Master of Science in Actuarial Science
Asia Pacific University of Technology & Innovation · Kuala Lumpur, Malaysia
QS World University Ranking: N/A
Quick Overview
Apply Now📘 Program Overview
The Master of Science in Actuarial Science at Asia Pacific University of Technology & Innovation is designed to provide coverage of the IFoA curriculum and exemptions from 7 professional exams (CS1, CS2, CM1, CM2, CP1, CP2 and CP3), while also building skills in advanced data analytics alongside conventional actuarial practice.
You will study through 10 compulsory core modules plus 1 project and 4 elective modules (choose 1 from each elective module option), with the program requiring you to plan and undertake a research programme and defend your project work to academic peers.
🎯 Course & Curriculum
Course structure
- Complete pre-requisite modules for non-actuarial students: Introduction to Actuarial Mathematics and Statistics (intensive delivery).
- Study core modules including Data Analytical Programming, Professional Communication, Actuarial Practice I, and Risk Modelling and Survival Analysis I.
- Continue with core modules including Actuarial Statistics I and Actuarial Mathematics I.
- Build advanced capability through core modules such as Modelling in Actuarial and Analytics.
- Study Actuarial Practice II and Financial Engineering and Loss Reserving I.
- Choose elective modules (Elective Module 1, 2, 3, and 4), such as Managerial Economics, Econometrics and Causal Inference, and Advanced Business Analytics and Visualization.
- Complete core content through Application in Industry Practices and Financial Engineering and Loss Reserving II (where selected through the Elective Module 4 options).
- Undertake the programme project, demonstrating the ability to plan and undertake a research programme and to defend the work to academic peers.
- Apply actuarial theory and analytics to a real-world problem for business and industry through the project report.
Career outcomes
- You train for actuarial and analytics roles by combining actuarial practice modules with advanced data analytics content included in the MSc syllabus.
- You build job-ready capabilities for positions such as Actuary, Risk Analyst, Data Analyst, Data Scientist, Data Engineer, and Financial Analyst as listed in your career path options.
- You strengthen industry relevance because the programme includes an Application in Industry Practices component and a project expected to address real business and industry problems.
- You can align your studies with professional actuarial credentials because the programme outline covers the IFoA curriculum and exemptions from multiple professional exams.
- You develop communication and applied modelling skills needed for consulting, regulator, and finance career pathways shown in the programme’s career path list.
- You gain a foundation for long-term progression into senior specialist and leadership roles such as Regulator and Professor through advanced technical and research-based training.
Employability rate
APU states a 100% employability rate for this programme.
This suggests strong career demand for graduates who complete the MSc in Actuarial Science with both actuarial practice and advanced data analytics training.
✅ Entry Requirements
Academic qualification
| Requirement | Details |
|---|---|
| Bachelor's degree (international applicants) | International applicants must hold a Bachelor’s degree in Actuarial, Mathematics, Statistics or Computing with a minimum CGPA of 2.75 (or its equivalent as accepted by the Senate). A CGPA of 2.50 can be accepted subject to a rigorous internal assessment, and applicants with CGPA below 2.50 may be accepted with a minimum of 5 years of working experience in a relevant field (as accepted by the Senate). For alternatives, APU also states routes via Finance or Economics (with CGPA 2.75, or CGPA 2.50 plus minimum 5 years working experience) subject to prerequisites as stated by the university. |
Language requirements
For international applicants, APU states English language requirements in the programme entry requirements section for international students. Students may be exempted if their previous degree qualification was taught fully in English, but exemption applications must include supporting documents.
IELTS Academic
MOI (Medium of Instruction)
💶 Fees & Funding
| Item | Amount | Notes |
|---|---|---|
| Tuition | MYR 42000 / total program | Total for International: RM42,000. Fees stated here do not include Deposits and other Miscellaneous Fees. For international students, fees indicated exclude the 6% Sales and Service Tax (SST). |
Proof of financial resources
International students are expected to meet tuition and related fees prior to arrival, and payments are non-refundable except in the event of visa refusal by EMGS/Immigration as stated in APU’s fees and refund policy.
- Proof of funds for tuition and required study fees as required by the visa process, noting that APU requires international students to pay applicable fees prior to arrival by the respective due dates.
- Bank or financial documents that demonstrate you can pay for the programme and study period, aligned with your student pass and visa application requirements.
Important dates
Application window
| Milestone | August - Summer intake |
|---|---|
| Application portal opens | N/A |
| Application deadline (final submit) | N/A |
| Application deadline (EU students) | N/A |
| Application deadline (Non-EU students) | N/A |
| Recommended apply-by | N/A |
| Semester begins | N/A |
Pre-application & reviews
| Milestone | August - Summer intake |
|---|---|
| VPD request - recommended | N/A |
| VPD result expected | N/A |
| APS - recommended | N/A |
| Start eligibility check | N/A |
Document submission deadlines
| Milestone | August - Summer intake |
|---|---|
| Application submission deadline | N/A |
| Document submission deadline (EU students) | N/A |
| Document submission deadline (Non-EU students) | N/A |
| Language certificate deadline | N/A |
| Official transcripts deadline | N/A |
| Certified translations deadline | N/A |
| Postal / hard-copy documents deadline | N/A |
| Missing documents (if requested) | N/A |
📝 How to Apply
Check entry and eligibility for international applicants
Review the programme entry requirements for international students and confirm your bachelor’s degree field, CGPA (or equivalent), and any stated professional or experience conditions. Ensure your English language proof meets the published minimum (or that you can apply for the official exemption with supporting documents). If any item is unclear, prepare your documents early so you can respond quickly to any internal assessment requests.
Submit your application during the intake window
Complete the university’s application on the official admissions pathway listed by APU for this course page. Upload the required documents (including academic documents and language proof/exemption support if applicable) and ensure the information matches your official certificates. Submit before the published intake deadline so your application can be processed in time for the stated intake date.
Pay required fees and prepare for enrolment
After you receive your application outcome, complete the required fee payments as instructed by APU. APU’s fees and refund policy states that international students are required to pay fees due prior to arrival by the respective due dates. Keep payment confirmations and any supporting documents needed for subsequent student pass processing.