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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 6.5
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 ?

The Bachelor (Hons) in Actuarial Studies Program at Sunway University Malaysia is designed to prepare students for a career as an actuary in the financial services industry. The program covers mathematical and statistical techniques, and students are prepared for professional actuarial exams for global recognition.

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

  • Calculus
  • Advanced Calculus
  • English for Business
  • 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
  • Financial Management
  • Introduction to Statistics
  • Life Contingencies I
  • Life Contingencies II
  • Mathematical Methods
  • Risk Theory

Year 3

  • Community Project
  • Internship
  • Ratemaking & Loss Reserving for General Insurance
  • Regression Analysis
  • Simulation & Credibility Theory
  • Social & Professional Responsibilities
  • Survival Models

Electives (choose any 3 in Year 3)

  • Advanced Actuarial Mathematics and Finance
  • Advanced Actuarial Statistics
  • Design of Experiments
  • Discrete Mathematics
  • Financial Risk Management
  • Life Insurance and Takaful
  • Multivariate Analysis
  • Risk-Based Capital Modelling for Non-life Insurers
  • Research Project
  • Stochastic Processes
  • Time Series & Forecasting

Additional MOHE compulsory General Studies subjects

For International Student

  • Malay Language for Communication 2
  • Appreciation of Ethics and Civilisation
  • Community Project
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