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Course Details

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Duration
1 year
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Intake Date
20 January 2025
12 May 2025
25 August 2025
15 December 2025
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Awarding Body
APU, Malaysia
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Duration
2 years 6 months
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Intake Date
10 January 2025
11 April 2025
13 June 2025
15 August 2025
31 October 2025
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Awarding Body
APU, Malaysia
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
Requirements

Entry Requirements

General Requirements
Bachelor’s degree
  • Bachelor’s degree in related fields with a minimum CGPA of 2.50, or its equivalent qualification as accepted by the Senate.
  • Bachelor’s degree in related fields with a minimum CGPA of 2.00 and not meeting a CGPA of 2.50 can be accepted, subject to a rigorous internal assessment.

Note: The above entry requirements may differ for specific programmes based on the latest programme standards published by Malaysian Qualifications Agency (MQA).
 
English Requirements
International Students
  • IELTS : 5.0
     
For more information please click HERE
 
Students from English speaking countries and those with qualifications taught in English (previous Bachelor’s/Master’s Degree taught in English) are exempted from English requirements. Applications for exemption must be accompanied by supporting documents. 
 
Programme Outline

What We Teach

This programme is specifically designed to provide:

 

  • Coverage of and potential exemptions from 7 professional exams (CS1, CS2, CM1, CM2, CP1, CP2 and CP3) offered by the IFOA (UK). 
  • Course syllabus which covers not only traditional actuarial practice but also advanced data analytics.
  • Competent teaching staff with professional or specialised academic qualification, possessing work experience from actuarial industries/academia. 
  • Comprehensive guidance to mould graduates to be industry-ready.
  • The Benefits of the Programme

    • APU is the first university in Malaysia to offer Master of Science in Actuarial Science that provides coverage of 7 professional exams (CS1, CS2, CM1, CM2, CP1, CP2 and CP3) offered by the IFOA. In addition, the programme covers not only traditional actuarial practice but also advanced data analytics, an emerging career option for actuaries. 
    • This programme is for those who want to enhance their knowledge and skills in actuarial practice and data analytics. 
    • This programme is ideal for individuals who: 
      •  Work as actuaries or data scientists. 
      •  Are pursuing the IFOA/ SOA/ CAS credentials. 
      •  Want to become university lecturers and/ or professors.


    Fast track your route to becoming a qualified actuary!
     

    Master of Science in Actuarial Science -route

  • Modules & Project

    This programme comprises 14 coursework modules and a Project. There are 12 compulsory Core Modules and you will have to choose 2 elective modules from those listed.

     

    Core Modules

     

    • Data Analytics Programming
    • Actuarial Statistics 1
    • Actuarial Statistics 2
    • Actuarial Mathematics 1
    • Actuarial Mathematics 2
    • Risk Modelling & Survival Analysis 1
    • Financial Engineering & Loss Reserving 1
    • Actuarial Practice 1
    • Actuarial Practice 2
    • Application in Industry Practices
    • Modelling in Actuarial & Analytics
    • Professional Communication
    • Industry-based Project

     

    Elective Modules (Choose 2)*

     

    • Risk Modelling & Survival Analysis 2
    • Financial Engineering & Loss Reserving 2
    • Big Data Analytics
    • Advanced Business Analytics & Visualization
    * Elective modules may be pre-selected for students at the beginning of the semester. If students wish to change these pre-selected elective modules, they can choose from the available modules offered in the semester OR among the intensive delivery modules – however such changes may prolong the study duration.
  • Project

    You will be expected to demonstrate an ability to plan and undertake a research programme, to undertake a thorough investigation of their chosen area of study, to extend knowledge in relation to their chosen area of study and to defend their work to academic peers. The project report should demonstrate deep understanding of the theories and concepts, and the application of theoretical knowledge to a real world problem for business and industry.

Facilities

Facilities at APU

The APU Centre Point & Atrium serves as a melting pot of cultures from all over the world. Here, cultural activities are organised regularly at the campus, fostering long-lasting intercultural relationships among APU students, who come from over 130 countries.

 

Remote video URL
Career Path

Your Career Path

Actuary
Data Analyst
Data Scientist
Data Engineer
Risk Analyst
Financial Analyst
Business Analyst
Financial Planning Advisor
Investment & Portfolio Manager
Regulator
Statistician
Mathematician
Professor
Fees & Certification

Ready, Set, Go.

Whether you are locals or traveling here, we have the options for you to pursue your dreams.

Malaysian

RM34,800

Total for Malaysian

International

RM38,800
(USD9,700)

Total for International

​* Fees stated above do not include Enrolment Fees, Registration Fees and other Miscellaneous Fees. Please refer to Fee Guide for details

All information is correct at the time of publication, but is subject to change in the interest of continuing improvement.