Top 4 Actuarial Science Universities in Malaysia

Four Top Private Universities in Malaysia Offering the Best Actuarial Science Degree with Exemptions from Validated by Educational Experience (VEE) papers from SOA

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The pathway to become a professional actuary in Malaysia can be long. The first step that a student after SPM or O-Levels will need to consider a university in Malaysia that has a solid Actuarial Science degree programme that will help you prepare well for the professional papers. Students should have excellent overall results including Maths in order to tackle the academic rigours of the actuarial science programme.

There are not many universities in Malaysia that offer the degree in Actuarial Science. Choose the best university in Malaysia for Actuarial Science for your Foundation and Degree studies so that you will gain a solid grounding in mathematics, accounting, finance and statistic to integrate theories with actual experience and build a foundation to handle the Society of Actuaries (SoA) USA professional papers.

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Top Actuarial Science Universities in Malaysia with Exemptions from Validated by Educational Experience (VEE) Papers from Society of Actuaries (SOA) and Prepare You for the Professional Exams

I wasn’t sure of which university to join for actuarial science. EduSpiral shared with me about the scholarship and actuarial pathways clearly which helped me to decide.
Wei Zhe, Actuarial Science at Asia Pacific University (APU)

Actuaries in Malaysia are professionals dealing with the financial impact of risk and uncertainty.

Actuaries use their skills in mathematics, economic, computer science, finance, probability and statistics, and business to assess the likelihood of occurrence of certain risky events formulate policies that minimize the cost of these risks.

As such, actuaries are essential to the insurance and reinsurance industry in Malaysia. In addition, they can be consultants to other businesses, including sponsors of pension plans; and to government agencies such as Bank Negara Malaysia.

The 3-year actuarial science degree programme at a top university in Malaysia provides a solid grounding in mathematics, accounting, finance and statistic to integrate theories with actual experience and build a foundation for students to pursuit professional career in the financial risk management industry.

The top 4 private universities in Malaysia offering the actuarial science course are:

  1. Heriot-Watt University Malaysia
  2. Asia Pacific University (APU)
  3. Taylor’s University
  4. UCSI University

Students can obtain a Staffordshire University, UK degree locally in Malaysia at Asia Pacific University (APU) graduating with the UK Dual Award BSc (Hons) Actuarial Studies or getting a top ranked UK Degree in Actuarial Science from Heriot-Watt University Malaysia.

Heriot-Watt’s Statistics & Operational Research course (Actuarial Mathematics and Statistics) was placed the world’s top 200. The best university in Malaysia for Actuarial Science would be Heriot-Watt University Malaysia where students can get 8-paper exemptions out of 15 needed to qualify as a Fellow at the Institute and Faculty of Actuaries (FIA), UK. This degree is one of only a few to be accredited by the UK actuarial profession. Good performance means exemptions from professional examinations (CT1-CT8), giving prospective actuaries an advantage over those on other mathematics programmes.

Graduates who go on to qualify as actuaries with the Society of Actuaries in North America can get credit from some of the SOA examinations on the basis of exemptions from the IfoA examinations.

Heriot-Watt University is recognised as a Center of Actuarial Excellence by the Society of Actuaries (SOA), North America. Heriot-Watt University is the only Center of Actuarial Excellence in Europe and one of only 30 other schools worldwide with this designation. With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 28,000 actuaries as members.

Furthermore, students will receive a dual award University of the West of England, UK degree at Taylor’s University for the BSc. (Hons) Actuarial Studies. Taylor’s University offers a 3-year and a 4-year Actuarial Studies degree programme.

The 1-year internship is offered in the third year of the 4-year programme at Taylor’s University, students have the opportunity to broaden their knowledge and gain industry exposure that will help them excel in their final year of studies.

Students after SPM or O-Levels with at least 5 credits including the relevant subjects may enter the  Foundation in Business  or Foundation in Arts for 1 year before continuing on to the Actuarial Studies degree. Pre-University graduates in Malaysia from programmes such as UEC, STPM, A-Levels, SAM, CPU, AUSMAT and others may enter directly into the Actuarial Science or Actuarial Studies degree providing they meet the minimum entry requirements.

Education Pathway in Malaysia to Society of Actuaries (SoA) USA

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Ye Lun, Actuarial Science at Asia Pacific University

One must pass the actuarial professional examinations and various on-the-job assessments, in addition to obtaining a degree. A normal actuarial studies degree spans 3 years.  Outstanding private universities in Malaysia for Actuarial Science or Actuarial Maths degree with VEE Paper exemptions from SOA are Heriot-Watt University Malaysia,  Asia Pacific University and  Taylor’s University.

Thereafter, completing the professional exams may take another 3-7 years (considering working full-time while studying). Students should choose the best university in Malaysia for actuarial science to prepare them well to face the professional exams.

The journey to become a qualified actuary as outlined by the Society of Actuaries (SOA) – one of the most prominent professional organisation for actuaries in the world – is divided into four stages. The first is the Validated by Educational Experience (VEE) stage where students who receive grades of 70% and above for subjects in economics, corporate finance and applied statistics – will receive credit for these professional papers.

The second stage involves five preliminary exams that candidates must pass before proceeding to the penultimate stage, namely, the Fundamentals of Actuarial Practices course and the Associateship Professionalism Course (APC). This will qualify them as an Associate of the Society of Actuaries (ASA). The final hurdle would be to qualify as a Fellow of the Society of Actuaries (FSA).

Best UK Dual Award Actuarial Science Degree Course in Malaysia at Asia Pacific University (APU)

Graduates from Asia Pacific University will receive a UK Dual Award degree from Staffordshire University. An impressive 95% of APU's graduates obtain jobs before graduation.

Graduates from Asia Pacific University will receive a UK Dual Award degree from Staffordshire University. An impressive 95% of APU’s graduates obtain jobs before graduation.

