Master of Actuarial Science (Specialisation) (CRICOS course code 108629K) is a Masters Degree (Coursework) delivered by Bond University over 2 years 1 month (~108 weeks). Bond University, a private CRICOS-registered provider (00017B) based on the Gold Coast, offers this specialised program designed to equip students with advanced skills in actuarial modelling, risk assessment, and financial mathematics. As part of the field of Insurance and Actuarial Studies, this degree prepares graduates for careers in insurance, superannuation, investment, and banking. The course is delivered entirely in English at Bond’s Robina campus, within a vibrant study destination known for its beaches, student-friendly atmosphere, and growing professional opportunities. With Australia hosting over 1,500 CRICOS-registered providers and more than 26,000 courses, this program stands out for its focus on actuarial science within a supportive private university environment.
Master of Actuarial Science (Specialisation) is a CRICOS-registered course (code 108629K) at Bond University, an independent private university located in Robina, Queensland. This Masters Degree (Coursework) (AQF Level 9) spans approximately 108 weeks (2 years and 1 month) and falls under the field of Insurance and Actuarial Studies (081103). Bond University, established in 1987, is one of Australia’s leading private universities, known for small class sizes, accelerated degrees, and strong industry connections. As a CRICOS-registered provider (00017B), Bond meets all requirements under the ESOS Act to enrol international students. The program does not include a mandatory work component, but students may seek part-time work under their student visa conditions – up to 48 hours per fortnight during term and unlimited during scheduled breaks. Bond University’s campus is situated in the Gold Coast’s technology and health precinct, providing access to a network of businesses and professionals in finance and insurance.
This Master's degree in Actuarial Science (Specialisation) focuses on the application of mathematical and statistical methods to assess risk in insurance, finance, and other industries. At AQF Level 9, students develop advanced analytical and problem-solving skills, mastering techniques in probability theory, stochastic modelling, financial mathematics, and data analysis. The curriculum typically covers topics such as actuarial models, loss reserving, pricing, capital management, and regulatory frameworks. Graduates are prepared for professional accreditation pathways with actuarial bodies such as the Actuaries Institute Australia. While specific subject offerings are determined by Bond University, the broader field of Banking, Finance and Related Fields (0811) ensures that students gain a comprehensive understanding of financial systems and quantitative decision-making. This program is ideal for those seeking to become qualified actuaries or to pursue senior roles in risk management, investment analysis, or financial consulting.
The Master of Actuarial Science (Specialisation) is a full-time course with a CRICOS-registered duration of 108 weeks, equating to approximately 2 years and 1 month. Instruction is delivered in English, and the program is a single qualification – no dual awards or foundation studies are included. Bond University’s trimester system allows for accelerated completion, but the official CRICOS duration ensures sufficient time for international students to meet student visa requirements. Students should plan for 40 weeks of study per year, with scheduled breaks aligning with the university’s academic calendar. As all classes are held on the Gold Coast campus, students benefit from face-to-face learning in a modern, purpose-built environment. No online or distance learning options are indicated for this course; attendance on campus is expected.
The indicative tuition fee for the entire course is A$120,870, with additional non-tuition fees of A$746, bringing the estimated total to A$121,616. These figures are sourced from the CRICOS register as at April 2026 and are set by Bond University. Please note that tuition fees do not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. International students should budget for OSHC (around A$600–A$800 per year for single cover), living costs (estimated at A$24,000 per year for the Gold Coast), and the current Subclass 500 visa application fee (A$1,600 as of 2026). For the most current fee information, always confirm directly with Bond University at bond.edu.au. Fees are subject to change, and HeadStart Academy recommends verifying details before applying.
