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Bachelor of Actuarial Studies (Honours)

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Taylor's University Malaysia

Bachelor of Actuarial Studies (Honours)

university icon
Taylor's University Malaysia

Bachelor of Actuarial Studies (Honours)

Qualification
Bachelor's Degree
Duration
3 years
Intake
FebFebAprAprSepSep
English Requirement
IELTS 5.5
Offer Letter
Free
Class Type
Physical
Course Fee for International Students
First year from MYR 42,592 excludes 6% SST & other fees
Estimated total tuition from ~MYR 116,844 3 years programme
Published fees don't include possible scholarships and YourUni discounts — most students pay less than the sticker price.

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Taylor's University Malaysia ?

The Bachelor of Actuarial Studies (Hons.) Program at Taylor's University Malaysia offers a comprehensive study of mathematics, probability, statistics, finance, and economics. It provides students with in-depth knowledge and skills in actuarial science. This program in Malaysia goes beyond traditional classroom learning and offers additional learning opportunities.

Entry Requirements

SPM / O-Level with Pre-U / Foundation

Pass SPM / O-Level or equivalent with 5 credits including a pass in English and Mathematics for entry with pre-university/ foundation qualification (Except for UEC)

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

Future Careers

Actuarial Analyst, Accountants, Auditors, Budget Analyst, Economist, Mconomist, Statistician, Personal Financial Advisor, Forensic Accountant, Chartered Accountant.

Accreditation and Professional Recognition:

  • The Actuarial Studies programme at Taylor's University has received accreditation from the Institute and Faculty of Actuaries (IFOA), the Society of Actuaries (SOA), and the Casualty Actuarial Society (CAS).
  • The programme is also recognized by the CMT Association.
  • Graduates of the programme will be eligible to apply for the Graduate Member status with the International Federation of Technical Analysts (IFTA) and enjoy various benefits, including priority entrance to IFTA events and member discounts for seminars, workshops, conferences, and boot camps.
  • Graduate Members will have the opportunity to apply for the AFT/CFT qualification upon completion of six papers.

Education pathway 

Common Core

Year 1

  • Programming
  • Microeconomics*
  • Calculus
  • Probability Theory*
  • Mathematics of Finance*
  • Advanced Calculus
  • Mathematical Statistics*
  • Introduction to Accounting

Year 2

  • Life Contingencies I*
  • Applied Statistical Methods*
  • Introduction to Finance
  • Life Contingencies II*
  • Corporate Finance*
  • Fundamentals of Linear Algebra 
  • Macroeconomics*
  • Internship

Year 3

  • Simulation and Credibility Theory
  • Survival Models*
  • Derivatives
  • Stochastic Calculus for Financial Economics*
  • Stochastic Processes*
  • Risk Theory*
  • Project
  • Insurance Practices and Takaful
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