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Bachelor Of Science (Honours) Actuarial Science With Data Analytics

Intakes
September
Course Duration
3 Years
Course Location
Kuala Lumpur
Course Mode
Full-time
Approval Code
N/0542/6/0001; 08/2027
Accreditation Code
MQA/PA 15683


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.

About the Programme

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.

Entry Requirements

Academic Requirements

UCSI Foundation year

Minimum CGPA 2.0 including Mathematics

STPM

A pass in STPM, with a minimum Grade C (CGPA 2.0) in any 2 subjects, and a pass in Mathematics and 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

Minimum average of 60% 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

ENTRY REQUIREMENTS FOR FOUNDATION YEAR

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 3
SPM English Language
Grade B+
SPM English Language 1119/O-Level/IGCSE
Grade C
UEC English Language
Grade A2
IELTS
Band 5.5
TOEFL 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 5.5
Cambridge English Qualifications and Tests
160
TOEFL IBT
46
TOEFL Essentials (Online)
8
Pearson Test of English
51
MUET
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.

Courses Offered

Year 1
  • Calculus and Analytical Geometry
  • Statistics and its Applications
  • Business Accounting
  • Microeconomics
  • Fundamental of Data Science
  • Mathematics I
  • Probability Theory
  • Mathematics 1
  • Mathematics of Interest Rates
  • Macroeconomics
  • Cooperative Placement I
Year 2
  • Mathematics II
  • Mathematical Statistics
  • Life Contingencies I
  • Elementary Programming
  • Data Visualization
  • Introduction to Stochastic Processes
  • Applied Statistical Models
  • Life Contingencies II
  • Discrete Mathematics
  • Research Methods in Data Analytics
  • Cooperative Placement 2
Year 3
  • Independent Project I
  • Time Series Models and Survival Analysis
  • Financial Management I
  • Database Management Systems
  • Independent Project II
  • Cloud Computing
  • Financial Statement & Analysis
  • Machine Learning for Data Analytics
  • Big Data Analytics
  • Cooperative Placement 3

  • Elective Core - Choose 1
    • Actuarial Practices
    • Loss Models
    • Credibility Theory
General Courses (MPU) are compulsory for all students.
U1
For Malaysian students:
  1. Appreciation of Ethics and Civilisations
  2. Philosophy and Contemporary Issues
For foreign students:
  1. Philosophy and Contemporary Issues
  2. Communication in Bahasa Melayu 3

All information is correct at the time of upload and UCSI University reserves the right to make amendments without prior notice.

Career Opportunities

  • Actuary
  • Financial Risk Analyst
  • Pension Actuarial Analyst
  • Insurance Underwriter
  • Financial Planning Advisor
  • Statistician
  • Data Analyst 
  • Business Analyst

Tuition Fees

Local Students

Approximate Total Fees:

RM 77,590

Download Fee Schedule

International Students

Approximate Total Fees:

RM 93,850

Download Fee Schedule

All information is correct at the time of upload and UCSI University reserves the right to make amendments without prior notice.

Brochure

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