Actuarial Management
3 (1)
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Duration: 1 Years
$8,350
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What will you learn?
After the successful accreditation of its undergraduate Actuarial Science programmes, UCSI University is launching the MSc in Actuarial Management. This elevates UCSI’s offerings in the field of Actuarial Studies to the Graduate-Education level (curriculum covers all topics on the first four CAS/SOA exams and programmes leads to a Master’s degree).
As a post-graduate programme, the MSc in Actuarial Management will have more emphasis on the theoretical fundamentals of the disciples involved. In addition, this Master’s programme offers two structures (C or B) to meet the different needs of learners with a first degree in the quantitative discipline.Structure C
is ideal for professionals such as mathematics teachers, engineers or economists who want a mid-career switch to the actuarial profession. Structure C will equip them with the essential technical knowledge to pursue the Society of Actuaries exams up to associate level. In addition, it provides essential management know-hows for technicists to succeed in ascending the corporate ladder.
Actuarial Science is an interdisciplinary programme, so inevitably, graduates from such programmes could lack theoretical depth.
Structure B
is designed for those who already have a degree in or related to actuarial science and would like to boost their theoretical foundation and develop skills for research. It is ideal for those interested to venture into academia or a management role that conducts more rigorous investigative tasks.
Eligibility
Entry into MSc. (Actuarial Management) (Structure C – Coursework)
Bachelor’s degree
A Bachelor’s degree [Level 6, Malaysian Qualifications Framework (MQF)] or equivalent from related disciplines with minimum CGPA of 2.50, as accepted by Higher Education Provider (HEP) Senate; or
A Bachelor’s degree [Level 6, Malaysian Qualifications Framework (MQF)] or equivalent from related disciplines with CGPA below 2.50, or its equivalent qualification can be accepted, subject to a minimum of 5 years of working experience in relevant field; or
Other relevant qualifications as accepted by government Malaysia.
Entry into MSc. (Actuarial Management) (Structure B – Mixed Mode)
Bachelor’s degree
A Bachelor’s degree [Level 6, Malaysian Qualifications Framework (MQF)] or equivalent from related disciplines with minimum CGPA of 2.75, as accepted by Higher Education Provider (HEP) Senate; or
A Bachelor’s degree [Level 6, Malaysian Qualifications Framework (MQF)] or equivalent from related disciplines with CGPA at least 2.50 but below 2.75, or its equivalent qualification can be accepted, subject to the Higher Education Provider (HEP) rigorous internal assessment; or
A Bachelor’s degree [Level 6, Malaysian Qualifications Framework (MQF)] or equivalent from related disciplines with CGPA below 2.50 or its equivalent qualification can be accepted, subject to a minimum of 5 years of working experience in relevant field; or
Other relevant qualifications as accepted by government Malaysia
English Requirement:
Band 6.0 in IELTS, or a score of 213 (computer based) / 550 (written based) in TOEFL, or applicants holding a previous degree from a University where the medium of instruction is English, will be deemed to have fulfilled this criterion.
Core areas of emphasis
• Probability & Statistical Method • Research Methods for Business and Management • Life Contingency • Actuarial Models • Empirical Modelling for Actuary • Insurance Business Practices • Stochastic Process for Financial Economic • E
Career prospects
Learners will be equipped with both theoretical knowledge as well as the management skills required to succeed in the local and global fields of actuarial science. Graduates of the MSc in Actuarial Management can be employed as actuaries, risk managers, risk analysts and investment analysts among others, in key fields such as: • Insurance and reinsurance companies • Banking and finance • Consulting firms • Service firms • Government agencies • Universities and educational institutions
Tuition Fees
| Totally (USD) | Yearly (USD) |
|---|---|
| $ 8350 | $ 8350 |
Course Details:
Duration: 1 Year Intakes: January, May, September
Scholarships for Post-graduate studies:
UCSI University offers scholarships to deserving international students at UCSI University.
As the scholarships are limited and often based on merit, they are very competitive. All shortlisted applicants will be notified for an interview before the confirmation of the scholarship award.
Interested applicants can find out details of the scholarship criteria by downloading the international scholarship form.
Campus (Kuala Lumpur Campus)
No. 1, Jalan Menara Gading, UCSI Heights (Taman Connaught), Cheras, 56000 Kuala Lumpur, Malaysia