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Bachelor (Hons) in Actuarial Studies

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Sunway University
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Sunway University

Bachelor (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
Yearly Tuition fees
Year Fee
1st YearMYR 36,340
2nd YearMYR 35,060
3rd YearMYR 24,720
Other Fees
Description Fee
Deposit (refundable)MYR 1,000
Enrolment Fee (non-refundable)MYR 700
International Administrative Fee (Yearly)MYR 2,250
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
  • 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
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