Bachelor of Actuarial Studies (Honours)
Course overview
| Qualification | Bachelor's Degree |
| Study mode | Full-time |
| Duration | 4 years |
| Intakes | February, April, September |
| Tuition (Local students) | $ 24,358 |
| Tuition (Foreign students) | $ 29,051 |
About
Offered by the Taylor's Business School, the Actuarial Studies degree programme is the extensive study of mathematics, probability, statistics, finance and economics. This degree programme provides learning opportunities beyond the classroom.
This Bachelor of Actuarial Studies program curriculum provides you with a solid foundation of mathematical and statistical concepts, allowing you to delve into diverse fields of actuarial science such as risk assessment, insurance, financial planning, and investment analysis. With access to experiential learning experiences that complement your academic education, you will graduate with strong analytical and problem-solving abilities to make educated judgments in complicated business and finance situations.
Admissions
Intakes
Fees
Tuition
- $ 24,358
- Local students
- $ 29,051
- Foreign students
Estimated cost as reported by the Institution.
Application
- Data not available
- Local students
- Data not available
- Foreign students
Student Visa
- Data not available
- Foreign students
Every effort has been made to ensure that information contained in this website is correct. Changes to any aspects of the programmes may be made from time to time due to unforeseeable circumstances beyond our control and the Institution and EasyUni reserve the right to make amendments to any information contained in this website without prior notice. The Institution and EasyUni accept no liability for any loss or damage arising from any use or misuse of or reliance on any information contained in this website.
Entry Requirements
PREREQUISITES
SPM / O-Level with Pre-U / Foundation
Pass SPM / O-Level or equivalent with 5 credits including Mathematics and a pass in English for entry with pre-university/ foundation qualification (Except for UEC)
SPM / O-Level with Diploma
Pass SPM / O-Level or equivalent with 3 credits including Mathematics and a pass in English for entry with Diploma qualification
ENTRY REQUIREMENTS
Taylor’s Foundation
Pass any Taylor's Foundation programme with min. CGPA 2.00
Taylor's Diploma
Pass any Taylor's Diploma programme with min. CGPA 2.00
Sijil Tinggi Persekolahan Malaysia (STPM)
Min. CC with CGPA 2.00
Unified Examination Certificate (UEC)
Pass with min. 5Bs
A Levels
Min. EE or equivalent of min. 80 points
South Australian Matriculation (SAM) / SACE International
Min. ATAR 60
Canadian Pre-University (CPU)
Min. average of 60% in 6 subjects
International Baccalaureate (IB)
Min. 24 from 6 subjects
Monash University Foundation Year (MUFY)
Overall 50%
Other Equivalent Qualifications
- Pass Business Foundation from any other HEI
- HSC (Yr 12), New South Wales with min. average 60% in 5 subjects
- Pass MOHE Matriculation with min CGPA 2.00
- Pass Foundation (in other fields) from other institutions recognised by MoHE
- Pass DIB or Diploma in other field from other institutions recognised by MoHE
- Other equivalent qualification recognised by Malaysian Government
ENGLISH REQUIREMENTS
IELTS
Band 5.0
TOEFL
34 (Internet Based Test)
MUET
Band 3
UEC English
English B6
O-Level
Grade C
1119 (GCE-O)
Grade C
Taylor's EET
Overall Score 5.0
Taylor's IEN
Level 2 - Grade C
Curriculum
PRIMARY MAJOR
This component consists of Common Core subjects, which are common modules across a discipline that provides the fundamental knowledge of the discipline.
Common Core
- Introduction to Accounting*
- Calculus
- Mathematical Statistics*
- Microeconomics*
- Insurance Practices and Takaful
- Advanced Calculus
- Probability Theory
- Mathematics of Finance
- Macroeconomics*
- Fundamentals of Linear Algebra
- Introduction to Finance*
- Programming
- Life Contingencies I
- Life Contingencies II
- Applied Statistical Methods
- Corporate Finance*
- Derivatives
- Risk Theory
- Stochastic Process
- Survival Models
- Simulation and Credibility Theory
- Stochastic Calculus for Financial Economics
- Project
- Short Industrial Training
- Long Industrial Training (for 4-year programme only)
*Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.
UNIVERSITY CORE
The Ministry of Education (MOE) requires all students to take Mata Pelajaran Umum (MPU) (i.e. General Studies) which is categorised under U1, U2, U3 and U4 within the duration of their studies. U1 modules are prescribed by MOE whereas U2, U3 and U4 modules are from a list of University Core Modules (UCM) prescribed as per the Programme Guide.
- MPU (U1a)
- MPU (U1b)
- MPU (U2)
- MPU (U3)
- MPU (U4)
- Bahasa Kebangsaan A – only for Malaysian students who had not obtained a credit in SPM Bahasa Melayu or do not possess the SPM qualification.
COMPLEMENTARY STUDIES
The Complementary Studies component provides student the flexibility to study modules in a related or unrelated field from the same or different school to complement the Primary Major. It may be completed in a form of free electives, an extension, minors or a second major that typically requires at least one (1) semester of student learning time.
Click here to see a full list of all available Complementary Studies Components.
Electives
- Advanced Corporate Finance
- Business Ethics and Governance (IBMP)
- Enterprise Risk Management
- Financial Reporting
- International Finance
- Leadership and Change Management
- Life Insurance and Pension Funds
- Marketing Management (IBMP)
- Organisational Management (IBMP)
- Portfolio Management
- Ratemaking and Loss Reserving for General Insurance
*Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.