Bachelor of Science (Hons) in Actuarial Studies at Sunway University

Bachelor of Science (Hons) in Actuarial Studies

Qualification

Bachelor's Degree

Duration

3 years

Intake

FebFebAprAprSepSep

English Requirement

IELTS 6.0

Offer Letter

Free

Class Type

Physical

Course Fee for International Students

First year from MYR 35,400 excludes 6% SST & other fees

Estimated total tuition from ~MYR 102,000 3 years programme

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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
Fundamentals of Accounting
Introduction to Probability
Linear Algebra & Applications
Principles of Business Finance
Principles of Economics
Programming Principles
Theory of Interest

Year 2

Communication Skills
Derivative Securities I
Derivative Securities II
Entrepreneurial Mindset & Skills
Introduction to Statistics
Life Contingencies I
Life Contingencies II
Mathematical Methods
Free Elective 1

Year 3

Free Elective 2
Internship
Ratemaking & Loss Reserving for General Insurance
Regression Analysis
Simulation & Credibility Theory
Stochastic Processes

Electives with Specialization

Advanced Actuarial
Finance & Risk Management
Actuarial Artificial Intelligence

List of Electives (Choose 3):

Advanced Actuarial Statistics
Advanced Actuarial Mathematics & Finance
Principles of Actuarial Control Cycle
Risk Theory
Survival Models
Time Series & Forecasting
Multivariate Analysis
Predictive Analytics
Machine Learning
Design of Experiments
Categorical Data Analysis
Research Project

MOHE Compulsory General Studies Subjects

For Local Students:

Appreciation of Ethics & Civilisation
Bahasa Kebangsaan A (for 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 & Current Issues

For International Students:

Appreciation of Ethics & Civilisation
Community Service for Planetary Health
Critical Thinking
Integrity & Anti-Corruption
Malay Language for Communication 2

Bachelor of Science (Hons) in Actuarial Studies

Bachelor of Science (Hons) in Actuarial Studies