OVERVIEW

 

This Bachelor of Actuarial Studies programme curriculum equips you with a strong understanding of the mathematical and statistical concepts that allow you to explore various areas of actuarial science, including risk assessment, insurance, financial planning, and investment analysis. With access to experiential learning opportunities that enrich your academic experience, you will graduate with solid analytical and problem-solving skills to make informed decisions in complex business and finance environments.

School
Business 

Intake Month

February, April and September

Study Options

Full-time only

Accreditation
by SOA, IFOA, and CAS

Overseas Transfer Options

United Kingdom (UK)

Study Programme

3 or 4-year

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Accreditation and/or Exemptions

Taylor's Actuarial Studies programme has been accredited and recognised by:

What You Will Get

After graduated from Taylor's Actuarial Studies Programme, you will be:

  • Eligible to apply for IFTA's Graduate Member.
  • Priority Entrance for all IFTA events.
  • Get member discounts for IFTA seminars, workshops, conference and bootcamps.
  • Eligible to apply for AFT/CFT qualification upon completion of 6 papers.

Key Highlights of Bachelor of Actuarial Studies

PROGRAMME STRUCTURE
ENTRY REQUIREMENTS
OVERSEAS TRANSFER OPTIONS
Spotlights
FUTURE CAREERS

This degree programme is designed to equip you with powerful analytical problem-solving skills and specialised training in calculating and effectively managing financial risks for businesses. We're dedicated to enriching your learning experience by providing a range of captivating opportunities that will help you extract the utmost value from your actuarial science studies. 

Primary Major

Primary Major

This component consists of Common Core subjects, which are common modules across a discipline that provides the fundamental knowledge of the discipline.

 

Common Core

  • Introduction to Accounting*
  • Calculus
  • Mathematical Statistics*
  • Microeconomics*
  • Insurance Practices and Takaful
  • Advanced Calculus
  • Probability Theory
  • Mathematics of Finance
  • Macroeconomics*
  • Fundamentals of Linear Algebra
  • Introduction to Finance*
  • Programming
  • Life Contingencies I
  • Life Contingencies II
  • Applied Statistical Methods
  • Corporate Finance*
  • Derivatives
  • Risk Theory
  • Stochastic Process
  • Survival Models
  • Simulation and Credibility Theory
  • Stochastic Calculus for Financial Economics
  • Project
  • Short Industrial Training
  • Long Industrial Training (for 4-year programme only)

Notes

  1. * Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.
  2. All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.
University Core

University Core

This component aims to develop critical thinking, build up social intelligence and cultivate civic responsibility as well as broaden cultural knowledge. These consist of compulsory and nationally-mandated study modules required by the Malaysian Ministry of Higher Education.

 

  • Penghayatan Etika dan Peradaban / Bahasa Melayu Komunikasi 2
  • Falsafah dan Isu Semasa
  • Emotional Intelligence in Action
  • Kursus Integriti Dan Antirasuah
  • Social Innovation Project

Note:

  1. Students are requested to take Bahasa Kebangsaan A if they do not obtain a Credit for Bahasa Malaysia in SPM.
  2. All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.
Flexible Education

Flexible Education

The Flexible Education component offers students the flexibility to explore modules in a related or unrelated field, enhancing and complementing their primary major. This component allows students to broaden their knowledge and skills by selecting modules from the same or different schools within the university.

 

Flexible Education can take various forms, including free electives, extensions, minors, or even a second major. These options provide students with the opportunity to delve deeper into a specific area of interest or broaden their understanding by exploring a different field of study.

 

Click here to see a full list of all available Flexible Education Components.

 

You will need to choose one of the package below.

 

Free Electives

 

You will need to select any five (5) of the Free Electives offered by Taylor's University. You can refer to the Flexible Education Guide for the complete list.

 

The free electives offered are subject to availability and you will need to meet the minimum module pre and co-requisite.

 

Recommended Electives

  • Advanced Corporate Finance
  • Blockchain Economics
  • Business Ethics and Governance (IBMP)
  • Enterprise Risk Management
  • Financial Reporting
  • Fintech and Innovation
  • International Finance
  • Leadership and Change Management
  • Life Insurance and Pension Funds
  • Marketing Management (IBMP)
  • Organisational Management (IBMP)
  • Portfolio Management
  • Ratemaking and Loss Reserving for General Insurance

 

 

Notes:

  • Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.
  • All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Are you ready to take the next step in your academic journey? Our programme offers an exciting opportunity for individuals passionate about the field of Bachelor of Actuarial Studies. To ensure a smooth admission process, please take note of our entry requirements listed below.