At Asia Pacific University, Bachelor of Science (Hons) Actuarial Studies students will also receive credits for all the 3 Validated by Educational Experience (VEE) papers from SOA as long as they receive a minimum mark of 70% in the APU equivalent papers.

Graduates from Asia Pacific University will receive a dual award, one from APU and the other from Staffordshire University, UK.  After completing the Foundation in Business & Management, students will enter the BSc. (Hons) in Actuarial Studies at APU. Uniquely at APU, graduates will receive dual degrees, one from APU and the other from Staffordshire University, UK.

The qualification is recognised internationally and the collaboration approved by the United Kingdom Quality Assurance Agency’s (QAA); the Ministry of Education of Malaysia; and the Malaysian Qualifications Agency (MQA).

Since its inception in the early 1900s, Staffordshire University has evolved into one of the country’s most dynamic, progressive and forward-thinking learning institutions.

A modern, fast-paced, vocationally-led University with 100 year’s experience of pioneering higher education within the creative, technological and scientific industries. Students can opt to transfer to Staffordshire University for the final 2 years or final year of studies for a UK experience.

The actuarial science degree programme at Asia Pacific University (APU) is specifically designed to provide:

  • The necessary knowledge and skills to provide advice to institutions like insurance or reinsurance companies, pensions funds and financial and investment institutions. The skills acquired by actuaries are not confined to the financial sector but are also transferable to any organisation that has to deal with risk and make financial sense of the future.
  • Opportunities to adapt to Insurance-related industries by providing them with assignments to mimic the actual decision making process and broad-based information pertaining to the industries.
  • Opportunities to develop their skills to solve a problem and model a solution using specialized statistical and actuarial methods.

What you will study in the Bachelor of Science (Hons) in Actuarial Studies at Asia Pacific University (APU)

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Zijun, Actuarial Science at Asia Pacific University

Asia Pacific University’s BSc (Hons) in Actuarial Studies is a 3 years degree programme of full-time study. The actuarial studies degree programme at APU is designed not only to provide students with knowledge and skills to enter the actuarial profession but also prepare them for the professional examinations that will lead them to a qualified actuary.

During their undergraduate studies, students can attempt the examinations conducted by professional bodies such as Society of Actuaries (SOA) or Institute and Faculty of Actuaries (IFoA) and upon graduation, they can embark on careers as an actuarial assistant.

In Asia Pacific University, students will also receive credits for all the 3 Validated by Educational Experience (VEE) papers from SOA as long as they receive a minimum mark of 70% in the APU equivalent papers.

While working, they continue to sit and pass the remaining professional exams, eventually becoming qualified actuaries in their chosen specialisation in various areas such as Corporate Finance and Enterprise Risk management, Individual Life and Annuities, Group and health Insurance, Retirement Benefits, Quantitative Finance and Investment, and General Insurance.

APU graduates will also acquire the essential leadership qualities, work in teams, communication skills, problem solving abilities, critical thinking, as well as entrepreneurial and managerial skills that will enable them to face the challenging and exciting world today.

Actuaries usually work primarily for the insurance industry. They are also highly sought after by other sectors such as private corporations, banks, financial institutions and investment firms, brokerages and even government department such as Bank Negara also requires actuaries in risk management and financial consulting services.

APIIT & APU had continuously wins awards for excellence in education, research and development and for the achievements of their students. Students interested to register at APU may go to this link.

Year 1 Subjects for the UK Dual Award BSc (Hons) in Actuarial Studies at Asia Pacific University

Asia Pacific University new campus at Technology Park Malaysia, Bukit Jalil in Kuala Lumpur

Asia Pacific University new campus at Technology Park Malaysia, Bukit Jalil in Kuala Lumpur

The first year programme comprises modules from the areas of finance, economics and mathematics. The objective of the first year is to equip students with the basic tools of mathematical, financial, accounting and economic analysis which will be required for the modules to follow at Level 2

Statistical Investigation module forms the basis for later statistics options. Linear Algebra, Calculus, Discrete Mathematics, Probability Models and Statistical Inference are introductory level courses designed to prepare students for using mathematics & statistics in other contexts.

Economics will provide students with a better understanding of the Business Environment. Financial Accounting skills and the core principles underlying financial theory will be introduced in this level which will be enhanced in the higher level.

Business & Communication Skills will further equip students with the communication skills required to cope with academic demands of degree level study in all disciplines.

Modules

  • Business and Communication Skills
  • Business Economics
  • Calculus
  • Discrete Mathematics
  • Financial Accounting
  • Introduction to Visual Programming
  • Linear Algebra
  • Probability Models
  • Statistical Inference
  • Statistical Investigation
  • Three (3) MQA modules applicable only to Malaysian students

MQA Modules

  • Bahasa Melayu (Malay Language)
  • Pengajian Malaysia (Malaysian Studies)
  • Pendidikan Moral (Moral Studies); or Pendidikan Islam (Islamic Studies)

Year 2 Subjects for the UK Dual Award BSc (Hons) in Actuarial Studies at Asia Pacific University

This level looks at applications of mathematics and statistics in the Financial & insurance sectors.

1st Runner Up in the 2014 Chartered Institute of Management Accounting (CIMA) GLOBAL Business Challenge Malaysia - Ali Atiq, Nikita Arabel Pironti, Kasimova Shafia and Veeresh Roy Joggesser, who are all third year BA (Hons) in Accounting and Finance students from Asia Pacific University (APU)

1st Runner Up in the 2014 Chartered Institute of Management Accounting (CIMA) GLOBAL Business Challenge Malaysia – Ali Atiq, Nikita Arabel Pironti, Kasimova Shafia and Veeresh Roy Joggesser, who are all third year BA (Hons) in Accounting and Finance students from Asia Pacific University (APU)

The modules offered will cover techniques for the analysis of results from experiments and surveys where students will be doing modules like Regression Analysis, Time Series & Forecasting, Life Contingencies as well as Linear Programming.

