Master of Science in Actuarial Science with a specialism in Economics

Asia Pacific University of Technology & Innovation (APU)

Bukit Jalil, Kuala Lumpur, Malaysia

Quick Facts

Duration

1 year

Mode

Full-time, On-campus

Intake

Nov

Tuition Fees

RM38,800

Entry Requirements

  • Bachelor’s degree:
    • Bachelor’s degree in Actuarial, Mathematics, Statistics or Computing with a minimum CGPA of 2.75, or its equivalent qualification as accepted by the Senate
    • Bachelor’s degree in Actuarial, Mathematics, Statistics or Computing with a minimum CGPA of 2.50 and not meeting a CGPA of 2.75 can be accepted, subject to a rigorous internal assessment
    • Bachelor’s degree in Actuarial, Mathematics, Statistics or Computing with CGPA less than 2.50 as accepted by the Senate and a minimum of 5 years of working experience in a relevant field may be accepted
    • Bachelor’s degree in Finance or Economics with a minimum CGPA of 2.75 as accepted by the Senate, subject to passing pre-requisite courses
    • Bachelor’s degree in Finance or Economics with a minimum CGPA of 2.50 as accepted by the Senate and a minimum of 5 years of working experience in a relevant field may be accepted, subject to passing pre-requisite courses
    • Bachelor’s degree in non-related fields with a minimum CGPA of 2.75 and a minimum of 5 years of working experience in the related fields as accepted by the Senate, subject to passing the pre-requisite courses, professional courses, or accredited micro-credentials program

Course Structure

  • Pre-Requisite Modules (For Non-Actuarial Students)
    • Duration: 1 month (Full-time) / 2 months (Part-time)
      • Introduction to Actuarial Mathematics
      • Statistics
  • Core Modules: 
    • Data Analytical Programming
    • Professional Communication
    • Actuarial Practice I
    • Risk Modelling and Survival Analysis I
    • Actuarial Statistics I
    • Actuarial Mathematics I
    • Modelling in Actuarial and Analytics
    • Actuarial Practice II
    • Financial Engineering and Loss Reserving I
    • Application in Industry Practices
    • Industry-Based Project
  • Specialisation Modules: 
    • Managerial Economics
    • Econometrics and Casual Inference
    • Economics for Business Analytics and Decision Science
    • Global Economic Policy

Estimated Fees

Application fees (non-refundable)

RM0

Tuition fees

RM38,800

Other miscellaneous fees

RM1,300

Discounts & scholarships

-RM800

  • Exclusive
  • Waiver

Total payable amount

RM39,300

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Other savings

Up to RM3,880

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