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.
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IntakesMay, Sep, Nov
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Total Estimated FeesRM79,300
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QualificationBSc (Hons) in Actuarial Studies
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CampusBukit Jalil, Kuala Lumpur
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IntakesMay, Sep, Nov
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Course Duration3 years
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Entry RequirementsA-Level: EE
STPM: CC (incl. Math)
UEC: 5 Bs (incl. Math)
Foundation: CGPA 2.50
Diploma: CGPA 2.50 -
Total Estimated FeesRM79,300
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ScholarshipsPre-University:
Up to 50% waiver -
Partner Universities Direct transfer availableDe Montfort University (UK)
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IntakesSep
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Total Estimated FeesRM132,260
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QualificationBSc (Hons) Actuarial Science
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CampusPutrajaya
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IntakesSep
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Course Duration3 years
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Entry RequirementsA-Level: AAB (incl. Math)
STPM: AAB (incl. Math)
UEC: 6 As (incl. A in Math & Advanced Math)
SAM / AUSMAT: ATAR 90
Foundation: CGPA 3.00 -
Total Estimated FeesRM132,260
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ScholarshipsPre-University:
Up to 30% waiver
Foundation / Diploma:
Up to 35% waiver -
Partner Universities Direct transfer availableHeriot-Watt University (UK and Dubai)
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IntakesJan, May, Sep
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Total Estimated FeesRM63,680
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QualificationBSc (Hons) Actuarial Science
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CampusKuala Lumpur
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IntakesJan, May, Sep
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Course Duration3 years
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Entry RequirementsA-Level: EE (incl. Math)
STPM: CC (incl. Math)
UEC: 5 Bs (incl. Math)
SAM / AUSMAT: ATAR 60 (incl. Math)
Foundation: CGPA 2.00 (incl. Math)
Diploma: CGPA 2.00 (incl. Math) -
Total Estimated FeesRM63,680
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ScholarshipsPre-University:
Up to 100% waiver
Foundation / Diploma:
Up to 100% waiver -
Partner Universities Direct transfer availableN/A
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IntakesJan, May, Oct
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Total Estimated FeesRM42,960
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QualificationBSc (Hons) Actuarial Science
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CampusSungai Long, Selangor
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IntakesJan, May, Oct
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Course Duration3 years
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Entry RequirementsA-Level: EE (incl. Math)
STPM: CC (incl. Math)
UEC: 5 Bs (incl. Math)
SAM / AUSMAT: ATAR 70 (incl. Math) -
Total Estimated FeesRM42,960
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ScholarshipsPre-University:
Up to 100% waiver
Foundation / Diploma:
Up to 100% waiver -
Partner Universities Direct transfer availableN/A
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IntakesJan, Mar, Jun, Aug
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Total Estimated FeesRM86,550
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QualificationBachelor of Science (Hons) Actuarial Studies
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CampusSubang Jaya, Selangor
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IntakesJan, Mar, Jun, Aug
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Course Duration3 years
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Entry RequirementsA-Level: EE
STPM: CC
UEC: 5 Bs
SAM / AUSMAT: ATAR 60
Foundation: CGPA 2.00
Diploma: CGPA 2.00 -
Total Estimated FeesRM86,550
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ScholarshipsPre-University:
Up to 100% waiver
Foundation / Diploma:
Up to 100% waiver -
Partner Universities Direct transfer availableN/A
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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:
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:
- Your Guide to an Actuarial Science Course in Malaysia
- 5 Practical Tips When Applying for College
- The Ultimate Guide to Choosing the Best College Programme (Part 1, Part 2, Part 3)
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!