Curious about predicting financial risks or analyzing complex data? Welcome to the world of actuarial science!
From affordable study options to globally recognized programs, Malaysia is the place to kickstart your actuarial journey.
Whether you're wondering about costs, course details, or future career paths, here’s everything you need to know about studying an actuarial science course in Malaysia.
Study Actuarial Science in Malaysia
Malaysian universities offer different types of degrees in actuarial science. Here is a breakdown:
Type of Degree |
Annual Tuition Fees (USD) |
Duration |
Diploma in Actuarial Science |
n/a | n/a |
Bachelor in Actuarial Science |
4,658 - 12,480 |
3 years |
Master in Actuarial Science |
8,335 - 10,750 |
1 year |
PhD in Actuarial Science |
n/a | n/a |
Top Universities to Study Actuarial Science Course in Malaysia
Malaysia is home to some respected universities for actuarial science, offering programs that combine robust academics with practical industry exposure.
See the table below for a list of the top universities that offer Actuarial Science courses in Malaysia:
University* |
Global Ranking |
Annual Tuition Fees* (USD) |
Discount Availability* |
#251 |
9,243 |
n/a |
|
#265 |
6,538 |
n/a |
|
University Malaya |
#60 |
3,775 |
n/a |
* Click the university’s name in the table for course details.
* Tuition fees listed are for bachelor degrees. Fees are calculated as per 4.0 exchange rate.
* Discount availability is based on nationality and academic performance. For more details you may contact our educational consultants. Details on how to connect with us at the end of the article.
Affordable Private Universities to Earn Actuarial Science Degree in Malaysia
Private universities offer quality actuarial science courses in Malaysia at affordable rates, making it easier for students to pursue their career goals without overwhelming financial strain.
Here are some of these options:
Affordable private universities to study Actuarial Science in Malaysia: fees and discounts |
||
University |
Annual Tuition Fees (USD) |
Discount Availability |
6,500 |
n/a |
Program Structure for Actuarial Science Degree in Malaysia
A bachelor degree in actuarial science in Malaysia is typically 3 years.
The structure of the 3 years could vary depending on the university, but these are common core subjects you will be taking:
Year |
Core Subjects |
Year 1 |
|
Year 2 |
|
Year 3 |
|
Career Prospects for Actuarial Scientists in Malaysia
With an actuarial science degree in hand, you’re set to become a behind-the-scenes mastermind of the financial world.
Whether you dream of a career in insurance, banking, or even tech, this field opens doors to dynamic roles.
Take a look at the roles you may be fit for:
-
Data Analyst
-
Risk Analyst
-
Financial Analyst
-
Investment Analyst
-
Product Development Analyst
Top Destinations to Study Actuarial Science: A Comparison
Choosing where to study for a degree in actuarial science can feel overwhelming, as the best option will depend on what matters most to you personally.
To make your decision easier, here’s a simple comparison of the top destinations:
Destination |
Duration |
Highest University Ranking |
Tuition Fees per Year (in USD) |
Average Living Cost per Year (in USD) |
Malaysia |
3 years |
60th |
5,751 - 12,757 |
5,550 |
UK |
3-4 years |
2nd |
22,976 - 44,168 |
9,538 |
Australia |
4 years |
13th |
31,604 - 33,400 |
14,557 |
US |
4 years |
1st |
13,320 - 53,090 |
13,250
|
YourUni Experts’ Choice
At YourUni Educational Consultancy, we present our track record of successfully placing over 2,000 students in Malaysian institutions.
By analyzing student feedback, we've identified the top universities for pursuing an actuarial science course in Malaysia. Here are our leading recommendations:
Sunway University: Offers accredited programs that meet industry standards, ensuring students are well-prepared for their careers.
Taylor’s University:
Renowned for its accredited programs and world-class reputation, Taylor’s University stands out for its commitment to excellence in education.
UCSI:
Features an industry-recognized curriculum that equips students with the necessary skills and knowledge sought after by employers.
Apply to Study Actuarial Science in Malaysia
You have two straightforward options for applying to an Actuarial Science course in Malaysia.
The first is to apply directly through the university's official website. This method allows you to manage your application personally.
Alternatively, you can apply through YourUni Educational Consultancy, where we act as your personal representative.
Our experienced and dedicated team will simplify the process for you, offering step-by-step assistance in selecting the best university based on your preferences, needs, and career goals.
We'll guide you through the entire application process—from preparing your documents to submitting your application, handling your visa, arranging accommodation in Malaysia and even picking you up in the airport when you arrive.
Get in touch with our team now for free consultation and advice!