Bachelor of Science (Hons) Actuarial Science

UCSI University

Cheras, Kuala Lumpur, Malaysia

Quick Facts


3 years


Full-time, On-campus


Jan, May, Jul, Sep

Tuition Fees


Course Highlights

  • Gain credits for all 3 VEE subjects from SOA (USA)
  • 100% graduate employability score in the MoHE's Graduate Employability 2020
  • Intern at some of the industry's biggest names like AIA, Alliance Bank, Great Eastern Life Assurance, Prudential BSN Takaful, Tokio Marine Life Insurance, Zurich Insurance and more
  • Overseas transfer option to University of Essex, UK

Course Structure

  • Statistics and its Application
  • Business Accounting
  • Risk Management and Insurance
  • Mathematics 1
  • Probability Theory
  • Microeconomics
  • Macroeconomics
  • Co-Operative Placement 1
  • Financial Management 1
  • Mathematical Statistics
  • Introduction to Stochastic Process
  • Applied Statistical Models
  • Mathematics of Interest Rate
  • Life Contingencies 1
  • Mathematics of Financial Derivatives
  • Visual Basic. Net
  • Co-Operative Placement 2
  • Loss Models
  • Life Contingencies 2
  • Independent Project 1
  • Stochastic Calculus for Insurance and Finance
  • Independent Project 2
  • Statistical Methods for Insurance
  • Credibility Theory
  • Co-Operative Placement 3
  • Fundamental of Marketing
  • Fundamentals of Management
  • Introduction to Internet Technologies
  • Accounting Information System
  • Business Modelling with Spreadsheet
  • Business Information System
  • Business Law
  • Corporate Finance
  • Actuarial Practice
  • Investment Portfolio Management

Entry Requirements

  • UCSI Foundation year: Minimum CGPA 2.0 including Mathematics
  • STPM: A pass in STPM with a minimum Grade (C) (CGPA 2.0) in any two subjects, and a pass in Mathematics and English at SPM level.
  • A Level: Minimum 2 principals (D) including Mathematics
  • UEC: Minimum 5 credits (B6) including Mathematics
  • National Matriculation: Minimum CGPA of 2.0 including Mathematics
  • International Baccalaureate (IB): Minimum score of 26 points in 6 subjects including Mathematics
  • Canadian Pre-U: Minimum average of 60% in 6 subjects inclusive of Mathematics
  • AUSMAT/HSC/SACE/TEE/WACE: Minimum average of 60% in 5 subjects inclusive of Mathematics
  • Other qualifications deemed equivalent to STPM/A Level by Malaysian Qualifications Agency: Minimum overall average of 60% including Mathematics
  • Diploma (Business-related): Minimum CGPA of 2.0 including Mathematics
  • Other equivalent qualifications: To be reviewed by the faculty on a case-to-case basis
  • MUET: Band 4
  • SPM English Language: Grade B+
  • SPM English Language 1119/O Level/IGCSE: Grade C
  • UEC English Language: Grade A2
  • IELTS: Band 5.5
  • TOEFL iBT: 46
  • Applicants who have an academic qualification from a higher learning institution which uses English Language as a medium of instruction can be granted an exemption from the University English requirements and MQA requirement.

Estimated Fees

Application fees (non-refundable)




Tuition fees


Other miscellaneous fees


Discounts & scholarships


  • Exclusive

Total payable amount


You save RM500 when you apply with EduAdvisor!

Other savings

Up to RM4,460

  • Grant