Taylors Bachelor of Actuarial Studies program provides students with an excellent understanding of the mathematical and statistical ideas required for studying many different areas of actuarial science, such as risk assessment, insurance, financial planning, and investment analysis. Students will graduate with good ability to analyze and solve problems to make smart choices in complicated business and financial situations, due having access to practical learning experiences that improve their academic experience.
School | Business |
Study Options | Full time only |
Overseas Transfer Options | United Kingdom (UK) |
Study Program | 3 or 4-year |
Intakes | February, April and September |
Program Structure
Taylors Bachelor of Actuarial Studies program aims to provide students with strong analytical problem solving skills as well as specific training in calculating and controlling financial risks for companies. Taylor’s is committed to enhancing their learning experience by offering a variety of exciting options that will help students get the most out of their financial science studies.
Common Courses
- 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 program only)
University Courses
This component is intended to promote critical thinking, social intelligence, civic duty, and cultural awareness. It consists of Malaysian Ministry of Higher Education compulsory and nationally mandated study modules.
- Appreciation of Ethics and Civilization / Malay Communication 2
- Philosophy and Current Issues
- Emotional Intelligence in Action
- Integrity and Anti-Corruption Course
- Social Innovation Project
Entry Requirements
Taylors program provides a great opportunity for those who are interested in Actuarial Studies. Please review their entrance requirements stated below to guarantee a smooth acceptance process.
Prerequisites
- SPM/O-level or equivalent (A pass in SPM/O-level or equivalent with 5 credits, including Mathematics. (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)
General Requirements
Required Degree | Minimum Score |
Taylor’s Foundation |
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Taylor’s Diploma |
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Sijil Tinggi Persekolahan Malaysia (STPM) |
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Unified Examination Certificate (UEC) |
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A Levels |
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South Australian Matriculation (SAM) / SACE International |
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Canadian Pre-University (CPU) |
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International Baccalaureate (IB) |
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MUFY |
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Other Equivalent Qualifications |
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English Requirements
English Test | Band or Score |
MUET/ IELTS/ TOEFL/ UEC | Pass English |
Pre-University / Diploma | Completed Pre-U/ Diploma that was conducted in English |
Taylor’s IEN | Level 2 – Grade C |
Taylor’s EET | Overall Score 5.0 |
Career Options
- Actuarial Analyst
- Accountants
- Auditors
- Budget Analyst
- Economist
- Mathematician
- Statistician
- Personal Financial Advisor
- Forensic Accountant
- Chartered Accountant
Program Fees
Local Student | 3 Years (MYR 105,458 ) | 4 Years (MYR 115,970) |
International Student | 3 Years (USD 27,823 ) | 4 Years (USD 30,736 ) |
Overseas Transfer Options
Taylor’s allows you to complete your Bachelor of Actuarial Studies with one of our established partner universities in the United Kingdom.
University of Essex
- BSc Actuarial Science | 1 + 2 years
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