Modules such as Financial Mathematics, Financial Planning & Control, Financial Statement Analysis and Financial management will allow students to explore finance in greater depths, both at the planning and management aspect.

The Financial Economics module will introduce students to the necessary skills to

construct asset liability models and to value financial derivatives whereas Life Contingencies module will provide students with a grounding in the mathematical techniques which can be used to model and value cashflows dependent on death, survival, or other uncertain risks.

Ethics & Corporate Governance will also be taught in this level to provide students with relevant knowledge, skills and professional judgment in which companies are directed and controlled.

Students may opt to undergo an optional period of practical training of about 3 months after the second level of study, which would enable students to experience the culture and ethos of a working environment and formal employment.

Students will benefit from seeing how the skills and knowledge acquired are applied in a practical setting.

Modules

  • Calculus II
  • Ethics and Corporate Governance
  • Financial Economics
  • Financial Management
  • Financial Mathematics
  • Financial Planning and Control
  • Financial Statement Analysis
  • Life Contingencies
  • Linear Programming
  • Regression Analysis
  • Research Methods
  • Time Series and Forecasting

Year 3 Subjects for the UK Dual Award BSc (Hons) in Actuarial Studies at Asia Pacific University

I wasn’t sure of which university to join for actuarial science. EduSpiral shared with me about the scholarship and actuarial pathways clearly which helped me to decide.
Wei Zhe, Actuarial Science at Asia Pacific University (APU)

Corporate Finance, Risk Theory, Financial Derivatives, Macroeconomics Policy & Financial Markets, and Portfolio Management

modules will further enhance the knowledge of an individual to plan, manage, and analyze the financial and monetary aspects and performance of business enterprises, banking institutions or other organisations.

Insurance Practice and Survival Analysis modules introduce students to a wide range of concepts and terminologies in insurance providing students with basic skills of calculating various insurance related items. Introduction to Stochastic Process will introduce students to a range of stochastic process which are used as modeling tools in diverse fields of applications.

Students will also carry out an individually researched project and their own investigations into areas related to investment, finance, commerce or insurance.

Modules

  • Corporate Finance
  • Financial Derivatives
  • Insurance Practice
  • Introduction to Stochastic Process
  • Investigation in Actuarial Studies
  • Macroeconomics Policy and Financial Markets
  • Pension Planning
  • Portfolio Management
  • Project in Actuarial Studies
  • Risk Theory
  • Survival Analysis

The UK Dual Degree Programmes at Asia Pacific University

Staffordshire University is a top rated university in the UK

Staffordshire University is a top rated university in the UK

The Dual Degree Programmes are offered through a unique collaborative partnership between APU and Staffordshire University, United Kingdom, through which Staffordshire accredits undergraduate programmesthat are designed and delivered by APU. On completion of the programme, students will be awarded two undergraduate degree Certificates and Transcripts: one from APU and one from Staffordshire.

The APU-Staffordshire Dual Degree Programmes are offered under an approved collaboration in accordance with the Code of Practice for the Assurance of Academic Quality and Standards in Higher Education as published by the United Kingdom Quality Assurance Agency’s (QAA).

APU’s academic programmes are all approved by the Ministry of Higher Education of Malaysia and the qualifications are accredited by the Malaysian Qualifications Agency (MQA).

The Computer Science degree programme at Asia Pacific University is specifically designed to provide:

  • Technical knowledge, skills and background in the design and organization of computer systems.
  • The ability to critically evaluate design paradigms, languages, algorithms, and techniques used to develop complex software systems.
  • The ability to evaluate and respond to opportunities for developing and exploiting new technologies.

 

Top Bachelor of Science (Hons) Actuarial Studies UK Dual Award degree programme at Taylor’s University Lakeside Campus

The beautiful 27-acre Taylor's Lakeside Campus will provide all the right conditions for a vibrant exchange between academic, commercial, social and leisure activities for top students

The beautiful 27-acre Taylor’s Lakeside Campus will provide all the right conditions for a vibrant exchange between academic, commercial, social and leisure activities for top students

Students wanting a top rated business degree can go for the Bachelor of Science (Hons) Actuarial Studies  UK Dual Award degree at Taylor’s University. Students will receive a degree from Taylor’s University as well as the top ranked University of the West of England, UK. These are just some of the reasons that Taylor’s University is one of the best universities in Malaysia for you to study the degree in Actuarial Studies.

Actuarial Studies is the extensive study of mathematics, probability, statistics, finance and economics. Offered by Taylor’s Business School (TBS), the programme transforms students into skilled analytical problem solvers who are trained to calculate and manage financial risk for businesses.

Beyond providing a comprehensive programme, Taylor’s University further enrich the educational experience through various learning opportunities to help students get the most out of their studies.

3-Year and 4-Year Bachelor of Science (Hons) Actuarial Studies UK Dual Award degree programme at Taylor’s University in Malaysia

Our mum asked us to talk to EduSpiral as we did not know what to study. EduSpiral had helped our older sister before. He met us at Taylor’s, talked to us and then gave us a tour.
Gan twins, Foundation in Arts at Taylor’s University

Designed to Suit Different Needs

The Actuarial Studies programme at Taylor’s University offers flexibility and allows students to choose how they wish to maximise their time at Taylor’s Business School. These options include:

A Semester Abroad
Students have the choice to complete a semester abroad in their second year. Credits gained during this semester will be recognised by Taylor’s University.

Short Internship
Offered in the final year of the 3-year programme, students have the opportunity to apply classroom lessons and gain industry experience from top companies.

Long Internship
Offered in the third year of the 4-year programme, students have the opportunity to broaden their knowledge and gain industry exposure that will help them excel in their final year of studies.

Flexible Learning
Students also have the option to transfer to another Taylor’s Business School programme during their course. Credits gained during their enrolment in Actuarial Studies will be credited to their new programme. Students have an option to take electives from other business programmes as well.

