Quick Facts
Duration
3 years
Mode
Full-time, On-campus
Intake
Jan, Sep
Tuition Fees
RM135,720
Course Highlights
- Accredited by the Royal Statistical Society and the Society of Actuaries (SOA) under UCAP-AC, which is the highest level of recognition in Malaysia
- Mirrors the highly successful BSc Actuarial Science degree offered in the UK, which is accredited by the UK Actuarial Profession
- Full accreditation from IFoA with the maximum exemptions of 6 papers in the new IFoA curriculum
- A truly global university with an option to transfer to campuses in the UK and Dubai
Course Structure
- Probability and Statistics A
- Probability and Statistics B
- Linear Algebra
- Actuarial and Financial Mathematics A
- Actuarial and Financial Mathematics B
- Multivariable Calculus and Real Analysis A
- Multivariable Calculus and Real Analysis B
- Algorithmic and Scientific Programming
Optional and elective courses available for Year 1 include:
- Finance and Financial Reporting
- Operations Management
- Life Insurance Mathematics A
- Life Insurance Mathematics B
- Stochastic Processes
- Survival Models
- Derivative Markets and Discrete-time Finance
- Statistical Models A
- Statistical Models B
- Portfolio Theory & Asset Models
- Students typically take Introductory Economics, Continuous-time Finance, Risk Theory, and Time Series Analysis and can choose from a range of options such as Statistics for Social Science, Bayesian Inference and Computational Methods, Statistical Machine Learning and Optimisation.
Entry Requirements
- Heriot-Watt University Malaysia Foundation in Science: ABBC - A in Mathematics, B in any other 2 subjects, C in Academic English/Study Skills
- Heriot-Watt University Malaysia Foundation in Business: ABBC - A in Mathematics, B in any other 2 subjects, C in Academic English/Study Skills
- A Level/STPM: ABB including A in Mathematics
- UEC: 8 points or less including A1 in Mathematics and Advanced Mathematics (5 subjects not less than B grade)
- WACE/SACE: ATAR 90
- SMA 3 (Indonesia): 8
- IB Diploma: 28 points (Minimum 6 in HL Mathematics: analysis and approaches)
- Diploma with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.
Any other relevant qualification with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.
15 points or less including A in Mathematics and Physics (5 subjects not less than B grade)
- IELTS Academic / IELTS Indicator: 6.5
- TOEFL iBT / Special Home Edition: 85
- TOEFL Essential (Online): 9.5
- Pearson PTE Academic: 68
- Cambridge (New): 176
- Cambridge (Old):
- FCE Grade A
- CAE Grade C
Estimated Fees
Application fees (non-refundable)
RM500
Tuition fees
RM135,720
Discounts & scholarships
-RM3,300
Total payable amount
RM132,920
You save RM3,300 when you apply with EduAdvisor!
Other savings
Up to RM13,572
Scholarships
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Amount
RM15,000 tuition fee waiver per year
Study Level
Bachelor's Degree
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
High Achiever's Scholarship for Undergraduate Programme
Amount
Up to RM12,000 tuition fee waiver per year
Study Level
Bachelor's Degree
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Amount
10% discount
Study Level
Foundation, Bachelor's Degree, PhD by Research, PhD by Coursework, Master's Degree by Coursework, Master's Degree by Research
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Leaders with Impact Scholarship
Amount
100% tuition fee and allowance of up to RM1,300 per month
Study Level
Foundation, Bachelor's Degree
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Foundation Progression Discount
Amount
RM5,000 discount per year
Study Level
Bachelor's Degree
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Amount
10% tuition fee waiver
Study Level
Foundation, Bachelor's Degree, PhD by Research, PhD by Coursework, Master's Degree by Coursework, Master's Degree by Research
Heriot-Watt University Malaysia (HWUM)
Putrajaya, Putrajaya
Amount
RM2,000 tuition fee waiver
Study Level
Foundation, Bachelor's Degree, PhD by Research, PhD by Coursework, Master's Degree by Coursework, Master's Degree by Research