{"id":1277,"date":"2015-12-31T13:36:23","date_gmt":"2015-12-31T05:36:23","guid":{"rendered":"http:\/\/www.ukm.my\/ppsmfst\/?page_id=1277"},"modified":"2016-04-11T11:57:31","modified_gmt":"2016-04-11T03:57:31","slug":"actuarial-science-programme","status":"publish","type":"page","link":"http:\/\/www.ukm.my\/ppsmfst\/actuarial-science-programme\/","title":{"rendered":"Actuarial Science Programme"},"content":{"rendered":"
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INTRODUCTION<\/strong><\/p>\n

Actuarial science programme was started in 1988 under the Statistics Department, Centre\u00a0of Quantitative Studies. Currently the programme is placed under the School of\u00a0Mathematical Sciences, Faculty of Science and Technology.<\/p>\n

Students enroll in the actuarial science programme will receive a solid background in\u00a0actuarial science knowledge. Programme offers a variety of courses in mathematics,\u00a0statistics, computing and other basic sciences. In addition, the programme offers\u00a0fundamental syllabus for student to sit for professional exams acknowledged by the\u00a0professional bodies from overseas such as the Society of Actuaries (USA), the Casualty\u00a0Actuarial Society (CAS) and the Institute of Actuaries (UK). The programme prepares\u00a0graduates careers in actuarial, insurance, finance, management, banking and other\u00a0quantitative areas.<\/p>\n

Several courses offered by the Actuarial Science Programme in Universiti Kebangsaan\u00a0Malaysia such as STQS2234 Statistical Modelling, STQP1513 Fundamentals of\u00a0Economics I and STQP1523 Fundamentals of Economics II have been approved credits by\u00a0the Validation of Educational Experience (VEE) of the Society of Actuaries (USA), the\u00a0Casualty Actuarial Society (USA) and the Canadian Institute of Actuaries (Canada).<\/p>\n

\u00a0<\/p>\n

PROGRAMME EDUCATIONAL OBJECTIVES (PEO)<\/span><\/b><\/p>\n

The objective of the Actuarial Science Program is to produce graduates who are adept\u00a0with a sound and current knowledge of actuarial science, has national aspirations,\u00a0competent, competitive, innovative who champion and uphold the Malay language, as well\u00a0as proficient in English language to contribute in a variety of disciplines and drive the\u00a0national and global development.<\/p>\n

PEO1 \u00a0 To produce students with high caliber, ethics and competitive drive;<\/p>\n

PEO2 \u00a0 To equip students with the ability to translate and synthesize their understanding\u00a0on the world, mankind and development;<\/p>\n

PEO3 \u00a0 To equip students with the awareness on the environment and sustainable\u00a0development;<\/p>\n

PEO4 \u00a0 To equip students with the ability to use actuarial solution methods like analysis,\u00a0modeling, financial management and knowledge in tackling issues in insurance,\u00a0pensions, finance and investment.<\/p>\n

PEO5 \u00a0 To equip students with scientific approaches in generating and sharing knowledge\u00a0which is multidiscipline in nature; and<\/p>\n

PEO6 \u00a0 To equip students with high creativity and innovation drive and ability to create\u00a0ideas for policy making, decision making and development implementation.<\/p>\n

\u00a0<\/p>\n

PROGRAMME OUTCOMES (PO)<\/strong><\/p>\n

PO1 Able to understand and apply actuarial science knowledge in various aspects of\u00a0life.<\/p>\n

PO2 Having in-depth technical competence in actuarial science and able to undertake\u00a0problem identification, formulation and solution.<\/p>\n

PO3 Able to understand and evaluate the effects of problem solution on the society and\u00a0environment.<\/p>\n

PO4 Possess moral, ethical and professional values.<\/p>\n

PO5\u00a0Able to lead, work in a team and communicate effectively.<\/p>\n

PO6 Able to think critically and competence to conduct scientific problem solving tasks.<\/p>\n

PO7 Capable to generate and manage information and engaged in independent and\u00a0long-life learning.<\/p>\n

PO8 Possess managerial and entrepreneurial skills.<\/p>\n

\u00a0<\/p>\n

Actuarial Science Programme Structure<\/strong><\/p>\n<\/div>\n<\/div><\/div><\/div>

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LIST OF COURSES<\/strong><\/p>\n

School Courses Programme<\/strong>
STQP1013 Computer Programming
STQP1513 Basic Economics I
STQP1523 Basic Economics II
STQP2034 Numerical Methods
STQP2043 Operational Research
STQP2513 Introduction to Business Management
STQP2523 Introduction to Insurance and Takaful
STQP2533 Basic Accounting and Finance
STQP3063 History and Philosophy of\u00a0Mathematical Sciences<\/p>\n

Statistics Programme Compulsory Courses<\/strong>
STQS1114 Statistics I
STQS1124 Statistics II
STQS2234 Statistical Modelling<\/p>\n

\u00a0<\/p>\n

Mathematics Programme Compulsory Courses<\/strong>
STQM1114 Calculus I
STQM1124 Calculus II
STQM1223 Linear Algebra<\/p>\n

\u00a0<\/p>\n

Actuarial Science Programme<\/strong>
STQA2133 Mathematics of Finance
STQA2143 Actuarial Mathematics I
STQA2543\u00a0Investment Analysis and Portfolio Management I
STQA3153 Actuarial Mathematics II
STQA3163 Risk Theory
STQA3233 Issues in Actuarial Sciences
STQA3253 Survival Model
STQA3263 Actuarial Control and Planning
STQA3553\u00a0Investment Analysis and Portfolio Management II
STQA3994 Final Year Research Project
STQA3886 Industrial Training<\/p>\n

\u00a0<\/strong><\/p>\n

Citra Courses offered by School of Mathematical Sciences<\/strong><\/p>\n

STQP1013 Computer Programming (C3)
STQM1823 Elementary Biomathematics (C3)
STQM1913 Mathematical Techniques I (C3)
STQS1913 Applied Statistics (C3)
STQP2513*\u00a0Introduction to Business Management (C4)
STQA2133+ Financial Mathematics (C3)
STQP3063\u00a0History and Philosophy of Mathematical Sciences (C1)
STQA3233 Issues in Actuarial Science (C1)<\/p>\n

\u00a0<\/p>\n

* WP\u00a0for Mathematics and Statistics students.
+ WM\u00a0for Actuarial Sciences\u2019 students.
\u2022 Students may choose any suitable Citra courses offered by other schools or faculties.
\u2022 Students<\/span> <\/span>are advised to<\/span> <\/span>consult with<\/span> <\/span>their respective<\/span> <\/span>Head of Programme<\/span>\u00a0<\/span>regarding the Citra course.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

INTRODUCTIONActuarial science programme was started in 1988 under the Statistics Department, Centre\u00a0of Quantitative Studies. Currently the programme is placed under the School of\u00a0Mathematical Sciences, Faculty …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/page-one-column.php","meta":{"footnotes":""},"class_list":["post-1277","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/pages\/1277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/comments?post=1277"}],"version-history":[{"count":3,"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/pages\/1277\/revisions"}],"predecessor-version":[{"id":1637,"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/pages\/1277\/revisions\/1637"}],"wp:attachment":[{"href":"http:\/\/www.ukm.my\/ppsmfst\/wp-json\/wp\/v2\/media?parent=1277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}