BSc in Actuarial Mathematics and Finance

University Malaya (UM)
Kuala Lumpur, WP Kuala Lumpur, Malaysia
Bachelor's Degree
Study mode
42 months
February September
Total tuition fee (local)
USD 1,946
Total tuition fee (foreign)
$ 9,800

Entry Requirements

  • Relevant qualifications accepted/recognised by the university.
  • International students following degree programmes in University of Malaya are required to attend and pass the Bahasa Malaysia course before the degree can be conferred.
  • The minimum level for the English proficiency for postgraduate candidates is IELTS band 6 or a TOEFL score of 550 if they obtained their Bachelor’s degree from a university in which the medium of instruction is a language other than English.


  • Information Skills
  • Islamic and Asian Civilisation (TITAS) I&II
  • Ethnics Relationships
  • Statistics
  • History and Philosophy of Science
  • Linear Algebra I&II
  • Calculus I, II&III
  • Differential Equations and Applications
  • Introduction to Life Contingencies
  • Investments and Finance Analysis I&II
  • Introduction to General Insurance
  • Introduction to Operational Research
  • Introduction to Statistical Computation
  • Microeconomics
  • Macroeconomics
  • Introduction to Accounting
  • Stochastic Processes
  • Regression Analysis
  • Applied Stochastic Processes
  • Methods of Monte Carlo Simulation
  • Advanced Statistical Mathematics
  • Introduction to Survival Data Analysis
  • Advanced Life Contingencies
  • Introduction to Time Series
  • Credibility Theory
  • Life Insurance and Takaful
  • Introduction to Risk Theory
  • Ratemaking, Loss Reserving and Accounting for Property and Casualty Insurance

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