QIU: Bachelor of Science (Honours) Actuarial Sciences

Course Highlights

Accredited and recognised by SOA (USA), Casualty Actuarial Society (CAS), Canadian Institute of Actuaries (CIA), Certified in Quantitative Risk Management (CQRM) by the International Institute of Professional Education and Research (IIPER) and the Malaysia Financial Planning Council (MFPC)
The only Actuarial Science programme in Malaysia offering 4 specialisation in Financial Planning, Data Science, Banking and Islamic Finance
The programme grants 3 VEE credit exemptions, with curriculum that covers all six SOA examinations
Exempted for up to 6 out of 7 modules under the Registered Financial Planner (RFP)

Course Structure

Year 1

Year 2

Theory of Probability
Actuarial Mathematics
Risk Modelling
Regression Analysis
Risk Analysis
Operations Research
Survival Models
Life Contingencies I
Portfolio Management and Applications
Actuarial Modelling I
Advanced Calculus and Differential Equation
Investment Planning and Analysis

Year 3

Industrial Training
Project I
Project II
Actuarial Modelling II
Stochastic Methods for Actuarial Science
Life Contingencies II

Overview

General Studies Subjects:

Penghayatan Etika dan Peradaban
Philosophy and Current Issues
Communication Skills/Bahasa Kebangsaan A
Media and Community
Community Service

University Courses:

English for Academic Purposes
Devices, Networks & Applications
Disciplined Entrepreneurship
Design Thinking
Co-curriculum

Electives

Specialisation Financial Planning

Retirement Planning
Islamic Financial Planning
Tax Planning and Analysis

Data Science

Database System
Data Mining and Warehousing
Business Intelligent

Banking

Money and Banking Management
Credit Analysis and Lending
Banking Operations and Treasury Management

Islamic Finance

Retirement Planning
Islamic Financial Planning
Islamic Investment

Entry Requirements

Matriculation/Foundation: Pass QIU foundation in Business/Science Programmes with CGPA 2.0 OR
Pass South Australian Matriculation Programme (SAM)/Australian Matriculation Programme (AUSMAT)/University of New South Wales (UNSW) Foundation/Monash University Foundation Year (MUFY)/Canadian International Matriculation Programme (CIMP)/Canadian Pre-University (CPU) OR
Pass Matriculation/Foundation/Asasi from any IPTA/IPTS/Institution that is allowed to offer pre-university programme with a minimum CGPA of 2.00;
General Certificate of Education Advanced ("A") Level: Pass A Level/New South Wales Higher School Certificate (NSW HSC) with passes in 2 subjects
STPM: Pass with two full passes in 2 subjects and with a credit in Mathematics at Sijil Pelajaran Malaysia (SPM) level
STAM: Pass with a minimum Jayyid Rank in 2 subjects and with a credit in Mathematics at the Sijil Pelajaran Malaysia (SPM) level
UEC: Pass with at least grade B in five (5) subjects including Mathematics
Recognised Diploma in a related field: Pass Diploma in a related field of study with a minimum CGPA of 2.5. Candidates with CGPA below 2.5 but above 2.0 may be admitted subject to rigorous internal assessment process OR
Pass Diploma in any other field with a minimum CGPA of 2.5 and with a credit in Mathematics at Sijil Pelajaran Malaysia SPM (or equivalent) level
Other Qualifications: Pass International Baccalaureate with average grade point 2.0 based on three advanced level subjects. A minimum total point is 20, excluding bonus points OR
Other qualifications will be assessed based on Senate's recommendation and referred to MQA for approval on a case by case basis.