Bachelor of Actuarial Studies (Honours)

Taylor's University’s Bachelor of Actuarial Studies equips students with strong mathematical and statistical foundations to excel in risk assessment, insurance, financial planning, and investment analysis. Through experiential learning, students develop analytical and problem-solving skills for complex business and finance environments.

Prerequisites:

• SPM / O-Level with Pre-U / Foundation: Pass SPM / O-Level or equivalent with 5 credits including Mathematics and a pass in English for entry with pre-university/ foundation qualification (Except for UEC)
• SPM / O-Level with Diploma: Pass SPM / O-Level or equivalent with 3 credits including Mathematics and a pass in English for entry with Diploma qualification

Entry Pathway:

Any one of these:

• Taylor's Foundation: Pass any Taylor's Foundation programme with min. CGPA 2.00
• Taylor's Diploma: Pass any Taylor's Diploma programme with min. CGPA 2.00
• Sijil Tinggi Persekolahan Malaysia (STPM): Minimum CC 
• Unified Examination Certificate (UEC): Pass with min. 5Bs including Mathematics and minimum pass in English. Candidates without a Grade B in UEC Mathematics and a pass in UEC English may be admitted if the candidate has a credit in Mathematics and a pass in English at SPM or equivalent
• A Level: Minimum DD
• AUSMAT (SACEi) : Minimum ATAR 60
• Canadian Pre-University (CPU): Minimum average of 60% in 6 subjects
• International Baccalaureate (IB): Minimum of 24 points for 6 subjects
• Monash University Foundation Year (MUFY): Overall 50% 
• Other Equivalent Qualifications:

1. Pass Business Foundation from any other HEI
2. HSC (Yr 12), New South Wales with min. average 60% in 5 subjects
3. Pass MOHE Matriculation with a CGPA of 2.00
4. Pass Foundation (in other fields) from other institutions recognised by MoHE
5. Pass DIB or Diploma in other fields from other institutions recognised by MoHE
6. Application via APEL A is allowed
7. Other equivalent qualifications recognised by the Malaysian Government

English Requirements:

• MUET/ IELTS/ TOEFL/ UEC: Pass English
• Taylor's EET: Overall Score 5.0
• Cambridge English/ELS also recognised; the minimum score varies by programme
• Taylor's IEN: Level 2 - Grade C
• Pre-U/ Diploma: Completed Pre-U/ Diploma that was conducted in English

Note: For international students qualification not conducted in English are required to achieve a minimum score of 6.0 for IELTS (May join IEN preparatory course and achieve the IELTS score)

Year 1

• Programming
• Microeconomics*
• Calculus
• Probability Theory*
• Mathematics of Finance*
• Advanced Calculus
• Mathematical Statistics*
• Introduction to Accounting

Year 2

• Life Contingencies I*
• Applied Statistical Methods*
• Introduction to Finance
• Life Contingencies II*
• Corporate Finance*
• Fundamentals of Linear Algebra 
• Macroeconomics*
• Internship

Year 3

• Simulation and Credibility Theory
• Survival Models*
• Derivatives
• Stochastic Calculus for Financial Economics*
• Stochastic Processes*
• Risk Theory*
• Project
• Insurance Practices and Takaful

* Students are required to take the modules in order to obtain VEE credits from the Society of Actuaries (SOA), US.

University Core:

• Penghayatan Etika dan Peradaban / Bahasa Melayu Komunikasi 2
• Falsafah dan Isu Semasa
• Emotional Intelligence in Action
• Kursus Integriti Dan Antirasuah
• Social Innovation Project

Note:Students are requested to take Bahasa Kebangsaan A if they do not obtain a Credit for Bahasa Malaysia in SPM.