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BSc (Hons) in Actuarial Studies Fees Structure, Admission, Intake, Deadline

  Study Mode FULL TIME
  Level UNDER-GRADUATE
  Duration 3 year
  Intake JAN,APR,AUG
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Entry Requirement

Entry Requirement of BSc (Hons) in Actuarial Studies in Sunway University Malaysia

STPM
Average C+ or CGPA 2.33 (minimum 2 Principals)

A-Level
Minimum 12 points (Minimum of Grade D from 2 subjects)

Australian Matriculation
ATAR 60

Canadian Matriculation
60%

Monash University Foundation Year
60%

Sunway Foundation in Arts
CGPA 2.0

Sunway Foundation in Science Technology
CGPA 2.0

Unified Examination Certificate
Maximum 26 points from 5 subjects (all Grade Bs)

International Baccalaureate
Completed with minimum 25 points (excluding bonus points)

Sunway Diploma Studies
CAVG 50% or CGPA 2.0
* Students may obtain advanced standing if credit transfer requirements are met.

Other Qualifications
Any other equivalent qualifications
Applicant with no standard qualification will be considered on a case-to-case basis

English Language Requirements

IELTS or equivalent 6.0
PTE Academic 50 overall (minimum 46 in each skill)
MUET Band 4
SPM English B3 or B+
UEC English B4
O-Level English (1119) Credit

Professional Pathways & Exemptions

IFoA

Our programme is accredited by the Institute and Faculty of Actuaries (IFoA), UK. Students in our programme are eligible for exemptions from 6 IFoA papers, which are: CS1, CS2, CM1, CM2, CB1, and CB2.

Career Opportunity

Career Opportunity of BSc (Hons) in Actuarial Studies in Sunway University Malaysia

  • Actuarial reserving analyst
  • Catastrophe risk analyst
  • Chief actuary in casualty insurance/health/life/property
  • Chief executive officer
  • Chief financial officer
  • Financial risk manager
Course Outline

Course Outline of BSc (Hons) in Actuarial Studies in Sunway University Malaysia

YEAR 1

  • Principles of Financial Accounting
  • Introductory Economics
  • Programming Principles
  • Calculus
  • Linear Algebra & Applications
  • English for Business
  • Principles of Business Finance
  • Introduction to Probability
  • Advanced Calculus
  • Theory of Interest

YEAR 2

  • Derivative Securities I
  • Life Contingencies I
  • Introduction to Statistics
  • Financial Management
  • Communication Skills
  • Derivative Securities II
  • Life Contingencies II
  • Mathematical Methods
  • Risk Theory

YEAR 3

  • Simulation & Credibility Theory
  • Survival Models
  • Ratemaking & Loss Reserving for General Insurance
  • Life Insurance & Takaful
  • Community Project
  • Regression Analysis
  • Internship

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