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Do you know which field of study you’re interested in but not sure which university does it best? Here are our recommendations on the 8 best universities for Actuarial Science courses in Malaysia that you should consider studying at. Uni Enrol is the official partner and can tailor our recommendations to your preferences!
#1 Heriot-Watt University Malaysia
The Heriot-Watt Malaysia campus has got to be the top most beautifully designed private university campuses in Malaysia.
It is an architectural and engineering marvel which reflects the university’s long historic strength in both architecture and engineering studies.
Here’s some key stats about Heriot-Watt Malaysia:
| Total student population | 2,000 |
| % of international students | 30% |
| Graduate employability rate % | 95% in 6 months from graduation |
Why Should You Study Actuarial Science At Heriot-Watt?
- In the 2025 QS World University Rankings, Heriot-Watt University ranked at #256 out of all global universities.
- Immaculate campus vibes overlooking the tranquil lake in Putrajaya, Heriot-Watt is free from the distractions of the city, with plenty of quiet rooms and spaces for you to fully focus on your work.
- Study abroad for a semester, a year, or longer at their Edinburgh or Dubai campuses with Heriot-Watt’s inter-campus transfer programme.
- Heriot-Watt ranks #201-#250 for 2025 QS World Rankings for the Business and Management Studies subject category.
- This course is fully accredited by various professional bodies including the IFoA, Royal Statistical Society, and the SOA.
- A significant portion of the teaching staff (around 30%) are qualified actuaries with direct industry experience. This means you’ll be getting the latest industry knowledge embedded into the curriculum.
Actuarial Science Courses At Heriot-Watt
Get ready for Heriot-Watt with our Complete Review Of Heriot-Watt Malaysia!
#2 Asia Pacific University (APU)
Since 1993, APU has been one of the best private universities in Malaysia that focuses on producing top talents in the digital technology field. Since then it has introduced a plethora of other fields of study and disciplines.
APU key snapshot statistics:
| Total student population | 14,000 |
| % of international students: | 45% coming from over 130 different countries |
| % of teaching staff with industry experience | 90%, which is a reflection on the strong employment track record of its graduates |
| Graduate employability rate: | 100% by Annual Graduate Tracer Study |
Why Should You Study Actuarial Science At APU?
- As one of the top 200 universities in Asia, APU gives you the assurance of best quality courses, lecturers and facilities.
- APU boasts a graduate employability rate of 100%, with course modules that are equipped to prepare you for a career in the field.
- This course is in line with the Institute and Faculty of Actuaries (IFoA). Graduates with a 65 average and above are exempted from up to 6 papers in the IFoA curriculum.
- It is also recognised by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Students graduating from this course will be adequately prepared for preliminary examinations for these professional boards.
- The courses here have contributions from competent teaching staff with professional actuarial qualifications and real-world industry experience.
Actuarial Science Courses At APU
Want to know more about APU? Read our Complete Review Of Asia Pacific University.
#3 Taylor’s University
Established in 1969, Taylor’s University has grown from a humble college into a renowned international university. Not only is it ranked on QS but many of the fields of study it offers are recognised on the QS Subject Ranking list as well.
Here’s key statistics about Taylor’s University:
| Total student population | 13,000 |
| % of international students | 25%-30% coming from over 80 different countries |
| Student-teacher-ratio | 16:1 which is a very healthy ratio |
| % of teaching faculty with a PhD | 80%-95% depending on faculty |
| Graduate employability rate | 99% testament to the graduate quality and career support |
Why Should You Study Actuarial Science At Taylor’s?
- The actuarial studies course at Taylor’s has a Silver Level recognition in the Casualty Actuarial Societty (CAS) University Recognition Programme, which signifies exceptional learning and support for students.
- Graduates from this course are accredited or eligible to apply for membership in multiple professional actuary bodies, including CAS, Society of Actuaries (SOA), and the Institute and Faculty of Acutaries (IFoA).
- Enjoy course flexibility with Taylor’s Curriculum Framework (TCF), aimed at equipping graduates with a broader scope of knowledge, increasing their value in the workplace. You can choose to take additional electives to get a second major, a minor, or even just based off interest. It can be related your course or not, depending on your learning goals.
- Start your course right with Taylor’s first year mentorship programme, with assigned senior students from the course to help first year students find their footing in the actuarial science course.
