Program Details

/Program Details
Program Details 2018-04-20T11:15:13+00:00

Master of Science (Science Actuary)

PROGRAM DETAILS

Programme Code: S306
Medium of instructions: English
Programme Option: Mixed Mode

Background of the Programme

Master of Actuarial Science Programme aims to provide guidance and develop skills so that students will be more competent and confident in Actuarial Science by using an integrated approach. This approach will enable students to better understand the decision-making process and the factors that influence the decision-making process. Indirectly, it can give input in assessing existing processes towards better Actuarial Science. The  programme is offered in Faculty Science and Technology (FST) with duration of three to six semesters inclusive of 22 credit hours for coursework and 21 credit hours for thesis.


Objectives of the Programme

The following are the objectives of this programme:

  1. Have knowledge in Actuarial Science and Risk Management for the sake of strengthening Islamic education. (LO1)
  2. Have the technical skills and be able to think critically and solve complex problems in multi-language communication in a scientific and logical. (LO2, MLO3, LO4)
  3. Having a good leadership and competent and have a strong personality in fulfilling social responsibility. (LO5, LO7, LO9)
  4. Ability to manage information systems competitively in order to assist countries in dealing with the affairs of Islamic finance, trade, investment, takaful, international marketing and globalization. (LO6, LO8)
  5. Has the entrepreneurial and able to contribute in the field of science and mathematics in order to improve the economic status of Muslims at the national level. (LO8)

 

ENGLISH PLACEMENT TEST

Applicants are COMPULSORY to obtain a score of at least 510 in TOEFL (paper based) or 180 in TOEFL (computer based) or 64 in TOEFL (internet based) or Band 5 in IELTS or Band 3 in MUET as summarize in the following table:

 

Degree from Local Higher Institutions*

 

UEPT

MUET

IELTS

TOEFL

PBT

(Paper Based Test)

CPT

(Computer Based Test)

IBT

(Internet Based Test)

3

3

5.0

510

180

64

 

Applicants who do not meet one of the above requirements are required to take an English Placement Test and must have at least Band 3 before registration.

 

ARABIC COURSE

Applicants are required to take an Arabic language course as a prerequisite of a postgraduate programme at USIM. The course, however, is not counted as part of the student's academic grade.

Applicants can be exempted from the Arabic language course if they can prove satisfactory Arabic language proficiency or submit proof of language proficiency together with the application form.

  1. A relevant bachelor degree with honours with a CGPA of 2.75 and above from USIM;
    or
  2. A relevant bachelor degree with honours recognised by the Senate with achievements as follows:
    (a) Jayyid, or
    (b) CGPA of 2.75/4.00 and above, or
    (c) CGPA of 3.50/5.00 and above, or
    (d) overall marks of 60% and above;

    or
  3. A relevant bachelor degree from USIM or any other institutions of higher learning recognised by the Senate with the following grades AND at least five (5) years of relevant work experience after the degree:
    (a) Makbul, or
    (b) CGPA less than 2.75/4.00 but more than 2.50/4.00, or
    (c) CGPA less than 3.50/5.00 but more than 3.00/5.00, or
    (d) overall marks less than 60% but more than 50%;

    or
  4. Other qualifications equivalent to a bachelor degree with honours AND relevant professional work experience;
    or
  5. A relevant advanced diploma with CGPA 2.75/4.00 and above from institutions of higher learning recognised by the Senate AND with at least five (5) years of relevant work experience;
    or
  6. A relevant advanced diploma with CGPA 2.50/4.00 and above from institutions of higher learning recognised by the Senate AND with at least ten (10) years of  relevant work experience.

MASTERS PROGRAMME FEES (MIXED MODE)

PROGRAMMES
 
MALAYSIAN
STUDENT
INTERNATIONAL
STUDENT
FULL TIME
PART TIME
FULL TIME
Master of Science (Food Biotechnology)RM8,571.00RM8,518.00RM15,442.50
Master of Computer Science (Information Security And Assurance)RM8,721.00RM8,668.00RM15,742.50
Master of Science (Financial Mathematics)RM8,721.00RM8,668.00RM15,742.50
Master of Science (Risk Management)RM8,721.00RM8,668.00RM15,742.50
Master of Science (Science Actuary)RM8,721.00RM8,668.00RM15,742.50
* USIM reserves the right to make any amendments without prior notice
** Fees and charges above are based on full study packages according to minimum period of study
*** Delayed dissertation submission: RM 100.00
**** Certain amount will be charged for dissertation examination and re-examination

Health Requirement

The university has the right to withdraw this offer or to terminate you from your study if you are found to suffer from or to be a carrier of contagious/infectious diseases, or to suffer from a medical condition requiring continuous medical care that will adversely affect your study at USIM.

(1)   Communicable Disease

 

Type of Disease / Problem Example

Example

1

  • Contagious
  • Difficult and require prolonged treatment
  • Expensive treatment
  • HIV / AIDS
  • Hepatitis B
  • Hepatitis C

2

  • Infectious
  • Treatable within certain period of time.
  • Tuberculosis

 

3

  • Infectious
  • Treatable within short period of time.
  • Malaria
  • Typhoid
  • Syphilis (VDRL)

4

  • Communicable Disease defined as epidemic by MOH
  • Japanese encephalitis,
  • SARS
  • Avian flu

 

(2)   Chronic Non-communicable Disease

 

Type of Disease / Problem

Example

1

  • Condition that can endanger to himself or others.
  • Recurring repeatedly and affecting his study

 

  • Epilepsy
  • Schizophrenia

 

2

  • Expected to be prolonged.
  • Obvious and serious symptoms.
  • Prolong treatment schedule.
  • Dialysis
  • Cancer

 

3
  • Addiction or drug abuse as stated in AUKU or Malaysian Law.
  • Drugs
  • Drugs

4

  • Continuous medication.
  • No serious symptoms.
  • Treatment does not affect study.
  • Hypertension
  • Diabetes Melitus

Applicants can apply via online at https://ipps.usim.edu.my/ and fill the prescribed forms. Forms and supporting authenticated documents must then be submitted through online or mailed to the office.

For information related to visa and student pass, please refer to http://alamiyyah.usim.edu.my

Contact Us

Center for Graduate Studies
Universiti Sains Islam Malaysia
Bandar Baru Nilai
71800, Nilai, Negeri Sembilan
MALAYSIA

Phone: +606-797 8640/8639
Fax: +606-797 8634
Email: cgs@usim.edu.my

Website: http://cgs.usim.edu.my

Counter Operating Hours

CGS counter operating hours are as follows:

Monday to Thursday:
    9.00am - 12.30pm
    2.30pm - 4.30pm

Friday:
    8.30am - 11.30am

Saturday, Sunday & Public Holidays:
    Closed