Programme Type:

Course Overview

This elevates UCSI’s offerings in the field of Actuarial Studies to the Graduate-Education level (curriculum covers all topics on the first four CAS/SOA exams and programmes leads to a Master’s degree).

As a post-graduate programme, the MSc in Actuarial Management will have more emphasis on the theoretical fundamentals of the disciples involved. In addition, this Master’s programme offers two structures (C or B) to meet the different needs of learners with a first degree in the quantitative discipline.

Structure C is ideal for professionals such as mathematics teachers, engineers or economists who want a mid-career switch to the actuarial profession. Structure C will equip them with the essential technical knowledge to pursue the Society of Actuaries exams up to associate level. In addition, it provides essential management know-hows for technicists to succeed in ascending the corporate ladder.

Actuarial Science is an interdisciplinary programme, so inevitably, graduates from such programmes could lack theoretical depth.

Structure B is designed for those who already have a degree in or related to actuarial science and would like to boost their theoretical foundation and develop skills for research. It is ideal for those interested to venture into academia or a management role that conducts more rigorous investigative tasks.

Entry Requirement 

Entry into MSc. (Actuarial Management) (Structure C – Coursework)

Academic Requirements:

i. A Bachelor’s degree in related field with minimum CGPA of 2.75 out of 4.00 or its equivalent qualification as accepted by the HEP Senate;
OR
ii. A Bachelor’s degree in a related field with CGPA below 2.75 out of 4.00 but above 2.50 out of 4.00 or its equivalent qualification can be accepted, subject to a minimum of 5 years’ working experience in a relevant field.

Entry into MSc. (Actuarial Management) (Structure B – Mixed Mode)

Academic Requirements:

 

  •  A Bachelor’s degree in a related field with a minimum CGPA of 2.75 out of 4.00 or its equivalent qualification as accepted by the HEP Senate; OR
  •  A Bachelor’s degree in a related field with CGPA below 2.75 out of 4.00 but above 2.50 out of 4.00 or its equivalent qualification can be accepted, subject to a minimum of 5 years’ working experience in the relevant field.

*Related disciplines refer to areas such as Finance, Mathematics, Statistics, Banking, or even Engineering, all of which are courses with a heavy emphasis on mathematics, statistics, and/or finance.

Examples of areas that do not meet these requirements are medicine, pharmacy, logistics, IT, business administration, management, marketing, and social science related courses.

Fees

Tuition Fees:

First Time Payment: RM 25000 and USD 6756

Structure B - Mixed mode
1 Year: RM 32025 (minimum 3 semesters)
Structure C - Coursework
1 Year: RM 33400 (minimum 3 semesters)


This information was accurate on : 15/02/2021
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