Programme Structure for the Bachelor of Science (Hons) Actuarial Studies UK Dual Award degree programme at Taylor’s University in Malaysia

Year 1 Subjects for the Actuarial Studies degree programme at Taylor’s University

  • Mathematics of Finance
  • Mathematics Statistics
  • Insurance Practices and Takaful
  • Macroeconomics
  • Fundamentals of Linear Algebra
  • Introduction to Accounting
  • Introduction to Finance
  • Microeconomics
  • MPU 1(a)
  • MPU 1(b)

Year 2 Subjects for the Actuarial Studies degree programme at Taylor’s University

Lecture Theatre at Taylor's University

Lecture Theatre at Taylor’s University

  • Globalisation and Economics Sustainability
  • Enterprise Risk Management
  • Advanced Calculus
  • Actuarial Mathematics
  • Calculus
  • Corporate Finance
  • Life Contingencies I
  • MPU 2
  • MPU 3
  • MPU 4
  • 1 Elective
Year 3 Actuarial Studies SubjectsYear 3 Actuarial Studies Subjects
Business Ethics and Values
Financial Economics
Insurance Regulations and Corporate Law
Life Contingencies II
Personal Financial Planning
Life Insurance and Pension Funds
Programming
Stochastic Processes
Project
Internship Placement (Short Internship)
2 Electives
Internship Placement (Long Internship)
Year 4 Actuarial Studies Subjects
Business Ethics and Values
Financial Economics
Insurance Regulations and Corporate Law
Life Contingencies II
Life Insurance and Pension Funds
Programming
Stochastic Processes
Project
2 Electives

UK Dual Award from the University of the West of England (UWE), Bristol, U.K.

Taylor's University Lakeside Campus is strategically located in a modern and well-planned township. Just 30 minutes away from the bustling Kuala Lumpur

Taylor’s University Lakeside Campus is strategically located in a modern and well-planned township. Just 30 minutes away from the bustling Kuala Lumpur

Taylor’s Business School (TBS) offers dual award degree programmes in collaboration with the Bristol Business School, University of the West of England (UWE), UK. A quality review committee, comprising academics from both institutions, is established for quality assurance and the moderation of the standards of the programmes, which includes curriculum and assessment. Students will receive certification from both Taylor’s University and UWE upon completion of their degrees at Taylor’s.

Tracing its roots back to 1595, UWE represents a long and well-established tradition of first-class professional education and training. With over 30,000 students, UWE is a modern, growing university situated in Bristol, which is ranked UK no.1 most liveable city.

UWE has been ranked no.6 for employability in the UK. 95% of graduates are employed or in further study six months after graduation. Bristol is the eighth largest city in the UK, the largest city in the south west and is home to many large businesses and employers including Airbus, AXA, BBC, Environment Agency, Hewlett Parkard, Lloyds TSB, Ministry of Defence and Rolls-Royce.

Internship and Industry Immersion Programme at Taylor’s University

A distinctive feature of our Bachelor of Business (Hons) curriculum is the internship and industry immersion programme at established organisations. The internship programme aims to provide you with a deeper cross-cultural appreciation of both business practices and research, whereas industry immersion programme is specially designed to provide you with a wealth of exposure with some of the prestigious companies in the corporate world, and receive exclusive training, insights and mentorship form industry veterans.

National Business and Entrepreneurship Competitions

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Terence Wong, Business at Taylor’s University

Taylor’s University students have consistently been involved in real-life business presentations and pitches, where they have gone on to clinch numerous awards and gain national and international recognition.

These opportunities put their knowledge and skills to the test, and add to the repository of experiences that prepare them for business. Active participation in these events also enables students to benchmark their solutions and knowledge against their peers, while managing the challenges that come with actual business scenarios.

  • HSBC Young Entrepreneur Challenge
  • Business Prototype Showcase
  • Tokio Marine Marketing Challenge
  • CIMB ASEAN Stock Challenge
  • CIMA Global Business Challenge
  • Taylor’s Business Plan Challenge
  • Deloitte Risk Intelligence Challenge Trophy
  • CFA Institute Research Challenge
  • PNB Kuiz Pelaburan
  • Innovative Youth, Future Business Leader
  • L’Oreal Brandstorm Competition

Study the Actuarial Science Degree at the Top Ranked Heriot-Watt University Malaysia

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Weng Hang, Heriot-Watt University Malaysia

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.

Heriot-Watt University Malaysia Bachelor’s degree mirrors the highly successful BSc (Hons) Actuarial Science degree offered in the UK, which is accredited by the UK Actuarial Profession. Students who obtain a first class or good upper second class (2:1) Honours degree automatically obtain exemptions from the CT1-8 subjects for which they have studied relevant material in their degree. In addition, exemptions are still available on an individual subject basis

It is expected that the Actuarial Science programme in Malaysia will also offer exemptions from all Core Technical subjects, CT1 to CT8, for students performing sufficiently well. This can significantly reduce the time taken to qualify as a Fellow of the Institute and Faculty of Actuaries.

 

Programme Structure for Actuarial Science Degree at Heriot-Watt University Malaysia

First Year Subjects for Actuarial Science Degree at Heriot-Watt University Malaysia

  • Probability and Statistics
  • Actuarial and Financial Mathematics
  • Linear Algebra
  • Multivariate Calculus and Real Analysis
  • Finance and Financial Reporting
  • Practical work

Second Year Subjects for Actuarial Science Degree at Heriot-Watt University Malaysia

  • Life Insurance Mathematics
  • Statistical Models
  • Stochastic Processes
  • Portfolio Theory and Asset Models
  • Survival Models
  • Derivative Markets
  • Discrete-time Finance
  • Project work

Third Year Subjects for Actuarial Science Degree at Heriot-Watt University Malaysia

  • Risk Theory
  • Financial Risk Management
  • Pension Funds
  • Life Office Practice
  • Time Series
  • Bayesian Inference
  • Electives in mathematics and economics

Accreditation of Actuarial Science Degree at Heriot-Watt University Malaysia

In accordance with the normal practice of Heriot-Watt University’s professionally orientated programmes are designed to meet the educational requirements for membership of relevant professional institutions.

