Bachelor Of Actuarial Studies (Honours) (4 Years) at Taylor's University

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Taylor's University

Since its establishment in 1969, Taylor University has been providing world-class education and has become the benchmark for other private higher education institutions in Malaysia. Taylor is proud to provide a comprehensive education, which not only brings outstanding academic achievements but also produces graduates with qualities that are popular in the global market. Industry-related learning activities and industry-related courses work closely with related industries and are widely included in all higher education courses. Taylor’s University has been developing and implementing innovative teaching methods related to 21st-century learners to ensure that its students can take advantage of the best educational experience. The university’s pedagogy focuses on cultivating graduates with overall balance; this is done by enhancing the curriculum, expanding industry cooperation, and experiential learning programs

Course Information

Academic Qualification
Bachelor
Duration
4.0 years
Intake
February, April, September
English Requirement
5.5
Class Type
Full Time
Offer Letter
Free

Yearly Tuition Fees

First Year
42,304
MYR
Second Year
30,976
MYR
Third Year
15,488
MYR
Fourth Year
38,720
MYR
Total Tuition Fees 127,488 MYR

Other Fees

International Student Enrolment Fee 2,800 MYR
International Student Charge 3,000 MYR
International Student Annual Fee 6,900 MYR
Visa Application Fee 2,830 MYR
International Security Deposit 3,000 MYR
Total Additional Fees 18,530 MYR
Grand Total (All Fees) 146,018 MYR

Course Overview

The Bachelor of Actuarial Studies (Honours) at Taylor's University equips students with strong analytical and problem-solving skills, preparing graduates for roles such as Actuarial Analyst, Accountant, and Auditor.

Program Structure

  • Year 1: Foundational courses including Introduction to Accounting, Calculus, Mathematical Statistics, Microeconomics, and Insurance Practices and Takaful.
  • Year 2: Advanced topics such as Advanced Calculus, Probability Theory, Mathematics of Finance, Macroeconomics, and Fundamentals of Linear Algebra.
  • Year 3: Specialized subjects including Life Contingencies I & II, Applied Statistical Methods, Corporate Finance, Derivatives, and Risk Theory.
  • Year 4: Advanced studies in Stochastic Process, Survival Models, Simulation and Credibility Theory, Stochastic Calculus for Financial Economics, and a capstone Project.

Entry Requirements

  • SPM / O-Level with Pre-U / Foundation: Pass with 5 credits including Mathematics and a pass in English.
  • STPM: Minimum CC.
  • UEC: Pass with minimum 5Bs including Mathematics and a pass in English.
  • A Level: Minimum DD.
  • AUSMAT (SACEi): Minimum ATAR 60.
  • Canadian Pre-University (CPU): Minimum average of 60% in 6 subjects.
  • International Baccalaureate (IB): Minimum of 24 points for 6 subjects.
  • Monash University Foundation Year (MUFY): Overall 50%.
  • Other Equivalent Qualifications: Recognized by the Malaysian Government.

Career Opportunities

  • Actuarial Analyst
  • Accountant
  • Auditor
  • Budget Analyst
  • Economist
  • Mathematician
  • Statistician
  • Personal Financial Advisor
  • Forensic Accountant
  • Chartered Accountant

Highlights

  • Duration: 3 or 4 years
  • Intakes: February, April, September
  • Accreditation: Recognized by IFoA (UK), SOA (USA), and CAS
  • Internship: Opportunity for a 12-month internship in the third year
  • Overseas Transfer Options: United Kingdom (UK)

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