LEVEL 1

Equipping students with essential fundamentals of Mathematics, Statistics, Economics and Finance starts at Level 1. To complement the core knowledge, the students will also learn Business, Communication, and IT skills, before progressing to the Level 2 of Actuarial Science study.

Modules

• Probability Models
• Linear Algebra
• Business and Communication Skills
• Calculus
• Financial Accounting
• Microeconomics
• Macroeconomic
• Introduction to Visual Programming
• Advanced Probability Models
• Statistics

LEVEL 2

The core knowledge of Mathematics and Statistics now act as engine to drive the complex models of Economics and Finance in the actuarial industries. Those core knowledge are integrated to form actuarial tools and infrastructure, ready to be used for planning and managing purposes. Students will receive exposure and coaching which are actuarial centric, targeting at industrial applications. They are gradually groomed to be more independent in their study and research efforts.

Common Modules

• Asset and Liability Valuations
• Financial Statement Analysis
• Predictive Analytics
• Financial Mathematics
• Calculus II
• Regression Analysis
• Financial Economics
• Financial Planning and Control
• Business Research Methods
• Financial Management
• Business Ethics & Governance
• Mathematics of Financial Derivatives
• Workplace Professional Communication Skills
• Employee & Employment Trends

INTERNSHIP (16 WEEKS)

At APU, we encourage our students to be entrepreneurial and innovative. After the completion of Level 2, students will undertake a short internship/industrial training of a minimum of 16 weeks. This will provide our students opportunities to engage with realworld business problems both in our programmes and in our renowned Professional Training placements.

LEVEL 3

The students are now ready to merge their knowledge and industrial experience to forge ahead and put into action their acquired skills in planning, managing and analyzing risk. At this level, emphasis is placed on evaluating financial performance of businesses from actuary’s perspectives. Students will have the opportunity to understand the critical roles played by actuaries, for example, in the development and pricing of insurance products. Risk Management, Actuarial Modeling and Ratemaking are some of a wide repertoire of skills to be used.

Common Modules

• Stochastic Processes
• Life Contigencies
• Strategic Management
• Corporate Finance
• Risk Theory
• Investigation in Actuarial Studies
• Option and Bond Valuations
• Survival Analysis
• Life Contingencies 2
• Actuarial Loss Models
• Project in Actuarial Studies

MQA Compulsory Subjects *

• Ethnic Relations (M’sian Students)
• Islamic & Asian Civilisation (M’sian Students)
• Malaysian Studies (Int’l Students)
• Malay Communication Language (Int’l Students)
• Co-Curriculum

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• Bachelor Of Science (Honours) In Actuarial Studies
• Bachelor Of Science
• Actuarial Studies