In addition to recognition within Malaysia, they seek accreditation by the relevant UK or international professional bodies in accordance with their standard procedures.

 

Students interested in registering at Heriot-Watt University Malaysia, please go to this link. For information on hostel accommodation at Heriot-Watt University Malaysia, go to this link. Scholarships are available to deserving Malaysian students who have achieved high results in their SPM, STPM, A-Levels or UEC examinations.

About Heriot-Watt University Malaysia, One of the Best Universities in Malaysia

Students in Malaysia can get a top ranked UK degree in Malaysia at Heriot-Watt University Malaysia

Students in Malaysia can get a top ranked UK degree in Malaysia at Heriot-Watt University Malaysia

Heriot-Watt University Malaysia’s first premises in Putrajaya opened to students in early 2013.  Heriot-Watt University Malaysia’s purpose-built campus in the city of Putrajaya is based only 25 kilometres from Kuala Lumpur.

Students at the Putrajaya campus join a vibrant, diverse community. The multi-cultural character of the campus provides opportunities to meet and mix with a broad range of international students and enjoy a supportive environment to help you make the best of your time as a student.

The university offers a range of activities to help students settle into university life, make friends and feel part of the university community. Heriot-Watt University Malaysia provides opportunities for students to develop important skills and gain valuable experience, in addition to those offered by their academic programmes.

The university’s strengths and experience in business, finance, manufacturing, engineering, energy and the built environment research match well with local industry interests seeking opportunities to build links. Heriot-Watt University Malaysia already has relationships with some of the international companies with headquarters in Malaysia, particularly in areas such as electronics, photonics, marine and oil and gas.

An iconic curved green roof at Heriot-Watt University Malaysia

Heriot-Watt University is Malaysia’s first purpose-built green campus. The campus is remarkable for having the first green roof of its kind in Malaysia which will act as an observation deck, accessible by glass lift. The 300 metre long, 30 metre wide green roof requires a combination of particular soil, waterproofing, an irrigation system and grasses to avoid erosion.

The development is marked by its environmentally friendly, passive design features including campus lighting ‘powered’ by the maximum use of natural daylight, a rainwater harvesting system and optimised air-conditioning and thermal control systems.

Green Prospects Asia has featured the new campus with its unique, arching green roof that curves from the ground to the fourth floor. According to the publication, “It is expected to be a landmark feature in Putrajaya.”

A state-of-the-art learning environment at Heriot Watt University Malaysia

Heriot-Watt University’s campus is located close to the Putrajaya marina and to other purpose-built, modern leisure and sports

Heriot-Watt University Malaysia new RM191 million state-of-the-art campus next to the Putrajaya lake

Heriot-Watt University Malaysia new RM191 million state-of-the-art campus next to the Putrajaya lake

facilities.

Situated in a stunning lakeside locationin Putrajaya, the building boasts a variety of informal study spaces, an extensive library and easy access to IT facilities with wifi available throughout. Heriot-Watt University’s teaching spaces will be flexibly designed to allow for traditional lectures and studio-based learning, complemented by high-quality electronic teaching and learning resources.

There are common rooms throughout the campus, giving students space to socialise and relax. On the promenade, facing the lake, is the cafeteria with other stores and retail outlets planned.

The campus will provide a state-of-the-art teaching and learning environment, reflecting the university’s status as a leading provider of high-quality, professionally orientated education, knowledge transfer and research. When the campus is fully developed the university aims to support up to 4,000 students.

Heriot-Watt University’s students

Heriot-Watt University is one of the top 20 universities in the UK

Heriot-Watt University is one of the top 20 universities in the UK

  • 7,880 students on UK campuses, including 5,800 undergraduates and 2,080 postgraduates.
  • 3,181 students at our Dubai Campus, including 2,181 undergraduates and 1,000 postgraduates.
  • The Watt Club, our alumni association, was founded in 1854 making it the oldest graduate club in the UK. The Club connects over 88,000 of our alumni.

Career-relevant education at Heriot-Watt University

Responding to the needs of business and industry defines their approach. Heriot-Watt University work in partnership with the professions to develop their degrees, ensuring a career-relevant education and an environment that helps to foster the leaders of tomorrow.

Their practical, leading edge research is focused on providing solutions and is helping to tackle some of the key challenges facing contemporary society.

Heriot-Watt University’s Graduates

Heriot-Watt University Graduates

Heriot-Watt University Graduates

Heriot-Watt University’s global alumni network

Heriot-Watt University has 96,000 alumni spread across the globe and this network of graduates is very important to us.

The Watt Club is the university’s alumni association which you automatically become part of when you graduate. It has been in existence since 1854 and is one of the oldest alumni associations in the UK.

The strong alumni base gives students opportunities to interact with industry representatives as well as their staff. This is proven statistically, with 94.3 per cent of Heriot-Watt University’s graduates employed within 6 months of graduation globally, ranking the university 10th in the UK for graduate employment.

Its success rate in the job market comes from a focus on courses which are geared to industry and which have a professional outcome. Strong links with the industry are a key factor, from alliances with oil and gas companies to research collaborations with more than 25 countries globally

Heriot-Watt University’s alumni in Malaysia

With 3,500 alumni, Malaysia has the biggest group of Heriot-Watt graduates outside of the UK and the university looks forward

Top students from all over Malaysia study at Heriot-Watt University Malaysia

Top students from all over Malaysia study at Heriot-Watt University Malaysia

to the growth of this group as their new campus at Putrajaya becomes established. Current students can also benefit from the existing network with access to alumni mentoring, guest lectures, internships and other available services.

