Quest International University (QIU)
Quest International University (QIU)

Quest International University (QIU)


Bachelor of Science (Hons) Actuarial Sciences


Actuarial Science
Bachelor's Degree Program
Year Established
Qualification Awarded
Bachelor of Science (Honours) Actuarial Sciences
Awarding Institution
Quest International University (QIU)
Recognition of Qualification
Malaysian Qualifications Agency (MQA) & Society of Actuaries (SOA)
Course Duration
3 years
April, July, October
Class Location
  • Quest International University (QIU)

Course Syllabus

Major Subjects
Year 1
• Calculus and Linear Algebra
• Principles of Programming
• Financial Mathematics
• Statistics and Probability
• Microeconomics
• Macroeconomics
• Discrete Mathematics with Applications
• Risk Management and Insurance Planning
• Foundation in Financial Planning
• Introduction to Financial Accounting
• Corporate Finance
• Financial Accounting and Reporting

Year 2
• Theory of Probability
• Actuarial Mathematics
• Risk Modelling
• Regression Analysis
• Risk Analysis
• Operations Research
• Survival Models
• Life Contingencies I
• Portfolio Management and Applications
• Actuarial Modelling I
• Advanced Calculus and Differential Equation
• Investment Planning and Analysis

Year 3
• Industrial Training
• Project I
• Project II
• Actuarial Modelling II
• Stochastic Methods for Actuarial Science
• Life Contingencies II
Elective Subjects
• Financial Planning • Data Science • Banking • Islamic Finance

Entry Requirement

• Sijil Tinggi Persekolahan Malaysia (STPM): Pass with two full passes in 2 subjects and with a credit in Mathematics at Sijil Pelajaran Malaysia (SPM) level

• Sijil Tinggi Agama Malaysia (STAM): Pass with a minimum Jayyid Rank in 2 subjects and with a credit in Mathematics at the Sijil Pelajaran Malaysia (SPM) level

• Unified Examination Certificate (UEC): Pass with at least grade B in five (5) subjects including Mathematics

• General Certificate of Education Advanced (”A”) Level: Pass A-Level/New South Wales Higher School Certificate (NSW HSC) with passes in 2 subjects

• Matriculation / Foundation:

Pass QIU foundation in Business/Science Programmes with CGPA ≥ 2.0; OR

Pass South Australian Matriculation Programme (SAM)/ Australian Matriculation Programme (AUSMAT)/ University of New South Wales (UNSW) Foundation/ Monash University Foundation Year (MUFY)/ Canadian International Matriculation Programme (CIMP)/ Canadian Pre-University (CPU); OR

Pass Matriculation/ Foundation/ Asasi from any IPTA/ IPTS/Institution that is allowed to offer pre-university programme with a minimum CGPA of 2.00

• Recognised Diploma in a related field:

Pass Diploma in a 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; OR

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

• 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; OR

Other qualifications will be assessed based on Senate’s recommendation and referred to MQA for approval on a case by case basis.

Course Fees

< RM50000 (estimated total amount of the tuition and miscellaneous fees for the entire program)

The fee listed above is only for reference. For the actual information of the tuition fees, please click here to inquire.

Course Inquiry

Ms. Jeannee
Tel:+60 12-6620498

Ask Me