Bachelor of Science (Honours) Actuarial Science
Universiti Tunku Abdul Rahman (UTAR)
Kajang, Selangor, Malaysia
Quick Facts
Duration
3 years
Mode
Full-time, On-campus
Intake
Feb, Jun, Oct
Tuition Fees
RM50,400
Course Highlights
- Accredited by the IFoA (UK) and the SOA (USA)
- Opportunity for exemption of CS1 (Actuarial Statistics I), CB1 (Business Finance), CB2 (Business Economics) and CM1 (Actuarial Mathematics I) from the (IFoA)
- This programme is designed to meet the rapidly changing needs and challenges of the insurance and investment-related industries by aligning its syllabi with the professional examination requirements
- Ranked #109 in QS Asia University Rankings 2026 and #301-350 in THE Asia University Rankings 2026
Course Structure
- Basic Mathematics
- Calculus I
- Calculus II
- English for Professional Communications
- Financial Accounting I
- Financial Accounting II
- English for Professionals
- MPU 1*
- MPU 1**
- National Language/Other Language
- Probability and Statistic I
- Probability and Statistic II
- Programming Techniques for Data Processing
- Theory of Interest
- AS Elective Group I
- AS Elective Group III
- Financial Economics I
- Industrial Training
- Introduction to Risk Management and Insurance
- Introduction to Actuarial Mathematics
- Macroeconomics I
- Microeconomics I
- AS Elective Group I
- AS Elective Group I
- AS Elective Group III
- AS Elective Group III
- AS Elective Group IV
- AS Elective Project
- AS Elective Project
- Co-curriculum
- Sociology in Malaysian Context
- Sun Zi's Art of War and Business Strategies
AS Elective Group I - Choose 8 course(s)
- Actuarial Mathematics
- Advanced Database Systems
- Applied Nonparametric Statistics
- Applied Regression Analysis
- Credibility Theory
- Database System Fundamentals
- Financial Economics II
- Introduction to Ratemaking and Reserving
- Loss Models
- Mathematical Statistics
- Microeconomics II
- Operations Research I
- Predictive Modelling
- Statistical Decision
- Statistical Simulation for Insurance and Finance
- Stochastic Processes
- Time Series Analysis
AS Elective Group III - Choose 3 course(s)
- Business Finance
- Financial Statement Analysis
- Islamic Finance
- Portfolio Management
AS Elective IV - Choose 1 course(s)
- Academic Writing
- Applications of Artificial Intelligence
- Automation in the 4th Industrial Revolution
- Basic Professional Writing
- Communication in Interpersonal Relationship
- Confucianism and Modern Society
- Creative Thinking and Idea Generation
- Critical Reading and Thinking
- Cross Cultural Management
- Cross-Cultural Interactive Communication
- Digital Economy
- Electronic Commerce
- Experiential Research Skills (ERS)
- Oral Communication and Interpersonal Skills
- Principles of International Business
- Property Market Analysis
- Public Speaking and Oral Presentation
- Understanding Politics: State, Nation and Government
AS Elective Project - Choose 2 course(s)
- Actuarial Expository Project
- Actuarial Modelling
- Case Study on Insurance Practice
- Project I
- Project II
Entry Requirements
- STPM: Minimum 2 Passes of Grade C in the relevant subjects (including 1 Mathematics subject)
- A Level: Minimum 2 Passes of minimum Grade D in the relevant subjects (including 1 Mathematics subject)
- Unified Examination Certificate (UEC): Grade B in 5 relevant subjects (including 1 Mathematics subject)
- South Australian Matriculation (SAM): Australian Tertiary Admission Rank (ATAR) 70 and Grade B in 2 relevant subjects (including 1 Mathematics subject)
- Canadian Pre-University (CPU): Average of 70% in 2 relevant subjects (and 4 other subjects including 1 Mathematics subject)
- Foundation in Science, Universiti Tunku Abdul Rahman (UTAR)
- Foundation in Arts (Management and Accountancy Stream), Universiti Tunku Abdul Rahman (UTAR)
- Foundation from other Institutions of Higher Learning in the relevant field
- Matriculation Certificate, Ministry of Education in the relevant field
- Diploma Tunku Abdul Rahman University of Management and Technology (TAR UMT)
- Diploma from other Institutions of Higher Learning in the relevant field
- Other equivalent qualifications recognised by the Malaysian Government
- IELTS: 5.0
- TOEFL iBT: 42
- SPM English Language/O Level English Language: Credit
- MUET: Band 3
- Cambridge English/Linguaskill: 154
- UEC English Language: Grade B
Estimated Fees
Application fees (non-refundable)
RM0
Tuition fees
RM50,400
Other miscellaneous fees
RM3,600
Total payable amount
RM54,000
Scholarships
Universiti Tunku Abdul Rahman (UTAR)
Sungai Long, Selangor
UTAR Scholarship for Top Achievers (Undergraduate)
Amount
Up to 100% tuition fee waiver
Study Level
Bachelor's Degree
Universiti Tunku Abdul Rahman (UTAR)
Sungai Long, Selangor
Amount
Tuition fee waiver
Study Level
Bachelor's Degree
Universiti Tunku Abdul Rahman (UTAR)
Sungai Long, Selangor
UTAR Sports & Talent Scholarship
Amount
Up to 100% tuition fee waiver
Study Level
Foundation, Bachelor's Degree
Universiti Tunku Abdul Rahman (UTAR)
Sungai Long, Selangor
Tan Sri (Dr.) Lim Goh Tong - UTAR Scholarship Fund
Amount
Up to 100% tuition fee waiver
Study Level
Foundation, Bachelor's Degree