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Faculty of Science Handbook, Academic Session 2025/2026

Students who wish to take SIQ3007 are advised to have passed at least 110 credits of the
listed courses in the program.

** Minor package
(1) Students are required to complete a minimum of 18 credits under the same minor package
in order to be displayed on the transcript.

(2) For further information, students can refer to UMSItS Guide via this link:
https://umsitsguide.um.edu.my/

PROGRAM GOAL

To produce graduates with sound knowledge in the actuarial field through exploration in the
theoretical and application of mathematics, statistics, economics and finance, able to think
critically in problem solving as well as capable to increase competitiveness in the national and
international levels.

PROGRAM EDUCATIONAL OBJECTIVES

1. Graduates build professions related to actuarial science or related fields.
2. Graduates engage in lifelong learning and interdisciplinary learning in industry or
academic institutions based on actuarial science in industry.
3. Graduates contribute to the sustainable development and well-being of the community.

PROGRAM LEARNING OUTCOMES

At the end of the program, graduates with a Bachelor of Actuarial Science are able to:
1. Explain the principles and concepts of actuarial science, finance, economics, statistics and
mathematics;
2. Demonstrate the ability to apply actuarial, financial, economical, statistical and
mathematical knowledge critically and analytically in actuarial or related fields;
3. Apply the principles of actuarial science, finance, economics, statistics and mathematics
in solving real-world problems;
4. Communicate actuarial, financial, economical, statistical and mathematical concepts
effectively, confidently, accurately and coherently in written and oral forms;
5. Use a broad range of information, media and technology applications in solving
problems;
6. Work in teams and demonstrate leadership quality and a sense of responsibility in
achieving goals and outcomes;
7. Engage in lifelong learning to advance knowledge and applications of actuarial science,
finance, economics, statistics and mathematics;
8. Act professionally and ethically in the course of analysis and decision-making to solve
problems.

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