Many of the university’s Malaysian alumni have gone on to key roles with some of the country’s major companies, such as Petronas, YTL Corporation Berhad, Exxon Mobil, Motorola and PwC.

Students interested in registering at Heriot-Watt University Malaysia, please go to this link.Affordable hostel accommodation is provided at safe and conducive condominiums in Cyberjaya with free bus shuttle to and from Heriot-Watt University Malaysia.

Scholarships are available at Heriot-Watt University Malaysia to deserving Malaysian students who have achieved high results in their SPM, STPM, A-Levels or UEC examinations.

Heriot-Watt University is a Top Ranked University in the UK and in the World

  • Heriot-Watt University

    Heriot-Watt University

    Heriot-Watt University is ranked 352nd in the world, 40th in UK and 7th in Scotland for the QS World’s Top Universities. This places the university in the top 4%, based on approximation of at least 10,000 universities in the world

  • Heriot-Watt has been ranked 47th in world, 3rd in UK, and 1st in Scotland, in the QS world ranking of universities under 50 years of age.
  • THE’s ‘Table of Tables’ is the combined results of the three main UK university league tables – the Good University Guide (published by The Times and The Sunday Times), The Guardian and The Complete University Guide.In the Table of Tables 2015: Heriot-Watt is placed 25th in the UK – rising from 28th the previous year
  • 63rd in the world, 10th in the UK and 2nd in Scotland in The Times Higher Education ‘100 Under 50’ 2013 (University Royal Charter awarded in 1966).
  • 22nd in the world, based on the ‘international outlook’ indicator in the World University Rankings in the Times Higher Education – World’s Most International Universities.
  • Scottish University of the Year 2012-13 (and 2011-12) and UK University of the Year for Student Experience 2012-13 by the Sunday Times.

QS World’s University Rankings 2016/17

  • Heriot-Watt University is ranked 327th in the world, 41st in UK and 7th in Scotland
  • This places Heriot-Watt University in the top 4% of universities globally, based on approximately 10,000 universities in the world
  • The University was also ranked in the UK top ten for our proportion of international students and international faculty.

QS World University Rankings by Subject 2016

  • Top 50 worldwide for Mineral & Mining Engineering (34th in the world)
  • Top 150 worldwide for Civil & Structural Engineering
  • Ranked in the top universities worldwide for eight subjects: Chemistry, Chemical Engineering, Civil & Structural Engineering, Electrical Engineering, Mineral & Mining Engineering, Computer Science & Information Systems, Mathematics and Physics & Astronomy.

Heriot-Watt University consistently achieves high ranking across a number of key university league tables:

  • Guardian University Guide 2016 – 18th place Overall
  • National Student Survey 2013 – 11th in the UK and second in Scotland
  • The Complete University Guide 2016 – 37th Overall
  • Times Higher Education World University Ranking – 22nd in the world for ‘International outlook’
  • Times/Sunday Times Good University Guide 2015 – 41st in the UK and sixth in Scotland

Times Higher Education ‘Table of Tables’

THE’s ‘Table of Tables’ is the combined results of the three main UK university league tables – the Good University Guide (published by The Times and The Sunday Times), The Guardian and The Complete University Guide.

  • In the Table of Tables 2015: Heriot-Watt is placed 27th in the UK and 3rd in Scotland

Heriot-Watt University’s Ranking in the Guardian University Guide 2017

  • Ranked 27th in the UK and 4th in Scotland
  • 2nd in UK for Building and Town & Country Planning
  • 3rd in UK for Accounting and Finance
  • Top 10 in the UK for Economics, Physics and Fashion & Textiles.
  • 1st in Scotland for Accounting & Finance, Building and Town & Country Planning, Economics, and
  • Mechanical Engineering
  • 2nd in Scotland for six subjects: Business Management & Marketing, Chemistry, Chemical Engineering, Fashion & Textiles, Modern Languages & Linguistics, and Physics.

Heriot-Watt University’s Ranking in the Times/Sunday Times Good University Guide 2017

  • Overall, 37th out of 128 institutions in the UK and 4th in Scotland
  • Top ten in the UK for Building, Town & Country Planning and Landscape and General Engineering
  • Top in Scotland for Building, Chemical Engineering, Town & Country Planning and Landscape, and top 3 in Scotland for: Art & Design, Chemistry, Economics, General Engineering, Mathematics and German.

Heriot-Watt University’s Ranking in the Complete University Guide 2017 (UK)

  • 34th in the UK and 4th in Scotland
  • Top ten in the UK for Building, Chemical Engineering, Art & Design and Town & Country Planning
  • We are ranked in the top 25 for : Accounting & Finance, Computer Science and Mechanical Engineering
  • Within Scotland Heriot-Watt University is 1st for Building and Town & Country Planning and 2nd for Art & Design

The Best Actuarial Science Degree Programme at UCSI University

Associate Professor Dr. Ngerng Miang Hong Ph.D, Head of Department, Actuarial Science & Applied Statistics at UCSI University

Associate Professor Dr. Ngerng Miang Hong
Ph.D, Head of Department, Actuarial Science & Applied Statistics at UCSI University

Actuaries in Malaysia are professionals dealing with the financial impact of risk and uncertainty.

Actuaries use their skills in mathematics, economic, computer science, finance, probability and statistics, and business to assess the likelihood of occurrence of certain risky events formulate policies that minimize the cost of these risks.

As such, actuaries are essential to the insurance and reinsurance industry in Malaysia. In addition, they can be consultants to other businesses, including sponsors of pension plans; and to government agencies such as Bank Negara Malaysia.

The 3-year BSc (Hons) Actuarial Science programme at UCSI University provides a solid grounding in mathematics, accounting, finance and statistic to integrate theories with actual experience and build a foundation for students to pursuit professional career in the financial risk management industry.

Students at UCSI University will be furnished with the essential leadership qualities, communication skills, problem-solving abilities, critical thinking, as well as entrepreneurial and managerial skills that will enable them to face the challenging yet exciting world, where risks can be turned into opportunities.

