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Bachelor of Science (Honours) Actuarial Science

UCSI University Malaysia
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Course Details

Qualification Bachelor's Degree
Duration 3 years
Intake Feb, May, Sep
English Requirement IELTS 5.5
Class Type Physical
Yearly Tuition fees
Year Fee
1st Year MYR 24,810.00
2nd Year MYR 26,090.00
3rd Year MYR 27,560.00
Other Fees
Description Fee
Deposit (Refundable) MYR 1,000.00
Facilities Fee (per semester) MYR 670.00
International Administration Fee MYR 4,200.00
Registration Fee MYR 5,850.00
Visa and Insurance (EMGS) MYR 4,826.00

Overview

The Bachelor of Science (Honours) Actuarial Science Program at UCSI University Malaysia equips students with strong technical skills and prepares them for professional board examinations, such as the Society of Actuaries (SoA) exams. Many students have successfully passed four out of the five preliminary SoA examinations during their undergraduate studies at UCSI, providing them with a competitive edge in their careers.

Entry Requirements

STPM: A pass in STPM with a minimum Grade (C) (CGPA 2.0) in any two subjects OR Grade C in two subjects inclusive of mathematics.

For other qualifications and certificates (e.g., UEC, Foundation, STAM, etc..) please contact our educational consultants or submit your application for Admission 

Future Careers

Actuarial Executive, Enterprise Risk Analyst, Bank Executive, Financial Analyst, Financial Planning Advisor, Entrepreneur.

Curriculum

Year 1

  • Calculus and Analytical Geometry
  • Statistics and its Applications
  • Business Accounting
  • Microeconomics
  • Risk Management and Insurance
  • Probability Theory
  • Macroeconomics
  • Introduction to Programming
  • Elective 1
  • Business Communications
  • Cooperative Placement

Year 2

  • Mathematical I
  • Mathematical Statistics
  • Mathematics of Interest Rate
  • Introduction to Stochastic Processes
  • Mathematics II
  • Applied Statistical Models
  • Life Contingencies 1
  • Financial Management 1
  • Managerial Accounting
  • Cooperative Placement

Year 3

  • Independent Project I
  • Mathematics of Financial Derivatives
  • Life Contingencies 2
  • Loss Models
  • Elective 3
  • Independent Project II
  • Elective 4
  • Credibility Theory
  • Stochastic Calculus for Insurance and Finance
  • Elective 2
  • Bahasa Kebangsaan A (Optional)
  • Cooperative Placement

Electives

Electives 1 and 2 (choose two)

  • Fundamental of Marketing
  • Business Information System
  • Introduction to Internet Technologies
  • Fundamentals of Management
  • Accounting Information System
  • Corporate Finance
  • Financial Statement and Analysis
  • Investment Portfolio Management

Electives 3 and 4 (choose two)

  • Actuarial Practice
  • Survival Models
  • Statistical Simulation for Financial Modelling

General Courses (MPU) are compulsory for all students.

For foreign students:

  1. Philosophy and Contemporary Issues
  2. Communication in Bahasa Melayu 3
    (Bahasa Melayu Komunikasi 3)

All students:

  1. U2 - University Life
  2. U2 - Integriti dan Anti Rasuah (Integrity and Anti-Corruption)
  3. U4 - Extracurricular Learning Experience 1
  4. U4 - Extracurricular Learning Experience 2
  5. U4 - Extracurricular Learning Experience 3
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