BSc (Hons) Actuarial Science - Kuala Lumpur at UCSI University

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UCSI University

Based on the principles of boldness, perseverance, integrity, and excellence, UCSI University is a leading higher education institution with branches in Kuala Lumpur, Terengganu, and Sarawak, Malaysia. Our college is equipped with the most advanced facilities to meet the needs of students, offering a wide range of academic courses, from medicine, pharmacy, nursing, engineering, and architecture to music, multimedia, education, liberal arts, and hospitality.

Course Information

Academic Qualification
Bachelor
Duration
3.0 years
Intake
January, May, September
English Requirement
5.5
Class Type
Full Time
Offer Letter
Free

Yearly Tuition Fees

First Year
24,810
MYR
Second Year
26,090
MYR
Third Year
27,560
MYR
Total Tuition Fees 78,460 MYR

Other Fees

Application Fees + Visa 3,100 MYR
Refundable Deposit 1,000 MYR
International Administration fee 4,200 MYR
Registration fee 450 MYR
Facilities fee 650 MYR
Total Additional Fees 9,400 MYR
Grand Total (All Fees) 87,860 MYR

Course Overview

The BSc (Hons) Actuarial Science at UCSI University in Kuala Lumpur equips students with analytical, statistical, and risk management skills, preparing graduates for roles such as Actuarial Executive, Enterprise Risk Analyst, and Financial Analyst.

Program Structure

  • Year 1: Foundational courses including Calculus and Analytical Geometry, Statistics and its Applications, Business Accounting, Microeconomics, and Probability Theory.
  • Year 2: Intermediate topics such as Mathematical Statistics, Mathematics of Interest Rates, Life Contingencies 1, and Applied Statistical Models.
  • Year 3: Advanced subjects including Mathematics of Financial Derivatives, Life Contingencies 2, Loss Models, and Stochastic Calculus for Insurance and Finance, culminating in an Independent Project.

Entry Requirements

  • SPM: Pass with a minimum of 5 credits.
  • O-Level: Minimum 5 credits (C).
  • UEC: Pass with a minimum of 3 credits (B6).
  • Other qualifications: Equivalent to STPM/A-Level with a minimum overall average of 50%.
  • English Language Requirements: MUET Band 4, IELTS Band 5.5, or equivalent.

Career Opportunities

  • Actuarial Executive
  • Enterprise Risk Analyst
  • Bank Executive
  • Financial Analyst
  • Financial Planning Advisor
  • Entrepreneur

Highlights

  • Duration: 3 years
  • Location: Kuala Lumpur
  • Professional Recognition: Recognized by the Society of Actuaries (SOA), USA, and the Institute and Faculty of Actuaries (IFoA), UK.
  • Co-Operative Education Training Programme: Integrates classroom learning with workplace training, providing up to six to eight months of work experience upon graduation.

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