BSc (Hons) Actuarial Science

Duration:3 years


Campus:Heriot - Watt University Malaysia

Level of Study:Degree

Course Code:KPT/JPS (R/462/6/008) (FA4167) 06/24

About this course

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.

This programme is one of the few in Malaysia which are fully accredited by the UK Institute and Faculty of Actuaries (IFoA). Good performance means exemptions from the Core Principles subjects (CS1, CS2, CM1, CM2, CB1, CB2), giving prospective actuaries an advantage over those in other mathematics-based programmes. The degree is also accredited by the Royal Statistical Society and by the Malaysian Qualifications Agency (MQA).

Total Course Fees

Annual Tuition Fee
RM43,920 (Malaysian)
RM49,920 (International)

For scholarship enquiries please e-mail for more details.

Subject Listing

• Probability and Statistics A & B

• Linear Algebra

• Actuarial and Financial Mathematics A & B

• Multivariable Calculus and Real Analysis A & B


Optional and elective courses available for Year 1 include:

• Finance and Financial Reporting

• Operations Management

• Life Insurance Mathematics A & B

• Stochastic Processes

• Survival Models

• Derivative Markets and Discrete-time Finance

• Statistical Models A & B

• Portfolio Theory & Asset Models

Students typically take Introductory Economics, Continuous-time Finance, Risk Theory and Time Series Analysis, and can choose from a range of options such as Statistics for Social Science, Bayesian Inference and Computational Methods, Statistical Machine Learning and Optimisation.

Entry RequirementsApplicants must have one of the following Entry requirements:

Heriot-Watt University Malaysia Foundation in Science: ABBC – A in Mathematics, B in Physics, B in Chemistry, C in Academic English/Study Skills

Heriot-Watt University Malaysia Foundation in Business: ABBC – A in Mathematics, B in Accountancy and Finance, B in Business Management, C in Academic English/Study Skills

    • A-Level/STPM: ABB including A in Mathematics
    • UEC: 6A including A1 in Mathematics and Advanced Mathematics
    • WACE/SACE: ATAR 90
    • SMA 3 (Indonesia): 8
    • IB Diploma: 28 points (Minimum 6 in HL Mathematics)
    • Diploma with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.
    • Any other relevant qualification with high level of attainment in mathematics recognised by the Malaysian Government, acceptable to the University.

English language requirements:

  • If English is not your first language, then evidence of proficiency equivalent to IELTS 6.5 is required.If you do not have IELTS 6.5, we offer a Pre-Sessional English Programme (PSEP) prior to commencing your studies.

Apply Course - Heriot-Watt University