Bachelor of Actuarial Science with Honours

The Actuarial Science Program was started in 1988 under the Statistics Department, Centre of Quantitative Studies. Currently the program is placed under the Department of Mathematical Sciences, Faculty of Science and Technology.
Students enrolling in the Actuarial Science Program will receive a solid background in actuarial science knowledge. The program offers a variety of courses in mathematics, statistics, computing, insurance, finance and others. The Actuarial Science Program also offers fundamental syllabus for students to sit for professional exams acknowledged by the professional bodies from overseas such as the Society of Actuaries (USA), the Casualty Actuarial Society (CAS) and the Institute of Actuaries (UK). The program prepares graduates for careers in the areas of actuarial, insurance, finance, risk management, banking and other quantitative areas.
Several courses offered by the Actuarial Science Program in Universiti Kebangsaan Malaysia such as STQA1013 Basic Economics I, STQA1023 Basic Economics II, STQA2223 Basic Accounting and Finance and STQS2023 Statistical Techniques have been approved credits by the Validation of Educational Experience (VEE) of the Society of Actuaries (USA), the Casualty Actuarial Society (USA) and the Canadian Institute of Actuaries (Canada).

Year 1
- Semester 1

  • Basic Economics I
  • Calculus I
  • Foundations in Mathematics
  • Introduction to Data & Probability
  • Time Management
  • E-Sport
  • English Pronunciation
  • Fundamental Of Management

- Semester 2

  • Basic Economics II
  • Calculus II
  • Linear Algebra
  • Computer Programming
  • Fundamentals of Entrepreneurship & Innovation
  • Data Management and Analytic
  • Academic Literacy

Year 2
- Semester 1

  • Mathematics Statistics
  • Introduction to Insurance & Takaful
  • Mathematics of Finance
  • Philosophy & Current Issues
  • Volunteerism and Social Service
  • Emotional Management

- Semester 2

  • Statistical Techniques
  • Basic Accounting & Finance
  • Actuarial Mathematics I
  • Malay Language Communication
  • Leadership & Interpersonal Skill
  • Computer, Ethics & Social
  • Speak to Persuade

Year 3
- Semester 1

  • Statistical Modelling
  • Numerical Methods
  • Investment Analysis & Portfolio Management I
  • Actuarial Mathematics II
  • Professional Communication

- Semester 2

  • Difference & Differential Equations
  • Investment Analysis & Portfolio Management II
  • Survival Model
  • Final Year Research Project I
  • Issues in Actuarial Science
  • Fundamental Of Marketing

Year 4
- Semester 1

  • Actuarial Control and Planning
  • Risk Theory
  • Final Year Research Project II
  • Stochastic Process in Actuarial Science

- Semester 2

  • Industrial Training

 

Program Entry Program Requirement

High School Certificate

70% and above for overall result and obtained at least C grade for following subjects:

  1. Mathematics
  2. Economy/Business/Accounting/Physics/Chemistry/Biology

Advanced Level (A-Level)

Have at least CCC or 96 UCAS Tariff Points (A to D only) in following subjects:

  1. Mathematics.
  2. Economy/Business/Accounting/Physics/Chemistry/Biology

International Baccalaureate (IB)

Have at least 25 overall marks. Obtained at least a score of 4 in two (2) high level subjects (HL):

  1. Mathematics.
  2. Any other subject.

English requirement

5.0 IELTS, 40 TOEFL (IBT), LOW 7 HEET Or equivalent

Additional requirement

Pass the tests and interviews set by the faculty

Applications for full time study programmes  must be submitted via Online Application.

Application form for students: https://www.ukm.qa/apply-online/