Bachelor of Science (Honours) Actuarial Science

Universiti Tunku Abdul Rahman (UTAR)

Kajang, Selangor, Malaysia

Quick Facts

Duration

3 years

Mode

Full-time, On-campus

Intake

Feb, Jun, Oct

Tuition Fees

RM49,000

Course Highlights

Accredited by IFoA (UK) and SOA (USA)
Top 3 in Graduate Employability at the Talentbank National Graduate Employability Index 2023
Ranked #160 in QS Asia University Rankings 2024 and #301-350 in THE Asia University Rankings 2024
One of Malaysia's leading private universities that offer accessible and affordable programmes

Course Structure

Year 1

Basic Mathematics
Calculus I
Calculus II
English for Professional Communications
Financial Accounting I
Financial Accounting II
English for Professionals
MPU 1*
MPU 1**
National Language/Other Language
Probability and Statistic I
Probability and Statistic II
Programming Techniques for Data Processing
Theory of Interest

Year 2

AS Elective Group I
AS Elective Group III
Financial Economics I
Industrial Training
Introduction to Risk Management and Insurance
Introduction to Actuarial Mathematics
Macroeconomics I
Microeconomics I

Year 3

AS Elective Group I
AS Elective Group I
AS Elective Group III
AS Elective Group III
AS Elective Group IV
AS Elective Project
AS Elective Project
Co-curriculum
Sociology in Malaysian Context
Sun Zi's Art of War and Business Strategies

Electives

AS Elective Group I - Choose 8 course(s)

Actuarial Mathematics
Advanced Database Systems
Applied Nonparametric Statistics
Applied Regression Analysis
Credibility Theory
Database System Fundamentals
Financial Economics II
Introduction to Ratemaking and Reserving
Loss Models
Mathematical Statistics
Microeconomics II
Operations Research I
Predictive Modelling
Statistical Decision
Statistical Simulation for Insurance and Finance
Stochastic Processes
Time Series Analysis

AS Elective Group III - Choose 3 course(s)

Business Finance
Financial Statement Analysis
Islamic Finance
Portfolio Management

AS Elective IV - Choose 1 course(s)

Academic Writing
Applications of Artificial Intelligence
Automation in the 4th Industrial Revolution
Basic Professional Writing
Communication in Interpersonal Relationship
Confucianism and Modern Society
Creative Thinking and Idea Generation
Critical Reading and Thinking
Cross Cultural Management
Cross-Cultural Interactive Communication
Digital Economy
Electronic Commerce
Experiential Research Skills (ERS)
Oral Communication and Interpersonal Skills
Principles of International Business
Property Market Analysis
Public Speaking and Oral Presentation
Understanding Politics: State, Nation and Government

AS Elective Project - Choose 2 course(s)

Actuarial Expository Project
Actuarial Modelling
Case Study on Insurance Practice
Project I
Project II

Entry Requirements

Entry Requirements

STPM: Minimum 2 Passes of Grade C in the relevant subjects (including 1 Mathematics subject)
A Level: Minimum 2 Passes of minimum Grade D in the relevant subjects (including 1 Mathematics subject)
Unified Examination Certificate (UEC): Grade B in 5 relevant subjects (including 1 Mathematics subject)
South Australian Matriculation (SAM): Australian Tertiary Admission Rank (ATAR) 70 and Grade B in 2 relevant subjects (including 1 Mathematics subject)
Canadian Pre-University (CPU): Average of 70% in 2 relevant subjects (and 4 other subjects including 1 Mathematics subject)
Foundation in Science, Universiti Tunku Abdul Rahman (UTAR)
Foundation in Arts (Management and Accountancy Stream), Universiti Tunku Abdul Rahman (UTAR)
Foundation from other Institutions of Higher Learning in the relevant field
Matriculation Certificate, Ministry of Education in the relevant field
Diploma Tunku Abdul Rahman University of Management and Technology (TAR UMT)
Diploma from other Institutions of Higher Learning in the relevant field
Other equivalent qualifications recognised by the Malaysian Government

English Requirements

IELTS: 5.0
TOEFL iBT: 42
SPM English Language/O Level English Language: Credit
MUET: Band 3
Cambridge English/Linguaskill: 154
UEC English Language: Grade B

Estimated Fees

Application fees (non-refundable)

RM60

RM0

Tuition fees

RM49,000

Total payable amount

RM49,000

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