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Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology

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APU University Malaysia

Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology

university icon
APU University Malaysia

Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology

Qualification
Bachelor's Degree
Duration
3 years
Intake
MarMarJulJulSepSepNovNov
English Requirement
IELTS 6.0
Offer Letter
Free
Class Type
Physical
Course Fee for International Students
Yearly Tuition fees
Year Fee
1st YearMYR 32,000
2nd YearMYR 33,100
3rd YearMYR 34,400
Other Fees
Description Fee
Library & Personal Bond Deposit (Refundable)MYR 1,500
University Administrative FeesMYR 5,800
Visa and InsuranceMYR 2,550

Would you like to apply to
APU University Malaysia ?

Embark on a transformative journey with APU University Malaysia Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology program. Explore a myriad of invaluable insights and skills, detailed below:

What you will learn in a glance?

In the first year, students in the actuarial science program will acquire essential fundamentals in Mathematics, Statistics, Economics, and Finance. Alongside these core subjects, they will also develop Business, Communication, and IT skills. This level prepares students for Level 2 of Actuarial Science study.

Moving into the second year, builds upon the core knowledge of Mathematics and Statistics, utilizing them as engines to drive complex models in the actuarial industries of Economics and Finance. Students will integrate this core knowledge to form actuarial tools and infrastructure for planning and managing purposes. They will receive actuarial-centric exposure and coaching with a focus on industrial applications. Throughout this level, students will gradually gain independence in their study and research efforts. Additionally, students will take three specialism modules (Financial Technology, Enabling FinTech, and Application of AI in Finance) to gain exclusive exposure to FinTech.

During the 16-week internship or industrial training, students will undertake a minimum 16-week internship or industrial training. This internship experience is designed to facilitate a smooth transition from the classroom to the working environment. It provides students with practical exposure, preparing them for real-world actuarial practices.

In the third year,  students merge their knowledge and industrial experience to apply acquired skills in planning, managing, and analyzing risk. The emphasis is on evaluating the financial performance of businesses from an actuary's perspective. Students will gain an understanding of the critical roles played by actuaries, particularly in the development and pricing of insurance products. They will further enhance skills in risk management, actuarial modeling, and ratemaking. In addition to the common modules for actuarial studies, students will also take a specialism module (FinTech Risk Management and Regulations) to gain further knowledge and skills in FinTech.

Dual Degrees from APU and DMU United Kindom

Students who joined the Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology at APU University Malaysia will have the option to apply for the APU-DMU Dual Degree Scheme. Under this Scheme, students will be able to get 2 Degree Certificates and transcripts upon graduation: 1 from Asia Pacific University (APU), Malaysia, and 1 from De Montfort University (DMU), UK. please note this is optional and costs GBP 375 Per year. For more information about this Scheme (Click here)

Entry Requirements

SPTM

• 2 Passes in STPM with a minimum Grade C+ (GP 2.33) and a Credit in Mathematics and a Pass in English at SPM Level or its equivalent.

 

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

Year 1

COMMON MODULES

  • Probability Models
  • Linear Algebra
  • Business and Communication Skills
  • Calculus
  • Calculus II
  • Financial Accounting
  • Microeconomics
  • Macroeconomics
  • Introduction to R Programming
  • Statistics

Year 2

COMMON MODULES

  • Advanced Probability Models
  • Predictive Analytics
  • Financial Mathematics
  • Regression Analysis
  • Financial Economics
  • Business Research Methods
  • Financial Management
  • Mathematics of Financial Derivatives
  • Stochastic Processes

SPECIALISED MODULES

  • Financial Technology
  • Enabling Fintech
  • Application of AI in Finance

Year 3

COMMON MODULES

  • Asset and Liability Valuations
  • Life Contingencies
  • Strategic Management
  • Corporate Finance
  • Risk Theory
  • Investigation in Actuarial Studies
  • Option and Bond Valuations
  • Survival Analysis
  • Life Contingencies 2
  • Project in Actuarial Studies

SPECIALISED MODULES

  • Fintech Risk management and Regulations
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