BSc ( Hons ) Actuarial Science by Heriot Watt University

Heriot Watt University

Putrajaya, Putrajaya

Actuaries manage risk and uncertainty and evaluate the likely impact of future events. Heriot-Watt’s Actuarial Science programme is world-famous for its excellence. It contains all the courses that are essential for ensuring a flying start to a career as an actuary whilst at the same time fostering highly transferable mathematical skills.

If you excel at mathematics, enjoy problem solving and are looking for a degree that will prepare you for a rewarding career – both intellectually and financially – Actuarial Science could be the programme for you.

This Bachelor’s degree mirrors the highly successful BSc Actuarial Science degree offered in the UK, which is accredited by the UK Actuarial Profession. This can significantly reduce the time taken to qualify as a Fellow of the Institute and Faculty of Actuaries.

Intake

Sept

Course Fees (estimated)

RM 131,760

Course Duration

3 years

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Entry Requirements

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Heriot-Watt University Malaysia Foundation in Science: ABBC – A in Mathematics, B in Physics, B in Chemistry, C in Academic English/Study Skills
Heriot-Watt University Malaysia Foundation in Business: ABBC – A in Mathematics, B in Accountancy and Finance, B in Business Management, C in Academic English/Study Skills
A-Level/STPM: ABB including A in Mathematics
UEC: 6A including A1 in Mathematics and Advanced Mathematics
WACE/SACE: ATAR 90
SMA 3 (Indonesia): 8
IB Diploma: 28 points
Diploma with high level of attainment in mathematics recognised by the Malaysian Government
Any other relevant qualification with high level of attainment in mathematics recognised by the Malaysian Government

English language requirements

If English is not your first language, then evidence of proficiency equivalent to IELTS 6.5 is required.
If you do not have IELTS 6.5, we offer a Pre-Sessional English Programme (PSEP) prior to commencing your studies.

Fee Breakdown

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Malaysian Students
Per Year : RM 43,920
Duration : 3 years
Total : RM 131,760

International Students
Per Year : RM 49,920
Duration : 3 years
Total : RM 149,760*

*Not including VISA application Fees

Course Subjects

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Year 1

Probability and Statistics A
Probability and Statistics B
Linear Algebra
Actuarial and Financial Mathematics A
Actuarial and Financial Mathematics B
Multivariable Calculus and Real Analysis A
Multivariable Calculus and Real Analysis B

Optional and elective courses available for Year 1 include:

Finance and Financial Reporting
Operations Management

Year 2

Life Insurance Mathematics A
Life Insurance Mathematics B
Stochastic Processes
Survival Models
Derivative Markets and Discrete-time Finance
Statistical Models A
Statistical Models B
Portfolio Theory & Asset Models

Year 3

Students typically take Introductory Economics, Continuous-time Finance, Risk Theory, and Time Series Analysis and can choose from a range of options such as Statistics for Social Science, Bayesian Inference and Computational Methods, Statistical Machine Learning and Optimisation.

Disclaimer: Course Information details may change from time to time. Please check with respective institutions to get updated information.

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