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Course Fees and Duration

Course Duration:
(36 m) 3 years
Course Tuition Fees:
Course Miscellanous Fees:

Placing

Area:
UCSI Heights, Cheras
Location of Study:
Kuala Lumpur
Full Time/Part Time:
Full Time
Awarding University:
UCSI University

BSc (Hons) Actuarial Science

  Institution: UCSI University

Field Of Study:
Accounting & Finance, Science & Mathematics
Level Of Study:
Undergraduate
Course Subject:
Accounting, Actuarial Studies, Finance
Course Intake:
January, May, September

Actuaries are professional deal with the financial impact of risk and uncertainty. They use skills in mathematics, economic, computer science, finance, probability and statistics, and business to assess the likelihood of occurrence of certain risky events formulate policies that minimize the cost of these risks. As such, actuaries are essential to the insurance and reinsurance industry. In addition, they can be consultants to other businesses, including sponsors of pension plans; and to government agencies such as bank Negara Malaysia. The 3-year BSc (Hons) Actuarial Science programme provides a solid grounding in mathematics, accounting, finance and statistic to integrate theories with actual experience and build a foundation for students to pursuit professional career in the financial risk management industry.

Students will be furnished with the essential leadership qualities, communication skills, problem-solving abilities, critical thinking, as well as entrepreneurial and managerial skills that will enable them to face the challenging yet exciting world, where risks can be turned into opportunities.

Assessment

The assessment includes a combination of examinations, projects and assignments, and finally a requirement to complete a dissertation in Independent Project in the final year. Students will acquire up-to-date vocational skills that are relevant and competitive. This reflects the complex and challenging nature of the accounting, finance and business realms.

Entry Requirements

Academic Requirement

  • UCSI Foundation: CGPA of 2.0
  • STPM / A-Level: Min. 2 Principals
  • UEC: 5 credits
  • Diploma: Pass
  • Other Year 12 equivalent: Average score of 60%
  • National matriculation: CGPA 2.0
  • International Baccalaureate: 26/42

English Requirements

  • A distinction (A+, A or A-) in English Language subject at SPM/UEC level; or MUET Band 5; or a score of 213 (computer-based) / 550 (written-based) / 80 (internet-based) in TOEFL; or Band 5.5 in IELTS.
  • In the event that the English Language Requirements are not met, student may be required to undertake additional English module(s) prior or concurrently with undergraduate programme, based on the University’s decision.

*International students holding equivalent academic qualifications but of non-English curriculum, are required to sit for the English Placement Test, which may result in the taking of the Certificate in English programme (1 to 10 months). Students who intend to pursue the above undergraduate programme directly, are advised to fulfill the above English requirements prior commencing their studies at the university.

Career Opportunities

Many corporations today have acknowledged the need for financial specialists with the skills to manage risk. Upon completion of this programme, graduates will be furnished with the proper understanding of management know-how and are prepared for the relevant professional examinations. Graduates can seek employment in key industry streams such as:

  • Actuarial Executive
  • Enterprise Risk Analyst
  • Bank Executive
  • Financial Analyst
  • Financial Planning Advisor
  • Entrepreneur

Source: UCSI University.