Actuaries analyse and manage risk to ensure stability in industries such as finance and insurance. They possess a strong combination of analytical skills, business knowledge, mathematics and statistics. The actuary profession is consistently ranked among the best in the world due to the high salary and job security.
UCSI is the first and only private institution in Malaysia to be granted CT1 module exemption for IFoA's Fellowship and Certified Actuarial Analyst exams.
UCSI is a SoA UCAP (Universities and Colleges with Actuarial Programmes) school. Students may obtain all three VEE (Validation by Educational Experience) credits – core subjects needed to attain a SoA membership – which may also go towards other qualifications from the Casualty Actuarial Society and Canadian Institute of Actuaries.
UCSI is the first private education provider in Malaysia to be endorsed by the Society of Actuaries (SoA) and the Institute and Faculty of Actuaries (IFoA). These international professional bodies are acknowledged globally for their prestigious actuarial designations and provide the latest educational programmes and rigorous examination process.
UCSI's actuarial lecturers have vast experience in the corporate world as consultants and advisors, enabling them to deliver a curriculum that is relevant and that matches the industry's requirements.
UCSI partners with over 4,000 leading companies in various industries - Malaysia's widest industry-academia network - to provide students with internship programmes, industry exposure and job opportunities.
Our students are consistently employed by some of the world’s largest insurance companies after completing internships at AIA, Alliance, Great Eastern, Tokio Marine, Zurich and more.
In categories such as excellent work environment, job security, growth opportunity and high salary, the actuary profession is consistently ranked among the best in the world according to CNN Money.
According to the Wall Street Journal, there are a limited number of degrees that provide careers with 0 unemployment rate, and actuary is among this list.
Actuaries come up with solutions that are applied in the real world, such as risk management, retirement plans or insurance premiums. This makes the work of an actuary consequential and important.