Actuarial Science Courses At Taylor’s
Interested to learn more? Read our Complete Review Of Taylor’s University.
#4 Sunway University
Sunway University is regarded by many as one of their top private university choices in Malaysia too.
Established in 1987, it has since grown into one of the largest and most reputable higher learning institutions and is operated as a non-profit under the Jeffrey Cheah Foundation.
Here are some key statistics about Sunway University:
| Total student population | 25,000 |
| % of international students | 10%-30% based on faculty from 90+ countries |
| Teaching faculty-to-student ratio | 1:70 (~360 academic staff) |
| % of international academic staff | 5% -25% based on faculty |
| Graduate employability rate | 87% – 98% based on fields of study |
Why Should You Study Actuarial Science At Sunway?
- Sunway University ranks between #451-#500 on 2025’s QS Rankings for the Business & Management Studies subject category, which includes actuarial science courses under the business umbrella.
- Recognised by professional bodies such as SOA, IFoA, CAS.
- Completion of the course results in exemptions from 6 IFoA and 3 SOA accreditation exam papers.
- Opportunity for study abroad at the London School of Economics summer school programme and credit transfer pathways to University of Kent, University of East Anglia, UK and Macquarie University, Australia.
- In collaboration with over 6 thousand partners, Sunway University pushes for employability with workshops, peer advisor groups, professional career assessment, internships, as well as regular on-campus career fairs.
Actuarial Science Courses At Sunway
Considering Sunway? Learn more with our Complete Review Of Sunway University!
How Can Uni Enrol Help?
Uni Enrol is Malaysia’s top university enrolment platform for over 200+ universities in Malaysia, Australia and UK. We provide unique insights, efficient service, scholarship matching and compare similar or alternative options.
#5 University Of Southampton Malaysia (UOSM)
Speaking of top private universities in Johor, you must include the University of Southampton Malaysia. Malaysia is the university’s only foreign campus which means you get the privilege of graduating from a world-class Russel Group UK university at a fraction of the cost!
Here’s some information about Southampton Malaysia:
| Total student population | 1,000 |
| % of international students | 5% |
| Teaching faculty-to-student ratio | 1:20 a healthy ratio (about 50 academic staff) |
| Graduate employability rate % | 100%, 6 months after graduation |
Why Should You Study Actuarial Science At UOSM?
- The University of Southampton ranks at #80 globally in 2025 based on the QS World University Rankings and has been in the Top 100 consistently for more than a decade.
- The university is also ranked #201-250 globally in 2025 based on QS’s Mathematics Subject Category.
- UOSM’s Bachelor of Science in Economics and Actuarial Science is unique by combining subjects on Actuarial and Economics to give you a holistic perspective at the micro-level and also how macro dynamics share the industry and your work.
- It is accredited by the Institute and Faculty of Actuaries (IFoA) in the UK.
- The Southampton Business School maintains strong links with major global companies in finance and consulting, including PwC, Deloitte, JP Morgan, and EY. These connections provide valuable opportunities for guest lectures, networking, and internships.
Actuarial Science Courses At UOSM
Check out the Complete Review Of University Of Southampton Malaysia
#6 UCSI University
Established in 1986, UCSI University started as Sedaya College and later received university college status in 2003 and full-fledged university status in 2008, becoming Malaysia’s second private university and renamed as UCSI University.
Here are some key statistics about UCSI:
| Total student population | 15,000 |
| % of international students | 30% from more than 100 countries |
| PhD lecturers | 70%-90% of lecturers are PhD holders depending on faculty |
| Graduate employability rate | 100%, based on MOHE Graduate Survey |
Why Should You Study Actuarial Science At UCSI?
- UCSI was the first private university in Malaysia to receive recognition from the IFoA and SOA for their Actuarial Science courses.
- They have the most comprehensive SOA exam coverage in Malaysia and provide several exemptions for both SOA and IFoA. The Financial Mathematics module for example, is exempted from both SOA and IFoA exams.
- Due to wide coverage in actuarial science subjects at UCSI, there are many students that choose to take SOA qualification exams while studying their degree, taking them a step closer to being a fully qualified actuary.
- Students in the BSc (Honours) Actuarial Science course have the opportunity to finish their degree overseas at the University of Essex, UK as part of UCSI’s international pathway.
Actuarial Science Courses At UCSI
Learn about UCSI in our Complete Review Of UCSI University.
