Why choose APU?
Part-Time Module Schedule
Requirements
Entry Requirements
- Bachelor’s degree in Actuarial, Mathematics, Statistics or Computing with a minimum CGPA of 2.75.
- Bachelor’s Degree in Actuarial, Mathematics, Statistics or Computing with a minimum CGPA of 2.50 but not meeting CGPA of 2.75 can be accepted subject to rigorous internal assessment process.
- Bachelor’s Degree in Actuarial, Mathematics, Statistics or Computing with CGPA less than 2.50 and a minimum of 5 years of working experience in a relevant field may be accepted.
Note: The above entry requirements may differ for specific programmes based on the latest programme standards published by Malaysian Qualifications Agency (MQA).
- IELTS : 5.0
What We Teach
This programme is specifically designed to provide:
- Coverage of the IFoA curriculum and exemptions from 7 professional exams (CS1, CS2, CM1, CM2, CP1, CP2 & CP3) offered by the IFoA.
- 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.
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The Benefits of the Programme
- APU is the first and the only university in Asia to provide exemptions from CP1, CP2 and CP3 through the Master of Science in Actuarial Science programme.
- Our MSc programme covers not only traditional actuarial practice but also advanced data analytics, an emerging career option for actuaries
- Our MSc graduates who achieve the required standard can be eligible for exemptions from CS1, CS2, CM1, CM2, CP1, CP2 and CP3.
- Our MSc programme is ideal for individuals who:
- Want to enhance their knowledge and skills in actuarial practice and data analytics.
- Work as actuaries or data scientists.
- Are pursuing the IFoA/ SOA/ CAS credentials.
- Want to become university lecturers and/or professors.
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Modules & Project
This programme comprises 14 coursework modules and a Project. There are 12 compulsory Core Modules, 1 Project and you will choose 2 elective modules from those listed.
Core Modules
- Professional Communication
- Actuarial Practice I
- Risk Modelling and Survival Analysis I
- Actuarial Statistics I
- Actuarial Mathematics I
- Modelling in Actuarial and Analytics
- Actuarial Practice II
- Financial Engineering and Loss Reserving I
- Actuarial Statistics II
- Actuarial Mathematics II
- Application in Industry Practices
- Data Analytics Programming
- Industry-based Project
Elective Modules (Choose 2)*
- Risk Modelling and Survival Analysis II
- Financial Engineering and Loss Reserving II
- Big Data Analytics and Technologies
- Advanced Business Analytics and 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.
Professional Recognitions
Institute and Faculty of Actuaries (IFoA) UK
1st in Malaysia & Asia and 6th in the World
to provide exemptions from IFoA professional examination CP1, CP2 and CP3.
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.
Ready, Set, Go.
Whether you are locals or traveling here, we have the options for you to pursue your dreams.
RM34,800
Total for Malaysian
RM38,800
(USD9,025)
Total for International
Programme code : (N/0542/7/0002)(07/29)(MQA/PA17434)
All information is correct at the time of publication, but is subject to change in the interest of continuing improvement.
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