Quick Facts
Duration
3 years
Mode
Full-time, On-campus
Intake
Sep
Tuition Fees
RM131,760
Course Highlights
- Full accreditiation from IFoA with the maximum exemptions of 6 papers in the new IFoA curriculum
- Mirrors the highly successful BSc Actuarial Science degree offered in the UK, which is accredited by the UK Actuarial Profession
- Accredited by the Royal Statistical Society, Society of Actuaries (SOA) under UCAP-AC, which is the highest level of recognition in Malaysia
- A truly global university with an option to transfer to campuses in the UK and Dubai
Course Structure
- Probability and Statistics A
- Probability and Statistics B
- Linear Algebra
- Actuarial and Financial Mathematics A
- Actuarial and Financial Mathematics B
- Multivariable Calculus and Real Analysis A
- Multivariable Calculus and Real Analysis B
- Algorithmic and Scientific Programming
Optional and elective courses available for Year 1 include:
- Finance and Financial Reporting
- Operations Management
- Life Insurance Mathematics A
- Life Insurance Mathematics B
- Stochastic Processes
- Survival Models
- Derivative Markets and Discrete-time Finance
- Statistical Models A
- Statistical Models B
- Portfolio Theory & Asset Models
- Students typically take Introductory Economics, Continuous-time Finance, Risk Theory, and Time Series Analysis and can choose from a range of options such as Statistics for Social Science, Bayesian Inference and Computational Methods, Statistical Machine Learning and Optimisation.
Entry Requirements
- Heriot-Watt University Malaysia Foundation in Science: ABBC - A in Mathematics, B in any other 2 subjects, C in Academic English/Study Skills
- Heriot-Watt University Malaysia Foundation in Business: ABBC - A in Mathematics, B in any other 2 subjects, C in Academic English/Study Skills
- A Level/STPM: ABB including A in Mathematics
- UEC: 8 points or less including A1 in Mathematics and Advanced Mathematics (5 subjects not less than B grade)
- WACE/SACE: ATAR 90
- SMA 3 (Indonesia): 8
- IB Diploma: 28 points (Minimum 6 in HL Mathematics: analysis and approaches)
- Diploma with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.
Any other relevant qualification with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.
15 points or less including A in Mathematics and Physics (5 subjects not less than B grade)
- If English is not your first language, then evidence of proficiency equivalent to IELTS 6.5 is required.
Estimated Fees
Application fees (non-refundable)
RM500
Tuition fees
RM131,760
Discounts & scholarships
-RM2,800
Total payable amount
RM129,460
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