Sustainable societies need actuaries

Actuaries will always be in high demand to plan for the future. They predict and analyse financial risks and solve business problems in many industries. They also contribute to policy work on climate change, future health and retirement needs, and natural disaster planning.

In this field, you’ll make decisions that directly affect people’s lives. You could work on investment programmes, design insurance products, manage pension schemes, or advise governments on long-term planning. Along the way, you’ll build strong professional skills, including problem-solving, negotiation, and influencing.

Actuarial Science is well suited to graduates in mathematics, statistics, or finance. You’ll strengthen your ability to analyse uncertain financial data, tackle complex risk problems, make sound decisions under uncertainty, and clearly communicate technical ideas to a range of stakeholders.

Associate Professor Eric Ulm

Actuaries are among the most sought-after professionals in the business world. Our programme provides a pathway to actuarial accreditation, as well as giving you the financial and analytical skills that you'll need to succeed in your career.

Eric Ulm Associate Professor

Choose your study path

Depending on your goals, you can opt for a shorter postgraduate Actuarial Science qualification by doing the Postgraduate Certificate or Postgraduate Diploma in Actuarial Science. Both programmes are a great way to experience some of the courses included in the Master of Actuarial Science programme.

As well as being valuable qualifications in their own right, courses completed as part of the Certificate and Diploma can count towards the full Master’s programme, if you decide to continue your studies.

Qualification support and advice

We can help you match your interests and career goals with the right course of study.

If you’re a new student, talk to a Future Student Adviser through our enquiry form.

If you’re already studying with us, talk to Tītoko—Student Success.

For the research portion of your study, you’ll need a supervisor to help guide your research. Your programme coordinator will work with you to find the right person.

Two students with laptops are being helped by a third person

Study options

Find out how you can study Postgraduate Actuarial Science at Te Herenga Waka—Victoria University of Wellington.

Tohu Tiwhikete Paerunga, Tātai Mōrearea

Postgraduate Certificate in Actuarial Science—PGCertActS

POSTGRADUATEPOSTGRADUATE CERTIFICATE
Build on your Bachelor’s degree or professional experience in Actuarial Science. Or take the first step towards a Master’s degree.
Duration
1 year
Location
Pipitea campus, Wellington
Level of study
Postgraduate
Points
60
Workload
Full or part-time
Type
Coursework · Daytime
2027 – Trimester 1
Apply by
14 Feb 2027
Start study
22 Feb 2027
2027 – Trimester 2
Apply by
15 Jun 2027
Start study
5 Jul 2027
Tohu Paerunga, Tātai Mōrearea

Postgraduate Diploma in Actuarial Science—PGDipActSc

POSTGRADUATEPOSTGRADUATE DIPLOMA
Build on your Bachelor’s degree or professional experience in Actuarial Science. Or take the first step towards a Master’s degree.
Duration
1 year
Location
Pipitea campus, Wellington
Level of study
Postgraduate
Points
120
Workload
Full or part-time
Type
Coursework · Daytime
2027 – Trimester 1
Apply by
14 Feb 2027
Start study
22 Feb 2027
2027 – Trimester 2
Apply by
15 Jun 2027
Start study
5 Jul 2027
Tohu Paerua, Tātai Mōrearea

Master of Actuarial Science—MActSc

POSTGRADUATEMASTER'S DEGREE
Gain the skills and knowledge to become an actuary, or build on your existing skills, with New Zealand’s only Master's-level actuarial science qualification.
Duration
1.5 Years
Location
Pipitea campus, Wellington
Level of study
Postgraduate
Points
180
Workload
Full or part-time
Type
Coursework · Daytime
2026 – Trimester 3
Apply by
12 Nov 2026
Start study
16 Nov 2026
2027 – Trimester 1
Apply by
14 Feb 2027
Start study
22 Feb 2027
2027 – Trimester 2
Apply by
15 Jun 2027
Start study
5 Jul 2027
2027 – Trimester 3
Apply by
10 Oct 2027
Start study
15 Nov 2027
Tohu Kairangi

Doctor of Philosophy—PhD

POSTGRADUATEDOCTORATE
Study for a PhD to complete advanced research and make an original contribution to your field.
Duration
3 years
Location
Kelburn, Pipitea, Te Aro, and Miramar Creative Centre campuses, Wellington
Level of study
Postgraduate
Points
360
Workload
Full or part-time
Type
Research
2027 – Trimester 1
Apply by
14 Feb 2027
Start study
22 Feb 2027
2027 – Trimester 2
Apply by
15 Jun 2027
Start study
5 Jul 2027
2027 – Trimester 3
Apply by
10 Oct 2027
Start study
15 Nov 2027

Why Wellington

Wellington is the administrative and financial centre of New Zealand. Take advantage of the University's connections with government agencies such as the Treasury and the Reserve Bank, and many other private sector institutions and professional bodies.

