Program Overview
Program Overview
The Sains Actuari program at Universiti Kebangsaan Malaysia (UKM) is a professional degree that utilizes mathematical and statistical methods to assess insurance, financial, and industrial risks. The program was first introduced in 1988 and is the first of its kind in Malaysia to offer a Bachelor's degree in Actuarial Science.
Program Structure
The program offers several core courses that prepare students for professional certification exams recognized by international bodies. The curriculum is divided into four years, with the following courses:
Year 1
- Basic Economics I
- Calculus I
- Basic Economics II
- Calculus II
- Introduction to Data and Probability
- Linear Algebra
Year 2
- Fundamentals of Accounting and Finance
- Mathematical Statistics
- Financial Mathematics
- Fundamentals of Accounting and Finance
- Actuarial Mathematics I
- Statistical Techniques
Year 3
- Investment Analysis and Portfolio Management I
- Statistical Modeling
- Numerical Methods
- Investment Analysis and Portfolio Management II
- Final Year I Research Project
- Actuarial Mathematics II
- Survival Model
- Actuarial Science issues
Year 4
- Actuarial Planning and Control
- Risk Theory
- Stochastic Processes In Actuarial Science
- Final Year Research Project II
- Industrial Training
Faculty Members
The program is taught by a team of experienced faculty members, including:
- Prof. Dr. Noriszura Ismail (Actuarial Modeling, Statistical Modeling, Risk Management)
- Prof. Dr. Zaidi Isa (Risk Modelling, Applied Statistics in Economics and Finance)
- Prof. Associate Dr. Saiful Hafizah Jaaman (Portfolio Optimization, Investment Strategy Modeling, Finance)
- Dr. Humaida Banu Samsudin (Risk and Insurance Management)
- Dr. Munira Ismail (Quantitative Finance and Investments)
- Dr. Rozita Ramli (Actuarial modeling using GLM, Reserve analysis, Non-parametric survival model)
- Dr. Siti Norafidah Mohd Ramli (Leap Diffusion Process, Copula Modeling)
- Dr. Saiful Izzuan Hussain (Financial, Investment and Risk Modeling)
- Dr. Nur Firyal Roslan (Actuarial Science, Finance, Data/Text Mining)
- Dr. Razik Ridzuan Mohd Tajuddin (Actuarial and Statistical Modeling)
- Mrs. Noriza Majid (Actuarial Modeling)
Admission Requirements
To be eligible for the program, applicants must meet the following requirements:
- Complete 12 years of primary and secondary education
- Graduate from secondary school (e.g., High School Certificate, Certificate of Completion of Senior Secondary Education, Tawjihiyah, High School Diploma, High School Diploma)
- Meet the minimum English language requirements set by the faculty
- Pass the UKM entrance interview (if required)
- Meet the specific requirements of the faculty
The program also has specific requirements for different categories of applicants, including:
- Local students (STPM/Matriculation/Diploma)
- Local students (Apple A)
- International students
- Students with disabilities