What will I learn?

This programme draws together a variety of subjects that involve applying mathematical and statistical techniques in the financial services industry. It is designed to pave the way for students wishing to embark on a career as an actuary. Students will be prepared for professional exams leading to the qualification of an actuary from a globally recognized professional actuarial body.

Our programme is accredited by the Institute and Faculty of Actuaries (IFoA), UK. Students in our programme are eligible for exemptions from the IFoA professional exams for papers CS1, CS2, CM1, CM2, CB1 and CB2.

Our programme is also recognized by the Society of Actuaries (SOA), US. As the SOA requires students to undertake courses to fulfill their Validation by Educational Experience (VEE) requirements, our school offers subjects that will directly allow students to achieve their full VEE exemptions. We also prepare our students to sit for SOA professional exams throughout their undergraduate programme.

The Society of Actuaries (SOA), USA, Casualty Actuarial Society (CAS), USA, and Canadian Institute of Actuaries (CIA) conduct actuarial professional exams leading to professional designations such as Fellow of the Society of Actuaries (FSA), Chartered Enterprise Risk Analyst (CERA), Fellow of the Casualty Actuarial Society (FCAS) and Fellow of the Canadian Institute of Actuaries (FCIA).

Our programmed also provides exemptions for 3 papers (VEE) from the professional bodies on condition that the student scores at least B- (or equivalent grade) in the designated subjects offered in the program me.

The Associateship of the Malaysian Insurance Institute (AMII) is an alternative professional qualification for students to consider. There is an accelerated pathway to this professional qualification, via our BSc (Hons) in Actuarial Studies programme. Students are eligible for exemptions of up to 11 AMII modules (out of 14 AMII modules), with the possibility of completing the remaining modules within the 3-year degree. This is an exclusive opportunity for the students to obtain a Bachelor’s Degree and professional qualification upon graduation.

Students have the option of transferring to Macquarie University to complete their degree in Australia under a 1+2 articulation arrangement

Students have the option of transferring to University of East Anglia to complete their degree in the UK under a 1+2 articulation arrangement

Students have the option of transferring to University of Kent to complete their degree in the UK under a 1+2 articulation arrangement

Career prospects

  • Chief Actuary in Life / Health / Property / Casualty Insurance
  • Chief Executive Officer
  • Financial Risk Manager
  • Actuarial Reserving Analyst
  • Chief Financial Officer
  • Catastrophe Risk Analyst
  • Consulting Actuary
  • Underwriting Auditor
  • Actuarial Pricing and Risk Analyst
  • Pension / Retirement Plan Actuary

Which department am I in?

School of Mathematical Science

Study options

Full Time (3 years)

Tuition fees
RM26,100.00 (US$ 6,282) per year
RM 78,300 for the entire course, RM 10,500 (Resource Fee); Intl admin fee: RM 5,940

*Price shown is for indicative purposes, please check with institution

Start date

January 2020, March 2020, August 2020

Venue

Sunway University

No. 5, Jalan Universiti,

Bandar Sunway,

SUBANG JAYA,

Selangor,

47500, Malaysia

Entry requirements

For students from United States

Students should have A-Level (minimum 12 points). English Language Requirements: IELTS 6.0; PTE Academic 50 overall (minimum 46 in each skill); MUET Band 4; SPM English B3 or B+; UEC English B4; O-Level English (1119) Credit; Sunway Intensive English Programme (IEP) Pass Level 4 with minimum 65%; ESL/English Satisfactory level in Pre-University programmes, where the medium of instruction is English.

For international students

Any foreign qualification that is equivalent to below given Malaysian qualifications is eligible for admission to this programme:

STPM with average C+ or CGPA 2.33 (minimum 2 principals); A Level: minimum 12 points; Australian Matriculation: ATAR 60; Canadian Matriculation: 60%; MUFY: 60%; Sunway Foundation in Arts: CGPA 2.0; Sunway Foundation in Science and Technology: CGPA 2.0; UEC: Maximum 26 points from 5 subjects (all Grade Bs); IB: Completed with minimum 25 points (excluding bonus points).

They also must have

TOEFL 550 paper-based, 213 computer-based, 80 internet-based

IELTS 6.0

PTE Academic 50 overall (minimum 46 in each skill)

MUET Band 4

SPM English B3 or B+

UEC English B4

O-Level English (1119) Credit

Sunway Intensive English Programme (IEP) Pass Level 4

ESL/English Satisfactory level in Pre-University programmes, where the medium of instruction is English

ADD TO MY FAVOURITES

About this uni

Sunway University is in the top 2% of universities in Asia, according to QS Asia University Rankings 2019.

  • 880,000-square-feet campus in the heart of Sunway City
  • Awarded 5-star rating in QS Stars University Rankings 2019
  • Has drawn over 26,000 students from over 90 countries
  • Offers a range of scholarships worth RM 402 million