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APU BSc Actuarial Studies in Financial Technology is a course that mixes math skills with new financial tech knowledge. Students learn about risk, finance, and new technologies like digital money and online banking. After finishing, they can work in many jobs such as roles in insurance, new tech finance companies, and banks.
The course helps students be ready for the future of finance, which uses more and more technology.
Program Outline
APU BSc Actuarial Studies in Financial Technology is specifically designed to teach students :
- A course of study in Actuarial Science with a specialism in Financial Technology which has been awarded full accreditation by the IFoA (UK).
- Competent teaching staff with professional or specialized academic qualification, possessing working experience from actuarial industries/academia.
- Course syllabus which is comprehensively structured in tandem and compliance with the 2 biggest actuarial bodies, the IFoA (UK) and the SOA (US).
- Comprehensive guidance to mold graduates to be industry ready.
Degree Level 1
In year 1, students getting to know basic training in Mathematics, Statistics, Economics, and Finance. Beside these primary subjects, they will also get experience in Business, Communication, and IT skills. Once they have understand these basics, they move on to the more advanced topics in Level 2 of the Actuarial Science program.
Common Courses
- Probability Models
- Linear Algebra
- Business and Communication Skills
- Calculus
- Calculus II
- Financial Accounting
- Microeconomics
- Macroeconomics
- Introduction to R Programming
- Statistics
Degree Level 2
In year 2, students use their math and statistics knowledge to help with more complicated financial planning in the actuarial field. This knowledge becomes tools for practical work.
APU teaches students in a way that is close to real job situations. As time goes on, they learn to study and research more on their own.
Common Courses
- Advanced Probability Models
- Predictive Analytics
- Financial Mathematics
- Regression Analysis
- Financial Economics
- Business Research Methods
- Financial Management
- Mathematics of Financial Derivatives
- Stochastic Processes
Specialized Courses
- Financial Technology
- Enabling Fintech
- Application of AI in Finance
Internship
To bridge the gap between academic and professional worlds, students will experience an Internship or Industrial Training for at least 16 weeks. This ensures they transition smoothly from academic settings to real world jobs.
Degree Level 3
In year 3, Students are now ready to use what they have learned and their work experience to handle risks.
They will look at how well a business is doing with money, like an actuary would. They will see how actuaries help decide the cost of insurance. Students will use skills like managing risks, making models, and deciding rates.
Common Courses
- 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
- Project in Actuarial Studies
Specialized Courses
- Fintech Risk management and Regulations
MQA Compulsory Subjects
- Appreciation of Ethics and Civilization (Malaysian Students)
- Malay Communication Language (International Students)
- Philosophy and Current Issues
- Workplace Professional Skills
- Integrity and Anti-corruption
- Co-Curriculum
APU-DMU Dual Degree
Students enrolled in the Bachelor’s Degree Program are presented with the opportunity to join the APU-DMU Dual Degree Scheme. By choosing this pathway, upon graduation, students will be awarded two Degree Certificates & Transcripts: one from Asia Pacific University (APU) in Malaysia and another from De Montfort University (DMU) in the UK.
| Duration | Intakes |
| 3 Years (6 Semesters) |
14 Mar 2024 | 25 Jul 2024 24 Sep 2024 | 21 Nov 2024 |
Admission Requirements
| General Requirements | |
| Direct Entry to Level 1 of Degree | |
| STPM | 2 Passes in STPM with a minimum Grade C+ (GP 2.33) and a Credit in Mathematics at SPM Level or its equivalent. (MUET Band 2 is required for all Malaysian Students) |
| A-Level | 2 Passes in A-Level in any 2 subjects, and a Credit in Mathematics at SPM/O-Level/IGCSE or its equivalent. |
| UEC | 5 Grade B’s in UEC including Mathematics. (MUET Band 2 is required for all Malaysian Students) |
| Foundation/ Matriculation | Passed Foundation program (minimum CGPA of 2.5) with a Credit in Mathematics at SPM/O-Level/IGCSE or equivalent. |
| Direct Entry to Level 2 of Degree | |
| Diploma in Accounting | Passed Diploma with minimum CGPA of 2.5 and a Credit in Mathematics at SPM/O-Level/IGCSE level. |
English Requirements for International Students
- IELTS : 6
- TOEFL iBT : 60
- Pearson (PTE) : 59
- MUET : Band 4.0
Career Options
- Actuary
- FinTech Specialist
- FinTech Consultant
- FinTech Engineer
- Data Analyst
- Risk Analyst
- Financial Analyst
- Business Analyst
- Financial Planning Advisor
- Investment & Portfolio Manager
- Regulator
- Statistician
- Mathematician
- Professor
Course Fees
| Malaysian Students | International Students |
| Year 1: RM 25,400 | Year 1: RM 29,800 (USD 7,270) |
| Year 2: RM 25,800 | Year 2: RM 31,500 (USD 7,680) |
| Year 3: RM 26,800 | Year 3: RM 32,200 (USD 7,855) |
| Total: RM 78,000 | Total: RM 93,500 (USD 22,805) |
