - Batch of 2025
4.6
Multicultural and respectful community.
Tips: I think all the classes happen in a more practical way than theory and that's the most amazing part about it! There is not much exam pressure! There are easy subjects and sometimes putting in the best effort helps and it's very multicultural. Too good.
Likes (Post study jobs): I think all the universities here have a good amount of career fairs that help students get jobs. They have good connections and world class facilities that help in overall development. I think it also means you have to put in your effort in searching for opportunities by doing volunteering or unpaid internships as they count as very important experience.
Dislikes (Student Life): The socialising is amazing, but sometimes after the class there are not many class events. If they could have more involved sessions, it would be great! I think finding your community could take time but it gets easier when you join clubs and chapters and part time jobs.
Total Monthly ExpenseAUD 900
Prepping time for classes27 hours/Week
Expected Annual SalaryAUD 68250
View All 42 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
Scholarship information is not available. You can apply to non-college specific scholarships available for
Australia.
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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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