Master of Science in Actuarial Science

About the course

MSc in actuarial science applying quantitative methods to financial risk. Develops modelling and analytical skills relevant to insurance, pensions, and risk management contexts. The Master of Science in Actuarial Science (Masters) curriculum develops core academic skills, critical thinking, and discipline-specific foundations needed for progression into higher-level university study.

Career outcome

Prepares for actuarial and risk analyst pathways in insurance and finance. Graduates may work in pricing, reserving, enterprise risk, or analytics teams. Graduates can progress to further degree pathways and entry-level opportunities connected to Accounting & Finance, including roles that value analytical thinking, communication, and digital competency.

Living Costs in Kuala Lumpur**

Restaurant (Meal, Inexpensive Restaurant) RM 10 - 14	Rent per Month (1 bedroom in City Centre) RM 1,876 - 2,481	Rent per Month (1 bedroom Outside of Centre) RM 1,086 - 1,436
Transportation (Daily) RM 5 - 6	Utilities per Month (Electricity, Mobile & Internet) RM 294 - 388

Average Salary***

*Source: QS World University Subjects Rankings (2026)

**Source: numbeo.com

***Source: PayScale.com (2026)