BSc Economics and Actuarial Science
University of Southampton Malaysia · Johor, Malaysia
QS World University Ranking: N/A
Quick Overview
Apply Now📘 Program Overview
BSc Economics and Actuarial Science at University of Southampton Malaysia combines economics with actuarial science using mathematical and statistical methods to assess risk and uncertainty. You study core modules in microeconomics, macroeconomics and quantitative methods, with optional modules that let you shape your studies around your interests or career plans.
The programme structure is described as flexible, allowing you to discover your interests through options and, where appropriate, transfer to Southampton’s UK campus if you meet the programme requirements, capacity at the relevant campus, and UoS Faculty and UoSM approval.
🎯 Course & Curriculum
Course structure
- Study core mathematics and statistical techniques including optimisation and hypothesis testing.
- Learn microeconomics and macroeconomics foundations covering measures of GDP, inflation, unemployment, and key microeconomic concepts.
- Complete modules such as Economics with Experiments, Linear Algebra I, Economics Skills and Employability 1, and Mathematics for Economics.
- Choose microeconomics core options, including Foundations of Microeconomics or Principles of Microeconomics depending on prior economics background.
- Advance through econometrics and applied statistics with modules including Econometric Theory and Econometrics with Big Data.
- Build quantitative capability with Financial Mathematics and intermediate macroeconomics and microeconomics modules.
- Select actuarial science options (for example Stochastic Processes or Accounting and Finance for Non-Specialists).
- Select economics application options (for example Development Economics, Industrial Economics, or Topics in Macroeconomics 2).
- Choose actuarial science modules such as Actuarial Mathematics I/II, Computational Economics, Survival Models, or Mathematical Finance.
- Select economics specialisation options such as International Trade, Public Economics, Labour Economics, Principles of Finance, or Topics in Macroeconomics 3.
- Complete core option modules including Dissertation: Literature Review or Project/Dissertation in an economics or demography topic.
Curriculum
Credit-hours based programme structure for BSc Economics and Actuarial Science. Modules and their credit hours are taken from the University of Southampton programme specification structure.
| Semester | No. of modules | Module / subject category | credit hours | Semester total |
|---|---|---|---|---|
| Part I - Semester 1 | 3 core and compulsory options | ECON1018 Economics with Experiments | 15 | 45 |
| MATH1048 Linear Algebra I | 15 | |||
| ECON1008 Mathematics for Economics | 15 | |||
| Part I - Semester 2 | 4 core modules | ECON1017 Economics with Data | 15 | 60 |
| ECON1021 Principles of Macroeconomics | 15 | |||
| ECON1011 Quantitative Modelling in Economics | 15 | |||
| ECON1007 Statistics for Economics | 15 | |||
| Part II - Semester 1 | 4 compulsory modules | ECON2041 Econometric Theory | 15 | 60 |
| MATH2040 Financial Mathematics | 15 | |||
| ECON2037 Intermediate Macroeconomics | 15 | |||
| ECON2039 Intermediate Microeconomics | 15 | |||
| Part II - Semester 2 | 2 compulsory modules plus option pools | ECON2042 Econometrics with Big Data | 15 | 30 |
| ECON2038 Applied Econometrics | 15 | |||
| Part III - Semester 1 | dissertation preparation plus option pools | Dissertation: Literature Review (ECON3036) or Demography dissertation (DEMO3011) | 30 | 45 |
| ECON3015 Principles of Finance | 15 | |||
| Part III - Semester 2 | dissertation research plus option modules | Dissertation module (chosen in Part III Semester 2) | 30 | 45 |
| MATH3066 Actuarial Mathematics II | 15 | |||
| Total | Core, compulsory and optional modules across Parts I, II and III, including dissertation components where applicable | 130 credit hours | ||
Career outcomes
- You graduate ready for careers in both actuarial science and economics, with skills that help you qualify for roles across multiple industries.
- You build job-ready capability in economics analysis and actuarial-style risk and uncertainty modelling through a maths-and-statistics approach across the degree.
- You develop practical financial and quantitative competence through modules like Financial Mathematics and econometrics with big data, supporting roles such as investment analyst and financial adviser.
- You gain career flexibility for data-heavy pathways into statisticians and business analyst roles by combining econometrics, applied statistics, and computational learning.
- You strengthen employability with structured progression modules focused on skills and employability throughout the programme.
- You improve your market-readiness through dissertation or project work where you can focus on an economics or demography topic aligned to your interests and future direction.
Employability rate
For economics and actuarial science graduates, an estimated employability rate in Malaysia is around 85% and an unemployment rate around 15%, reflecting steady hiring demand for quantitative and risk-analysis profiles.
Together, these figures suggest a generally stable career outlook if you build strong quantitative skills and present evidence of competence through coursework and your dissertation or project work.
✅ Entry Requirements
Academic qualification
| Requirement | Details |
|---|---|
| Entry qualifications for undergraduate courses | International applicants typically need A-level grades of AAA with A in mathematics, or AAB with A in mathematics and B in further mathematics (excluding General Studies). The university also lists other accepted equivalents such as IB Diploma and STPM, and considers other equivalent international qualifications on a case-by-case basis. |
| English language requirement | International applicants must meet the programme undergraduate English language requirement. For this course, IELTS Academic is listed as 6.5 overall with a minimum of 6.0 in all components. |
Language requirements
International applicants are required to meet the University of Southampton Malaysia undergraduate English language requirements for this BSc programme.
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 |
|---|---|---|
| Tuition | MYR 48874 / per year | International students: RM48,874 per year (full-time). |
Proof of financial resources
International applicants must be able to cover tuition fees and living costs for study in Malaysia. You may be asked to provide evidence of financial capability as part of the admissions and visa-related process.
- Evidence of funds to cover tuition fees and living costs for your study period
- Any additional documentation requested by the university during offer and visa processing
Important dates
Application window
| Milestone | October - Winter intake | April - Summer intake |
|---|---|---|
| Application portal opens | N/A | N/A |
| Application deadline (final submit) | N/A | N/A |
| Application deadline (EU students) | N/A | N/A |
| Application deadline (Non-EU students) | N/A | N/A |
| Recommended apply-by | N/A | N/A |
| Semester begins | N/A | N/A |
Pre-application & reviews
| Milestone | October - Winter intake | April - Summer intake |
|---|---|---|
| VPD request - recommended | N/A | N/A |
| VPD result expected | N/A | N/A |
| APS - recommended | N/A | N/A |
| Start eligibility check | N/A | N/A |
Document submission deadlines
| Milestone | October - Winter intake | April - Summer intake |
|---|---|---|
| Application submission deadline | N/A | N/A |
| Document submission deadline (EU students) | N/A | N/A |
| Document submission deadline (Non-EU students) | N/A | N/A |
| Language certificate deadline | N/A | N/A |
| Official transcripts deadline | N/A | N/A |
| Certified translations deadline | N/A | N/A |
| Postal / hard-copy documents deadline | N/A | N/A |
| Missing documents (if requested) | N/A | N/A |
📝 How to Apply
Review eligibility for international applicants
Check the programme entry requirements for this BSc, including the stated academic qualifications and the English language requirement for international applicants. If your qualification is not listed, the university states it will consider other equivalent qualifications on a case-by-case basis, so start early to confirm fit before you apply. Make sure you can provide the required evidence in the format requested by admissions.
Prepare your application documents
Collect your academic transcripts and certificates and ensure they reflect the grades you will declare in your application. Prepare your English language test result (for example IELTS Academic) if it is required for your route to entry. Keep scanned copies ready for upload, and have your passport available for identity details.
Submit your application to the university
Submit your application through the University of Southampton Malaysia undergraduate admissions process during the published intake window. Complete all required sections carefully, ensuring your qualifications and English language results match the entry requirements you selected. After submission, follow any further instructions from the admissions team for additional information or verification.