Master of Actuarial Practice (CRICOS course code 079658E) is a Masters Degree (Coursework) delivered by Australian National University over 2 years 6 months (~130 weeks). This program is designed for students seeking advanced skills in actuarial science, risk management, and financial modeling. As Australia's national university, ANU is a government-funded institution (CRICOS 00120C) located in Canberra, the capital city. The course falls under the field of Insurance and Actuarial Studies (081103) within the Management and Commerce broad field. With no mandatory work component, it focuses on academic rigour and prepares graduates for professional actuarial roles. All providers on HeadStart Academy are CRICOS-registered, ensuring ESOS Act protections for international students. Data is sourced from the official CRICOS register as at April 2026, covering over 26,000 courses across Australia.
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Master of Actuarial Practice (CRICOS course code 079658E) is a Masters Degree (Coursework) delivered by Australian National University over 2 years 6 months (~130 weeks). This program is designed for students seeking advanced skills in actuarial science, risk management, and financial modeling. As Australia's national university, ANU is a government-funded institution (CRICOS 00120C) located in Canberra, the capital city. The course falls under the field of Insurance and Actuarial Studies (081103) within the Management and Commerce broad field. With no mandatory work component, it focuses on academic rigour and prepares graduates for professional actuarial roles. All providers on HeadStart Academy are CRICOS-registered, ensuring ESOS Act protections for international students. Data is sourced from the official CRICOS register as at April 2026, covering over 26,000 courses across Australia.
This course is classified under the field of Insurance and Actuarial Studies (081103), which falls within the Management and Commerce broad field (08). At the Masters Degree (Coursework) level (AQF Level 9), students typically engage in advanced theoretical and practical training in actuarial techniques, probability, statistics, financial mathematics, and risk analysis. The curriculum is designed to develop competencies required for professional actuarial practice, including the ability to model complex financial risks and communicate findings. While specific subjects are set by the institution, graduates of this field often pursue roles as actuaries, risk analysts, or investment consultants. ANU's location in Canberra also provides proximity to government and policy institutions, offering unique networking opportunities.
The Master of Actuarial Practice has a CRICOS-registered duration of 2 years 6 months (~130 weeks). It is delivered in English and is a single qualification (no dual award). The program is a coursework-based masters, meaning students attend lectures, tutorials, and assessments rather than research. Full-time study is typical for international students to meet visa requirements. ANU provides on-campus delivery at its Canberra City West campus. There is no distance or online option listed on CRICOS. The duration meets the requirements for a Subclass 500 student visa, which allows work rights of 48 hours per fortnight during study periods and unlimited during scheduled breaks.
Tuition fees for the Master of Actuarial Practice are indicative at A$143,445 for the full program. Non-tuition fees (such as materials or amenities) are approximately A$933, bringing the estimated total to A$144,378. These fees are sourced from the CRICOS register as at April 2026 and are set by Australian National University. Please note that Overseas Student Health Cover (OSHC), living costs, and the visa application charge are NOT included. For current fee information, always check the provider's website directly. Canberra's cost of living is higher than the national average, with indicative weekly rent for a single student around A$250–A$400, groceries A$80–A$150, and public transport about A$35 per week. Use these as a rough guide only.
Entry to the Master of Actuarial Practice typically requires a recognised bachelor's degree with a strong academic background in mathematics, statistics, or a related quantitative field. ANU generally expects an IELTS score of 6.5–7.0 overall, with no band less than 6.0. Other English tests like TOEFL or PTE may be accepted. Meeting the minimum entry requirements does not guarantee admission, as places are competitive. For students who do not meet the academic prerequisites, ANU may offer pathway or foundation options—refer to the provider's website for details. International students must also satisfy the Genuine Temporary Entrant (GTE) requirement and demonstrate financial capacity.
This course has no mandatory work component. The CRICOS register indicates 'No work component'. However, international students holding a Subclass 500 visa are permitted to work up to 48 hours per fortnight during term time and unlimited hours during scheduled breaks. This allows students to gain practical experience independently, but it is not integrated into the curriculum. Professional placements or internships are not included in this program.
The Master of Actuarial Practice is delivered at the Australian National University campus in Canberra City West, ACT. Canberra is Australia's capital, home to over 450,000 residents and a large student population, with approximately 12 CRICOS-registered providers offering courses. The city is known for its strong job market in government, research, and education. Public transport includes buses and light rail, making the ANU campus easily accessible. Living costs are higher than the national average; students should budget accordingly. The city offers a safe, multicultural environment with numerous cultural and recreational activities.
International students enrolling in this course typically need a Student visa (Subclass 500). Key requirements include: providing a Confirmation of Enrolment (CoE), meeting English proficiency (e.g., IELTS 6.5–7.0), demonstrating genuine temporary entrant (GTE) status, and showing sufficient funds for tuition, living costs (A$21,041 per year for a single student) and OSHC. On a student visa, holders can work up to 48 hours per fortnight during term and unlimited hours during scheduled study breaks. Australia's ESOS Act protects international students' rights, including access to refund policies and support services. For visa advice, consult a registered migration agent (MARA) or the Department of Home Affairs.
Canberra offers a unique study environment for actuarial students. As the national capital, it hosts key financial regulators like the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia, providing potential networking and internship opportunities. The city's student population is around 40,000, with a high proportion of international students. The cost of living is higher than many regional areas but lower than Sydney or Melbourne. Public transport is efficient, with free shuttle buses on campus. If you prefer a quieter, more focused study environment with excellent government connections, Canberra is an ideal choice. However, for those seeking a larger financial hub, cities like Sydney may offer more corporate opportunities.
Follow these three steps to apply for the Master of Actuarial Practice at Australian National University:
1. **Research CRICOS-registered providers:** Use HeadStart Academy to compare courses and providers. Filter by course level (Masters), field (Insurance and Actuarial Studies), and location (ACT). Ensure the institution is CRICOS-registered.
2. **Apply directly to Australian National University:** Check the entry requirements, prepare your academic transcripts, and take an English language test (e.g., IELTS). Submit your application through ANU's online portal before the deadline. Some programs may require a personal statement or references.
3. **Receive your CoE and apply for your student visa:** If accepted, ANU will issue a Confirmation of Enrolment (CoE). Use this to apply for a Student visa (Subclass 500) online through ImmiAccount. Pay the visa application fee, arrange OSHC, and demonstrate financial capacity. Remember, HeadStart Academy does not provide migration advice—consult a MARA agent if needed.
Ready to apply? Start your application for the Master of Actuarial Practice at Australian National University today. HeadStart Academy helps you find CRICOS-registered courses and understand the visa process. Explore more courses or contact the provider directly.
All Masters Degree (Coursework) courses in Australian Capital Territory →
Master of Actuarial Practice is a CRICOS-registered programme at Australian National University. Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.