What is overseas education?

Overseas education is leaving your home country and going abroad to pursue further education. Through overseas education, you can avail of long-term degree courses as well as short-term certificate courses to learn a language or upskill yourself.

How to get a scholarship to study abroad?

If you are aiming to study abroad, identify your career goals, look for relevant courses and universities abroad, know the tuition fees and other expenditures, prepare well for the entrance exams, apply to shortlisted universities, accept the offer letter from the desired university, apply for a student visa and get ready to jet off!

The best way to study abroad for free is to avail of full-funded scholarships or university grants. The fully-funded scholarships are typically awarded to students who excel in academics or extracurricular activities and cover their tuition fees, travel expenses, accommodation, and other living expenses.

How to study abroad for free?

To get an education loan for studying abroad, you need to have the admission offer letter from the university and fulfill the eligibility criteria for securing the loan. In order to get an education loan at the best rate of interest, seek guidance from a reputed study-abroad consultant.

How to get an education loan for studying abroad?

Choose to study abroad to leverage better learning opportunities, see the world, meet new people, boost your resume, develop a broader perspective, become culturally competent, and avail yourself of lucrative job opportunities globally.

How to go abroad for studies?

The best way to go abroad for studies is to get in touch with reputed study-abroad consultants. They can help you explore courses aligned with your academic interests, guide you in preparing for entrance exams, help you with university and student visa applications, and even provide post-arrival assistance.

Bachelor of Actuarial Studies (Honours)

OVERVIEW

This Bachelor of Actuarial Studies programme curriculum equips you with a strong understanding of the mathematical and statistical concepts that allow you to explore various areas of actuarial science, including risk assessment, insurance, financial planning, and investment analysis. With access to experiential learning opportunities that enrich your academic experience, you will graduate with solid analytical and problem-solving skills to make informed decisions in complex business and finance environments.

School
Business

Intake Month

February, April and September

Study Options

Full-time only

Accreditation
by SOA, IFoA, and CAS

Overseas Transfer Options

United Kingdom (UK)

Study Programme

3 or 4-year

Interested to know more? Start your journey with us now.

PROGRAMME OVERVIEW

PROGRAMME STRUCTURE

This degree programme is designed to equip you with powerful analytical problem-solving skills and specialised training in calculating and effectively managing financial risks for businesses. We’re dedicated to enriching your learning experience by providing a range of captivating opportunities that will help you extract the utmost value from your actuarial science studies.

Primary Major

This component consists of Common Core subjects, which are common modules across a discipline that provides the fundamental knowledge of the discipline.

Common Core

Year 1

Programming
Microeconomics*
Calculus
Probability Theory*
Mathematics of Finance*
Advanced Calculus
Mathematical Statistics*
Introduction to Accounting

Year 2

Life Contingencies I*
Applied Statistical Methods*
Introduction to Finance
Life Contingencies II*
Corporate Finance*
Fundamentals of Linear Algebra
Macroeconomics*
Internship

Year 3

Simulation and Credibility Theory
Survival Models*
Derivatives
Stochastic Calculus for Financial Economics*
Stochastic Processes*
Risk Theory*
Project
Insurance Practices and Takaful

Notes:

* Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.
All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

University Core

This component aims to develop critical thinking, build up social intelligence and cultivate civic responsibility as well as broaden cultural knowledge. These consist of compulsory and nationally-mandated study modules required by the Malaysian Ministry of Higher Education.

Penghayatan Etika dan Peradaban / Bahasa Melayu Komunikasi 2
Falsafah dan Isu Semasa
Emotional Intelligence in Action
Kursus Integriti Dan Antirasuah
Social Innovation Project

Note:

Students are requested to take Bahasa Kebangsaan A if they do not obtain a Credit for Bahasa Malaysia in SPM.
All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Flexible Education

The Flexible Education component offers students the flexibility to explore modules in a related or unrelated field, enhancing and complementing their primary major. This component allows students to broaden their knowledge and skills by selecting modules from the same or different schools within the university.