Prerequisites

Prerequisites

SPM / O-Level with Pre-U / Foundation

Pass SPM / O-Level or equivalent with 5 credits including Mathematics and a pass in English for entry with pre-university/ foundation qualification (Except for UEC)

SPM / O-Level with Diploma

Pass SPM / O-Level or equivalent with 3 credits including Mathematics and a pass in English for entry with Diploma qualification

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Entry Pathway

Entry Pathway

Taylor's Foundation

Pass any Taylor's Foundation programme with min. CGPA 2.00

 

Taylor's Diploma

Pass any Taylor's Diploma programme with min. CGPA 2.00

 

Sijil Tinggi Persekolahan Malaysia (STPM)

Min. CC 

 

Unified Examination Certificate (UEC)

Pass with min. 5Bs including Mathematics and minimum pass in English

 

A Levels

Minimum DD, or an equivalent of a minimum of 120 points

 

South Australian Matriculation (SAM) / SACE International

Min. ATAR 60

 

Canadian Pre-University (CPU)

Min. average of 60% in 6 subjects

International Baccalaureate (IB)

Minimum of 24 points for 6 subjects

 

Monash University Foundation Year (MUFY)

Overall 50%

 

Other Equivalent Qualifications

  • Pass Business Foundation from any other HEI
  • HSC (Yr 12), New South Wales with min. average 60% in 5 subjects
  • Pass MOHE Matriculation with a CGPA of 2.00
  • Pass Foundation (in other fields) from other institutions recognised by MoHE
  • Pass DIB or Diploma in other fields from other institutions recognised by MoHE
  • Application via APEL A is allowed
  • Other equivalent qualifications recognised by the Malaysian Government

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

English Requirements

English Requirements

MUET/ IELTS/ TOEFL/ UEC

Pass English

 

Taylor's EET

Overall Score 5.0

Taylor's IEN

Level 2 - Grade C

 

Pre-U/ Diploma

Completed Pre-U/ Diploma that was conducted in English

Notes

  • For international students qualification not conducted in English are required to achieve a minimum score of 6.0 for IELTS (May join IEN preparatory course and achieve the IELTS score)
  • All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Leverage the opportunity to complete your Bachelor of Science (Hons) degree in Actuarial Studies with our trusted partner university in the United Kingdom.

UNITED KINGDOM 🇬🇧

University of Essex

University of Essex

  • BSc Actuarial Science | 1 + 2 years
University of East Anglia

University of East Anglia

  • BSs Actuarial Science | 1 + 2 years
  • BSc in Actuarial Science with Placement Year | 1 + 3 years
  • MMath Actuarial and Data Science | 1 + 3 years

Beyond The Classroom

Hear it From Our Student

When you've successfully completed this Bachelor of Actuarial Studies programme, you could embark on any of these exciting careers, including:

  • Actuarial Analyst
  • Accountants
  • Auditors
  • Budget Analyst
  • Economist
  • Mathematician
  • Statistician
  • Personal Financial Advisor
  • Forensic Accountant
  • Chartered Accountant

Experience Taylor's University Through the Eyes of Our Students

 

Are you curious about what what the Bachelor of Actuarial Studies (Honours) programme is like in the eyes of a current student? Our Unibuddy program is here to connect you with our friendly and knowledgeable student ambassadors. 

 

Why Talk to a UniBuddy?

  • Real Insights: Get honest, firsthand experiences about studying and living here.
  • Personalized Advice: Whether it’s about course workload, best study spots, or student clubs, get the lowdown on what interests you.
  • Diverse Perspectives: Our student ambassadors come from various backgrounds and study different courses. Find someone who shares your interests or challenges!

 

Ask anything you like about studying with us. Our student will get back to you within 24 hours.

Bachelor of Actuarial Studies (Honours)

I am Approximate Total Fees (3 Years) Approximate Total Fees (4 Years)
Local Student
MYR 105,458
MYR 115,970
International Student
USD 27,823
USD 30,736

We offer scholarships to help brightest minds

reach their fullest potential.

Note: Programme fees are reviewed annually. Taylor’s University reserves the right to revise the fees payable on any given semester.

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