Sunway University

Overview of MSc in Actuarial Science (By Research) in Sunway University Malaysia

The MSc in Actuarial Science covers a broader scope in research areas of actuarial and mathematical sciences, embedding the most urgent and current issues facing the actuarial and financial world.

The current world financial ecosystem needs to embrace the uncertainty and hazards in a changing environment, characterised by numerous unpredictable events such as climate change, natural disasters and financial crisis. Unpredictable damage brought about by the occurrence of such events can have a deep impact on the actuarial and finance industries, particularly in the area of insurance and reinsurance. Graduates of the MSc in Actuarial Science will gain competence in research skills in areas such as catastrophe modelling, disaster management, corporate failure, financial crisis, longevity and morbidity risk, pension planning and pricing of insurance/reinsurance products. You will also be equipped with skill sets to embark on careers in financial management, insurance/reinsurance and other risk-related analysis.

The MSc in Actuarial Science programme empowers students with a competitive edge in research through in-depth training mediated by experts. As a postgraduate student, you will be integrated as members of our research groups at Sunway University with various opportunities to participate in research alongside supervisors through seminars, workshops, laboratory and field work.

You will learn how to research the literature and to plan and manage a research project. The skills and attributes you gain in critical thinking, project management and report writing will help you to achieve your career potential.

Career Opportunity of MSc in Actuarial Science (By Research) in Sunway University Malaysia

Graduates may enter careers in actuary, academia, consulting or research, as well as undertake specialist roles in areas related to insurance, finance, and business.

Entry Requirement of MSc in Actuarial Science (By Research) in Sunway University Malaysia

Bachelor’s Degree

• A Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Quantitative Analysis or related area with minimum CGPA of 2.75 or equivalent

Other Qualifications

• Any other qualifications will be considered on a case-to-case basis

English Language Requirements
(For International Applicants)

IELTS 6.0;
TOEFL 550 (paper-based), 213 (computer-based), or 80 (internet-based);
PTE Academic 50 overall (minimum 46 in each skill)
Cambridge English (First) 75+
Cambridge English (Advanced) Minimum 67