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 2025-10-06 00:00:00
- Apply before 2025-08-30 00:00:00

Language

English

PTE Academic

41

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TOEFL^® IBT

60

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Credits

145 alternative credits

Delivered

On Campus

Campus Location

Kuala Lumpur, Malaysia

Disciplines

Actuarial Science View 15 other Bachelors in Actuarial Science in Malaysia

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Academic requirements

GPA

Required

English requirements

PTE Academic

41

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TOEFL^® IBT

60

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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

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

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

Tuition Fee

To always see correct tuition fees

International

78400 MYR/year

Tuition Fee

Based on the tuition of 78400 MYR per year during 48 months.
National

10300 MYR/year

Tuition Fee

Based on the tuition of 10300 MYR per year during 48 months.

Living costs for Kuala Lumpur

2210 - 3815 MYR /month

Living costs

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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