Bachelor of Science (Honours) Actuarial Sciences – Quest International University Perak

Bachelor of Science (Honours) Actuarial Sciences JPT/BPP(MQA/PA6639)04/21

Introduction
Programme content
Minimum entry requirements

Bachelor of Science (Hons) Actuarial Sciences is a professional degree that trains actuaries who are equipped with the capabilities to model and analyse finance related risks, especially in the banking and insurance industries. Besides that, private sectors such as financial planning institutions, corporations, investment companies and brokerage firms have a high demand for skilful actuaries in risk management and financial consulting services.

QIUP’s Actuarial Science programme is designed according to the topics and subjects required by the professional examinations of the Society of Actuaries (SOA), Casualty Actuarial Society (CAS), Canadian Institute of Actuaries (CIA) and Malaysia Financial Planning Council (MFPC). Students in this
programme are encouraged to take the examinations during their academic years. The university will provide guidance and support for the students to enrol in those professional examinations.

Besides the common actuarial science subjects which are required by the programme, QIUP’s Actuarial Science programme has included 4 significant specialisations, (Financial Planning, Data Science, Banking and Islamic Finance) and we have incorporated popular software systems such as, SPSS, R, Python, C++, SAS and Real Time Stock Price Tracking System in our curriculum design. This is to ensure
that the graduates of this programme are not only able to analyse business or finance problems using mathematical models, but they are also able to provide specific financial solutions.

Matapelajaran Pengajian Umum (MPU)	Local Hubungan Etnik TITAS Communication Skills / Bahasa Kebangsaan A Malaysian Economy Community Service International Bahasa Melayu Komunikasi 2 Malaysian Studies Communication Skills Malaysian Economy Community Service
University Courses	Understanding Human Behavior/ English Proficiency English for Academics Purposes I English for Academics Purposes II Co-Curriculum Activities
Compulsory Courses	Year 1: Calculus and Linear Algebra Principles of Programming Financial Mathematics Statistics and Probability Microeconomics Discrete Mathematics with Applications Risk Management and Insurance Planning Foundation in Financial Planning Introduction to Financial Accounting Financial Accounting and Reporting Year 2: Theory of Probability Actuarial Mathematics Risk Modelling Regression Analysis Macroeconomics Risk Analysis Survival Models Life Contingencies I Portfolio Management and Applications Actuarial Modelling I Advanced Calculus and Differential Equations Corporate Finance Year 3: Operations Research Actuarial Practices Industrial Training Project I Actuarial Modelling II Stochastic Methods for Actuarial Science Life Contingencies II Project II
Specialisation Courses	Financial Banking: Investment Planning and Analysis Retirement Planning Islamic Financial Planning Banking: Money and Banking Management Credit Analysis and Lending Banking Operations and Treasury Management Data Science: Database System Data Mining and Warehousing Big Data Analysis and Management Islamic Banking and Finance: Islamic Financial Investment Islamic Estate and Waqf Planning Retirement Planning

Sijil Tinggi Pelajaran Malaysia (STPM) / Sijil Tinggi Agama Malaysia (STAM)	Pass STPM with two full passes in 2 subjects and with a credit in Mathematics at SPM level Pass STAM with a minimum Jayyid Rank in 2 subjects and with a credit in Mathematics at the SPM level
General Certificate of Education Advanced (”A”) Level	Full passes with at least in two (2) subjects
Diploma	Pass Diploma in related field of study with a minimum CGPA of 2.5. Candidates with CGPA below 2.5 but above 2.0 may be admitted subject to rigorous internal assessment process Pass Diploma in any other field with a minimum CGPA of 2.5 and with a credit in Mathematics at Sijil Pelajaran Malaysia SPM (or equivalent) level
Matriculation / Foundation	Pass with a minimum 2.0
Unified Examination Certificate (UEC)	Pass Unified Examination Certificate (UEC) with a minimum of Grade B in 5 subjects including Mathematics
Other Qualifications	Pass International Baccalaureate with average grade point ≥ 2.0 based on three advanced level subjects. A minimum total point is 20, excluding bonus points Other qualifications will be assessed based on Senate’s recommendation and referred to MQA for approval on a case by case basis.