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International recognition

Wellington School of Business and Government is among the top 1% of business schools worldwide that hold the ‘Triple Crown’ of international business education accreditations. By studying here, you can be confident your qualification will be recognised globally for its quality.

Commerce accreditations

Future careers

Gain an edge in the job market. Your skills will be in strong demand globally and in New Zealand—with the only Master’s level actuarial sciences qualification offered in the country.

You’ll connect with organisations in the public and private sectors that employ actuaries. This will give you the chance to build a strong network of contacts that will benefit your future career.

A fast track to professional accreditation

Qualified and accredited actuaries belong to professional bodies to show employers and clients that they have the expertise and knowledge needed to be a successful actuary. It is a profession that is highly regarded for its skills, ethics, and professionalism.

The Master of Actuarial Science can provide you with a fast track to Actuaries Institute of Australia qualifications, which are recognised in New Zealand, Australia, and many other countries.

    More career information

    Find out more about careers in actuarial science on our 'What can I do with my degree' page for this subject.

    The government careers website, Tahatū, offers more information about jobs, salaries, and current opportunities.

    Scholarships

    You may be able to get a scholarship to help fund your studies.

      We have postgraduate and doctoral scholarships available, as well as specialised scholarships for different groups and subject areas.

      Scholarships for Business and Government

      • Worth: $6,000 Closing: 15 March, 2027

        In honour of Jonathan Nicholls (ACC's Head of Actuarial Services who passed away in early 2015), ACC wishes to promote the actuarial profession in much the same way that Jonathan did. ACC is dedicated to supporting Actuarial Science students and others looking to pursue a career in the actuarial profession.

      • Worth: $4,000 (subject to funds available) Closing: 31 March, 2027

        The fund, which was established at the time of the renovation of the C3 lecture theatre, is to assist a second-year student from any faculty in their studies at Te Herenga Waka—Victoria University of Wellington

      Scholarships for international students

      We are currently offering a NZ$10,000 VUW Postgraduate International Scholarship to all eligible international students enrolling in a Master’s degree or Postgraduate Diploma programme.

      Your scholarship will be processed automatically when your programme application is accepted, and the amount will be deducted from your tuition fees.

      Other scholarships

        We also have postgraduate and doctoral scholarships available, as well as specialised scholarships for different groups and subject areas.

        Scholarships for Business and Government

        • Worth: $6,000 Closing: 15 March, 2027

          In honour of Jonathan Nicholls (ACC's Head of Actuarial Services who passed away in early 2015), ACC wishes to promote the actuarial profession in much the same way that Jonathan did. ACC is dedicated to supporting Actuarial Science students and others looking to pursue a career in the actuarial profession.

        Join our postgraduate community

        The Postgraduate Students’ Association provides a voice for you on campus and information on studying at Te Herenga Waka—Victoria University of Wellington.

        Postgraduate Students’ Association

        MAI ki Pōneke

        MAI ki Pōneke are part of an international network of Māori and Indigenous postgraduate students. They provide advice, support, and information to Indigenous postgraduate students of all levels, as well as those thinking about enrolling.

        Find out more about MAI ki Pōneke

        Eric Ulm

        Associate Professor of Actuarial Science

        Toby Daglish

        Head of School

        Hai Lin

        Professor of Finance

        Get help to manage your finances

        We can help you:

        • budget your money
        • manage your student loan or allowance
        • work out your accommodation payment schedule.

        If you’re facing financial difficulties, we can help you apply for the Hardship Fund.

        You may be eligible for government or community support, too.

        Two smiling people facing each other across a table

        Apply for a New Zealand study visa

        You’ll need to apply for a study visa if you plan to study with us as an international student.

        You should apply for your visa after you’ve received your Offer of Place, and before you come to New Zealand.

        Discover your career pathway with Tahatū