Assessments of the Bachelor of Science (Hons) Actuarial Science at UCSI University

The assessment includes a combination of examinations, projects and assignments, and finally a requirement to complete a dissertation in Independent Project in the final year. Students will acquire up-to-date vocational skills that are relevant and competitive. This reflects the complex and challenging nature of the accounting, finance and business realms.

Year 1 Subjects for the Bachelor of Science (Hons) Actuarial Science Degree at UCSI University

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  • Mathematics 1
  • Statistics
  • Elective 1
  • Managerial Accounting
  • Mathematics 2
  • Applied Probability
  • Mathematics of Interest Rates
  • Mathematics of Financial Derivatives
  • Business Accounting
  • Elective 2
  • Elective 3
  • University Life (MPU-U2)
  • Extracurricular Learning Experience 1 (MPU-U4)
  • Co-operative Placement 1

 

 

 

Year 2 Subjects for the Bachelor of Science (Hons) Actuarial Science Degree at UCSI University

  • Applied Statistical Models
  • Life Contingencies 1
  • Financial Management 1
  • Intro to Stochastic Process
  • Life Contingencies 2
  • Loss Models
  • Stat. Simulation for Fin. Modelling
  • Macroeconomics
  • Elective 4
  • Microeconomics
  • Elective 5
  • Business Law- Malaysian Perspective (MPU-U3)
  • Extracurricular Learning Experience 2 (MPU-U4)
  • Co-operative Placement 2

Year 3 Subjects for the Bachelor of Science (Hons) Actuarial Science Degree at UCSI University

  • EduSpiral helped me to find the right college for A-Levels, & now they have helped me to choose what to study after my A-Levels. Chee Kin, Actuarial & Finance degree at UCSI University

    EduSpiral helped me to find the right college for A-Levels, & now they have helped me to choose what to study after my A-Levels.
    Chee Kin, Actuarial & Finance degree at UCSI University

    Independent Project 1

  • Stochastic Calculus for Ins. & Fin.
  • Stat. Methods for Insurance
  • Credibility Theory
  • Actuarial Practices
  • Elective 6
  • Independent Project 2
  • Extracurricular Learning Experience 3 (MPU-U4)
  • Co-operative Placement 3

List of Electives (choose up to 6)

  • Fundamental of Marketing
  • Fundamentals of Management
  • Introduction to Internet Technologies
  • Accounting Information System
  • Business Modelling with Spreadsheet
  • Business Information System
  • Java Programming 1
  • Business Law
  • Business Communications
  • Corporate Finance
  • Visual Basic .Net
  • Numerical & Computing Method

Top Actuarial Science Degree Programme at UCSI University

Chan Min Zhuo, Actuarial Science degree student at UCSI University, is one of the few local students who passed three of the five preliminary exams required in 2 years

As testament to UCSI University’s efforts, they have students who passed three to five preliminary exams when they were still in their second year. This is a remarkable feat.

To obtain the best people for the job, the actuary profession is one of the most Chan Min Zhuo, Actuarial Science degree student at UCSI University, is one of the few local students who passed three of the five preliminary exams required in 2 years regulated. Chan has now passed all 5 preliminary papers.

One must pass professional examinations and various on-the-job assessments, in addition to obtaining a degree. There are not many universities in Malaysia that offer the degree in Actuarial Science.

Teoh Wei Jing, a UCSI Actuarial Science student from SMJK Jit Sin has completed 5 Society of Actuaries (SOA) Professional Papers before entering into the 3rd Year of his degree studies.

Another student, Chong Kim Sin, a UCSI Actuarial Science student has completed 5 Society of Actuaries (SOA) Professional Papers before entering into the 3rd Year of his degree studies.

There are very few students in the whole of Asia who have passed five SoA examinations before the third year. This makes Chong Kim Sin among Asia’s crème de la crème for actuarial science.

Currently, Chong Kim Sin has passed the Probability (P), Financial Mathematics (FM), Actuarial Models: Financial Economics (MFE), Actuarial Models: Life Contingencies (MLC), as well as the Construction and Evaluation of Actuarial Models (C) examinations.

He now has only two components left before qualifying as an Associate of the Society of Actuaries (ASA); the Fundamentals of Actuarial Practice (FAP) and Associateship Professionalism Course (APC).

Other top UCSI students Xie Chun Xiao, Angie Ng Mei Sean, Christopher Low Jia Iuan, Callie Loh, Hon Li Yen, Ham Khai Chung, Ngew Chee Hong Anthony, Tan Khe Han and Wong Mei Chin have completed 4 preliminary SoA examinations before the third year.

Understanding the profession’s stringent requirements, UCSI University sought the knowledge and experiences of Dr Ngerng Miang Hong and Dr Toh Kian Kok to manage and design its BSc (Hons) Actuarial Science.To study Actuarial Science in Malaysia, students should choose a university that best equips them with the knowledge and skills to succeed in actuaries.

Assoc Prof Dr Toh Kian Kok is also the Deputy Vice-Chancellor, Quality Assurance and Enhancement at UCSI University with a B.Sc. (Actuarial Science), M.Sc. (Applied Mathematical Science), and Ph.D (Statistics)

The library & computer labs are located inside the Learning Resource Centre at UCSI University

The library & computer labs are located inside the Learning Resource Centre at UCSI University

The result: A course that provides students with a world-class degree in line with the requirements of the Society of Actuaries (SOA) – the largest professional organisation for actuaries in the world. On top of that, the course also grooms students to have the rigorous capacity to ace the professional examinations they are required to sit for.

“Students require only three years of full-time study to prepare them for the professional examinations and on-the-job assessments during the span of their careers,” says Dr Toh, who is the Dean of UCSI University’s Faculty of Business and Information Science.

“It is a heavy responsibility for us as we want to ensure that within their three years with us, we prepare them for the next 30-years or more of their career.”

