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Bachelor of Science Economics and Actuarial Science

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University of Southampton Malaysia

Bachelor of Science Economics and Actuarial Science

university icon
University of Southampton Malaysia

Bachelor of Science Economics and Actuarial Science

Qualification
Bachelor's Degree
Duration
3 years
Intake
MarMarJulJulSepSep
English Requirement
IELTS 6.0
Offer Letter
Free
Class Type
Physical
Course Fee for International Students
Yearly Tuition fees
Year Fee
No data
Other Fees
Description Fee
No data

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University of Southampton Malaysia ?

The Bachelor of Science in Economics and Actuarial Science program at the University of Southampton Malaysia offers a unique and comprehensive degree that combines the disciplines of economics and actuarial science. This program stands out as the only one of its kind in the UK, providing students with a specialized skill set in assessing risk and uncertainty using mathematical and statistical methods, while also gaining a deep understanding of economic principles. Through a curriculum that encompasses core modules in microeconomics, macroeconomics, and quantitative methods, students develop a strong foundation in both fields. The program offers flexibility through optional modules, allowing students to tailor their studies according to their interests and career aspirations. With access to state-of-the-art facilities like the behavioral economics laboratory and the Financial Laboratory (FinLab), students gain practical experience in a realistic trading room environment with detailed financial data. Graduates of the Bachelor of Science in Economics and Actuarial Science program are well-equipped for rewarding careers in industries such as insurance, finance, and risk management, where their expertise in both economics and actuarial science is highly valued.

Year 1 overview

Core modules will give you a foundation in mathematical and statistical techniques, such as:

  • optimisation
  • probability
  • hypothesis testing
  • quantitative modelling

You’ll also study macroeconomics to learn about measures of GDP, inflation and unemployment, and concepts used in microeconomics.

Year 2 overview

You’ll deepen your understanding in economics by taking compulsory modules in macroeconomics and microeconomics. You’ll also learn about econometric theory and 'big data', and financial mathematics.

You’ll choose one further module to complement your studies, with options including:

  • development economics
  • games
  • stochastic processes

Year 3 overview

You can choose to write a dissertation in an economics or demography topic of your choice. This is an opportunity to show that you can use relevant arguments and techniques, then apply them to your research.

You'll take further compulsory modules in macroeconomics or the principles of finance. Optional modules include:

  • international trade
  • choice and decision
  • survival models
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