BSc (Hons) Actuarial Science & Finance

This programme is the first degree in Malaysia to combine both fields of study. It is designed to hone competencies in financial investment management, asset valuation and risk management for various financial assets as well as provide the essential working knowledge required in the financial industry. Students will also have the flexibility to focus on either the Society of Actuaries (SoA) or other finance-related professional qualifications. 

Courses Offered

Year 1

• Calculus and Analytical Geometry
• Statistics and its Applications
• Microeconomics
• Business Accounting
• Risk Management and Insurance
• Probability Theory
• Macroeconomics
• Introduction to Programming
• Financial Market and Institutions
• Managerial Accounting
• Cooperative Placement

Year 2

• Mathematics I
• Mathematics of Interest Rates
• Mathematical Statistics
• Introduction to Stochastic Processes
• Financial Management 1
• Mathematics II
• Applied Statistical Models
• Elective 2
• Investment Analysis
• Cooperative Placement

Year 3

• Independent Project I
• Mathematics of Financial Derivatives
• Elective 3
• Loss Models
• Financial Statement and Analysis
• Independent Project II
• Elective 1
• Elective 4
• Credibility Theory
• Stochastic Calculus for Insurance and Finance
• Treasury Management
• Bahasa Kebangsaan A (optional)
• Cooperative Placement

Electives

Elective 1 (choose one)

• Introduction to Islamic Banking and Finance
• Corporate Finance
• Financial Management 2
• Investment Portfolio Management

Elective 2 (choose one)

• Islamic Financial Markets and Institutions
• Multinational Finance
• Equity Analysis
• Life Contingencies 1

Elective 3 and 4 (four choose two)

• Actuarial Practice
• Statistical Simulation for Financial Modelling
• Life Contingencies 2
• Survival Models

General Courses (MPU) are compulsory for all students.

For Malaysian students:

1. Appreciation of Ethics and Civilisations
   (Penghayatan Etika dan Peradaban)
2. Philosophy and Contemporary Issues
   (Falsafah dan Isu Semasa)

For foreign students:

1. Philosophy and Contemporary Issues
2. Communication in Bahasa Melayu 3
   (Bahasa Melayu Komunikasi 3)

All students:

1. U2 - University Life
2. U2 - Integriti dan Anti Rasuah (Integrity and Anti-Corruption)
3. U4 - Extracurricular Learning Experience 1
4. U4 - Extracurricular Learning Experience 2
5. U4 - Extracurricular Learning Experience 3