Course Details
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Bachelor of Science (Hons) Actuarial Science

Offered by: Universiti Tunku Abdul Rahman (UTAR)
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Exam BodyInternal Degree, Malaysia
Course Duration3 Yrs
Part Time/Full TimeFull Time
Fees40100/Course
Fees (International Student)54350/course
CampusSg Long Campus
FacultyLee Kong Chian Faculty of Engineering & Science
Conducted entirely in MalaysiaYes
Awarding CountryMalaysia
Level of StudyBachelor's Degree Level
Field of StudyMathematics & Statistics
Course Description

Actuarial Science encompasses the study of applied mathematics, statistics and financial theory to solve financial problems. It is a study of the financial risks associated with uncertain future events, with emphasis on assurance (life assurance), property and casualty insurance, pension plans and employee benefit programmes.

This programme is designed to meet the rapid changing needs and challenges of the insurance and investment-related industries by aligning its syllabi with the professional examination requirements.

It offers subjects that have been approved by the actuarial organisations for Validation by Educational Experience (VEE) credit, i.e. Economics, Corporate Finance and Applied Statistics. It covers all the topics on the CAS/SOA Probability (P) and Financial Mathematics (FM) actuarial examinations plus more than 12 semester hours on the topics for the SOA Actuarial Models (M) examination and the CAS/SOA Construction and Evaluation of Actuarial Models (C) examination that entail topics such as contingent payment models and frequency, severity and aggregate claims models. Students may gain international recognition, in addition to the UTAR honours degree.

To enhance their employability, this programme also equips students with relevant IT skills.

Entry Requirements

STPM with minimum 2 Principal Passes including Mathematics OR

A-Level with minimum 2 Passes including Mathematics OR

South Australian Matriculation (SAM) with a Tertiary Entrance Rank (TER) 70 and Grade B in 2 relevant subjects including Mathematics OR

Canadian Pre-University (CPU) with an average of 70% in 6 relevant subjects including MathematicsOR

Unified Examination Certificate (UEC) with Grade B in 5 relevant subjects including Mathematics OR

Matriculation Certificate (Science Field), Ministry of Education OR

Foundation in Science, Universiti Tunku Abdul Rahman OR

Diploma, Tunku Abdul Rahman University College (TAR UC) in the relevant field OR

Foundation from other Institutions of Higher Learning in the relevant field OR

 

Intake Months

January, May & October

Career Prospects
  • Actuary Analyst
  • Pricing Analyst
  • Tax Analyst
  • Portfolio Manager
  • Business Development Manager

 

All fees are in RM (Ringgit Malaysia) currency unless stated otherwise.


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