UCSI UNIVERSITY · MALAYSIA
Bachelor of Science (Honours) Actuarial Science and Finance
Bachelor's · Taught in en
At a glance
36 mo
Duration
5.0
IELTS
€22k
Tuition / yr
en
Language
Bachelor's
Level
- 100%Graduate Employability Score (MOHE Graduate Employability 2022)
- First in MalaysiaTo offer a combined Actuarial Science and Finance degree
- Flexible SpecialisationChoose between Pure Actuarial Science or Actuarial Science and Finance after Year 1
- Professional AccreditationRecognition from Society of Actuaries (USA) and Institute and Faculty of Actuaries (UK)
- Industry-Relevant SkillsFocus on practical vocational skills for accounting, finance, and business
This unique programme in Malaysia integrates Actuarial Science and Finance, equipping you with essential skills for the financial industry, including financial investment management, asset valuation, and risk management. You'll gain practical knowledge relevant to the complex accounting, finance, and business sectors. The curriculum allows flexibility to focus on either actuarial professional qualifications or finance-related certifications, enhancing your career prospects.
Curriculum
The programme spans three years, with a combination of examinations, projects, and assignments. A Financial Research Project is required in the final year. Students will also undertake cooperative placements.
- Year 1
- Calculus and Analytical Geometry
- Statistics and its Applications
- Microeconomics
- Business Accounting
- Risk Management and Insurance
- Probability Theory
- Macroeconomics
- Introduction to Programming
- Financial Market and Institutions
- Managerial Accounting
- Cooperative Placement
- Year 2
- Mathematics I
- Mathematics of Interest Rates
- Mathematical Statistics
- Introduction to Stochastic Processes
- Financial Management 1
- Mathematics II
- Applied Statistical Models
- Elective 2
- Investment Analysis
- Cooperative Placement
- Year 3
- Independent Project I
- Mathematics of Financial Derivatives
- Elective 3
- Loss Models
- Financial Statement and Analysis
- Independent Project II
- Elective 1
- Elective 4
- Credibility Theory
- Stochastic Calculus for Insurance and Finance
- Treasury Management
- Bahasa Kebangsaan A (optional)
- Cooperative Placement
Careers
This programme prepares graduates for diverse roles in the corporate, insurance, and financial sectors, as well as government agencies. Further graduate studies in finance and investment are also supported.
- Actuary
- Risk Manager
- Investment Analyst
- Credit Manager
- Financial Analyst
- Treasurer
- Fund Manager
- Credit Analyst
- Financial Planner
- Investment Broker
- Investment Banker
- Financial Trader
Frequently asked questions
- What are the tuition fees for the Bachelor of Science (Honours) Actuarial Science and Finance programme for international students?
- The approximate total tuition fees for international students for this programme is RM 101,178. Please note that visa processing and administrative fees may vary, and a 6% service tax will be imposed on non-Malaysian citizens effective July 1, 2025.
- How long does the Bachelor of Science (Honours) Actuarial Science and Finance programme take to complete?
- The programme spans three years, consisting of examinations, projects, assignments, and cooperative placements.
- What are the English language requirements for international applicants?
- International applicants typically need an IELTS Academic score of 5.0, TOEFL iBT of 40, or an equivalent qualification. Applicants who do not meet these requirements may enroll in the English for Tertiary Education programme.
- What are the academic entry requirements for the programme?
- To be eligible, you need a minimum Grade C (CGPA 2.0) in STPM including Mathematics, or a minimum of 2 principals (D) in A-Level including Mathematics, or a minimum of 5 credits (B6) in UEC including Mathematics, among other equivalent qualifications.
- What career opportunities are available after graduating from this programme?
- Graduates are prepared for roles such as Actuary, Risk Manager, Investment Analyst, Financial Analyst, Fund Manager, and Investment Banker in the corporate, insurance, and financial sectors, as well as government agencies.
- Are there any scholarships available for this programme?
- UCSI University offers merit-based scholarships that vary in amount. Scholarships are competitive, and shortlisted applicants will be interviewed.
