The MCom in Actuarial Studies requires completion of eight units. Each unit is a full-semester unit (160 hour workload) carrying four postgraduate credit points. The MCom degree is earned when 32 credit points have been completed. The program can be completed in 12 months of full-time study or longer by part-time study.

MCom units available include (select at least six):

• ACST801 Actuarial Research Project
• ACST815 Superannuation
• ACST827 Corporate and Structured Finance
• ACST828 Options, Futures and Derivatives
• ACST829 Capital Budgeting and Financial Modelling
• ACST831 Actuarial Control Cycle 1
• ACST832 Actuarial Control Cycle 2
• ACST833 Insurance
• ACST834 Financial Institutions Management and Regulation
• ACST863 Actuarial Research Project A
• ACST864 Actuarial Research Project B
  
• ACST865 Quantitative Methods in Financial Risk Management
• ACST871 Investment Management
• ACST872 Quantitative Techniques in Debt and Equity Investment Management
• ACST873 Financial Derivatives Management
  
• BUS840 Project Management

Optional Units (may select up to two units)

There is a range of optional units from the Master of Actuarial Practice that is available. Students can take up to two options from the list below as part of the eight units required for the degree of MCom in Actuarial Studies.

• ACST852 Finance and Financial Reporting
• ACST854 Survival Models
  
• ACST859 Contingent Payment 1
• ACST 860 Contingent Payment 2
• ACST861 Mathematical Theory of Risk
• ACST862 General Insurance Pricing and Reserving
• ACST858 Financial Economics and Valuation
• STAT810 Statistical Theory
• ECON822 Microeconomics
• ECON823 Macroeconomics

In addition, units from the following programs can also be selected as optional units:

• MCom in Accounting and Finance
• Master of Applied Statistics
• Master of Biostatistics

Note: not all units from the above programs are available as options- contact GSO for details.