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Risk and Actuarial Studies, Ph.D.

  • Application Deadline
  • 48 months
    Duration
University rank #43 (QS) ,
The aim of the Risk and Actuarial Studies at the University of New South Wales is to train you with the skills to identify, analyse and solve problems using original academic research in this field.

About

Rigorous coursework will be undertaken dealing with topics such as risk theory; multivariate models for risks, longevity risk management, economic and regulatory capital, and investment and asset liability modelling. This is followed by full-time research culminating in a doctoral thesis.

With the Risk and Actuarial Studies at the University of New South Wales you will be involved in research projects from an early stage and enjoy the interdisciplinary engagement with a high-quality cohort of research students across the whole Business School. There will also be exciting opportunities to develop your teaching portfolio.

Ultimately, your PhD thesis will showcase your research skills and contributions your research makes to knowledge by offering original insights into the field.

Detailed Programme Facts

  • Programme intensity

    You can choose to do this programme part-time or full-time.

    Full-time
    • Full-time duration 48 months
    Part-time
    • Average part-time duration 60 months
  • Credits
    144 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Actuarial Theory and Practice 
  • Actuarial Data and Analysis
  • Models for Risk Management
  • Risk and Capital Management
  • Asset-Liability Management
  • Research Topics in Actuarial Studies 
  • Stochastic Processes 
  • Computational Maths
  • Survival Analysis
  • Special Topics (Applied Finite Element Methods)
  • Discrete Time Financial Modelling
  • Computational Methods for Finance
  • Continuous Time Financial Modelling
  • Data Mining and its Business Applications
  • Bayesian Inference and Computation

English Language Requirements

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    577

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:

    58

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

General Requirements

  • CRICOS code: 041942C
  • Video clip:  Applicants need to prepare a short video (max 5 minutes) introducing themselves and why they want to be a part of the program.
  • Statement of research interests
  • Electronic transcripts
  • Grading systems
  • Curriculum Vitae (CV)
  • GTE/Financial Declaration Form

Tuition Fee

Living costs for Canberra

  • 1425 - 2510 AUD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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