About the Program
Due to the importance of their roles in managing risk and ensuring financial stability, actuaries need agile mathematical minds and razor-sharp analytical skills. On top of strong technical skills, the Faculty’s Actuarial Science programme stands out for giving its students the long-term edge in their careers by preparing them for the examinations of professional boards such as the Society of Actuaries (SoA). Many of our students have passed four out of the five preliminary SoA examinations during their undergraduate study with UCSI.
Duration of Study
Course Mode
Full-time
Course Location
Intakes
Career Prospect
- Actuarial Executive
- Enterprise Risk Analyst
- Bank Executive
- Financial Analyst
- Financial Planning Advisor
- Entrepreneur
Subjects Offered
Year 1
- Statistics and its Application
- Business Accounting
- Risk Management and Insurance
- Mathematics 1
- Probability Theory
- Microeconomics
- Macroeconomics
- Co-Operative Placement 1
Year 2
- 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
Year 3
- 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
Entry Requirement
ACADEMIC 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
ENGLISH LANGUAGE REQUIREMENTS
TOEFL IBT
46
Pearson Test of English
51
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