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Bachelor of Science (Honours) Actuarial Science with Data Analytics

UCSI University

Level

bachelor

Duration

3 Years

Location

Kuala Lumpur, Malaysia

Entry Exams

MUET

Tuition Fee

RM 108,015 (International, approximate total)

Intake

January, May and September

Program Overview

Traditionally, actuaries have used data to answer financial risk problems. However, two significant trends are transforming the world of finance: an increase in the volume and types of data, and a concentration on risk management. This programme will get students to learn about the classic actuarial approach to risk management, as well as some of the most recent areas of data science, such as artificial intelligence and machine learning, and their practical applications in finance and insurance.

Key Modules

  • 1Calculus and Analytical Geometry
  • 2Statistics and its Applications
  • 3Business Accounting
  • 4Microeconomics
  • 5Fundamental of Data Science
  • 6Bahasa Kebangsaan A (optional)
  • 7Probability Theory
  • 8Database Management Systems
  • 9Discrete Mathematics
  • 10Macroeconomics
  • 11Cooperative Placement 1
  • 12Mathematics I
  • 13Mathematics of Interest Rates
  • 14Mathematical Statistics
  • 15Introduction to Stochastic Processes
  • 16Data visualization
  • 17Mathematics II
  • 18Applied Statistical Models
  • 19Life Contingencies 1
  • 20Elementary Programming
  • 21Research Methods in Data Analytics
  • 22Cooperative Placement 2
  • 23Independent Project I
  • 24Life Contingencies 2
  • 25Elective 1
  • 26Financial Management 1
  • 27Machine Learning for Data Analytics
  • 28Independent Project II
  • 29Time series models and Survival Analysis
  • 30Financial Statement Analysis
  • 31Cloud Computing
  • 32Big Data Analytics
  • 33Cooperative Placement 3
  • 34Electives
  • 35Elective 1 (choose one)
  • 36Actuarial Practices
  • 37Loss Models
  • 38Credibility Theory
  • 39Appreciation of Ethics and Civilisations
  • 40(Penghayatan Etika dan Peradaban)
  • 41Philosophy and Contemporary Issues
  • 42(Falsafah dan Isu Semasa)
  • 43Communication in Bahasa Melayu 3
  • 44(Bahasa Melayu Komunikasi 3)
  • 45All students:
  • 46U2 - University Life
  • 47U2 - Integriti dan Anti Rasuah (Integrity and Anti-Corruption)
  • 48U4 - Extracurricular Learning Experience 1
  • 49U4 - Extracurricular Learning Experience 2
  • 50U4 - Extracurricular Learning Experience 3

Entry Requirements

  • UCSI Foundation year
  • Minimum CGPA 2.0 including Mathematics
  • A pass in STPM with a minimum Grade (C) (CGPA 2.0) in any two subjects, and credit in Mathematics and pass in English at SPM level.
  • Minimum 2 principals (D) including Mathematics
  • 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
  • Minimum average of 60% in 6 subjects inclusive of Mathematics
  • AUSMAT/ HSC/SACE/TEE/WACE
  • ATAR score 60% OR minimum 60% average 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)
  • Other equivalent qualifications
  • To be reviewed by the faculty on a case-to-case basis
  • ENTRY REQUIREMENTS FOR FOUNDATION YEAR
  • Academic Requirements
  • Pass SPM with minimum 5 credits
  • Minimum 5 credits (C)
  • Pass UEC with minimum 3 credits (B6)
  • Minimum overall average of 50%
  • Other qualifications deemed equivalent to SPM/O-Level by Malaysian Qualifications Agency
  • Minimum overall average of 60%
  • The requirement to pass Mathematics and English at SPM level in the first and second items can be waived should the qualifications contain Mathematics and English subjects with equivalent/higher achievement.
  • English Language Requirements
  • For Local Students
  • SPM English Language
  • SPM English Language 1119/O-Level/IGCSE
  • UEC English Language
  • Applicants who have an academic qualification from a higher learning institution which uses English Language as a medium of instruction can be granted an exemption from the University English requirements and MQA requirement.
  • For International Students
  • TOEFL Essentials (Online)
  • Pearson Test of English
  • Cambridge English Qualifications and Tests
  • (i. B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency)
  • (ii. Linguaskill Online)
  • (iii. Occupational English Test (OET) (Conventional/Online))
  • O-Level English/IGCSE

Career Prospects

  • Actuary
  • Financial Risk Analyst
  • Pension Actuarial Analyst
  • Insurance Underwriter
  • Financial Planning Advisor
  • Statistician
  • Data Analyst
  • Business Analyst

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