Bachelor of Actuarial Science

University of Malaya's Open Channel

Bachelor of Actuarial Science

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The program aims to produce graduates with (sound) knowledge of actuarial and financial mathematics, capable of critical thinking and problem solving; those who can adapt to diverse environment and contribute significantly in various professions.

Benefits

At the end of the program, graduates with B.Sc. in Actuarial Science are able to:

Explain the principles and concepts of actuarial science, finance, statistics and mathematics.
Apply actuarial science, finance, statistics and mathematics concepts to solve real-world problems.
Conduct professional activities with good social skills and demonstrate a sense of responsibility.
Practice characteristics associated with professionalism and ethical responsibility in analyzing real life phenomena.
Communicate using critical thinking with effective, accurate and relevant concepts, and exhibit team work and leadership skills.
Convert problems into mathematical and statistical models, and develop scientific strategies to obtain solutions;
Engage in life-long learning to advance knowledge and applications of actuarial science, finance, statistics and mathematics;
Apply managerial and entrepreneurial skills to manage resources needed to complete a task.

Career Opportunity

Course Structure

Intake Schedule

Programme Duration

Entry Requirements

A Malaysian candidate who wishes to pursue a programme of study at the University of Malaya must fulfill the University's entry requirements as follows:

Passed the Sijil Pelajaran Malaysia (SPM) with a credit (Grade C) in Bahasa Melayu/Bahasa Malaysia subject or a credit (Grade C) in Bahasa Melayu/Bahasa Malaysia July paper and pass in History (SPM 2013 and above); and
Achieve a minimum Band in the Malaysian University English Test (MUET) as required in special requirements of the programme; and
Fulfilled any of the programme Special Entry Requirements as below:

Special Entry Requirements

STPM (Current Year)

MATRICULATION/ FOUNDATION

Science Stream

Passed the STPM with at least a CGPA of 3.50; and

Obtained at least Grade A- in STPM level in the following subjects:
Mathematics T / Mathematics T;

and

Obtained at least Grade B+ (CGPA 3.33) in STPM level for any one (1) of the following subjects:

Biology
Physics
Chemistry

and

Obtained at least Band 2 in MUET

Science Stream

Passed the Matriculation/Foundation with at least a CGPA of 3.50;

and

Obtained at least Grade A- in Matriculation/Foundation in the following subjects:

Mathematics;

and

Obtained at least Grade B+ in Matriculation/Foundation program for any one (1) of the following subjects:

Biology
Physics/Engineering Physics
Chemistry/Engineering Chemistry

and

Obtained at least Band 2 in MUET

DIPLOMA/EQUIVALENT

OTHER REQUIREMENTS

Science Stream

REQUIREMENT 1

Possess a Diploma in related fields from Public University / other institutions recognized by the Government of Malaysia and approved by the University’s Senate with at least CGPA 3.50;

and

Obtained at least Band 2 in MUET

OR

REQUIREMENT 2

Passed the STPM not in current year with at least CGPA 3.50 and fulfils the program specific requirements as follows:

Obtained at least Grade A- in STPM level in the following subjects:

Mathematics T / Mathematics T;

and

Obtained at least Grade B+ (CGPA 3.33) in STPM level for any one (1) of the following subjects:

Biology
Physics
Chemistry

and

Obtained at least Band 2 in MUET

OR

REQUIREMENT 3

Passed the Matriculation/ Foundations not in current year with at least CGPA 3.50 and fulfils the program specific requirements as follows:

Obtained at least Grade A- in STPM level in the following subjects:

Mathematics;

and

Obtained at least Grade B+ (CGPA 3.33) in STPM level for any one (1) of the following subjects:

Biology
Physics/Engineering Physics
Chemistry/Engineering Chemistry

and

Obtained at least Band 2 in MUET

Science Stream

REQUIREMENT 1

Passed the GCE A-Level with at least grade B in the following subjects:

Mathematics/Further Mathematics; and

and

any one (1) of the following subjects:

Biology
Chemistry
Physics
Mathematics/Further Mathematics

and

Obtained at least Band 2 in MUET

or

Obtained at least Band 4 in IELTS (Academic)

or

Obtained score of at least 437-473(PBT) /123-150(CBT)/ 41-52(IBT) in TOEFL.

and

Passed the interview

NOTE: Candidates may apply using Advanced Subsidiary (AS) examination results. A-Level examination results should be submitted later once it has been obtained.

OR

REQUIREMENT 2

Possess the International Baccalaureate Diploma (IB) with at least 30 point score and obtained at least grade 5 (Higher Level) in the following subjects:

Mathematics/Further Mathematics; and

and

any one (1) of the following subjects:

Biology
Chemistry
Physics
Mathematics/Further Mathematics

and

Obtained at least Band 2 in MUET

or

Obtained at least Band 4 in IELTS (Academic)

or

Obtained score of at least 437-473(PBT) /123-150(CBT)/ 41-52(IBT) in TOEFL.

and

Passed the interview

Fees

Courses	Credits
a. University Courses	22
b. Core Courses (83 Credits)
1. Faculty Core Courses (TF)	8
2. Programme Core Courses (TP)
Level 1	17
Level 2	26
Level 3	16
Level 4	16
c. Elective Courses (40 Credits)
1. Program Elective Courses (EP)	31
2. Faculty Elective Courses (EF)	9
TOTAL	145

INSTITUTION	LEVEL OF STUDY	ANNUAL FUNDING AMOUNT
		Maximum (RM)	75% (RM)	50% (RM)
PUBLIC UNIVERSITIES, POLYTECHNICS & COMMUNITY COLLEGES	Bachelor’s Degree (Science)	6,650	4,990	3,330
PUBLIC UNIVERSITIES, POLYTECHNICS & COMMUNITY COLLEGES	Bachelor’s Degree (Arts)	6,180	4,630	3,090

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Bachelor of Actuarial Science

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