Award-Winning Business Students at UCSI University

Chong Kim Sin, a UCSI Actuarial Science student has completed 5 Society of Actuaries (SOA) Professional Papers before entering into the 3rd Year of his degree studies.

2015 – Wong Hao Yi & Kok Yat Sing, Bachelor of Science (Hons) Actuarial Science students at UCSI University, became National Champions for CIMB ASEAN Stock Challenge 2015, organised by CIMB Group Holdings Bhd, Malaysia’s second-largest bank by assets.

2015 – Kong Kah Weng, Eric, Bachelor of Arts (Hons) Marketing student at UCSI University, is the First Prize Winner for the “Think New” Essay Writing Competition, Eric Kong won himself a one month internship at Novo Education New Zealand. The competition was organized by South and South East Asia (SSEA), Education New Zealand.

2015 – Yeah Nyoke Kim, Bachelor of Arts (Hons) Logistics Management student at UCSI University, won the Best Student Award at the Chartered Institute of Logistic and Transport (CILT) Convocation 2015, Malaysia

2015 – Lim Czi Xian, Bachelor of Science (Hons) Finance and Investment at UCSI University, was chosen as the Seminar Leader for Obuse, Negano Prefecture to teach 8 seminars on philosophy in Japan, a project fully sponsored by Reischauer Institute of Japanese studies at H-LAB, Harvard College Japan Initiative.

UCSI University students Chew Pei Xin (second from left), Jasmine Lum (third from let), Lim Wai Hing (fifth from left), and Faculty of Business & Information Science lecturer Ms. Eva Lim (sixth from left) posing for a group photo after bagging the first runner-up prize at the MSC Malaysia- IHL Business Plan Competition (MIBPC).

UCSI University students Chew Pei Xin (second from left), Jasmine Lum (third from let), Lim Wai Hing (fifth from left), and Faculty of Business & Information Science lecturer Ms. Eva Lim (sixth from left) posing for a group photo after bagging the first runner-up prize at the MSC Malaysia- IHL Business Plan Competition (MIBPC).

2015 – Fatin Aveena Binti Azlan, Bachelor of Business Administration (Hons) Oil and Gas Management student at UCSI University, participated in the 2015 Yong Southeast Asian Leaders Initiative* (Yseali) Institute on Environmental issues in the United States, fully funded by the Department of United States and will be hosted by the University of Montana, Montana from 25 August -30 September 2015. * Initiative by U.S. President Barack Obama, international Council of Malaysian Scholars and Associates, Hosted by Mckensey & Co.

2014/2015 – Yong Kok Seong (Diploma in Management), Loh Peng An (Bachelor of Arts (Hons) Logistics Management) & Lo Shai Man (Bachelor of Arts (Hons) Accounting) won Merit Prize in the Malaysia Startup Challenge (MSC) Malaysia – Institution of Higher Learning (IHL)

2014 – Eric Kong Kah Weng (Bachelor of Arts (Hons) in Marketing), Kelvin Choo Chiang Tung (Bachelor of Science (Hons) in Finance and Investment), and Vivian Ng Mun Yee (Bachelor of Arts (Hons) in Accounting) emerged Champion for the event “World Islamic Economic Forum (WIEF) Business Plan Challenge 2014” for Social Entrepreneurial Project — “Bangi Soap”, Kampung Kalangkaman, Sabah, Malaysia

2013 – Lim Wai Hing & Chew Pei Xin (Bachelor of Arts (Hons)Business Administration students at UCSI University) won First runner-up placing at the Malaysia Startup Challenge (MSC) – Institution of Higher Learning (IHL) Business Plan Competition (MIBPC), 2012/2013, an annual competition that seeks to nurture a new generation of technology entrepreneurs.

2013 – Vanessa Meghann @ Ang Man Xuan, Liew Wye Yaw, Jason Yao Ching Huat & Vijayalecchumy who are Diploma In Management students at UCSI University emerged Champion for the Entrepreneurial Building Project 2014 competition, Malaysia

2011 – Foo Dun Fei & Ng Shing Leng (Bachelor of Arts (Hons)Business Administration students at UCSI University)won the first runner up during the national Malaysia Startup Challenge (MSC)–Institution for higher Learning (IHL) Business Plan Competition

Co-Operative Education Training Programme for Every Year of Degree Studies at UCSI University

I am glad that EduSpiral recommended me to UCSI University as I gained so much real work experiences during all my Co-Op (Internship). Paul Kong, graduated in Business Administration from UCSI University

I am glad that EduSpiral recommended me to UCSI University as I gained so much real work experiences during all my Co-Op (Internship).
Paul Kong, graduated in Business Administration from UCSI University

With its innovative academic curriculum, UCSI University students also enjoy the unique benefits of its Co-Operative Education Training Programme (Co-Op) that enhances their employability by integrating classroom learning with workplace training in Co-Op employer organisations.

Completing two months’ work experience for every study year, a UCSI University student would have six to eight months’ work experience to stand ready for full-time employment upon their graduation.

The Co-Operative Placement Programme at UCSI University formally integrates classroom learning with workplace training in co-operative employer organisations.

As part of their degree requirements, students enrolled in UCSI University programmes are required to complete a co-operative module comprising two months’ work experience for each year of their degree programme. Today, the University have over 3500 industry partners supporting the Co-Op Placement Programme.

With the number rising annually, these partnerships create job opportunities for students to be job-ready upon their graduation.

EduSpiral Consultant Services- Your Personal Online Education Advisor

My father wanted me to study at the best university for actuarial science & I wasn’t sure about my results. EduSpiral met up with us, explained about the course and university.
Min En, Actuarial Science, Heriot-Watt University Malaysia

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and private universities in Malaysia.

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.

These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.

If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.

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Posted on September 19, 2017, in Actuarial Science, Best University, Business, Career Choices, Choosing the right course, Study in Malaysia, Top Universities and tagged , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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