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QS Rank #0 Spring 2027 Intake

Master in Actuarial Practice, Macquarie University

Macquire Park, Australia

Application Deadlines
  • Spring 202705 Feb '27
  • Summer 202808 Jul '27
Cost Breakdown

Return on Investment

77%
Median Package of University ₹53,95,082
Total Expenses ₹64,03,308

Program & University Overview

About the Program

Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise governments, financial institutions and other organisations about financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In the professionally accredited Master of Actuarial Practice, you’ll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.

18 Months Duration
STEM Program

Life at Campus

Admission requirements

Admission Criteria

Min english score required

  • TOEFL iBT 83
  • IELTS (Academic) 6.5
  • GPA 2.40

Min aptitude test required

  • GRE Optional
  • GMAT Optional

Application Process

  1. Prepare all your documents
  2. Write your Statement of Purpose
  3. Request Letters of Recommendation
  4. Update your resume/CV
  5. Connect with GradRight for free

Admission Guidance & Support

Get a Faster Admit

Don’t just apply; apply where you belong. Use GradRight’s AI platform to compare programs with other top-tier options based on real student outcomes, costs, and your unique profile.

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Get Affordable Funding

Access India’s first loan bidding marketplace to get competitive, low-interest education loan offers from 15+ top lenders, tailored to your aspirations.

Compare Loan Offers

Secure Your Health

Navigate international health insurance requirements with ease. Get comprehensive, uni-compliant coverage that protects your health and your budget.

Check Insurance Plans

Get a Faster Admit

Don’t just apply; apply where you belong. Use GradRight’s AI platform to compare programs with other top-tier options based on real student outcomes, costs, and your unique profile.

Compare Programs

Get Affordable Funding

Access India’s first loan bidding marketplace to get competitive, low-interest education loan offers from 15+ top lenders, tailored to your aspirations.

Compare Loan Offers

Secure Your Health

Navigate international health insurance requirements with ease. Get comprehensive, uni-compliant coverage that protects your health and your budget.

Check Insurance Plans

Campus Profile

53.05% Male
46.95% Female
51.70 Student-Teacher Ratio

Frequently Asked Questions

Is Actuarial Practice from Macquarie University worth it for Indian students?

Based on current data, Actuarial Practice at Macquarie University has a total cost of ₹64,03,308 and an estimated ROI (including loan interest) of 77% over a 18-months program. Macquarie University's median graduate package is ₹53,95,082.

What are the admission requirements for Actuarial Practice at Macquarie University?

Macquarie University requires a minimum TOEFL iBT score of 83 or an IELTS score of 6.5, along with a GPA of 2.40. GRE is not required and GMAT is not required for this program.

Total Expenses

₹64,03,308
Tuition Fees ₹36,56,537
Cost of Living ₹27,46,771

ROI (including loan interest)

77%
Median Package of University ₹53,95,082
Total Expenses ₹64,03,308
Tailored loan options at competitive rates
1:1 Guidance

Connect with a University Representative

How it works:

  • Session request is created for this program
  • University representative reviews your request
  • 1:1 eligibility review session scheduled
Get Personalized Guidance

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Application Deadlines
Cost Breakdown

Total Expenses

₹64,03,308
Tuition Fees ₹36,56,537
Cost of Living ₹27,46,771

Returns On Education

77%
Median Package of University ₹53,95,082
Total Expenses ₹64,03,308
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