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Students pursuing a Bachelor of Actuarial Science Course Subjects such as differential calculus, probability, statistics, economics, finance, and computer science. The curriculum is designed to equip students with the quantitative skills and knowledge necessary to analyze and manage financial risks, as well as to pass the rigorous professional exams required to become fully qualified actuaries.
Wide range of career opportunities: Actuarial Science opens up access to various career opportunities in different industries such as insurance, financial investments, consulting, and even in areas of health and retirement.
Valuable skills: You learn high-demand analytical skills such as mathematics, statistics, quantitative analysis, which help you understand and assess financial risks accurately.
Possibility of obtaining professional certifications: After graduation, you can continue to develop your skills and improve your career prospects by passing recognized professional certification exams in the field of Actuarial Science.
Lucrative salary prospects: Due to the analytical nature and demand for the specialization, actuaries can expect good salaries and opportunities for professional advancement.
Positive impact: Your work as an actuary can have a positive impact on society by providing accurate analysis and reliable estimates of financial risks, thus contributing to strategic decision-making and effective risk management in areas such as insurance and investment.
Difficulty in examinations: Working as an actuary requires passing a series of challenging professional exams, which can be a hurdle for some individuals.
Length of study: Obtaining professional certifications like fellowship might require significant time and effort, leading to delays in entering the job market.
Technical and mathematical nature: The specialization may not be suitable for individuals who do not enjoy mathematical or analytical work.
Competitiveness: Job markets in which actuaries compete can be highly competitive, especially in large corporations or global financial centers.
Ethical challenges: Actuaries may face ethical challenges at times, especially when dealing with sensitive information or making decisions that impact individuals and institutions.
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UCSI University is one of the top 300 universities worldwide according to the QS ranking. It was established in 1986 and currently has over 10,000 students from various countries around the world. The university has three campuses located in different parts of Malaysia, namely in Kuala Lumpur, Terengganu, and Sarawak.