Overview
The program is focused on developing candidates for careers in academia, government or industry. Positions in government or industry may include researcher or analyst in the banking, insurance, data analytics, actuarial and management consulting or financial sectors; and researcher or policy adviser at institutions, including central banks, bank regulators, international organisations such as the World Bank, IMF, OECD and ADB, and government departments such as Treasury, Finance, Health and Education.
Features
- The PhD program in Actuarial Studies at Australian National University consists of two components – coursework and research.
- Candidates undertake the research component after successfully completing the required coursework.
Programme Structure
Curriculum:
- PhD candidates may be required to complete up to six semester-length courses during the first year of the program.
- Required coursework must be completed to a satisfactory level for candidates to progress to the research component.
- Courses may be chosen from a wide range of graduate-level courses in actuarial studies, statistics, finance, or suitable advanced courses from other disciplines.
- The specific coursework requirements will depend on each candidate's background, and the courses will be chosen in consultation with the HDR convenor and the chair of the candidate's supervisory panel.
- Following the successful completion of coursework, PhD candidates undertake specialised research training and independent research.
Admission requirements
Academic requirements
- GPA: Required. Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
English requirements
- TOEFL iBT: 80
- PTE Academic: 64
- IELTS: 6.5
Other requirements
General requirements
- an Australian Bachelor degree (or equivalent) with First Class Honours or Second Class Honours Division A in actuarial studies (or a related discipline),
- another qualification (e.g. a Master degree) with a substantial research thesis component that the RSFAS HDR (higher degree by research) committee is satisfied is equivalent or superior to a degree mentioned in (a),
- a combination of qualifications and professional experience that the RSFAS HDR committee is satisfied is equivalent or superior to a degree mentioned in (a).
- CRICOS: 048345A
Fees and funding
Tuition Fees
Tuition fees are shown in AUD and the most likely applicable fee is shown based on your nationality.
- International (International tuition fees apply to students who are not citizens or permanent residents of the study country. In some regions, like the EU/EEA, or under certain agreements, students from partner countries may also pay domestic fees.) Non-residents: 44,670 AUD / year
Living costs
Canberra, Australia: 1,425-2,504 AUD / month. The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

