Bachelor Degree

Bachelor (Hons) in Actuarial Studies

Social SciencesSunway University

Program Overview

The Bachelor of Science (Hons) in Actuarial Studies combines mathematics, statistics, finance and risk management, with a focus on applying mathematical and statistical techniques in the financial services industry. The programme develops analytical and quantitative skills and provides a foundation for professional actuarial examinations. Students can also pursue professional pathways connected with international actuarial bodies. For students planning to study in Malaysia, the programme provides an opportunity to pursue a Malaysia degree from Bangladesh in actuarial studies.

Admission Requirements

STPM Average C+ or CGPA 2.33 with minimum 2 principals, A-Level minimum 12 points with minimum Grade D from 2 subjects, Australian Matriculation ATAR 60, Canadian Matriculation 60%, Monash University Foundation Year 60% Sunway Foundation in Arts CGPA 2.0, Sunway Foundation in Science & Technology CGPA 2.0, UEC maximum 26 points from 5 subjects with all Grade Bs, International Baccalaureate minimum 25 points excluding bonus points, Sunway Diploma CAVG 50% or CGPA 2.0, APEL.A Certificate (APEL T-6) Credit in Mathematics at SPM or equivalent, IELTS or equivalent 6.0, MUET Band 4, SPM English B, UEC English B6, O-Level English (1119) Credit, Sunway Intensive English Programme (IEP) Pass Level 4 with minimum 65%, ESL/English Satisfactory level in Pre-University programmes where the medium of instruction is English

English Language Requirements

IELTS 6.0

Curriculum Structure

Year 1

Advanced Calculus
AI Foundation and Applications
Calculus
Fundamentals of Accounting
Introduction to Probability
Linear Algebra & Applications
Principles of Business Finance
Principles of Economics
Programming Principles
Theory of Interest

Year 2

Derivative Securities I
Derivative Securities II
Essentials of Employability
Introduction to Statistics
Life Contingencies I
Life Contingencies II
Mathematical Methods
Risk Theory
Free Elective I

Year 3

Ratemaking & Loss Reserving for General Insurance
Regression Analysis
Simulation & Credibility Theory
Stochastic Processes
Free Elective 2
Internship

Elective

Advanced Actuarial Statistics
Advanced Actuarial Mathematics & Finance
Survival Models
Time Series & Forecasting
Multivariate Analysis
Machine Learning Techniques for Data Mining
Design of Experiments
Categorical Data Analysis
Research Project
Discrete Mathematics
Financial Risk Management

Career Prospects

Actuarial Reserving Analyst, Catastrophe Risk Analyst, Chief Actuary in Life/Health/Property and Casualty Insurance, Chief Executive Officer, Chief Financial Officer, Financial Risk Manager

Key Information

Duration

3 years

Intake

Feb, Apr, Sep

Mode

Full-time

Fees Breakdown

1st YearMYR 35,400

2nd YearMYR 36,900

3rd YearMYR 29,700

International Administrative Fee (Yearly)MYR 2,250

Student Resource Fee (Yearly)MYR 3,750

Student Resource Fee (Yearly)MYR 3,100

Others Cost

Deposit (refundable)MYR 1,000

Enrolment Fee (non-refundable)MYR 700