Programme details

Postgraduate Diploma in Actuarial Science

Study Actuarial Sciences and refine your professional abilities and cultivate practical expertise in problem-solving, negotiation, and persuasion.

Course description

Launch your career as an actuary by obtaining a qualification in actuarial science. The demand for actuaries remains high as they play a crucial role in future planning. They forecast and assess financial risks while addressing business challenges across various sectors, and they can also engage in policy development related to climate change, future health care, retirement planning, and disaster management. Actuaries provide recommendations and make decisions that significantly affect individuals’ lives.

Students may find opportunities to work on investment initiatives in either the private or public sectors, create life insurance products, oversee pension plans, or offer guidance to the government on matters of retirement, education, and health strategy. Throughout your academic journey, you will refine your professional abilities and cultivate practical skills in problem-solving, negotiation, and influence.

Immigration benefits

This course may qualify for the following visa rights:
In-study work rights
Post-study work rights

This course qualifies for 4 points if applying for residency under the Skilled Migrant Category.

Career Prospects

Graduates are equipped for several high-demand positions, including:

Actuarial Analyst
Risk Manager
Financial Consultant / Advisor
Investment Analyst
Actuarial Consultant

Entry requirements

Academic requirement:

An appropriate Bachelor’s degree in Actuarial Science, Finance, Statistics, or a related field, with the equivalent of at least a B+ average standard in the relevant subject.

Students may also be required to demonstrate your proficiency in English:

IELTS (Academic): minimum overall score of 6.5 with no sub-score below 6.0
TOEFL: minimum overall score of 90 with a minimum of 20 in Writing (internet-based test)
PTE: minimum overall score of 58 with no communicative skills score below 50
Victoria University of Wellington English for Academic Purposes (EAP) programme: minimum final scores of 4,4,5,5
Cambridge English Qualifications: C1 Advanced or C2 Proficiency with a score of 176 or higher, with each skill score no less than 169
Duolingo (DET): minimum overall score of 120 with no band less than 105

Credits
120

Duration
8 months -2 trimesters

Intakes

Feb

International fees
About $41,300

Location

Qualification Type

Study level