Located within the Department of Economics, the world-renowned Centre for Actuarial Studies is one of the seven teaching units that are fully accredited by the Actuaries Institute with leading researchers in actuarial studies and financial mathematics. It has been designated a Centre of Actuarial Excellence (CAE) by the US Society of Actuaries (SOA).

Generous scholarships (full fee waivers and a stipend of AUD$30,000 per year) are available for high-performing applicants through the University of Melbourne.

Top-up funding of AUD $10,000 available for research, experiments and conferences during the research phase of the program.

The Centre for Actuarial Studies holds a Joint Seminar Series on Stochastic Processes and Financial Mathematics, in collaboration with the University of Melbourne's School of Mathematics and Statistics.

Graduate Research candidates form an integral part of the Centre and are strongly encouraged to participate in its research and teaching activities. The working environment for graduate research students is first class, with excellent library and computing facilities.

Research students are usually allocated office space close to their supervisor. View our PhD graduates placements.

In order to be considered for entry, you must have completed:

• a four-year bachelor degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and have achieved a minimum weighted average of 75% in the final year subjects or (University of Melbourne) equivalent, or
• a masters degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and achieved a minimum weighted average of 75% or (University of Melbourne) equivalent, or
• a qualification and professional experience considered to be equivalent.

and

• A research proposal of 1000 words

• A personal statement a personal statement outlining why they wish to be considered for the course;
• Referee reports outlining suitability to undertake research studies (except for applicants who have graduated from the University of Melbourne within the last 5 years); and
• The endorsement of a prospective supervisor