Entry requirements
UCSI Foundation YearMinimum CGPA 2.0 including Mathematics
STPMMinimum Grade C (CGPA 2.0) in any two subjects OR Grade C in two subjects inclusive of Mathematics
A-LevelMinimum 2 principals (D) including Mathematics
UECMinimum 5 credits (B6) including Mathematics
National MatriculationMinimum CGPA of 2.0 including Mathematics
International Baccalaureate (IB)Minimum score of 26 points in 6 subjects including Mathematics
Canadian Pre-UMinimum average of 60% in 6 subjects inclusive of Mathematics
AUSMAT/ HSC/SACE/TEE/WACEATAR score 60% OR minimum 60% average in 5 subjects inclusive of Mathematics
Other equivalent qualifications (to STPM/A-Level)Minimum overall average of 60% including Mathematics
Diploma (Business-related)Minimum CGPA of 2.0 including Mathematics
Other equivalent qualificationsTo be reviewed by the faculty on a case-to-case basis
IELTS Academic5.0
TOEFL iBT40
CEFRHigh B1
MUET3.5
Pearson Test of English47
Cambridge English Qualifications (B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency)154
Cambridge English Qualifications (Linguaskill Online)154
O-Level English/IGCSEC
Certified Intensive English Programme (CIEP) by ELSMinimum score of 107
Applicants who do not meet the English language requirements may enroll in the English for Tertiary Education programme. IELTS and TOEFL scores are for international students.
Fees
Tuition (international)RM 101,178 (approximate total fees)
Tuition (home)RM 75,580 (approximate total fees)
Living—
The total fees are estimates. Visa processing and administrative fees may vary. A 6% service tax will be imposed on non-Malaysian citizens effective July 1, 2025.
How to apply
1. Complete Online RegistrationFill out the Online Registration Form.
2. Submit DocumentsPost the completed Online Registration Form along with certified copies of your examination results (SPM, STPM, A-Levels, UEC, etc.), identification card, passport-sized photos, and any other supporting documents (e.g., English proficiency test scores).
3. Pay Registration FeeSubmit a crossed cheque, bank draft, or Telegraphic Transfer (TT) for the registration fee (RM 400 for this programme) payable to UCSI Education Sdn. Bhd. For TT payments, fax your full name and contact number to the Student Enrolment Centre.
4. Accommodation (Optional)If you require accommodation, complete the relevant Accommodation Application Form and submit it with your registration form.
5. Receive NotificationUCSI University will notify you upon receipt of your documents and payment. A Letter of Acceptance will be issued within two weeks of processing complete applications.
Scholarships
UCSI University ScholarshipsVaries
Accreditation
MQA/FA1835. Recognised by the Society of Actuaries (SOA), USA and Institute and Faculty of Actuaries (IFoA), UK for subject exemptions.
Frequently asked questions
What are the tuition fees for the Bachelor of Science (Honours) Actuarial Science and Finance programme for international students?
+
The approximate total tuition fees for international students for this programme is RM 101,178. Please note that visa processing and administrative fees may vary, and a 6% service tax will be imposed on non-Malaysian citizens effective July 1, 2025.
How long does the Bachelor of Science (Honours) Actuarial Science and Finance programme take to complete?
+
The programme spans three years, consisting of examinations, projects, assignments, and cooperative placements.
What are the English language requirements for international applicants?
+
International applicants typically need an IELTS Academic score of 5.0, TOEFL iBT of 40, or an equivalent qualification. Applicants who do not meet these requirements may enroll in the English for Tertiary Education programme.
What are the academic entry requirements for the programme?
+
To be eligible, you need a minimum Grade C (CGPA 2.0) in STPM including Mathematics, or a minimum of 2 principals (D) in A-Level including Mathematics, or a minimum of 5 credits (B6) in UEC including Mathematics, among other equivalent qualifications.
What career opportunities are available after graduating from this programme?
+
Graduates are prepared for roles such as Actuary, Risk Manager, Investment Analyst, Financial Analyst, Fund Manager, and Investment Banker in the corporate, insurance, and financial sectors, as well as government agencies.
Are there any scholarships available for this programme?
+
UCSI University offers merit-based scholarships that vary in amount. Scholarships are competitive, and shortlisted applicants will be interviewed.