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Science · Master's

Master of Science (Actuarial Management) Structure C

UCSI University

Program overview

The Master of Science (Actuarial Management) Structure C at UCSI University is designed to offer a comprehensive educational pathway for individuals looking to transition into the actuarial profession. Following the successful accreditation of its undergraduate Actuarial Science programs, this master's degree elevates UCSI's offerings in Actuarial Studies to the graduate education level, covering all topics related to the first four CAS/SOA exams.

This postgraduate program emphasizes the theoretical fundamentals of the discipline, with Structure C specifically tailored for professionals such as mathematics teachers, engineers, or economists who wish to make a mid-career switch into actuarial science.

Coursework under Structure C equips students with essential technical knowledge to pursue Society of Actuaries exams up to the associate level. Additionally, it provides vital management insights needed for technologists aiming to advance in their corporate careers, ensuring that graduates are well-prepared for both technical and managerial roles in the actuarial field.

Entry Requirements

  • A Bachelor’s degree with minimum CGPA of 2.50 out of 4.00 or its equivalent qualifications as accepted by the HEP Senate

For other qualifications and certificates (e.g.,Other qualifications equivalent to a Bachelor’s degree , etc..) please contact our educational consultants or submit your application for Admission assessment.

Future Careers

  • Insurance and reinsurance companies
  • Banking and finance
  • Consulting firms
  • Service firms
  • Government agencies
  • Universities and educational institutions

Curriculum

Show full curriculum

Structure C – Coursework

Semester 1 (12 credit hours)

  • Probability and Statistical Method
  • Research Methods for Business and Management
  • Life Contingency
  • Actuarial Models

Semester 2 (12 credit hours)

  • Empirical Modelling for Actuary
  • Insurance Business Practices
  • Stochastic Process for Financial Economic
  • Empirical Workshop

Semester 3 (17 credit hours)

  • Elective 1
  • Elective 2
  • Elective 3
  • Research Project

Electives

  • GD 401 Quantitative Equity Portfolio Management
  • GD 506 Stochastic Process for Financial Economic
  • GD 403 Asset Liability management
  • GM 502 Marketing Management
  • GM 524 Ethics and Corporate Social Responsibility
  • GM 512 Business Policy and Strategic Management

Available scholarships

  • International Student Tuition Fee Rebate

    Up to 20% coverage

    Up to 20% Tuition Fee Reduction: Students may Submit a request to apply for the discount Upon arrival in Malaysia, and following the completion of the registration process.

Entry requirements

Master's: a bachelor's degree in a related field.

Typically IELTS 6 or equivalent (TOEFL / PTE). Some universities offer a preparatory English program if you haven't reached the score yet.

Exact requirements vary by program, and an English certificate such as IELTS or an equivalent may be required.

Career opportunities

  • Research scientist
  • Lab specialist
  • Quality analyst
  • Biotechnologist

Is this program right for you?

Send us your qualifications and we'll confirm your eligibility and next steps during your consultation.

No commitment required