BSc (Hons) Actuarial Science

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.

• UCSI Foundation: Pass
• 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 the English Language subject at SPM/UEC level; or MUET Band 5; or a score of 213 (computer-based) / 550 (writing-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 to or concurrently with the undergraduate programme, based on the University’s decision.

Year 1

• Calculus and Analytical Geometry
• Statistics and its Applications
• Business Accounting
• Microeconomics
• Risk Management and Insurance
• Probability Theory
• Macroeconomics
• Introduction to Programming
• Elective 1
• Business Communications
• Cooperative Placement

Year 2

• Mathematical I
• Mathematical Statistics
• Mathematics of Interest Rate
• Introduction to Stochastic Processes
• Mathematics II
• Applied Statistical Models
• Life Contingencies 1
• Financial Management 1
• Managerial Accounting
• Cooperative Placement

Year 3

• Independent Project I
• Mathematics of Financial Derivatives
• Life Contingencies 2
• Loss Models
• Elective 3
• Independent Project II
• Elective 4
• Credibility Theory
• Stochastic Calculus for Insurance and Finance
• Elective 2
• Bahasa Kebangsaan A (Optional)
• Cooperative Placement

Electives

Electives 1 and 2 (choose two)

• Fundamental of Marketing
• Business Information System
• Introduction to Internet Technologies
• Fundamentals of Management
• Accounting Information System
• Corporate Finance
• Financial Statement and Analysis
• Investment Portfolio Management

Electives 3 and 4 (choose two)

• Actuarial Practice
• Time Series Models and Survival Analysis
• Statistical Simulation for Financial Modelling

General Courses (MPU) are compulsory for all students.

For Malaysian students:

1. Appreciation of Ethics and Civilisations
   (Penghayatan Etika dan Peradaban)
2. Philosophy and Contemporary Issues
   (Falsafah dan Isu Semasa)

For foreign students:

1. Philosophy and Contemporary Issues
2. Communication in Bahasa Melayu 3
   (Bahasa Melayu Komunikasi 3)

All students:

1. U2 - University Life
2. U2 - Integriti dan Anti Rasuah (Integrity and Anti-Corruption)
3. U4 - Extracurricular Learning Experience 1
4. U4 - Extracurricular Learning Experience 2
5. U4 - Extracurricular Learning Experience 3