Actuarial Science
Study actuarial science in Malaysia — using maths and statistics to measure and manage risk — with English-taught degrees that carry valuable professional-exam exemptions.
5 universities
Studying Actuarial Science in Malaysia
Actuarial science uses mathematics, statistics and finance to measure and manage risk — in insurance, pensions, investments and increasingly in data and analytics. It's a respected, in-demand profession, and many Malaysian degrees carry a real advantage: exemptions from professional actuarial exams (such as the UK's IFoA and the US's SOA) that can shorten your path to qualifying.
It's a mathematically demanding field that rewards those who love working with numbers. YSTC will help you find a program with strong exemptions and plan the professional route.
For international students, the appeal is the combination of a globally relevant, English-taught qualification, real affordability, and a welcoming place to live and study. Whatever you'd like to study, YS Training & Consultancy can help you choose the right Actuarial Science program, confirm the current official fees, and apply with confidence — talk to us free to get started.
A note on the numbers: fees, rankings and intake dates change over time. We always confirm the current official figures with the university before you apply.
What you'll study
Actuarial science applies mathematics, statistics and finance to measure and manage risk — in insurance, pensions, investments and beyond. You'll study probability, financial mathematics, statistics, economics, and actuarial and financial models. A common advantage: many Malaysian degrees carry exemptions from professional actuarial exams set by bodies like the UK's Institute and Faculty of Actuaries (IFoA) and the US Society of Actuaries (SOA), which can shorten your route to qualification. Becoming a fully qualified actuary still means passing the remaining professional exams over several years.
Around 3 years for a bachelor's; professional exams continue alongside and after.
Careers & outcomes
- Actuary (after professional exams)
- Insurance, pensions and reinsurance roles
- Risk management and investment analysis
- Data and analytics roles
- Roles in finance, consulting and beyond
Qualified actuaries are in demand and the work is well regarded, but the path requires passing professional exams (alongside and after the degree) — which can take several years. Strong maths is essential. YSTC will help you find a program with good exemptions.
Entry requirements
Entry requirements
- A recognised pre-university qualification (STPM, A-Levels, foundation, matriculation, diploma, or equivalent)
- Meet the minimum subject grades set by your chosen university
- Meet the English language requirement for your chosen course
- A foundation or pathway route is available if you don't yet meet direct-entry requirements
English requirement
Most programs ask for IELTS (commonly around 6.0) or an accepted equivalent, with the exact band set by each university. English and foundation pathways are available if you're not there yet. YSTC will confirm what your chosen course needs.
How YSTC helps you apply
From choosing the right course to your offer letter and student visa, we guide you through every step — and getting started is completely free.
Indicative fees
Fees vary by university and intake. We confirm the exact current official fee for your chosen course before you commit — for free.
Fees vary by university and intake — we confirm current fees with you for free.
Universities offering this in Malaysia
These universities in our database offer this field. We'll help you compare them and pick the right fit — free.
Asia Pacific University of Technology & Innovation (APU)
Kuala Lumpur, Wilayah Persekutuan (Federal Territory)
Heriot-Watt University Malaysia
Putrajaya, Federal Territory (Wilayah Persekutuan)
Quest International University (QIU)
Ipoh, Perak
Sunway University
Bandar Sunway, Selangor
Universiti Tunku Abdul Rahman (UTAR)
Kampar and Kajang, Perak and Selangor
View profileWhy study this in Malaysia
Professional-exam exemptions
Many Malaysian actuarial degrees carry exemptions from IFoA and SOA professional exams, which can accelerate qualification — the number varies by program.
In-demand expertise
Qualified actuaries are valued for their risk and analytical skills across insurance, finance and beyond.
Affordable and English-taught
A globally relevant, exemption-bearing qualification, generally more affordable than studying in the UK, US or Australia.
Beyond insurance
Actuarial skills increasingly apply to data, analytics and broader finance.
Related fields
Frequently asked questions
What are exam exemptions and why do they matter?
Becoming a qualified actuary requires passing professional exams (e.g. IFoA, SOA). Many Malaysian degrees exempt you from some of these, saving you time and cost on the path to qualification. The number varies by program — YSTC will help you pick one with strong exemptions.
Do I need to be very good at maths?
Yes — actuarial science is mathematically demanding, built on probability, statistics and financial maths. If you enjoy and excel at maths, it's a rewarding, high-value path. YSTC will check your fit and eligibility.
What are the entry requirements?
Strong maths at pre-university level and the English requirement; foundation routes are available. YSTC will check your eligibility for free.
Which universities in Malaysia offer Actuarial Science?
Several Malaysian universities offer Actuarial Science — the "Universities offering this" section on this page lists the ones in our database. YSTC will help you shortlist the best fit for your grades, budget and goals, completely free.
How much does it cost to study Actuarial Science in Malaysia?
Tuition depends on the university and intake, and fees change over time, so we don't want to quote an out-of-date figure. Studying in Malaysia is generally far more affordable than in the UK, US or Australia. Your free YSTC consultation includes a clear, current cost estimate for your shortlist, plus a realistic living-cost budget.
Are there scholarships for Actuarial Science in Malaysia?
Scholarship and tuition-award availability changes each intake and by university. The best move is a free YSTC consultation, where we'll check what you might qualify for and help you apply at no cost — rather than relying on outdated information.
Can YSTC help me apply for Actuarial Science in Malaysia?
Yes — and getting started is completely free. We'll help you choose the right university and course, prepare and submit your application and documents, confirm current fees, and manage your Malaysian Student Pass (visa) via EMGS from start to finish.
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