Learn more about Courses and the requirements, fees and other details.
Ask Questions to get an education expert’s advice immediately.
Get the latest information about education news, tips and career opportunities.
Find out information about different Institutions and apply to them directly.
A link will be sent via e-mail to initiate password reset. Please check your inbox.
If you have not received it, Seconds, please click here.
If you have not received it, please click here.
You have reached your password reset limit for today. Please check your spam folder, retry tomorrow or contact us now
A One Time Password (OTP) has been sent to your number at Update Phone Number
Skip Now
Back
Want to change your mobile number? Update Mobile Number
Didn’t get a call from us? Retry now Want to change your mobile number? Update mobile number
Want to change your mobile number? Update mobile number
We have saved your mobile number successfully! You may retry tomorrow.
Your IVR verification call has been initiated.
Visit the International Students section on our website to find out the latest news and everything you need to know about studying in Malaysia.
Published by Afterschool.my on Sep 17, 2015, 10:56 am
Actuarial science can be a form of science and art, as they refer to statistical data to build mathematical models and interpret results for solutions. While most actuaries work in insurance companies, more industries need their expertise to assess risks, mine data, and other non-traditional responsibilities.
What do you need to know before pursuing a course in Mathematics & Actuarial Science? To find out, we approached Assistant Professor Dr Soo Huei Ching at the Heriot-Watt University Malaysia School of Mathemical and Computer Sciences.
Actuaries must be very good at mathematics but they also need analytical, project management and problem solving skills. A good business sense and strong computer skills are also essential. In addition, solid communication skills, creativity and the ability to work in a team are required.
In terms of traditional actuarial employment, most actuarial graduates work in the insurance industry; there have always been a large demand for actuaries in pensions, life insurance and reinsurance. In addition, there are increasingly more job opportunities in general insurance, takaful, risk-management and investment.
The analytical skills acquired by an actuarial graduate are now highly sought after by many non-traditional employers in the financial services industry. Many graduates are employed in finance and investment e.g. investment banks, retail banks or rating agencies. They are also needed for regulatory and oversight positions as in Bank Negara and in accounting firms such as Ernst and Young, PwC. A number of firms outside of the financial services industry (for example, hospitals and oil companies) now have many job opportunities in risk-management and actuarial graduates are well-suited to fill these positions. Actuarial graduates can also find employment as educators, statisticians, or statistical/econometric researchers.
There is a wide scope of material that an actuarial student must cover, so he/she must be prepared to study a very diverse set of subjects. The path to qualify as a fully-qualified actuary (Fellow) can be a long and difficult one. As such, students have to be hard-working, determined and resilient. Graduates must also be prepared to study and work at the same time as they will likely take their final few exams while they are full-time employees.
Heriot-Watt University Malaysia offers actuarial science courses as well as degrees in renewable energy, engineering, business and quantity surveying. It is the second international campus of the UK-based Heriot-Watt University.
Read more: 7 questions to ask if you want to study Actuarial Science
Muhammad Faris Fiqran bin Muhammad, a student from the Faculty of Creative Multimedia (FCM) at Multimedia University (MMU) has made the university proud by clinching second place in the higher education institution category of the Pertandingan Pidato SMJ Piala Ketua Menteri. The competition was held..
Management and Science University (MSU) has accomplished another outstanding achievement through its debut in the Times Higher Education (THE) World University Rankings 2025. This entry is a testament to the university’s commitment to academic excellence, highlighting its strong performance on..
Revolutionising ACCA Education with the TYMBA ApproachTYMBA Education is shaping the leaders of tomorrow in professional accountancy with world-class programmes that empower students to achieve excellence.In today’s fast-paced accounting industry, having strong soft skills and practical insigh..
While most teenagers are drawn to video games or sports, Leen Jason’s interests took him in a different direction. From as young as 13 years old, Jason was deeply captivated by the world of finance and investing. This captivation has led him to a promising career in investment analysis, not ev..
With the recently announced Budget 2025 unveiling a historic RM82.1 billion allocation for the education sector, there is a clear commitment from the government to shaping the future of learning in Malaysia. From primary schools to universities, this budget will bring massive change across all level..
On 29th July, KYUEM celebrated Hari Batik, a full-day event dedicated to promoting and celebrating the rich cultural heritage of batik, a traditional Malaysian art form. The festivities began early at 8 am and continued throughout the day, featuring a series of exciting and immersive activities aime..
“I made a promise to myself when I was about 12 years old that I would get into the best university in the world." In 2020, Kuberan Hansrajh Kumaresan nurtured his nearly decade-long dream of becoming an Oxford student into reality. While his story could, on the surface, be a shining..
On the night of Wednesday, 26th June 2024, during semester break, the first discussion on planning the Prophet Remembrance Week (PRW) took place. This marked the beginning of months of preparation to celebrate Rabiul Awal, the month in which Prophet Muhammad (peace be upon him) was born. The high co..
Chan Kien Yew, studying the Bachelor of Computer Science (Honours) in Software Engineering clinched the On 19 September 2024, in anticipation for the release of The Story of TARCians, a special docudrama about TAR UMT, the University organised a soft launch for the film, which has been in production..
First Runner-up spot at the Make It Challenge, a national-level web3 hackathon held on 6 July 2024. The hackathon required more than 110 participants to implement green solutions on blockchain to develop net zero and sustainable cities. On top of the First Runner-up prize, Kien Yew also won the..
Get the information first
Afterschool.my
Shares
0
1
Need help?