#7 Quest International University (QIU)
Quest International University (QIU) was launched in 2008 and is one of the well established private universities in the state of Perak. QIU dedicates its resources to various research initiatives to ensure it keeps up with the rapid changes in academic and industry landscape and translates that into a high quality curriculum for its students.
Though the QIU campus is not huge by any means, it makes up for its affordable fees, accessibility to many conveniences in Ipoh city, dedicated academic lecturers and friendly community of over 2,000 students.
Why Should You Study Actuarial Science At QIU?
- The course integrates modern data science and programming skills. You will learn programming languages like C++, R and Python and systems such as SAS and Real Time Stock Price Tracking which are essential tools for data analysis, predictive modelling, and machine learning.
- The The Bachelor of Science (Honours) Actuarial Sciences includes 4 specialisations: Financial Planning, Data Science, Banking and Islamic Finance
- The degree course is recognised by international professional examination bodies such as
- Society of Actuaries (SOA)
- Casualty Actuarial Society (CAS)
- Canadian Institute of Actuaries (CIA)
- Certified in Quantitative Risk Management (CQRM)
- International Institute of Professional Education and Research (IIPER)
- and the Registered Financial Planner (RFP) by MFPC
- If you choose to specialise in Financial Planning, Actuarial Science students are granted exemptions for 6 out of the 7 modules required for the Registered Financial Planner (RFP) qualification.
Actuarial Science Courses At QIU
Learn more about QIU with our Complete Review Of Quest International University.
#8 University Tunku Abdul Rahman (UTAR)
UTAR was formed in 2002 under the UTAR Education Foundation, a not-for-profit organisation with its core vision of making higher education affordable and accessible.
Today, UTAR offers over 140 courses in many fields of study including business, built environment, communications, creative media, education, computing, engineering, social sciences, pure sciences, medicine and healthcare across its 2 campuses in Kampar (Perak) and Sungai Long (Kuala Lumpur).
It supports over 20,000 students with a student-to-teacher ratio of 20:1 which is an acceptable ratio. Its academic faculties are actively involved in research and development activities and the progress of student outcome which has helped in the university’s ranking on QS.
Why Should You Study Actuarial Science At UTAR?
- UTAR is ranked within the #801-#850 band globally in 2025 according to QS World University Ranking. The university also achieved the #29 spot on the QS South East Asia University Ranking.
- Accredited by the Institute and Faculty of Actuaries (IFoA) in the UK. This allows you to gain exemptions for 4 of the initial professional papers.
- The course structure includes not only core actuarial mathematics and statistics but also essential IT skills, data analytics, and risk management.
Actuarial Science Courses At UTAR
Read our Complete Review Of UTAR.
BONUS — Universiti Malaya (UM)
Universiti Malaya (UM) is a public research university located in Kuala Lumpur, Malaysia and is the oldest Malaysian institution of higher education. UM is divided into 14 faculties, 2 academies, 3 institutes and 2 academic centres. The university has graduated 5 prime ministers of Malaysia, and other political, business, and cultural figures of national prominence.
While UM is a public university in Malaysia, students who were not successful in entering through the UPU system can enrol through its private intake channel, called Open Channel (SATU). Through this channel, you pay the full tuition fees.
| Total student population | 40,000 students |
| % of international students | 30%, majority being post-grad students |
| Student-teacher-ratio | Est 16:1 |
Why Should You Study Actuarial Science at UM?
- UM is ranked #60 globally in QS World University Rankings 2025, the only Malaysian institution to break into QS’s global top 100.
- A Bachelor of Actuarial Science at UM will accord you exemptions for exam papers from actuarial bodies such as Institute & Faculty of Actuaries (UK), Society of Actuaries (US) and Casualty Actuarial Society (US).
- UM’s Actuarial Science degree covers a strong foundation in mathematics, statistics, economics, finance, risk modelling, and research. You will also dive deeper into risk theory, life insurance and takaful, and portfolio theory. The course also incorporates programming and analytical skills including “Python for Data Science”.
- The Faculty of Science covering Actuarial Science boasts a graduate employability rate of 100%.
Actuarial Science Courses at UM
Considering UM? Check out the Complete Review Of Universiti Malaya.
Course Guides Recommendation
Check out our Guide on the Actuarial Science Course In Malaysia.
If you are looking for other options, check out our full list of Popular Course Guides In Malaysia.
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