Overview

The Actuarial Science program from University of Malaya covers a wide range of areas including economics, finance, mathematics, statistics and risk modelling. The program also prepares the students with tools to kick start research that is inevitable in current world for the benefit of the wide society.

Career Opportunity & Industry

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

Programme Structure

Courses included:

Advanced Calculus
Linear Algebra
Appreciation of Mathematics
Structured Programming
Microeconomics
Financial Mathematics and Derivatives

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2026-10-05 00:00:00
- Apply before 2026-08-30 00:00:00 , International
- Apply before 2026-09-14 00:00:00 , National

Language

English

TOEFL^® IBT

60

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PTE Academic

41

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Credits

145 alternative credits

Delivered

On Campus

Campus Location

Kuala Lumpur, Malaysia

Disciplines

Actuarial Science View 16 other Bachelors in Actuarial Science in Malaysia

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Academic requirements

GPA

Required

English requirements

TOEFL^® IBT

60

Schedule TOEFL®

PTE Academic

41

Schedule a PTE test!

Other requirements

General requirements

National Higher School Certificate (or an Advanced Level equivalent) with the grade 80% and above OR
A Diploma from recognized Institutions with the least a CGPA of 3.00
Applicant may be required to undergo an interview session for certain selection programme before being accepted by the respective faculty

Student Insurance via Studyportals Partner

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Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Universiti Malaya and/or in Malaysia, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

78400 MYR / year

≈ 78400 MYR / year
Domestic Applies to you

Applies to you

Citizens or residents

10300 MYR / year

≈ 10300 MYR / year

Living costs

Kuala Lumpur

Malaysia

2210 - 3815 MYR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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