| Approval Code | R/462/6/0066; 11/2022 |
| Accreditation Code | MQA/FA1835 |
| Classification | BSc (Hons) |
| Subject Area | Actuarial Science and Finance |
| Course Mode | Full-time |
| Course Duration | 3 Years |
| Course Location | Kuala Lumpur |
| Intakes | January, May and September |
As the financial market is getting more volatile these days, enterprise risk management becomes an essential component of big corporations. To furnish the demand for personnel of this profession. The BSc (Hons) Actuarial Science & Finance was developed. The objective of this programme is to produce graduate competent in knowledge and skills for financial investment management, assets valuation and risk management for various financial assets such as equities, bond, FOREX, commodities and derivatives. The programme exposes students to both theoretical and practical approaches to investment analysis, security analysis, and portfolio and risk management. In addition, the programme also provides comprehensive study of money markets, financial instruments, financial planning, banking and corporate financial management, the essential working knowledge for executives in the financial industry.
Assessments
The assessment includes a combination of examinations, projects and assignments, and finally a requirement to complete a Financial Research Project in the final year. Students will acquire up-to-date vocational skills that are relevant and competitive. This reflects the complex and challenging nature of the accounting, finance and business realms.
Why Choose this Programme?
- First University in Malaysia offering this programme (Combining Actuarial Science and Finance)
- Students have the option to choose the major (Pure Actuarial Science or Actuarial Science and Finance after year 1 as Year 1 course for both programmes are identical)
- The student can choose either the Actuary Professional Qualification or Finance Professional Qualification (i.e. SOA / CFA)
- More career options for the student when they enter into the job market
- Higher demand by employers as the students are equipped with Actuary Skills and Financial Knowledge.
English Language Requirements
- A distinction (A+, A or A-) in the English Language subject at SPM/UEC level; or MUET Band 5; or a score of 196 (computer-based) / 525 (writing-based) / 69-70 (internet-based) in TOEFL; or Band 5.5 in IELTS.
- In the event that the English Language Requirements are not met, student may be required to undertake additional English module(s) prior to or concurrently with the undergraduate programme, based on the University’s decision.
International students holding equivalent academic qualifications but which are not conducted in English, are required to sit for the English Placement Test, which may result in the taking of the Certificate in English programme (1 to 10 months). Students who intend to pursue the above undergraduate programme directly, are advised to fulfil the above English requirements prior to commencing their studies at the University.
Note / Legend:
Discretion is given to the Head of School to deal with applicants who have results borderline to the Academic Requirements.
O-Level – 'A' to 'C'
UEC Credit – 'A1' to 'B6'
'A' Levels principal – 'A' to 'E'
This programme prepares students for exciting careers in the corporate sector, insurance sectors, risk management, financial industry, government agencies, and for graduate studies in finance and investment. Examples of career options include:
- Actuary
- Risk manager
- Investment Analyst
- Credit Manager
- Financial Analyst
- Treasurer
- Fund Manager
- Credit Analyst
- Financial Planner
- Investment Broker
- Investment Banker
- Financial Trader
- Calculus and Analytical Geometry
- Statistics and its Application
- Business Accounting
- Risk Management and Insurance
- Financial Management 1
- Microeconomics
- Co-Operative Placement 1
- Mathematics 1
- Probability Theory
- Financial Market and Institutions
- Managerial Accounting
- Mathematics 2
- Mathematical Statistics
- Introduction to Stochastic Process
- Applied Statistical Models
- Mathematics of Interest Rate
- Financial Statement and Analysis
- Co-Operative Placement 2
- Mathematics of Financial Derivatives
- Visual Basic. Net
- Investment Analysis
- Elective 1
- Life Contingencies I
- Introduction to Islamic Banking and Finance
- Corporate Finance
- Financial Management 2
- Loss Models
- Independent Project 1
- Stochastic Calculus for Insurance and Finance
- Treasury Management
- Elective 2
- Life Contingencies 2
- Multinational Finance
- Islamic Financial Market and Institution
- Equity Analysis
- Co-Operative Placement 3
- Independent Project 2
- Credibility Theory
- Statistical Simulation for Financial Modelling
- Elective 3
- Actuarial Practices
- Investment Portfolio Management
- Ethnic Relations
- Islamic Civilisation and Asian Civilisation
- Malaysian Studies
- 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.
- Obtain all three VEE (Validation by Educational Experience) credits before graduation – the equivalent of core subjects needed to attain a membership.
- VEE credits may go towards other actuarial qualifications such as from the Casualty Actuarial Society and Canadian Institute of Actuaries.
- UCSI is one of a few Malaysian private universities recognised as one of SoA’s UCAP (Universities and COLLEGES WITH Actuarial Programmes) schools.
- UCSI provides the most comprehensive SoA exam coverage in Malaysia.
- The Institute and Faculty of Actuaries (IFoA), UK has granted an Accreditation by Subject Agreement covering their CM1, CB1 and CB2 modules to UCSI University’s BSc. (Hons) Actuarial Science and BSc. (Hons) Actuarial Science and Finance programmes.
- Students who have passed the necessary courses with the required marks/grade that are set by IFoA , are eligible to receive these exemptions. These exemptions are effective from the Jan-Apr 2019 semester onwards.
- UCSI University is the first private institution in Malaysia recognised by IFoA, UK.
