Bachelor of Science (Honours) Actuarial Science at Tunku Abdul Rahman University (UTAR)

Bachelor of Science (Honours) Actuarial Science

Qualification

Bachelor's Degree

Duration

3 years

Intake

OctOctFebFebJunJun

English Requirement

IELTS 5.0

Offer Letter

Free

Class Type

Physical

Course Fee for International Students

First year from MYR 18,633 excludes 6% SST & other fees

Estimated total tuition from ~MYR 55,899 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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The Bachelor of Science (Honours) Actuarial Science program at Tunku Abdul Rahman University (UTAR) is tailored to address the evolving demands and complexities of the insurance and investment industries. The program's curriculum is carefully aligned with the professional examination requirements, ensuring students are well-prepared for their future careers. It offers a comprehensive range of subjects, including Economics, Accounting and Finance, and Mathematical Statistics, which have been approved by actuarial organizations for Validation by Educational Experience (VEE) credit. This accreditation emphasizes the program's commitment to providing students with the necessary knowledge and skills to excel in the actuarial field. Graduates of this program are equipped to navigate the challenges of the industry and make valuable contributions to the insurance and investment sectors.

Entry Requirements

STPM

A minimum of Grade C in 2 relevant subjects including 1 Mathematics subject

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

Actuary Analyst

Pricing Analyst

Tax Analyst

Portfolio Manager

Business Development Manager

Year 1

Basic Mathematics

Calculus I

Calculus II

Financial Accounting I

Financial Accounting II

MPU 1*

National Language / Other Language

Probability and Statistic I

Probability and Statistic II

Programming Techniques for Data Processing

Theory of Interest

Year 2

AS Elective Group I

AS Elective Group III

Financial Economics I

Industrial Training

Introduction to Risk

Management and Insurance

Introduction to Actuarial Mathematics

Macroeconomics I

Microeconomics I

Year 3

AS Elective Group I

AS Elective Group III

AS Elective Group IV

AS Elective Project

Co-curriculum

MPU 1**

Sociology in Malaysian Context

Sun Zi’s Art of War and Business Strategies

AS Elective Group I (Choose 8 course(s))

Actuarial Mathematics

Advanced Database Systems

Applied Nonparametric

Statistics

Applied Regression Analysis

Credibility Theory

Database System

Fundamentals

Financial Economics II

Introduction to Ratemaking and Reserving

Loss Models

Mathematical Statistics

Microeconomics II

Operations Research I

Predictive Modelling

Statistical Decisions

Statistical Simulation for Insurance and Finance

Stochastic Processes

Time Series Analysis

AS Elective Group III (Choose 1 course)

Business Finance
Financial Statement Analysis
Islamic Finance
Portfolio Management

AS Elective Group IV (Choose 3 course(s))

Academic Writing
Applications of Artificial Intelligence
Automation in the 4th Industrial Revolution
Basic Professional Writing
Communication in Interpersonal Relationship
Confucianism and Modern Society
Creative Thinking and Idea Generation
Critical Reading and Thinking
Cross Cultural Management
Cross-Cultural Interactive Communication
Digital Economy
Electronic Commerce
Experiential Research Skills (ERS)
Oral Communication and Interpersonal Skills
Principles of International Business
Property Market Analysis
Public Speaking and Oral Presentation
Understanding Politics: State, Nation and Government

AS Elective Project
(Choose 2 course(s))

Actuarial Expository Project
Actuarial Modelling
Case Study on Insurance Practice
Project I
Project II

MPU 1* (Choose 1 course)

Penhayatan Etika dan Peradaban - For Local Students

Philosophy and Current Issues - For International Students

MPU 1** (Choose 1 course)

Bahasa Melayu Komunikasi 2 - For International Students

Falsafah dan Isu Semasa- For Local Students

National Language/Other Language (Choose 1 course)

Bahasa Kebangsaan (A) - For Malaysian only, without SPM-BM credit
Communication Tamil For Health Sciences
Introduction to French
Introduction to German Language
Introduction to Japanese
Introduction to Korean
Introduction to Tamil Language
Introduction to Thai Language

Co-Curriculum (Choose 1 course)

Art, Craft, and Design
Arts and Cultural Performance
Business Plan Writing and Preparation
Community Project
Critical Thinking, Creative Thinking and Problem Solving
Language, Culture and Social Study Abroad
Leadership and Teambuilding
Management of Sports Activity
Managing Personal Finance
Music Performance
Social Entrepreneurship Project
Study Soft Skills and/or Life Skills Abroad
Team Work and Collaborative Project
Work Ethics and EQ

Bachelor of Science (Honours) Actuarial Science

Bachelor of Science (Honours) Actuarial Science