SCIENCE

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List of bachelor programmes

Bachelor of Actuarial Science

To produce graduates with (sound) knowledge of actuarial and financial mathematics, capable of critical thinking and problem solving; 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:

1. Explain the principles and concepts of actuarial science, finance, statistics and mathematics.

2. Apply actuarial science, finance, statistics and mathematics concepts to solve real-world problems.

3. Conduct professional activities with good social skills and demonstrate a sense of responsibility.

4. Practice characteristics associated with professionalism and ethical responsibility in analyzing real life phenomena.

5. Communicate using critical thinking with effective, accurate and relevant concepts, and exhibit team work and leadership skills.

6. Convert problems into mathematical and statistical models, and develop scientific strategies to obtain solutions;

7. Engage in life-long learning to advance knowledge and applications of actuarial science, finance, statistics and mathematics;

8. Apply managerial and entrepreneurial skills to manage resources needed to complete a task.

Career Opportunity

If you're looking forward for challenging and high return opportunities, the actuarial field is worth your choice.The career opportunities are vast ranging from insurance to finance, banks, investment as well as security and commodity companies.With the modern demand for risk modelling the chance expand wider to include the non-finance corporate firms. Graduates of our department are expected to be equipped with necessary actuarial tools to face the real demand of the market.

Course Structure

BACHELOR OF ACTUARIAL SCIENCE SESSION 2017/2018 (145 CREDITS)

1. UNIVERSITY COURSES (22 CREDITS)

COURSE CODE

COURSE NAME

PRE-REQUISITE

CREDITS

GLT

Communication in English

-

6

GKN/GKR/GKV

Co-curriculum

-

2

GIG1001

Islamic and Asian Civilization (TITAS)

-

2

GIG1002/ GIG1006

Ethnic Relations/ Introduction to Malaysia

-

2

GIG1003

Basic Entrepreneurship Culture

-

2

GIG1004

Information Skills

-

2

GIG1005

Social Engagement

-

2

GIXxxxx

External Faculty Electives Course

-

4

2. CORE COURSES (83 CREDITS)

(I) FACULTY CORE COURSES (8 CREDITS) [TF]

COURSE CODE

COURSE NAME

PRE-REQUISITE

CREDITS

SIX1001

Introduction to Science & Technology Studies

-

3

SIX1002

Ethics and Safety

-

2

SIX1004

Statistics

-

3

(II) PROGRAM CORE COURSES (75 CREDITS) [TP]

COURSE CODE

COURSE NAME

PRE-REQUISITE

CREDITS

LEVEL 1 (17 Credits)

SIM1001

Basic Mathematics

-

4

SIM1002

Calculus I

-

4

SIN1002

Introduction to Worksheet

-

2

SIM1003

Calculus II

SIM1002

4

SIQ1001

Introduction to Accounting

-

3

LEVEL 2 (26 Credits)

SIM2001

Advanced Calculus

SIM1003

4

SIN2002

Structured Programming

SIM1002

4

SIT1001

Probability and Statistics I

SIM1002

4

SIT2001

Probability and Statistics II

SIT1001

4

SIQ2001

Microeconomics

-

3

SIQ2002

Macroeconomics

-

3

SIQ2003

Financial Mathematics and Derivatives

SIM1002

4

LEVEL 3 (16 Credits)

SIQ3001

Actuarial Mathematics I

SIQ2003

4

SIQ3002

Portfolio Theory and Asset Models

SIQ2003

4

SIQ3003

Actuarial Mathematics II

SIQ3001

4

SIQ3004

Mathematics of Financial Derivatives

SIQ2003

4

LEVEL 4 (16 Credits)

SIQ3005

Life Insurance and Takaful

SIT2001

4

SIQ3006

Risk Theory

SIT2001 and SIQ2003

4

SIQ3007

Industrial Training

-

8

3. ELECTIVE COURSES (40 CREDITS)

(I) PROGRAM ELECTIVE COURSES (at least 31 CREDITS) [EP]

SIN1003

Mathematical Methods I

SIM1002

4

SIM2002

Linear Algebra

SIM1001

4

SIN2001

Mathematical Methods II

SIN1003

4

SIN2003

Basic Operational Research

SIM1001

4

SIT2002

Further Mathematical Statistics

SIT2001

4

SIT2003

Stochastic Processes

SIT2001

4

SIT2004

Regression Analysis

SIT1001

4

SIN3015

Mathematical Science Project

SIM2002

4

SIT3003

Computer Intensive Methods in Statistics

SIT2001

4

SIT3004

Applied Stochastic Processes

SIT2003

4

SIT3005

Time Series and Forecasting Methods

SIT2001

4

SIT3006

Further Topics in Regression Analysis

SIT2001 and SIT2004

4

SIT3010

Introduction to Data Mining

SIT2001

4

SIQ3008

Foundation of Islamic Finance

SIN2002

4

SIQ3009

Pension Mathematics

SIQ3001

4

SIQ3010

Survival Model

SIT2001

4

(II) FACULTY ELECTIVE COURSES (9 CREDITS) [EF]

* Courses Offered by Other Institute/Department within the Faculty of Science

* Refer to the Faculty Elective Courses lists other than from the Institute of Mathematical Sciences but within the Faculty of Science

1. The exact number of courses (as shown above) that will be offered for any year may be different, depending on the availability of manpower.

