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 2026-09-30 00:00:00 , National
Starting 2027-03-01 00:00:00

Application deadline not specified.
Starting 2027-10-05 00:00:00
- Apply before 2027-08-30 00:00:00 , International

Language

English

TOEFL^® IBT

OR

46

Schedule TOEFL®

PTE Academic

51

Schedule a PTE test!

IELTS

5.5

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Credits

145 alternative credits

Delivered

On Campus

Campus Location

Kuala Lumpur, Malaysia

Disciplines

Actuarial Science View 17 other Bachelors in Actuarial Science in Malaysia

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Academic requirements

GPA

Required

English requirements

TOEFL^® IBT

OR

46

Schedule TOEFL®

PTE Academic

51

Schedule a PTE test!

IELTS

5.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Senior High School Certificate
Pass with a minimum average of 75%
Obtain a minimum of 60%/grade B- in Mathematics
Obtain a minimum of 60%/grade B- in any ONE (1) of the following subjects: Biology / Physics / Chemistry
Matriculations/Foundations
Obtain a minimum CGPA of 3.50 from a recognized institution approved by UM Senate
Obtain a minimum of grade B- in Mathematics
Obtain a minimum of grade B- in any ONE (1) of the following subjects: Biology / Physics / Chemistry
Diploma
Obtain a minimum CGPA of 3.50 from a recognized institution approved by UM Senate
Obtain a minimum of grade B- in Mathematics
Obtain a minimum of grade B- in any ONE (1) other subject that has not yet been taken
GCE A-Level
Obtain a recognized GCE A-Level qualification
Obtain a minimum of grade B in Mathematics/Further Mathematics
Obtain a minimum of grade B in any ONE (1) of the following subjects: Biology / Physics / Chemistry / Mathematics / Further Mathematics
International Baccalaureate (IB)
Obtain a minimum score of 34 points
Obtain at least Grade 5 (HL) / 6 (SL) in Mathematics/Further Mathematics
Obtain at least Grade 5 (HL) / 6 (SL) in any ONE (1) of the following subjects: Biology / Physics / Chemistry / Mathematics / Further Mathematics
AUSMAT
Obtain a minimum score of 85 in the Australian Tertiary Admissions Rank (ATAR)
Obtain a minimum of grade B in Mathematics/Further Mathematics
Obtain a minimum of grade B in any TWO (2) of the following subjects: Biology / Physics / Chemistry / Mathematics / Further Mathematics

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

70100 MYR / year

≈ 70100 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.

About

Overview

Career Opportunity & Industry

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Domestic Applies to you

Living costs

Kuala Lumpur

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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