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 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

CPT

(Computer Based Test)

IBT

(Internet Based Test)

3

3

5.0

180

64

 

Applicants who do not meet one of the above requirements and was offered conditional intake are required to fulfil anyone the criteria above within 12 Month (Master’s Student) and 24 Month (PhD Student) *effective from intake A191*

 

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. Admission to Master’s Degree by Research
     
    1. (1) A relevant bachelor’s degree with honours with a minimum CGPA of 2.75/4.00 or equivalent from the University or any other institutions of higher learning recognised by the Senate; or
    2. Other qualifications equivalent to a bachelor’s degree with honours AND relevant professional work experience; or
    3. A bachelor’s degree or equivalent with minimum CGPA of 2.50/4.00 and not meeting CGPA of 2.75/4.00, can be accepted subject to rigorous internal assessment; or
    4. In case the CGPA does not meet the requirement of 2.50/4.00, the selection will subject to a minimum of 5 years working experience in relevant field.
    5. The number of credit hours for the relevant bachelor’s degree and advanced diploma shall be as follows: (a) bachelor’s degree ≥ 120 credit hours (b) advanced diploma ≥ 90 credit hours

      Note: 1-year work experience is equivalent to 0.05 CGPA
       
  2. Admission to Master’s Degree by Mixed Mode
     
    1. A relevant bachelor’s degree with honours with a minimum CGPA of 2.75/4.00 or equivalent from the University or any other institutions of higher learning recognised by the Senate; or
    2. Other qualifications equivalent to a bachelor’s degree with honours AND relevant professional work experience; or
    3. A bachelor’s degree or equivalent with minimum CGPA of 2.50/4.00 and not meeting CGPA of 2.75/4.00, can be accepted subject to rigorous internal assessment; or
    4. In case the CGPA does not meet the requirement of 2.50/4.00, the selection will subject to a minimum of 5 years working experience in relevant field.
    5. The number of credit hours for the relevant bachelor’s degree and advanced diploma shall be as follows: (a) bachelor’s degree ≥ 120 credit hours (b) advanced diploma ≥ 90 credit hours Note: 1-year work experience is equivalent to 0.05 CGPA
       
  3. Admission to Master’s Degree by Coursework
     
    1. A relevant bachelor’s degree with honours with a minimum CGPA of 2.50/4.00 or equivalent from the University or any other institutions of higher learning recognised by the Senate; or
    2. In case the CGPA does not meet the requirement of 2.50/4.00, the selection will subject to a minimum of 5 years working experience in relevant field.
    3. The number of credit hours for the relevant bachelor’s degree and advanced diploma shall be as follows: (a) bachelor’s degree ≥ 120 credit hours (b) advanced diploma ≥ 90 credit hours

      Note: 1-year work experience is equivalent to 0.05 CGPA

MASTERS PROGRAMME FEES (MIXED MODE)

PROGRAMME

MODE

MALAYSIAN FULL TIME (3 SEM)

INTERNATIONAL FULL TIME (3 SEM)

MALAYSIAN PART TIME (4 SEM)

Master Of Science (Food Biotechnology)

Mixed (42 ch)

8,901.00

15,165.00

8,948.00

Master Of Science (Financial Mathematics)

Mixed (43 ch)

9,051.00

15,465.00

9,098.00

Master Of Science (Risk Management)

 Mixed (43 ch)

9,051.00

15,465.00

9,098.00

Master Of Science (Actuarial Science)

 Mixed (43 ch)

9,051.00

15,465.00

9,098.00

Master Of Science (Information Security Assurance)

 Mixed (43 ch)

9,051.00

15,465.00

9,098.00

Master Of Akidah & Religion Studies

 Mixed (45 ch)

9,801.00

 16,515.00

9,848.00

 

PROGRAMME

MODE

MALAYSIAN FULL TIME (4 SEM)

INTERNATIONAL FULL TIME (4 SEM)

MALAYSIAN PART TIME (5 SEM)

Master of Medical Science

Mixed (50 ch)

13,888.00

23,840.00

13,925.00

 

** Fees and charges above are based on full study packages according to minimum period of study* USIM reserves the right to make any amendments without prior notice
*** 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