Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology

Highlights about course

Program Level

Bachelor

Duration

3 Years

Tuition Fees

From RM50,500

Intake

July, March, November, September

  • About APU

    Why choose APU?

    Malaysia’s Premier Digital Tech University

    Malaysia’s Premier Digital Tech University
    No.1 for International Students in Malaysia (QS World University Ranking 2024)

    No.1 for International Students in Malaysia (QS World University Ranking 2025)
    5-Star Excellence Rating SETARA

    5-Star Excellence Rating (SETARA)
    100% Employability Rate

    100% Employability Rate
    Ranked No.16 for International Students in the World

    Ranked No.16 for International Students in the World
    More than 80,000 Graduates & Alumni

    More than 80,000 Graduates & Alumni

    Latest Technologies

    More Than Just An Actuarial Studies Degree

    APU’s Bachelor of Science (Honours) in Actuarial Studies with a specialism in Financial Technology is designed to provide you an edge with the latest technologies that are in line with the Industrial Revolution 4.0.

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    Digital Transformation for IR4.0

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    Actuarial Studies with a specialism in Financial Technology Programme comprise modules in Financial Technology (FinTech)

    Requirements

    Admission Requirements

    General Requirements
    Direct Entry to Level 1 of the Degree
    STPM
    • 2 Passes in STPM with a minimum Grade C+ (GP 2.33) and a Credit in Mathematics and a Pass in English at SPM Level or its equivalent.
    A-Level
    • 2 Passes (Grade A-D) in A-Level in any 2 subjects, and a Credit in Mathematics and a Pass in English at SPM/O-Level/ IGCSE or its equivalent.
    UEC
    • 5 Grade B’s in UEC including Mathematics with a Pass in English.
    Matriculation/ Foundation
    • Passed Foundation programme (minimum CGPA of 2.5) with a Credit in Mathematics and a Pass in English at SPM/O-Level/IGCSE or equivalent.
    Any qualification that APU accepts as equivalent to the above.

    Note: The above entry requirements may differ for specific programmes based on the latest programme standards published by Malaysian Qualifications Agency (MQA). The qualification and entry requirements for the programmes will be determined based on the “Comparison List of Equivalency of International Qualifications with SPM (O-Levels equivalent) and STPM (A-Levels equivalent)” published by Malaysian Qualifications Agency (MQA).

    English Requirements
    International Students
    • ELTS : 6.0
    • TOEFL IBT : 60
    • Pearson (PTE) : 59
    • MUET : Band 4

    For more information please click HERE

    Programme Outline

    What We Teach

    This programme is specifically designed to provide students with:

    • A course of study in Actuarial Science with a specialism in Financial Technology which has been awarded full accreditation by the IFoA (UK).
    • Competent teaching staff with professional or specialised academic qualification, possessing working experience from actuarial industries/ academia.
    • Course syllabus which is comprehensively structured in tandem and compliance with the 2 biggest actuarial bodies, the IFoA (UK) and the SOA (US).
    • Comprehensive guidance to mould graduates to be industry-ready.
    • Degree Level 1

      Equipping students with essential fundamentals of Mathematics, Statistics, Economics and Finance starts at Level 1. To complement the core knowledge, the students will also learn Business, Communication, and IT skills, before progressing to the Level 2 of Actuarial Science study.

      Common Modules
      • Probability Models
      • Linear Algebra
      • Business and Communication Skills
      • Calculus
      • Calculus II
      • Financial Accounting
      • Microeconomics
      • Macroeconomics
      • Introduction to R Programming
      • Statistics

      Degree Level 2

      The core knowledge of Mathematics and Statistics now act as engine to drive the complex models of Economics and Finance in the actuarial industries. Those core knowledge are integrated to form actuarial tools and infrastructure, ready to be used for planning and managing purposes. Students will receive exposure and coaching which are actuarial centric, targeting at industrial applications. They are gradually groomed to be more independent in their study and research efforts.

      In addition to the common modules for actuarial studies, students will also take three specialism modules (Financial Technology, Enabling FinTech and Application of AI in Finance) to gain exclusive exposure to FinTech.

      Common Modules
      • Advanced Probability Models
      • Predictive Analytics
      • Financial Mathematics
      • Regression Analysis
      • Financial Economics
      • Business Research Methods
      • Financial Management
      • Mathematics of Financial Derivatives
      • Stochastic Processes
      Specialised Modules
      • Financial Technology
      • Enabling Fintech
      • Application of AI in Finance

      Internship (16 Weeks)

      Students will undertake a short Internship/ Industrial Training for a minimum period of 16 weeks to prepare them for a smooth transition from the classroom to the working environment.

      Degree Level 3

      The students are now ready to merge their knowledge and industrial experience to forge ahead and put into action their acquired skills in planning, managing and analysing risk. At this level, emphasis is placed on evaluating financial performance of businesses from actuary’s perspectives. Students will have the opportunity to understand the critical roles played by actuaries, for example, in the development and pricing of insurance products. Risk Management, Actuarial Modeling and Ratemaking are some of a wide repertoire of skills to be used.

      In addition to the common modules for actuarial studies, students will also take a specialism module (FinTech Risk management and Regulations) to gain further knowledge and skills for FinTech.

      Common Modules
      • Asset and Liability Valuations
      • Life Contingencies
      • Strategic Management
      • Corporate Finance
      • Risk Theory
      • Investigation in Actuarial Studies
      • Option and Bond Valuations
      • Survival Analysis
      • Life Contingencies 2
      • Project in Actuarial Studies
      Specialised Modules
      • Fintech Risk management and Regulations

      MQA Compulsory Subjects*

      • Appreciation of Ethics and Civilisation (M’sian Students)
      • Malay Communication Language (Int’l Students)
      • Philosophy and Current Issues
      • Workplace Professional Skills
      • Integrity and Anti-corruption
      • Co-Curriculum
      (*All students are required to successfully complete these modules as stipulated by the Malaysian Qualification Agency.)
      Note: The specialism will appear only in the academic transcript.

About University

Asia Pacific University (APU)

Malaysia

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