Bachelor of Science Actuarial

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 modeling 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.

Bank Manager, Business Analyst, Civil Servant, Computer Programmer, Data Scientist, Decision Analyst, Educator, Financial/ Investment Analyst, Financial Planning, Advisor, IT Manager

The academic program follows the semester system and commences in October (Semester I) and March (Semester II).

Duration: 4 years

Total credits: 145 hours

INSTITUTE AND FACULTY OF ACTUARIES (IFoA) UK

Universiti Malaya’s Bachelor of Actuarial Science programme is accredited by the Institute and Faculty of Actuaries (IFoA), UK. Graduates of this programme are eligible for exemptions for up to 5 IFoA papers, including CS1, CS2, CM1, CM2, and CB2.

For more information, please visit: University of Malaya | Institute and Faculty of Actuaries

SOCIETY OF ACTUARIES (SOA), USA

Universiti Malaya's Bachelor of Actuarial Science program is recognized by the Society of Actuaries (SOA) at the UCAP-Advanced Curriculum level of the SOA Universities & Colleges with Actuarial Programs (UCAP). Our program syllabi cover several preliminary exams, including exam P, FM, FAM, SRM, ALTAM, ASTAM, and PA in the new SOA curriculum. Graduates of this program are eligible for exemptions from all three VEE topics (Accounting & Finance, Economics, and Mathematical Statistics).

For more information, please visit: University of Malaya | SOA

CASUALTY ACTUARIAL SOCIETY (CAS), USA

CAS University Recognition Program

Universiti Malaya’s Bachelor of Actuarial Science programme is also recognized by the Casualty Actuarial Society (CAS) at the Silver Level of the CAS University Recognition Program. Our program syllabi cover several CAS exams, including Exam MAS I, MAS II, EXAM 5, and DISCs.

For more information, please visit: https://www.casact.org/university-programs/cas-university-recognition-list