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BSc (Hons) Actuarial Science

BSc (Hons) Actuarial Science

Heriot-Watt University Malaysia Campus
 Putrajaya, WP Putrajaya, Malaysia


 Qualification Bachelor's Degree
 Study mode
Full-time
 Duration
3 years
 Intakes
September
 Total tuition fee (local) RM 43,920
 Total tuition fee (foreign) RM 49,920
Entry Requirements
Entry requirements
  • Heriot-Watt University Malaysia Foundation in Science: ABBC – A in Mathematics, B in Physics, B in Chemistry, C in Academic English/Study Skills
  • Heriot-Watt University Malaysia Foundation in Business and Design: ABBC – A in Mathematics, B in Accountancy and Finance, B in Business Management, C in Academic English/Study Skills
  • A-Level: ABB including A in Mathematics
  • STPM: ABB including A in Mathematics
  • Diploma with high level of attainment in mathematics recognised by the Malaysian Government
  • Any other relevant qualification with high level of attainment in mathematics recognised by the Malaysian Government

English language requirements

  • If English is not your first language, then evidence of proficiency equivalent to IELTS 6.5 is required.
Curriculum

First Year

  • Probability and Statistics
  • Actuarial and Financial Mathematics
  • Linear Algebra
  • Multivariate Calculus and Real Analysis
  • Finance and Financial Reporting
  • Practical Work

Second Year

  • Life Insurance Mathematics
  • Statistical Models
  • Stochastic Processes
  • Portfolio Theory and Asset Models
  • Survival Models
  • Derivative Markets and Discrete-time Finance
  • Project Work

Third Year

  • Risk Theory
  • Financial Risk Management
  • Pension Funds
  • Life Office Practice
  • Time Series
  • Bayesian Inference
  • Other electives in mathematics and economics