About Master Of Actuarial Science (specialisation) in Bond University
The Master of Actuarial Science (Specialisation) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. The Master of Actuarial Science (Specialisation) will be taught via smaller classes for personalised attention and unparalleled access to Bond University's Bond Fin Tech Hub and Bloomberg data-sourcing terminals. The program will develop skills in the challenge of handling 'big data’ to create practical solutions for real-world problems. Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high level manager. The successful completion of the program at an appropriate level of performance will lead to Part I qualification with the Actuaries Institute.
Academic qualification equivalents
- Successful graduation from an academic secondary school program or equivalent (For most countries, the same academic preparation as is required for university entrance in that country is required for consideration.
- Program-Specific Prerequisite courses completed at the senior level (e.g. Grade 12);
English language requirements (one of the below):
- IELTS: score 7.0 (No sub score less than 6.5)
- TOEFL: iBT 79
- PTE: 65
Bond University Highlights
| Type |
Private, not-for-profit |
| Campus Setting |
Sub-Urban |
| Establishment year |
1989 |
| Courses offered |
150+ (Bachelor, Master, Diploma, English Language) |
| Total students |
4,000 |
| Male to female ratio |
47:53 |
| Tuition fee |
20,000 – 23,000 AUD |
| International student population |
46% |
| Academic calendar |
Semester Based |
Bond University Average Tuition Fees And Other Expenses
The tuition fee per semester (In AUD) for international students is tabulated below:
| Undergraduate Programs |
20,000 – 22,000 |
| B. Architecture |
20,040 |
| B. Arts |
20,040 |
| Bachelors of Business |
21,040 |
| Bachelor of Commerce |
21,040 |
| Graduate Programs |
21,000 – 23,000 |
| Master of Architecture |
22,629 |
| MBA |
22, 793 |
| Masters of Art |
10,750 |
| Master of Communication |
17,453 |
| Law Programs |
22,840 |
On-campus accommodation cost PER SEMESTER (In AUD) is given below:
| Single rooms – shared washroom |
3,075 |
| Single room – ensuite |
3,900 |
| Single room – premium ensuite |
4,050 |
| Shared twin rooms |
2,475 |
| Premium shared with common room |
3,300 |
| Flats |
3,450 |
| Dining plan cost: 2,000 – 2,500. Parking and internet are free on campus. |
Off-Campus Costs (In AUD) for a student on a weekly basis are -
| Rent and utilities (Shared) |
170-270 |
| Rent (Individual) |
320+ |
| Electricity, Gas and Water |
20 |
| Groceries |
75 |
| Phone and Internet |
10-20 |
| Parking and transport |
10-20 |
| Stationary |
25-50 |
| Total weekly cost |
350-515 |
| Total Annual cost |
18,200 – 26,780 |
Bond University Application Process
Applicants can apply for the Bond University admissions by January 8, May 21 and September 10 for different enrollment sessions. The admission decision is relayed within 2 weeks after the deadlines.
- Application Portal: Apply to Bond; for Medical programs apply through QTAC in January.
- Application fee: NO FEE
- Supporting Documents and Eligibility:
- Application form
- Certified copy of certificates from high school/college/university
- CV/Resume
- Official translation of transcripts if not in English
- Employment experience statement (if applicable)
- Copy of passport
- Additional course-specific requirements
- Letter from principal certifying medium of instruction was English OR
- English language proficiency scores:
| Test type |
Minimum score |
| CBSE English subject (for undergraduate applicants only) |
B2 or 60% |
| IELTS overall |
6.5-7.0 |
| TOEFL iBT |
79 - 98 |
| C1 Advanced |
176-185 |
| PTE Academic |
58-65 |
