Microcredentials

Certification-style online actuarial short courses that elevate your skills in a time of rapid change across business, industry, technology, and society.

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Designed by actuaries, for actuaries

Why complete a microcredential short course?

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Gain the latest actuarial training

Upskill in the latest commercial, regulatory, and legislative practices. Our microcredentials are taught through tutorials, industry speakers, and course materials which are updated each semester.

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Choose from three study levels

Choose to complete certificates or simply participate in CPD courses. Our microcredentials are delivered 100% online to accommodate busy work schedules.

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Invest in lifelong learning and earn CPD

Tailor your learning to your evolving career goals, while earning CPD. You can earn up to 156 hours over 13 weeks - well beyond your 25-hour annual CPD requirement.

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Connect with actuaries through our platform

Connect with other actuaries studying on our online learning platform, Canvas.

Choose your actuarial microcredential course

Microcredential

Data Science Applications

Upskill with the latest insights on data science, including ethical considerations, and practical business applications. 

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Microcredential

General Insurance Applications

Get insights and trends into the General Insurance commercial and legislative environments, regulations, and financial reporting standards, including AASB-17. 

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Microcredential

Life Insurance Applications

Gain a deep understanding of the legal, regulatory and professional frameworks that govern the Life Insurance industry, including AASB-17. Available in Semester 1 only from 2027.

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Microcredential

Investment

Gain comprehensive knowledge of investment management principles and practices, and expertise in creating and managing investment portfolios. Available Semester 2.

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Microcredential

Superannuation and Retirement Applications

Develop your understanding of the Australian superannuation industry and actuarial practice. Available in Semester 1.

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Microcredential

Enterprise Risk
Management 

Learn how to apply risk management concepts, skills, and techniques to achieve organisational objectives. Available in Semester 1.

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Microcredential

Banking

Develop banking expertise to expand your actuarial career into financial institutions. Available in Semester 1.

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Enrolment details and course prices

Key details 

If you're currently completing your Fellowship Program with the Actuaries Institute or intend to, you should progress through the Fellowship Program principles subjects first, and then enrol in the Applications subject. 

All microcredentials 

$3,800 AUD GST exempt

Entry requirements

You must be a qualified actuary to enrol. 
Please refer to each course for recommended background knowledge.

Semester 2 study dates

6 July - 16 October 2026

Semester 1 2027 enrolment dates

14 December 2026 - 25 January 2027

Semester 1 2027 study dates

25 January to 7 May 2027

Semester 2 2027 enrolment dates

15 June to 12 July 2027

Semester 2 2027 study dates

12 July to 22 October 2027

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Deepen your understanding

"The Data Science Applications (DSA) microcredential course was very engaging, and one of the best structured and delivered programs I have undertaken with the Actuaries Institute. The scope of DSA is sufficient to help me avoid some of the hype surrounding this technology, and to contribute to realising its potential within my company."

Andrew McGrath, CFO, QBE Insurance (Singapore), AIAA

Learning options to suit your career

Choose from three actuarial CPD study levels

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Professional Certificate

For testing your knowledge and developing your skills for everyday use. Includes subject materials and tutorials, an assignment, and an exam. We recommend you invest at least 12 hours a week for 13 weeks. That’s 156 hours — well beyond your 25-hour annual CPD requirement.

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Certificate

For validating your learning and critically analysing your understanding. Includes tutorials, subject materials and an assignment. Takes 7 hours a week for 13 weeks. That’s 91 hours of CPD.

Course Participation

If you have limited time and want to gain a high-level overview. Includes tutorials and subject materials. Takes 2 hours a week for 9 weeks. That’s 18 hours of CPD.

Microcredential FAQs

Need more information? Explore more details on studying microcredentials.

I am not a Fellow. Can I enrol in a microcredential?

Yes. All qualified actuaries are eligible to enrol in our microcredentials. For those who are not Fellows, it is expected that you have extensive work experience.  

If you are currently completing your Fellowship Program, or intend to, you should progress through the Fellowship Program Principles subjects prior to completing an Applications subject. 

I am a qualified actuary from an international actuarial association. Am I able to enrol in a microcredential?

Yes. Our microcredentials are open for enrolment to all qualified actuaries. 

Do the microcredentials have prerequisites?

The microcredentials do not have prerequisites. As a qualified actuary, it is expected you have completed the equivalent of the Actuaries Institute’s Foundation and Actuary Programs and met the professional experience requirements.  

The microcredentials are equivalent to Fellowship subjects. In the case of taking a microcredential with assessments (Certificate or Professional Certificate), the subject prerequisites are considered recommended background knowledge. 

Is there a different cost for each tier of the microcredential?

No. We have one cost for the microcredentials regardless of your selection of tier. The cost provides you access to the full learning materials, with tutorials, discussions, and learning support. The outcome of the microcredential is connected to the tier and level of assessments you choose to complete. 

What are the hours required to complete the Professional Certificate?

We suggest that Fellows will need to spend 12 hours per week studying the Professional Certificate, which includes completing the assignment and exam. These indicative hours are a guide only.  

These hours are lower than the 15-20 hours per week recommended for students to complete the Fellowship subject as part of their Fellowship Program. This is because we anticipate that qualified actuaries bring a level of professional knowledge and work experience to their study, meaning that they may be able to complete their study faster than students who are not yet qualified.  

If you are not a Fellow, have a relatively small amount of experience working as an actuary, or if this content is completely new, then you may need to allocate additional time to your studies. 

Will other Fellowship subjects be available as microcredentials over time?

The Institute has expanded our microcredentials across the Fellowship Program subjects since 2022. As new offerings arise, they will be published on our Microcredentials website. 

How can I claim my CPD?

Using the CPD activity claim form in the CPD Dashboard, you can add your microcredential to your CPD tracker. Complete the appropriate details and follow the prompts to claim your CPD. Once claimed, your CPD tracker will update accordingly. 

During the transition period, the CPD Dashboard continues to record activity in points (converted at 2two points per hour) until the upgraded hours-based dashboard launches in 2027. Your CPD is assessed against the 25-hour requirement for your current Membership Year — there is no carry-over between years. 

We estimate the hours required to be:  

  • 156 hours for the Professional Certificate  
  • 91 hours for the Certificate  
  • 18 hours for the Course 

Start your microcredential short course in our next teaching period.

Get the latest in commercial innovation, regulatory change and market insights in your practice area. Enquire about enrolling in a microcredential now.

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