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Bachelor (Hons) in Actuarial Studies

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Sunway University

Bachelor (Hons) in Actuarial Studies

university icon
Sunway University

Bachelor (Hons) in Actuarial Studies

Qualification
Bachelor's Degree
Duration
3 years
Intake
JanJanAprAprSepSep
English Requirement
IELTS 6.0
Offer Letter
Free
Class Type
Physical
Course Fee for International Students
Yearly Tuition fees
Year Fee
1st YearMYR 34,250
2nd YearMYR 33,250
3rd YearMYR 23,400
Other Fees
Description Fee
Deposit (refundable)MYR 1,000
Enrolment Fee (non-refundable)MYR 700
International Administrative Fee (Yearly)MYR 1,980
Student Resource Fee (Yearly)MYR 3,500
Visa and InsuranceMYR 2,400

Would you like to apply to
Sunway University ?

This program integrates various subjects focused on the application of mathematical and statistical techniques within the financial services sector. It is specifically designed for students aspiring to pursue a career as an actuary. Participants will be prepared for professional examinations that lead to recognition as an actuary by a globally recognized actuarial professional body.

Entry Requirements

STPM  

Average C+ or CGPA 2.33 (minimum 2 Principals)

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

Future Careers

  • Actuarial reserving analyst
  • Catastrophe risk analyst
  • Chief actuary in casualty insurance/health/life/property
  • Chief Executive Officer
  • Chief financial officer
  • Financial risk manager

Year 1

  • Advanced Calculus
  • Calculus
  • English for Business
  • Entrepreneurial Mindset & Skills
  • Introduction to Probability
  • Introductory Economics
  • Linear Algebra & Applications
  • Principles of Business Finance
  • Principles of Financial Accounting
  • Programming Principles
  • Theory of Interest

Year 2

  • Communication Skills
  • Derivative Securities I
  • Derivative Securities II
  • Introduction to Statistics
  • Life Contingencies I
  • Life Contingencies II
  • Mathematical Methods
  • Regression Analysis
  • Free Elective I

Year 3

  • Community Project
  • Free Elective 2
  • Internship
  • Ratemaking & Loss Reserving for General Insurance
  • Simulation & Credibility Theory
  • Stochastic Processes

Electives (choose any 3 in Year 3)

  • Advanced Actuarial Mathematics & Finance
  • Advanced Actuarial Statistics
  • Design of Experiments
  • Discrete Mathematics
  • Multivariate Analysis
  • Research Project
  • Risk Theory
  • Survival Models
  • Time Series & Forecasting
For Local Students
  • Appreciation of Ethics and Civilisation
  • Bahasa Kebangsaan A (applicable to students who did not sit for SPM or did not obtain a Credit in SPM Bahasa Melayu) OR Critical Thinking
  • Community Service for Planetary Health
  • Integrity & Anti-Corruption
  • Philosophy and Current Issues
For International Students
  • Appreciation of Ethics and Civilisation
  • Community Service for Planetary Health
  • Critical Thinking
  • Integrity & Anti-Corruption
  • Malay Language for Communication 2
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