Bachelor of Science (Hons) in Actuarial Studies
About
This program integrates various subjects focused on applying mathematical and statistical methods within the financial services industry. It is specifically designed to help students pursue a career as an actuary, preparing them for professional exams that lead to actuarial certification from a globally recognized actuarial body.
In addition to being available at Sunway University's main campus, the Bachelor of Science (Hons) in Actuarial Studies is now also offered at Sunway College Ipoh, in collaboration with Sunway University.
Click this link for more info.
Key facts
Qualification | Bachelor's Degree |
Study mode | Full-time |
Duration | 3 years |
Intakes | February, April, September |
Tuition (Local students) | RM 96,120 |
Tuition (Foreign students) | RM 96,120 |
Subjects
-
Actuarial Science
-
Mathematics
Duration
3 years
Tuition fees
Description | Local students | Foreign students |
---|---|---|
Tuition fee | RM 96,120 | RM 96,120 |
Miscellaneous fees | RM 12,200 | RM 18,950 |
Total estimated cost of attendance | RM 108,320 | RM 115,070 |
Estimated cost per year | RM 36,107 | RM 38,357 |
Miscellanous fees explained
Local students
Description | Amount |
---|---|
Enrolment Fee | RM 700 |
Deposit (refundable) | RM 700-RM 1,000 |
Foreign students
Description | Amount |
---|---|
Enrolment Fee | RM 700 |
Deposit (refundable) | RM 700-RM 1,000 |
Estimated cost as reported by the institution. There may be additional administrative fees. Please contact for the latest information.
Every effort has been made to ensure that information contained in this website is correct. Changes to any aspects of the programmes may be made from time to time due to unforeseeable circumstances beyond our control and the Institution and EasyUni reserve the right to make amendments to any information contained in this website without prior notice. The Institution and EasyUni accept no liability for any loss or damage arising from any use or misuse of or reliance on any information contained in this website.
Admissions
Intakes
Entry Requirements
STPM
- Average C+ or CGPA 2.33 (minimum 2 Principals)
A-Level
- Minimum 12 points (Minimum of Grade D from 2 subjects)
- Note: For A-Level points calculation
- A = 10 points B = 8 points C = 6 points D = 4 points E = 2 points
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
APEL.A
- An APEL.A Certificate (APEL T-6) (Recognition of Prior Learning)
- (Click on this link for further information on APEL.A)
Specific Requirements
- Credit in Mathematics at SPM or equivalent
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
- Sunway Intensive English Programme (IEP): Pass Level 4 with minimum 65%
- ESL/English: Satisfactory level in Pre-University programmes, where the medium of instruction is English
Curriculum
Year 1
- Advanced Calculus
- Calculus
- English for Business
- Introduction to Probability
- Linear Algebra & Applications
- Principles of Business Finance
- Programming Principles
- Theory of Interest
- Principles of Economics
- Fundamentals of Accounting
Year 2
- Communication Skills
- Derivative Securities I
- Derivative Securities II
- Introduction to Statistics
- Life Contingencies I
- Life Contingencies II
- Mathematical Methods
- Entrepreneurial Mindset & Skills
- Free Elective I
Year 3
- Regression Analysis
- Free Elective 2
- Internship
- Ratemaking & Loss Reserving for General Insurance
- Simulation & Credibility Theory
- Stochastic Processes
Electives (choose 3 in Year 3)
- Advanced Actuarial Mathematics & Finance
- Advanced Actuarial Statistics
- Design of Experiments
- Categorial Data Analysis
- Multivariate Analysis
- Research Project
- Risk Theory
- Survival Models
- Time Series & Forecasting
- Principles of Actuarial Control Cycle
- Predictive Analysis
- Machine Learning
Additional MOHE compulsory General Studies subjects
For Local Students
- Appreciation of Ethics and Civilisation
- Bahasa Kebangsaan A (applicable to students who did not sit for SPM or did not obtain a Credit in SPM Bahasa Melayu) OR Critical Thinking
- Community Service for Planetary Health
- Integrity & Anti-Corruption
- Philosophy and Current Issues
For International Students
- Appreciation of Ethics and Civilisation
- Community Service for Planetary Health
- Critical Thinking
- Integrity & Anti-Corruption
- Malay Language for Communication 2