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Bachelor of Science (Honours) in Actuarial Studies
About
This fully accredited Actuarial Science program by the IFoA (UK) positions APU as one of only seven universities in Asia to receive this prestigious global recognition. Taught by highly skilled faculty with professional and academic qualifications, the program provides students with a structured syllabus aligned with the standards of the IFoA (UK) and SOA (US), ensuring a comprehensive actuarial education. With a strong emphasis on practical experience, the program equips students with the necessary knowledge and skills to excel in the industry, offering extensive guidance to ensure graduates are fully prepared for actuarial careers.
Key facts
| Qualification | Bachelor's Degree |
| Study mode | Full-time |
| Duration | 3 years |
| Intakes | March, July, September |
| Total estimated cost (local) | S$ 28,844 |
| Total estimated cost (foreign) | S$ 31,232 |
Subjects
-
Actuarial Science
Duration
3 years
Tuition fees
| Description | Local students | Foreign students |
|---|---|---|
| Tuition fee | S$ 28,844 | S$ 31,232 |
| Miscellaneous fees | Data not available | Data not available |
| Total estimated cost of attendance | S$ 28,844 | S$ 31,232 |
| Estimated cost per year | S$ 9,614 | S$ 10,411 |
Miscellanous fees explained
Local students
| Description | Amount |
|---|---|
|
Library Deposit
(refundable)
Payable for the use of library facilities and is refundable on completion of studies. |
S$ 149 |
|
Engineering Laboratory Deposit
(refundable)
Payable for the use of the Engineering laboratory facilities and is refundable on completion of studies. |
S$ 149 |
| Enrollment Fees | S$ 238 |
Foreign students
| Description | Amount |
|---|---|
|
Application & Student Visa Fees
STAGE 1 (Payable upon acceptance of offer) RM 2,650 (approx. USD 620)* is payable when you have accepted the offer. This fee includes Visa Processing Fees by Education Malaysia Global Services (EMGS) and APU/APIIT Application & Processing Fees. This also entitles you to airport assistance and transfer to the University/accommodation upon first arrival in Malaysia. Please note that this Fee is non-refundable once the offer has been accepted. STAGE 2 (Payable upon Student Pass Visa Approval) RM 1,500 (approx. USD 350)* is payable once your Student Pass is approved. This fee includes the post-arrival processing fee, EMGS medical check-up in Malaysia, Medical Insurance for a year, i-Kad (International Student Card issued by Immigration Malaysia) charged to ALL International students in Malaysia, Electronic Visa Approval Letter (eVal), and the Student Pass Fees for one-year. The i-Kad issued by Immigration Malaysia will enable students to avoid having to carry their passports around for identification purposes and will be tied to their Student Pass Validity and will be re-issued at visa renewal. Please note that this Fee is non-refundable once the Student Pass Visa Approval Letter (VAL) has been issued by EMGS. |
S$ 1,239 |
|
International Student Registration & Administrative Fees
A fee of RM 5,000 is payable as registration & administrative fee for International Students. The Fees includes Student ID Card Fee for the duration of the course. |
S$ 1,492 |
|
Library Deposit
(refundable)
Payable for the use of library facilities and is refundable on completion of studies. |
S$ 149 |
|
Engineering Laboratory Deposit
(refundable)
Payable for the use of the Engineering laboratory facilities and is refundable on completion of studies. |
S$ 149 |
| Personal Bond (refundable) | S$ 298 |
Estimated cost as reported by the institution. There may be additional administrative fees. Please contact us for the latest information.
Every effort has been made to ensure that information contained in this website is correct. Changes to any aspects of the programmes may be made from time to time due to unforeseeable circumstances beyond our control and the Institution and EasyUni reserve the right to make amendments to any information contained in this website without prior notice. The Institution and EasyUni accept no liability for any loss or damage arising from any use or misuse of or reliance on any information contained in this website.
Admissions
Intakes
Entry Requirements
Direct Entry to Level 1 of the Degree
STPM
- 2 Passes in STPM with a minimum Grade C+ (GP 2.33) and a Credit in Mathematics and a Pass in English at SPM Level or its equivalent.
A-LEVEL
- 2 Passes (Grade A-D) in A-Level in any 2 subjects, and a Credit in Mathematics and a Pass in English at SPM/O-Level/ IGCSE or its equivalent.
UEC
- 5 Grade B’s in UEC including Mathematics with a Pass in English.
Matriculation/ Foundation
- Passed Foundation programme (minimum CGPA of 2.5) with a Credit in Mathematics and a Pass in English at SPM/O-Level/IGCSE or equivalent.
Note: The above entry requirements may differ for specific programmes based on the latest programme standards published by Malaysian Qualifications Agency (MQA). The qualification and entry requirements for the programmes will be determined based on the "Comparison List of Equivalency of International Qualifications with SPM (O-Levels equivalent) and STPM (A-Levels equivalent)" published by Malaysian Qualifications Agency (MQA).
ENGLISH REQUIREMENTS
International Students
- IELTS: 6.0
- TOEFL IBT: 60
- Pearson (PTE): 59
- MUET: Band 4
Curriculum
Year 1
Common Modules
- Probability Models
- Linear Algebra
- Business and Communication Skills
- Calculus
- Calculus II
- Financial Accounting
- Microeconomics
- Macroeconomics
- Introduction to R Programming
- Statistics
Year 2
Common Modules
- Advanced Probability Models
- Financial Statement Analysis
- Predictive Analytics
- Financial Mathematics
- Regression Analysis
- Financial Economics
- Financial Planning and Control
- Business Research Methods
- Financial Management
- Business Ethics & Governance
- Mathematics of Financial Derivatives
- Stochastic Processes
Internship (16 weeks)
Students will participate in a 16-week Internship or Industrial Training program to help them transition seamlessly from academic studies to the professional workplace.
Year 3
Common Modules
- Asset and Liability Valuations
- Life Contingencies
- Strategic Management
- Corporate Finance
- Risk Theory
- Investigation in Actuarial Studies
- Option and Bond Valuations
- Survival Analysis
- Life Contingencies 2
- Pension and Retirement Plans
- Project in Actuarial Studies
MQA Compulsory Modules:
- Appreciation of Ethics and Civilisation (M’sian Students)
- Malay Communication Language (Int’l Students)
- Philosophy and Current Issues
- Workplace Professional Skills
- Integrity and Anti-corruption
- Co-Curriculum