Overview
Traditionally, actuaries have used data to answer financial risk problems. However, two significant trends are transforming the world of finance: an increase in the volume and types of data, and a concentration on risk management. This programme will get students to learn about the classic actuarial approach to risk management, as well as some of the most recent areas of data science, such as artificial intelligence and machine learning, and their practical applications in finance and insurance.
Traditionally, actuaries have used data to answer financial risk problems. However, two significant trends are transforming the world of finance: an increase in the volume and types of data, and a concentration on risk management. This programme will get students to learn about the classic actuarial approach to risk management, as well as some of the most recent areas of data science, such as artificial intelligence and machine learning, and their practical applications in finance and insurance.
Academic Requirements
Â鶹´«Ã½Ó³» Foundation year
Minimum CGPA 2.0 including Mathematics
STPM
A pass in STPM with a minimum Grade (C) (CGPA 2.0) in any two subjects, and credit in Mathematics and pass in English at SPM level.
A-Level
Minimum 2 principals (D) including Mathematics
?UEC
Minimum 5 credits (B6) including Mathematics
?National Matriculation
Minimum CGPA of 2.0 including Mathematics
?International Baccalaureate (IB)
Minimum score of 26 points in 6 subjects including Mathematics
Canadian Pre-U
Minimum average of 60% in 6 subjects inclusive of Mathematics
AUSMAT/ HSC/SACE/TEE/WACE
ATAR score 60% OR minimum 60% average in 5 subjects inclusive of Mathematics
Other qualifications deemed equivalent to STPM/A-Level by Malaysian Qualifications Agency
Minimum overall average of 60% including Mathematics
Diploma (Business-related)
Minimum CGPA of 2.0 Including Mathematics
Other equivalent qualifications
To be reviewed by the faculty on a case-to-case basis
Academic Requirements
SPM
Pass SPM with minimum 5 credits
O-Level
Minimum 5 credits (C)
UEC
Pass UEC with minimum 3 credits (B6)
Other qualifications deemed equivalent to STPM/A-Level by Malaysian Qualifications Agency
Minimum overall average of 50%
Other qualifications deemed equivalent to SPM/O-Level by Malaysian Qualifications Agency
Minimum overall average of 60%
Note:
The requirement to pass Mathematics and English at SPM level in the first and second items can be waived should the qualifications contain Mathematics and English subjects with equivalent/higher achievement.
English Language Requirements
For Local Students
MUET
Band 4SPM English Language
Grade B+SPM English Language 1119/O-Level/IGCSE
Grade CUEC English Language
Grade A2IELTS
Band 5.5TOEFL iBT
46- Applicants who have an academic qualification from a higher learning institution which uses English Language as a medium of instruction can be granted an exemption from the University English requirements and MQA requirement.
For International Students
Cambridge English Qualifications and Tests
(i) B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency: 160(ii) Linguaskill Online: 160
(iii) Occupational English Test (OET): 200
IELTS
Band 5.5Cambridge English Qualifications and Tests
160TOEFL IBT
46TOEFL Essentials (Online)
8Pearson Test of English
51MUET
Band 4- International applicants have to fulfill the English requirements as listed above for international students before applying the programme.
- International applicants who come from a country which uses English Language as the official language OR have an academic qualification from a higher learning institution which uses English Language as a medium of instruction can be granted an exemption from the University English requirements and MQA requirement.
- International applicants who do not meet the respective academic programme¡¯s English Language Requirements will need to improve their proficiency by enrolling into the English for Tertiary Education programme (R/KJP/00920-00929) for maximum 2 years AND pass one of the English examination as listed for international students.
- Placement into the various levels of the English for Tertiary Education programme depends on the English Language qualification students have at the point of admission and/or the outcome of the English Placement Test.
- Calculus and Analytical Geometry
- Statistics and its Applications
- Business Accounting
- Microeconomics
- Fundamental of Data Science
- Bahasa Kebangsaan A (optional)
- Probability Theory
- Database Management Systems
- Discrete Mathematics
- Macroeconomics
- Cooperative Placement 1
- Mathematics I
- Mathematics of Interest Rates
- Mathematical Statistics
- Introduction to Stochastic Processes
- Data visualization
- Mathematics II
- Applied Statistical Models
- Life Contingencies 1
- Elementary Programming
- Research Methods in Data Analytics
- Cooperative Placement 2
- Independent Project I
- Life Contingencies 2
- Elective 1
- Financial Management 1
- Machine Learning for Data Analytics
- Independent Project II
- Time series models and Survival Analysis
- Financial Statement Analysis
- Cloud Computing
- Big Data Analytics
- Cooperative Placement 3
Elective 1 (choose one)
- Actuarial Practices
- Loss Models
- Credibility Theory
- Appreciation of Ethics and Civilisations
(Penghayatan Etika dan Peradaban) - Philosophy and Contemporary Issues
(Falsafah dan Isu Semasa)
- Philosophy and Contemporary Issues
- Communication in Bahasa Melayu 3
(Bahasa Melayu Komunikasi 3)
- U2 - University Life
- U2 - Integriti dan Anti Rasuah (Integrity and Anti-Corruption)
- U4 - Extracurricular Learning Experience 1
- U4 - Extracurricular Learning Experience 2
- U4 - Extracurricular Learning Experience 3
- Actuary
- Financial Risk Analyst
- Pension Actuarial Analyst
- Insurance Underwriter
- Financial Planning Advisor
- Statistician
- Data Analyst
- Business Analyst
Local Students
Approximate Total Fees:
RM 79,430
International Students
Approximate Total Fees:
RM 100,240
Note: This is an estimated fee, as different countries have different visa processing charges and administrative fees. For more information, kindly refer to your region¡¯s counselor for the detailed fee breakdown.