Applicants for a Master's degree at Bond University typically need to hold a recognised bachelor's degree in a relevant discipline (e.g., mathematics, statistics, finance, or economics). An English language proficiency of IELTS 6.5–7.0 overall (or equivalent) is expected, with no band below 6.0. Some programs may require a minimum grade point average or prerequisite knowledge in actuarial studies. Bond University offers a range of pathway programs, including the Graduate Certificate in Actuarial Science, which may serve as an entry point for students who do not meet direct entry requirements. However, this specific course does not have a foundation studies component listed. International students should check Bond’s website for specific academic and English requirements, as well as application deadlines. Always consult the provider for the most accurate and up-to-date entry criteria.
This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) may undertake casual, part-time, or full-time work during scheduled study breaks, subject to visa conditions. During term time, students can work up to 48 hours per fortnight. This provides an opportunity to gain Australian work experience and supplement living costs. While the course itself does not arrange internships or placements, Bond University’s Career Development Centre offers support for job applications, resume writing, and networking. Students interested in actuarial roles should consider seeking internships or vacation programs with insurance and financial firms, which are common in the Gold Coast’s growing economy.
This course is delivered at Bond University’s Gold Coast campus, located in Robina, Queensland (postcode 4226). The Gold Coast is a major city with over 600,000 residents and a large international student population. It hosts over 20 CRICOS-registered providers, including universities and colleges. The campus is accessible via public transport, with Robina train station and bus services connecting to Surfers Paradise, Broadbeach, and Brisbane. Typical living costs for a single international student on the Gold Coast are around A$1,200–A$1,500 per month for rent (shared accommodation), A$400–A$600 for groceries, and A$100–A$150 for public transport. The area boasts a subtropical climate, beaches, and a vibrant social scene, making it a popular choice for study.
To study this course, international students need a Student visa (Subclass 500). The visa allows full-time study, work rights of 48 hours per fortnight during term and unlimited during breaks, and the ability to include family members. Key requirements include: (1) Genuine Temporary Entrant (GTE) criterion – demonstrating a genuine intention to stay in Australia temporarily for study; (2) Overseas Student Health Cover (OSHC) – mandatory health insurance for the duration of the visa; (3) Financial capacity – evidence of sufficient funds to cover tuition, living expenses, and travel; and (4) English proficiency – meeting the provider’s requirements. Visa processing times vary, so apply early. ESOS Act protections ensure quality education and consumer rights. For detailed visa advice, consult a registered migration agent (MARA) or the Department of Home Affairs.
Follow these three steps to apply for the Master of Actuarial Science (Specialisation) at Bond University:
1. Research CRICOS-registered providers: Use HeadStart Academy’s free directory to filter by course level, field, and city. Confirm that Bond University (CRICOS 00017B) and this specific course (108629K) meet your goals. All data comes from the official CRICOS register (April 2026). 2. Apply directly to Bond University: Check entry requirements, including academic qualifications and English test scores (IELTS 6.5–7.0). Submit your application online via Bond’s admissions portal, including transcripts, personal statement, and supporting documents. Note application deadlines and any prerequisite courses. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, Bond will issue a CoE for this course. Use the CoE to apply for a visa via ImmiAccount. Provide evidence of OSHC, finances, and GTE. Wait for visa approval, then plan your travel to the Gold Coast.
The Gold Coast is Australia’s sixth-largest city, known for its world-class beaches, theme parks, and a thriving economy in tourism, health, and education. It has over 20 CRICOS-registered providers, including Bond University and Griffith University. The city has a large international student community, with affordable living costs compared to Sydney or Melbourne. Public transport includes buses, light rail (G:link), and trains connecting to Brisbane in under an hour. For actuarial students, the Gold Coast offers growing opportunities in finance and insurance sectors, though many graduates also seek roles in Brisbane or Sydney. Consider your lifestyle preferences – if you enjoy a sunny, active outdoor lifestyle with a relaxed vibe, the Gold Coast could be ideal. However, if you prefer a larger city with more corporate headquarters, you might also explore courses in Sydney or Melbourne.
Start your journey to studying actuarial science at Bond University – explore entry requirements and apply today.
Master of Actuarial Science (Specialisation) is a CRICOS-registered programme at Bond 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.