Find & Compare Actuarial Science Degree Courses in Malaysia

Hone your analytical & problem-solving skills with an Actuarial Science Degree. Learn more about each institution’s Actuarial Science Degree and find out which university suits you best.

  • Institution
  • Campus
  • Intakes
  • Course Duration
  • Entry Requirements
  • Total Estimated Fees
  • Scholarships
  • Partner Universities Direct transfer available
  • logo-heriot-watt-malaysia
  • BSc (Hons) Actuarial Science
  • Intakes
    Sep
  • Total Estimated Fees
    RM122,900
  • Institution
    Heriot-Watt University Malaysia
  • Campus
    Putrajaya
  • Intakes
    Sep
  • Course Duration
    3 years
  • Entry Requirements
    A-Level: ABB
    STPM: ABB
    Foundation: CGPA 3.00
  • Total Estimated Fees
    RM122,900
  • Scholarships
    Pre-University:
    Up to 30% waiver for first year

    Foundation:
    Up to 35% waiver for first year
  • Partner Universities Direct transfer available
    Heriot-Watt University
  • logo-utar
  • BSc (Hons) Actuarial Science
  • Intakes
    Jan, May, Oct
  • Total Estimated Fees
    RM39,700
  • Institution
    Universiti Tunku Abdul Rahman (UTAR)
  • Campus
    Kajang, Selangor
  • Intakes
    Jan, May, Oct
  • Course Duration
    3 years
  • Entry Requirements
    A-Level: EE incl. Math
    STPM: CC incl. Math
    UEC: 5Bs incl. Math
    SAM / AUSMAT: ATAR 70 incl. B in Math & 1 other subject
  • Total Estimated Fees
    RM39,700
  • Scholarships
    Pre-University:
    Up to 100% waiver

    Foundation / Diploma:
    Up to 100% waiver
  • Partner Universities Direct transfer available
    N/A
  • logo-ucsi-university
  • BSc (Hons) Actuarial Science
  • Intakes
    Jan, May, Sep
  • Total Estimated Fees
    RM58,410
  • Institution
    UCSI University
  • Campus
    Kuala Lumpur
  • Intakes
    Jan, May, Sep
  • Course Duration
    3 years
  • Entry Requirements
    A-Level: EE incl. Math
    STPM: CC incl. Math
    UEC: 5Bs incl. Math
    SAM / AUSMAT: ATAR 65 incl. Math
    Foundation: CGPA 2.50
    Diploma: CGPA 2.00
  • Total Estimated Fees
    RM58,410
  • Scholarships
    Pre-University:
    Up to 100% waiver

    Foundation / Diploma:
    Up to 100% waiver
  • Partner Universities Direct transfer available
    N/A
  • logo-asia-pacific-university
  • BSc (Hons) Actuarial Science
  • Intakes
    Apr, May, Sep, Nov
  • Total Estimated Fees
    RM68,200
  • Institution
    Asia Pacific University of Technology & Innovation
  • Campus
    Bukit Jalil, Kuala Lumpur
  • Intakes
    Apr, May, Sep, Nov
  • Course Duration
    3 years
  • Entry Requirements
    A-Level: EE incl. Math
    STPM: CC incl. Math
    UEC: 5Bs incl. Math
    SAM / AUSMAT: ATAR 60 incl. Math
    Foundation / Diploma:
    CGPA 2.00
  • Total Estimated Fees
    RM68,200
  • Scholarships
    Pre-University:
    Up to 50% waiver
  • Partner Universities Direct transfer available
    N/A

FAQs about Studying a Actuarial Science Degree in Malaysia

What is Actuarial Science?

Actuarial Science is a discipline that uses statistical and mathematical methods to assess risks.

Actuarial Science is applied to analyse and plan for any potential undesirable occurrences in businesses (particularly in the banking and insurance industry). This enables businesses to prepare for any future events and plan strategically for the future.

A Degree in Actuarial Science will teach you the in-depth knowledge on assessing risks and how you can minimise costs associated with such risks. It will also lay a strong foundation for you to prepare for your professional exams to become an Actuary (with a few paper exemptions too!).

What is the minimum entry requirements for a Degree in Actuarial Science?

To pursue a Degree in Actuarial Science, the typical entry requirements are:

  • A-Level: Minimum 2Cs with credit in Mathematics; or
  • STPM: Minimum 2Cs with credit in Mathematics; or
  • Australian Matriculation: Minimum of ATAR 60 with credit in Mathematics; or
  • Foundation: Minimum CGPA of 2.5 with credit in Mathematics; or
You also need to have credit in Mathematics or Additional Mathematics at SPM, O-Level or equivalent.
 
That said, the entry requirements may vary depending on the university, so be sure to do your research!

What is your education pathway if you study Degree in Actuarial Science?

To pursue a Degree in Actuarial Science, you need to have an SPM qualification or equivalent and a Pre-U qualification. You must also meet the minimum entry requirements of the university.

A Degree in Actuarial Science is usually 3 years long.

Upon completing a Degree in Actuarial Science, you will have several options:

  • Enter the workforce immediately; or
  • Work and pursue your studies for professional exams at the same time; or
  • Pursue postgraduate studies in the relevant fields

What are your career prospects with a Degree in Actuarial Science?

Once you complete a Degree in Actuarial Science, you can consider the following job options:

  • Actuarial Executive
  • Bank Executive
  • Financial Risk Analyst
  • Financial Planning Advisor
  • Enterprise Risk Analyst

What should you consider when choosing a university?

Different students may have different preferences when it comes to choosing the right university. Here are some questions to consider when making a decision.

  • Is the institution’s Degree in Actuarial Science accredited by the Malaysian Qualifications Agency (MQA)?
  • Does the institution’s Degree in Actuarial Science give you any exemptions for professional actuarial exams, such as SOA, IFoA or CAS?
  • Do you understand the fees of the course, and are the costs affordable to you?
  • Are you comfortable with the location of the university?
  • Have you visited the campus, and do you like the campus environment and facilities?
  • What support services does the institution have to help you in and beyond university?

Should you study a Degree in Actuarial Science?

If you’re not sure if a Degree in Actuarial Science is right for you, here are some articles that may help you:

Alternatively, explore our list of course guides to see which speaks out to you.

If you are an SPM leaver and you’re deciding which Pre-University or Foundation course to study, check out our comprehensive pre-university course guides. Alternatively, take our Course Recommender Quiz and get suggestions on which pre-university course you should take!