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Studying Actuarial Science in Malaysia involves utilising mathematical and statistical methods to assess risk in the insurance and finance industries.
As a profession, you are awarded a working environment that is intellectually stimulating and challenging with continuous growth in technical skills and ability. Do you like helping people? Do you want to help them get good healthcare and maybe protect themselves in old age? Do you want to create economic growth in Malaysia? Do you like taking calculated risk because you’re good at analysing one before going through with it? Lastly and most importantly, do you know who an Actuary is? (H
Additional Maths
Mathematics
Bahasa Malaysia
Probability and Statistics A
Probability and Statistics B
Linear Algebra
Finance and Financial Reporting
As a profession, you are awarded a working environment that is intellectually stimulating and challenging with continuous growth in technical skills and ability.
With so many degree options out there, here are some top reasons why you should study Actuarial Science
With an Actuarial Science degree, you can work in different fields such as life insurance, health department, bank, property and even make structures for life insurance policies.
Most people are not aware that there is such a thing as ‘Actuarial Science’ and how important it is, hence, those venturing in this field have a wide range of opportunities when applying for a job.
Not everyone is gifted with a brain that loves calculating. So if you’re one of those that can’t imagine life without Maths and Statistics, then this field is perfect for you.
“With data-driven insights already transforming insurance and the industries actuaries work in, now is the time to rethink our roles, skill set and value proposition.”
- Bill Konstantinidis
A-Level/STPM :
ABB including A in Mathematics
UEC :
6A including A1 in Mathematics and Advanced Mathematics
SAM :
ATAR 90
SMA 3 (Indonesia) :
8
IB Diploma :
28 points
Degree :
A relevant first or second class Honours degree, or a degree qualification, or equivalent qualification recognised by the Malaysian Government, acceptable to the University.
Degree in mathematics with min CGPA 2.5 or third class honours or equivalent
Bachelor’s degree in a relevant field of study with a first class honours
Master's :
Master’s degree in a relevant field of study
Important Note: Actuarial Science consists of very difficult examinations. Even those who memorised, crammed and mastered every detail of the textbook find it difficult to ace it. .
It is not necessary for you to do your postgraduate or be a professional but doing so would help you advance in your career. You can opt to work straight after degree.
You know that 1+1 = 2. You know that if you had to take 3 things with you to a deserted island, one of them would be a boat. You know the chicken came before the egg. You don’t know all this because you’re smart, you know these things because it’s simple logic.
You have no issues conveying a complicated assignment to the rest of the class because you’ve mastered the art of simplifying complicated information into simple terms everyone can understand, without skimping on the details.
While everyone else dreaded the day the Additional Mathematics exam fell on, that was your easiest paper. You didn’t really have to study much either, because by just listening in class, you were able to pick up all the skills needed. While some may have been born with a silver spoon in their mouths, you were born with a calculator in yours.
Actuary
Financial Analyst
Cost Estimator
Accountant
Below are a few of the top Actuarial Science firms in Malaysia.
Do note that all courses should be accredited by the Malaysian Qualifications Agency (MQA). Click here to check if the course you choose is accredited. For a start, here are some of the most popular Actuarial Science schools in Malaysia.
Kuala Lumpur
Nov 15, 2024
Nov 08, 2024
Nov 07, 2024
Nov 04, 2024
Oct 29, 2024
Oct 24, 2024
Oct 23, 2024
Oct 22, 2024
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