2. Core courses under Bachelor of Science in Mathematics, Bachelor of Science in Applied Mathematics or Bachelor of Science in Statistics may also be taken by a student in Bachelor of Actuarial Science program as Program Elective Courses. Please refer to the relevant programs.

3. Actuarial students must take at least 110 of credits before undergoing the practical training (SIQ3007).

4. Actuarial students are also encouraged to take CIX2001 (Financial Management) and CIC2001 (Basic Corporate

Finance) as Program Elective Courses.

Attention:

Courses with codes SIQ**** except SIQ2003 are exclusive for students in Bachelor of Actuarial Science.


Entry Requirement

PROGRAM

KELAYAKAN

STPM
(Tahun Semasa)

MATRIKULASI / ASASI

STAM

DIPLOMA

KELAYAKAN LAIN

MS41

Sarjana Muda Sains                   Aktuari

(8 Semester)

 

Aliran : Sains

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

     

  • Obtained at least Grade A- (CGPA 3.67) in STPM level in the following subjects:
  • 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

 

  • A minimum of Level 2 (Band 2) in MUET

 


Aliran : Sains

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

     

  • Obtained at least Grade A- (CGPA 3.67) in Matriculation/Foundation in the following subjects:
  • Mathematics; and

     

     

  • Obtained at least Grade B+ (CGPA 3.33) in Matriculation/Foundation program for any one (1) of the following subjects:
    • Biology
    • Physics/Engineering Physics
    • Chemistry/Engineering Chemistry

 

 

and

 

  • A minimum of Level 2 (Band 2) in MUET

 


Tidak ditawarkan        

Aliran : Sains

  • A Diploma of Higher Learning Institute or other recognized institution in the field of the program being applied with at least a CGPA of 3.50

    or

     

  • Passed STPM not in current year with at least a CGPA of 3.50 and fulfilled the specific program requirement as follows:

     

  • Obtained at least Grade A- (CGPA 3.67) in STPM level in the following subjects:
    • Mathematics T; and

       

  • Passed Matriculation/Foundation not in the current year with at least a CGPA of 3.50 and fulfilled the specific program requirement as follows:

     

  • Obtained at least Grade A- (CGPA 3.67) in Matriculation/Foundation in the following subjects:
  • Obtained at least Grade B+ (CGPA 3.33) in STPM level for any one (1) of the following subjects:
    • Biology
    • Physics
    • Chemistry

      or

       

  • Mathematics; and

     

  • Obtained at least Grade B+ (CGPA 3.33) in Matriculation/Foundation program for any one (1) of the following subjects:
    • Biology
    • Physics/Engineering Physics
    • Chemistry/Engineering Chemistry

 

and

 

A minimum of Level 2 (Band 2) in MUET

 

 




Aliran : Sains

  • Obtained a GCE A-Level qualification with at least Grade B in the following subjects:
    • Mathematics/Further Mathematics; and

       

  • An International Baccalaureate (IB) Diploma with at least 30 points  of score  and obtained Grade 5 Higher Level in the following subjects:
    • Mathematics/Further Mathematics; and

       

  • An Australian Matriculation Programme (AUSMAT) qualification with at least Australian Tertiary Admissions Rank (ATAR)  total of 80% and obtained at least 16 points of score (High Achievement) in the following subjects:

     

    • Mathematics; and

       

  • A American Degree Foundation Program (ADFP) qualification in science stream with at least CGPA of 3.50 and at least grade A- in the following subjects
  • One (1) of the following subjects:
    • Biology
    • Chemistry
    • Physics
    • Mathematics/Further Mathematics

       

  • One (1) of the following subjects:
    • Biology
    • Chemistry
    • Physics
    • Mathematics/Further Mathematics

      or

       

  • One (1) of the following subjects:
    • Biology
    • Chemistry
    • Physics
    • Mathematics

      or

  • Mathematics; and

 

  • One (1) of the following subjects:
    • Biology
    • Chemistry
    • Physics

       

      and

       

  • A minimum of Level 2 (Band 2) in MUET

or

 

  • A minimum Band 4 IELTS

    or

     

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


Intake Schedule

Semester I : September

Semester II : February

Deadline for Malaysian applicants : April for Semester I intake

Deadline for International applicants : June for Semester I intake and November for Semester II intake

Fees

RM9310.00 (Local student)

Click here (International student)

Last Update: November 09, 2017

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