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Bachelor (Hons) in Actuarial Studies

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Sunway University

Bachelor (Hons) in Actuarial Studies

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Sunway University

Bachelor (Hons) in Actuarial Studies

Qualification
Bachelor's Degree
Duration
3 years
Intake
JanJanAprAprSepSep
English Requirement
IELTS 6.0
Offer Letter
Free
Class Type
Physical
Course Fee for International Students
First year from MYR 34,250 excludes 6% SST & other fees
Estimated total tuition from ~MYR 90,900 3 years programme
Published fees don't include possible scholarships and YourUni discounts — most students pay less than the sticker price.

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The Bachelor (Hons) in Actuarial Studies Program at Sunway University Malaysia is designed to prepare students for a career as an actuary in the financial services industry. The program covers mathematical and statistical techniques, and students are prepared for professional actuarial exams for global recognition.

Future Careers

  • Actuarial reserving analyst
  • Catastrophe risk analyst
  • Chief actuary in casualty insurance/health/life/property
  • Chief Executive Officer
  • Chief financial officer
  • Financial risk manager

Year 1

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

Year 2

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

Year 3

  • Community Project
  • Internship
  • Ratemaking & Loss Reserving for General Insurance
  • Regression Analysis
  • Simulation & Credibility Theory
  • Social & Professional Responsibilities
  • Survival Models

Electives (choose any 3 in Year 3)

  • Advanced Actuarial Mathematics and Finance
  • Advanced Actuarial Statistics
  • Design of Experiments
  • Discrete Mathematics
  • Financial Risk Management
  • Life Insurance and Takaful
  • Multivariate Analysis
  • Risk-Based Capital Modelling for Non-life Insurers
  • Research Project
  • Stochastic Processes
  • Time Series & Forecasting

Additional MOHE compulsory General Studies subjects

For International Student

  • Malay Language for Communication 2
  • Appreciation of Ethics and Civilisation
  • Community Project
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