Overview
The Bachelor of Science (Hons) in Actuarial Studies at Sunway University is a comprehensive programme that integrates mathematical and statistical techniques applicable to the financial services industry. It is meticulously designed for students aspiring to become professional actuaries, providing preparation for professional examinations that lead to recognized actuarial status.
The programme holds accreditation from the Institute and Faculty of Actuaries (IFoA), allowing students to receive exemptions from several IFoA professional examinations, including CB1 (Business Finance), CB2 (Business Economics), CM1 (Actuarial Mathematics), CM2 (Financial Engineering and Loss Reserving), CS1 (Actuarial Statistics), and CS2 (Risk Modelling and Survival Analysis).
Subjects
Year 1
- Advanced Calculus
- Calculus
- English for Business
- Introduction to Probability
- Linear Algebra & Applications
- Principles of Business Finance
- Programming Principles
- Theory of Interest
- Principles of Economics
- Fundamentals of Accounting
Year 2
- Communication Skills
- Derivative Securities I
- Derivative Securities II
- Introduction to Statistics
- Life Contingencies I
- Life Contingencies II
- Mathematical Methods
- Entrepreneurial Mindset & Skills
- Free Elective I
Year 3
- Regression Analysis
- Free Elective 2
- Internship
- Ratemaking & Loss Reserving for General Insurance
- Simulation & Credibility Theory
- Stochastic Processes
Electives (choose 3 in Year 3)
- Advanced Actuarial Mathematics & Finance
- Advanced Actuarial Statistics
- Design of Experiments
- Categorical Data Analysis
- Multivariate Analysis
- Research Project
- Risk Theory
- Survival Models
- Time Series & Forecasting
- Principles of Actuarial Control Cycle
- Predictive Analysis
- Machine Learning
Additional MOHE compulsory General Studies subjects
- Appreciation of Ethics and Civilisation
- Community Service for Planetary Health
- Critical Thinking
- Integrity & Anti-Corruption
- Malay Language for Communication 2
Requirements
| Qualification | Requirement |
|---|---|
| A-Level | Minimum 12 points (Minimum of Grade D from 2 subjects). |
| Australian Matriculation | ATAR 60. |
| Canadian Matriculation | 60%. |
| Monash University Foundation Year | 60%. |
| Sunway Foundation in Arts | CGPA 2.0. |
| Sunway Foundation in Science Technology | CGPA 2.0. |
| International Baccalaureate | Completed with minimum 25 points (excluding bonus points). |
| Sunway Diploma Studies | CAVG 50% or CGPA 2.0. |
| APEL.A | An APEL.A Certificate (APEL T-6) (Recognition of Prior Learning). |
| English Language | – IELTS or equivalent 6.0. – PTE Academic 50 overall (minimum 46 in each skill). – MUET Band 4. – O-Level English (1119) Credit. |
Tuition Fee For International Students
| Details | Tuition Fee |
|---|---|
| Total | USD 25,368 |