FACULTY OF SCIENCE & TECHNOLOGY
Undergraduates
Actuarial Science Programme
Actuary is a professional who uses mathematical and statistical methods to assess risks in insurance, finance, and other industries and professions. UKM’s Actuarial Science program was first offered in 1988, being the first program in Malaysia to offer a Bachelor’s Degree in Actuarial Science. This program offers several basic courses for students to sit for specialised exams recognised by overseas specialised bodies.
Major Courses
Year 1
- Basic Economics I
- Calculus I
- Basic Economics II
- Calculus II
- Introduction to Data and Probability
- Linear Algebra
Year 2
- Basic Accounting and Finance
- Mathematics Statistics
- Mathematics of Finance
- Basic Accounting and Finance
- Actuarial Mathematics I
- Mathematics Statistics
Year 3
- Investment Analysis and Portfolio Management I
- Statistical Modelling
- Numerical Methods
- Investment Analysis and Portfolio Management II
- Final Year Research Project I
- Actuarial Mathematics II
- Survival Model
- Issues in Actuarial Science
Year 4
- Actuarial Control and Planning
- Risk Theory
- Stochastic Process in Actuarial Science
- Final Year Research Project II
- Industrial Training
Career Prospects
- Appointed actuary
- Risk and financial manager
- Actuarial consultant
- Price analyst of insurance, investment, retirement and other financial products
Core lecturers
Prof. Dr. Noriszura Ismail
Actuarial Modelling, Statistical Modelling, Risk Management (ni@ukm.edu.my)
Prof. Dr. Zaidi Isa
Risk Modelling, Applied Statistics in Economics and Finance (zaidiisa@ukm.edu.my)
Assoc. Prof. Dr. Saiful Hafizah Jaaman
Portfolio Optimization, Modelling of Investment Strategies, Finance
(shj@ukm.edu.my)
Dr. Humaida Banu Samsudin
Risk Management and Insurance (humaida@ukm.edu.my)
Dr. Munira Ismail
Quantitative Finance and Investment (munira@ukm.edu.my)
Dr. Rozita Ramli
Actuarial modeling with GLM, Reserving, Non-parametric survival modeling (itaramli@ukm.edu.my)
Dr. Siti Norafidah Mohd Ramli
Jump Diffusion Process, Copula Modelling (rafidah@ukm.edu.my)
Dr. Saiful Izzuan Hussain
Finance, Investment and Risk Modelling
(sih@ukm.edu.my)
Dr. Nur Firyal Roslan
Actuarial Science, Finance, Text/Data Mining (nurfiryal@ukm.edu.my)
Dr. Razik Ridzuan Mohd Tajuddin
Actuarial and Statistical Modelling (rrmt@ukm.edu.my)
Puan Noriza Majid
Actuarial Modelling (nm@ukm.edu.my)
Entry requirements
General requirement:
- Complete 12 years of Primary and High School education; and
- Obtain High School (e.g. Higher Secondary Certificate, Senior Secondary School Graduation Certificate, Tawjihiyah, Ijazah Sekolah Menengah Atas, High School Diploma); and
- Meet minimum English requirement set by faculty; and
- Pass UKM interview (if required) ; and
- Meet faculty specific requirement;
Specific programme requirement:
