Actuarial Science Program

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 4 Years
Mode On Campus
Level Undergraduate
Degree Bachelors Degree
Closing soon January 2027

Course Overview

The Actuarial Science Program at INTI International College Penang is designed for aspiring professionals eager to master the quantitative techniques essential for risk management and financial decision-making. You will delve into the core principles of mathematics, statistics, and finance, developing the analytical acumen required to assess and mitigate financial risks across various industries. This undergraduate Bachelors Degree programme provides a robust foundation in actuarial science, preparing you for a challenging and rewarding career path that demands precision, foresight, and a deep understanding of probability and financial modelling.

This full-time, on-campus programme is structured over four years, offering a comprehensive curriculum that includes essential subjects like Calculus, Mathematical Statistics, and Financial Management, alongside General Education Requirements. You will be guided through the rigorous process of preparing for professional actuarial examinations, a critical step towards becoming a Certified Actuary with bodies like the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS). Upon graduation, you will be well-positioned to pursue roles in insurance, finance, and consulting, equipped with the specialized knowledge and examination success valued by employers.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This program provides a foundational understanding of actuarial science through a comprehensive curriculum. Students will explore essential business principles, including communication, law, financial management, accounting, and marketing. Mathematical and statistical competencies are developed through calculus, linear algebra, and mathematical statistics, alongside introductory microeconomics and macroeconomics. The program also incorporates a broad range of general education electives in the humanities, fine arts, natural sciences, and social sciences to foster well-rounded analytical skills.

1 Freshman (Year 1) at INTI

Business Communication
Business Law
Calculus with Analytic Geometry 1, 2 & 3
English Composition 1 & 2
Essentials of Public Speaking
Fine Arts Electives
Financial Management
Humanities Electives
Introduction to Computers
Introduction to Linear Algebra
Introduction to Microeconomics
Introduction to Macroeconomics
Mathematical Statistics
Natural Sciences Electives
Principles of Accounting 1 & 2
Principles of Marketing
Social Science Electives

2 Sophomore (Year 2) at INTI

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 3,084.00
Second Year Fee Tuition fee
USD 3,084.00
Third Year Fee Tuition fee
USD 3,084.00
Fourth Year Fee Tuition fee
USD 3,084.00
Total Program Cost Estimated total tuition
USD 12,339.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 90.00 - USD 384.00
Food & Groceries USD 906.00 - USD 2,114.00
Transport USD 151.00 - USD 453.00
Utilities & Bills USD 242.00 - USD 604.00
Estimated Total USD 1,299.00 - USD 3,171.00

Living cost estimates are based on Penryn Campus.

Outcomes & Employability

What happens after you graduate

97%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Banking & Financial ServicesBroadband & Internet ServicesCybersecurityCybersecurity & Network SecurityHardware & Semiconductor EngineeringIT Support & Systems AdministrationRegulatory & Government AffairsRoad Transport & LogisticsSoftware Development & EngineeringTelecom Software & Systems

Top Employers Hiring for this course

Accenture

Deloitte

HSBC

IBM

Oversea-Chinese Banking Corporation (OCBC) Bank

UOB

Why Study Actuarial Science Program at INTI International College Penang

What makes this program stand out

January 2027 Closing soon

Next intake is in January 2027

Life at INTI International College Penang in Malaysia

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Actuarial Science Program at INTI International College Penang

Can I work while studying?

International students at INTI can work up to 20 hours per week during breaks in Malaysia, but cannot work during term time. A work permit is needed, and employment is limited to specific sectors.

What English language score do I need for this course?

For admission, you need an IELTS score with a minimum of 5.5 in listening, reading, speaking, and writing, and an overall score of 5.5. Ensure you meet these requirements to qualify for the program.

What jobs can I get after studying this course?

Graduates can pursue various roles such as Actuary, Risk Analyst, Insurance Underwriter, Data Analyst, and Financial Consultant.

What will I actually study in this course?

Outstanding students from INTI have received scholarships from institutions such as Drake University and the University of Nebraska-Lincoln. Additionally, joining the Malaysian Insurance Institute grants students special privileges and resources.

When can I start — what are the intake months?

The Actuarial Science Program has three intake months: January, May, and August. Make sure to apply during these times to secure your place in the program.
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