Bachelor of Science (Hons) in Actuarial Studies
Sunway College Johor Bahru · Subang Jaya, Malaysia
QS World University Ranking: N/A
Quick Overview
Apply Now📘 Program Overview
The BSc (Hons) in Actuarial Studies programme at Sunway University combines mathematics, statistics, finance, and risk management to prepare students for careers in actuarial science, insurance, risk management, and the wider financial services industry.
Students develop strong analytical and quantitative skills and build a foundation for professional actuarial examinations, with graduates positioned to pursue internationally recognised qualifications from leading actuarial professional bodies.
🎯 Course & Curriculum
Course structure
- Core mathematics and quantitative foundations: Advanced Calculus, Calculus, Linear Algebra & Applications
- Programming and finance basics: AI Foundation and Applications, Programming Principles, Principles of Business Finance
- Probability and actuarial foundations: Introduction to Probability, Theory of Interest
- Economics foundation: Principles of Economics
- Actuarial and financial modelling foundation: Derivative Securities I, Derivative Securities II
- Statistics and risk theory: Introduction to Statistics, Mathematical Methods, Risk Theory
- Life contingencies sequence: Life Contingencies I, Life Contingencies II
- Employability development and a free elective: Essentials of Employability and Free Elective I
- Applied reserving and pricing: Ratemaking & Loss Reserving for General Insurance
- Advanced modelling and simulation: Regression Analysis, Simulation & Credibility Theory, Stochastic Processes
- Project and industry readiness via internship: Internship
- Elective choice for further depth: Free Elective 2
Career outcomes
- You build a strong, actuarial-focused toolkit across mathematics, statistics, finance, and risk theory, preparing you for careers in actuarial science and related financial services roles.
- The programme is aligned with professional actuarial examinations and supports internationally recognised professional pathways, helping you progress toward actuarial designations.
- You gain industry-relevant preparation through applied modules and a structured Internship, so you graduate with practical exposure alongside technical learning.
- You develop modelling capability through topics such as life contingencies, simulation, and credibility theory, which directly supports roles like actuarial reserving analyst and catastrophe risk analyst.
- You are prepared for broader risk and finance leadership pathways by combining quantitative risk modelling with finance fundamentals and employability training.
- You can pursue work in sectors such as insurance (life and general insurance), re/insurance, and wider financial risk management where actuarial and risk talent is consistently needed.
Employability rate
Actuarial studies graduates in Malaysia typically see an employability rate of around 82% and an unemployment rate of about 18%, reflecting ongoing hiring needs in insurance and financial risk roles.
Together, these figures suggest a steadier career outlook for graduates who complete the programme and pursue professional actuarial pathways alongside work-ready skills from the curriculum.
✅ Entry Requirements
Academic qualification
| Requirement | Details |
|---|---|
| International higher secondary qualification | International applicants are considered with recognised higher secondary qualifications such as STPM, A-Level, Australian Matriculation, Canadian Matriculation, Monash University Foundation Year, and International Baccalaureate. The programme page also indicates an option for students who have not followed a standard qualification route to be considered on a case-to-case basis. |
| Mathematics requirement | Applicants must have credit in Mathematics at SPM or an equivalent qualification. |
Module matching by study area
| Study area | Match possible? | Conditions |
|---|---|---|
| Mathematics | Direct match | Credit in Mathematics at SPM or equivalent is required for entry. |
Language requirements
For entry to the Bachelor of Science (Hons) in Actuarial Studies, international applicants must meet Sunway University’s English language requirement. The programme page lists IELTS (or equivalent) as one acceptable route, and it also allows other recognised English qualifications/assessments.
IELTS Academic
MOI (Medium of Instruction)
MOI waiver details are not published for this programme. See the English test requirements above.
💶 Fees & Funding
| Item | Amount | Notes |
|---|---|---|
| Annual course fee | MYR 37800 / per year | Estimated Annual Course Fee (Year 2026): RM37,800 for Malaysian students; international students must pay fees in RM equivalent (USD value shown is indicative/estimated). |
Proof of financial resources
Important dates
Application window
| Milestone | January - Winter intake | April - Summer intake | September - Summer intake |
|---|---|---|---|
| Application portal opens | N/A | N/A | N/A |
| Application deadline (final submit) | N/A | N/A | N/A |
| Application deadline (EU students) | N/A | N/A | N/A |
| Application deadline (Non-EU students) | N/A | N/A | N/A |
| Recommended apply-by | N/A | N/A | N/A |
| Semester begins | N/A | N/A | N/A |
Pre-application & reviews
| Milestone | January - Winter intake | April - Summer intake | September - Summer intake |
|---|---|---|---|
| VPD request - recommended | N/A | N/A | N/A |
| VPD result expected | N/A | N/A | N/A |
| APS - recommended | N/A | N/A | N/A |
| Start eligibility check | N/A | N/A | N/A |
Document submission deadlines
| Milestone | January - Winter intake | April - Summer intake | September - Summer intake |
|---|---|---|---|
| Application submission deadline | N/A | N/A | N/A |
| Document submission deadline (EU students) | N/A | N/A | N/A |
| Document submission deadline (Non-EU students) | N/A | N/A | N/A |
| Language certificate deadline | N/A | N/A | N/A |
| Official transcripts deadline | N/A | N/A | N/A |
| Certified translations deadline | N/A | N/A | N/A |
| Postal / hard-copy documents deadline | N/A | N/A | N/A |
| Missing documents (if requested) | N/A | N/A | N/A |
📝 How to Apply
Eligibility check (before applying)
Read the programme’s entry requirements and confirm your qualifications and English evidence meet the stated criteria for international applicants. Sunway University asks international applicants to email the International Office first to confirm eligibility before applying. Gather your certified academic documents and your English language qualification early, as the initial submission must be done at least eight weeks before the intake. This helps avoid delays if additional documents are requested.
Prepare and submit your application package
Submit your completed application form along with required documents to Sunway University’s International Office. Your initial documents and initial payment must be submitted at least eight weeks before the intake date(s). The checklist includes passport details, certified true copies of academic qualifications, and English language qualifications when your prior education was not in English. Incomplete applications cannot be processed.
Complete the required payments after eligibility is confirmed
After your eligibility is confirmed, proceed with the required payments as instructed by the university. The International Office’s guidance lists an RM 700 enrolment fee and an RM 2,400 student pass/visa processing fee paid to EMGS. These fees are non-refundable, so ensure your application details and documents are correct before payment. For intake planning, factor in processing time for visa approvals.
Wait for the offer letter and visa processing timeline
Successful applicants receive offer letters via email within 3 working days according to the international admissions procedure. Visa approval timelines can take about 6 to 8 weeks after Sunway Education Group receives a complete application and payment. If your application arrives less than 6 weeks before the intake date, it may be treated as a late application and could be deferred if EMGS cannot issue documents in time. Plan backward from your intended intake date to avoid last-minute submission.