The Bachelor of Science (Honours) in Actuarial Studies is designed to prepare students for careers in actuarial science, insurance, risk management, finance, pensions, investment, and analytics. The programme develops strong mathematical, statistical, analytical, financial, and problem-solving skills required by the actuarial profession.

The curriculum is fully aligned with the professional requirements of the Institute and Faculty of Actuaries (IFoA), UK, the Society of Actuaries (SOA), USA, and the Casualty Actuarial Society (CAS), USA. APU's programme has full IFoA accreditation and provides graduates with eligibility for block exemptions from several professional examinations, making it one of the strongest actuarial programmes in Asia. Students also benefit from experienced actuarial academics, practical projects, professional development, and a compulsory industrial internship.

Subjects / Topics Offered or Programme Structure

Degree Level 1

• Calculus
• Linear Algebra
• Probability
• Statistics
• Economics
• Financial Mathematics
• Business Communication
• Information Technology
• Accounting
• Introduction to Finance

Degree Level 2

• Survival Models
• Financial Economics
• Actuarial Mathematics
• Risk Modelling
• Statistical Modelling
• Regression Analysis
• Time Series Analysis
• Investment Mathematics
• Stochastic Processes
• Data Analysis

Industrial Internship

• Compulsory Industrial Training

Degree Level 3

• General Insurance
• Life Insurance Mathematics
• Pension Mathematics
• Enterprise Risk Management
• Advanced Statistical Techniques
• Predictive Analytics
• Professional Practice
• Research Project

Disciplines or Specialisations Offered

Students develop expertise in:

• Actuarial Science
• Financial Mathematics
• Probability Theory
• Statistics
• Risk Management
• Insurance Mathematics
• Pension Modelling
• Investment Analysis
• Financial Economics
• Predictive Analytics
• Statistical Modelling
• Enterprise Risk Management
• Data Analysis
• Quantitative Finance

Highlights

• Ranked among the Top 2% of universities worldwide.
• Malaysia's Premier Digital Tech University.
• Optional APU–DMU Dual Degree Scheme.
• Full accreditation by the Institute and Faculty of Actuaries (IFoA), UK.
• Recognised by the Society of Actuaries (SOA), USA.
• Recognised by the Casualty Actuarial Society (CAS), USA.
• One of Asia's leading actuarial programmes with extensive professional recognition.
• Eligible for IFoA block exemptions in CS1, CS2, CM1, CM2, CB1 and CB2 (subject to achieving the required academic standard).
• Employers' Top Choice for Actuarial Science (TalentBank).
• Strong mathematical and analytical curriculum.
• Compulsory Industrial Internship.
• Students from over 130 countries.
• Excellent graduate employability.

Career Outcomes

Graduates may pursue careers such as:

• Actuarial Analyst
• Actuary (after professional qualification)
• Risk Analyst
• Pricing Analyst
• Investment Analyst
• Insurance Analyst
• Pension Consultant
• Enterprise Risk Consultant
• Financial Risk Manager
• Quantitative Analyst
• Data Analyst
• Financial Modeller
• Business Analyst
• Reinsurance Analyst
• Investment Consultant

Latest Updates or Special Requirement (if any)

• Current published intakes are 28 September 2026 and 24 November 2026.
• The programme has full IFoA accreditation.
• Recognised by the SOA (USA) and CAS (USA).
• Students achieving an average of 65% or above may qualify for IFoA block exemptions from CS1, CS2, CM1, CM2, CB1 and CB2, subject to IFoA policies.
• Students progressing from APU Foundation must complete Further Mathematics before entering the programme.
• Eligible students may graduate under the APU–DMU Dual Degree Scheme.

Visa Requirements

International students must obtain a Malaysian Student Pass (Student Visa) before commencing their studies.

Typical requirements include:

• Valid passport.
• Official APU Offer Letter.
• Acceptance of the admission offer.
• Student Pass application through Education Malaysia Global Services (EMGS).
• Academic transcripts and certificates.
• Proof of English language proficiency.
• Medical examination before and/or after arrival as required by Malaysian authorities.
• Passport-sized photographs.
• Valid medical insurance.
• Payment of applicable Student Pass and visa processing fees.