Bachelor of Actuarial Studies (Honours)

Taylor’s University

Selangor, Malaysia

Course overview

Statistics
Qualification	Bachelor's Degree
Study mode	Full-time
Duration	4 years
Intakes	February, April, September
Tuition (Local students)	$ 26,046
Tuition (Foreign students)	$ 31,064

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

$ 26,046
Local students: $ 31,064
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