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Course Overview

This programme provides a comprehensive approach to actuarial science, combining traditional actuarial practice with advanced data analytics, and offers exemptions from 7 professional actuarial exams by the IFOA (UK).

Achievement

APU is the first university in Asia to provide exemptions from CP1, CP2, and CP3 via the MSc in Actuarial Science programme.

Curriculum

• Year 1, Semester 1 (YR1 SEM1):
  • Actuarial Practice
  • Data Analytics for Actuaries
  • Risk Modelling
  • Mathematical Methods in Actuarial Science
• Year 1, Semester 2 (YR1 SEM2):
  • Financial Mathematics
  • Actuarial Statistics
  • Insurance and Pension Systems
  • Actuarial Project

Entry Requirements

• Bachelor’s degree in related fields with a minimum CGPA of 2.50, or its equivalent qualification as accepted by the Senate.
• Bachelor’s degree in related fields with a minimum CGPA of 2.00 and not meeting a CGPA of 2.50 can be accepted, subject to a rigorous internal assessment.

English Requirements

• International Students = Band 5.0 in IELTS

Career Prospects

Graduates of this programme can pursue careers in:

• Actuary
• Data Analyst
• Risk Analyst
• Data Scientist
• Financial Analyst
• Investment & Portfolio Manager
• Statistician
• Professor