Overview
As a post-graduate programme, the MSc in Actuarial Management at UCSI University 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.
- Coursework (Structure C) is ideal for professionals such as mathematics teachers, engineers or economists who want a mid-career switch to the actuarial profession. Coursework (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.
- Mixed Mode (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.
Career Opportunities
Graduates of the MSc in Actuarial Management can be employed as actuaries, risk managers, risk analysts and investment analysts among others, in key fields such as:
- Insurance and reinsurance companies
- Banking and finance
- Consulting firms
- Service firms
- Government agencies
- Universities and educational institutions
Programme Structure
Courses include:
- Probability and Statistical Method
- Research Methods for Business and Management
- Life Contingency
- Actuarial Models
- Empirical Modelling for Actuary
- Insurance Business Practices
- Stochastic Process for Financial Economics
- Empirical Workshop
Key information
Duration
- Full-time
- 12 months
Start dates & application deadlines
- StartingApplication deadline not specified.
- StartingApplication deadline not specified.
- StartingApplication deadline not specified.
Language
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Delivered
Campus Location
- Kuala Lumpur, Malaysia
Disciplines
Actuarial Science View 6 other Masters in Actuarial Science in MalaysiaWhat students do after studying
Academic requirements
English requirements
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Other requirements
General requirements
- A bachelor’s degree (Level 6, Malaysian Qualification Framework) from related disciplines with a minimum CGPA of 2.50, as accepted by HEP Senate, or
- Other qualifications equivalent to a bachelor’s degree from related disciplines with a minimum CGPA of 2.50 that are accepted by the HEP Senate.
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Tuition Fees
-
International Applies to you
Applies to youNon-residents49891 MYR / year≈ 49891 MYR / year -
Domestic Applies to you
Applies to youCitizens or residents30608 MYR / year≈ 30608 MYR / year
Additional Details
Structure C:
- Local: RM 32,736
- International: RM 52,741
Living costs
Kuala Lumpur
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Actuarial Management.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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