Flexible Education can take various forms, including free electives, extensions, minors, or even a second major. These options provide students with the opportunity to delve deeper into a specific area of interest or broaden their understanding by exploring a different field of study.

Click here to see a full list of all available Flexible Education Components.

You will need to choose one of the package below.

Free Electives

You will need to select any five (5) of the Free Electives offered by Taylor’s University. You can refer to the Flexible Education Guide for the complete list.

The free electives offered are subject to availability and you will need to meet the minimum module pre and co-requisite.

Recommended Electives

Advanced Corporate Finance
Blockchain Economics
Enterprise Risk Management
Financial Reporting*
Fintech and Innovation
International Finance
Leadership and Change Management
Life Insurance and Pension Funds
Marketing Management (IBMP)
Organisational Management (IBMP)
Portfolio Management*
Ratemaking and Loss Reserving for General Insurance*

Notes:

Students are required to take the modules in order to obtain exemptions from IFoA.
All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

ENTRY REQUIREMENTS

Are you ready to take the next step in your academic journey? Our programme offers an exciting opportunity for individuals passionate about the field of Bachelor of Actuarial Studies. To ensure a smooth admission process, please take note of our entry requirements listed below.

Prerequisites

SPM / O-Level with Pre-U / Foundation

Pass SPM / O-Level or equivalent with 5 credits including Mathematics and a pass in English for entry with pre-university/ foundation qualification (Except for UEC)

SPM / O-Level with Diploma

Pass SPM / O-Level or equivalent with 3 credits including Mathematics and a pass in English for entry with Diploma qualification

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

Entry Pathway

Taylor’s Foundation

Pass any Taylor’s Foundation programme with min. CGPA 2.00

Taylor’s Diploma

Pass any Taylor’s Diploma programme with min. CGPA 2.00

Sijil Tinggi Persekolahan Malaysia (STPM)

Minimum CC

Unified Examination Certificate (UEC)

Pass with min. 5Bs including Mathematics and minimum pass in English. Candidates without a Grade B in UEC Mathematics and a pass in UEC English may be admitted if the candidate has a credit in Mathematics and a pass in English at SPM or equivalent

A Level

Minimum DD

AUSMAT (SACEi)

Minimum ATAR 60

Canadian Pre-University (CPU)

Minimum average of 60% in 6 subjects

International Baccalaureate (IB)

Minimum of 24 points for 6 subjects

Monash University Foundation Year (MUFY)

Overall 50%

Other Equivalent Qualifications

Pass Business Foundation from any other HEI
HSC (Yr 12), New South Wales with min. average 60% in 5 subjects
Pass MOHE Matriculation with a CGPA of 2.00
Pass Foundation (in other fields) from other institutions recognised by MoHE
Pass DIB or Diploma in other fields from other institutions recognised by MoHE
Application via APEL A is allowed
Other equivalent qualifications recognised by the Malaysian Government

Note: All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

English Requirements

MUET/ IELTS/ TOEFL/ UEC

Pass English

Taylor’s EET

Overall Score 5.0

Cambridge English/ELS also recognised; the minimum score varies by programme

Taylor’s IEN

Level 2 – Grade C

Pre-U/ Diploma

Completed Pre-U/ Diploma that was conducted in English

Notes:

For international students qualification not conducted in English are required to achieve a minimum score of 6.0 for IELTS (May join IEN preparatory course and achieve the IELTS score)
All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.

FUTURE CAREERS

When you’ve successfully completed this Bachelor of Actuarial Studies programme, you could embark on any of these exciting careers, including:

Actuarial Analyst
Accountants
Auditors
Budget Analyst
Economist

Mathematician
Statistician
Personal Financial Advisor
Forensic Accountant
Chartered Accountant

APPLY NOW

Embarking on your journey towards a Bachelor of Actuarial Studies degree represents an exhilarating advancement in your educational and professional career. We are here to guide you through the application process, ensuring it is as seamless and straightforward as possible. To discover more about the procedure and the documents required, please visit our Admissions website for further information.