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Sunway Bachelor of Actuarial Studies combines a number of different topics that all have to do with using math and statistics in the financial services field. It aims to help students who want to become statisticians get started. Students will be prepared for professional tests that will lead to actuarial professional recognition from a globally recognized professional actuarial body.
Sunway College Ipoh is now offering a BSc (Hons) in Actuarial Studies in partnership with Sunway University, in addition to the curriculum provided at Sunway University’s main building.
| Intakes | January, April, September |
| Duration | 3 Years (full-time) |
Program Structure
Sunway Bachelor of Actuarial Studies is a three years program and its curriculum is as following.
First year
- Calculus
- Advanced Calculus
- English for Business
- Introduction to Probability
- Introductory Economics
- Linear Algebra & Applications
- Principles of Business Finance
- Principles of Financial Accounting
- Programming Principles
- Theory of Interest
Second year
- Communication Skills
- Derivative Securities I
- Derivative Securities II
- Financial Management
- Introduction to Statistics
- Life Contingencies I
- Life Contingencies II
- Mathematical Methods
- Risk Theory
Third year
- Community Project
- Internship
- Ratemaking & Loss Reserving for General Insurance
- Regression Analysis
- Simulation & Credibility Theory
- Social & Professional Responsibilities
- Survival Models
Elective Courses ( Choose any 3 in Year 3)
- Advanced Actuarial Mathematics and Finance
- Advanced Actuarial Statistics
- Design of Experiments
- Discrete Mathematics
- Financial Risk Management
- Life Insurance and Takaful
- Multivariate Analysis
- Risk-Based Capital Modelling for Non-life Insurers
- Research Project
- Stochastic Processes
- Time Series & Forecasting
MOHE Compulsory General Subjects
Local Student
- Appreciation of Ethics and Civilization
- Philosophy and Current Issues
- Bahasa Kebangsaan A (applicable to students who did not sit for SPM or did not obtain a Credit in SPM Bahasa Malaya)
- Community Project
International Student
- Malay Language for Communication 2
- Appreciation of Ethics and Civilization
- Community Project
Entry Requirements
| STPM | Average C+ or CGPA 2.33 (Minimum 2 principals) |
| A-Level | Minimum 12 points (Minimum of Grade D from 2 subjects) |
| Australian Matriculation | ATAR 60 |
| Canadian Matriculation | 60% |
| MUFY | 60% |
| Sunway Foundation in Arts |
CGPA 2.0 |
| Sunway Foundation in Science Technology |
CGPA 2.0 |
| Unified Examination Certificate | Maximum 26 points from 5 subjects |
| International Baccalaureate | Completed with minimum 25 points (excluding bonus points) |
| Sunway Diploma |
CAVG 50% or CGPA 2.0 |
General Requirements
- Any other equivalent qualifications
- Applicant with no standard qualification will be considered on a case-to-case basis
- Credit in Mathematics at SPM or equivalent
English Requirements
- IELTS or equivalent 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
Career Options
- Actuarial reserving analyst
- Catastrophe risk analyst
- Chief actuary in casualty insurance/health/life/property
- Chief Executive Officer
- Chief financial officer
- Financial risk manager
