UiTM’s Actuarial Science degree gains the highest accreditation from IFoA, UK

Universiti Teknologi MARA (UiTM) was the first university in Malaysia to offer a degree program in Actuarial Science in 1996. Today, the Centre for Actuarial Studies has successfully produced thousands of graduates who are sought after in the industry. Holding a graduate employability (GE) rate of more than 90% in 2017, most of the graduates are mainly working in the insurance and banking sectors. Recently, on 7th November 2019, the Bachelor of Science (Hons) in Actuarial Science achieved another milestone when it got accreditation by the Institute and Faculty of Actuaries (IFoA), United Kingdom.

This recognition provides students who graduate in BSc (Hons) in Actuarial Science from UiTM to get professional exemptions on a few subjects such as Actuarial Statistics, Actuarial Mathematics, Business Finance and Business Economics based on the IFoA new curriculum effective March 2020 intake.

We can proudly say that UiTM is the first public university in Malaysia which has received the highest number of exemptions for actuarial science professional papers. The faculty is currently working hard to get the exemption for one more module, Actuarial Statistics. It is their hope to get full accreditation by IFoA before semester March 2020 commences.

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UiTM’s Actuarial Science degree gains the highest accreditation from IFoA, UK


Keywrods: Education Malaysia, Education Malaysia Global Services, EMGS
Hashtags: #StudyinMalaysia #EducationMalaysia #InternationalStudent
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Sarah Azreen Abdul Samat

Sarah has over 22 years of experience in corporate finance transactions involving equity issuance, mergers and acquisitions, fundraising, corporate restructuring, and corporate valuation, amongst others. She began her career in investment banking with Malaysian International Merchant Bankers Berhad in 2001 after obtaining her professional qualifications from PricewaterhouseCoopers.

Later in her career, she joined other investment banking institutions in Malaysia such as AmInvestment Bank Berhad, Maybank Investment Bank Berhad and RHB Investment Bank Berhad.

Presently, Sarah sits as Non-Independent Non-Executive Director of Reneuco Berhad and Independent Director of Pharmaniaga Berhad. She is currently the Executive Director of 3p Capital Advisers Sdn. Bhd., a company licensed with the Securities Commission Malaysia to provide advisory services to the capital market players.

Tuan Haji Ismail Bin Mohamed

Tuan Haji Ismail Mohamed sits on the Board of Director for Education Malaysia Global Services (EMGS). He obtains his Bachelor Degree in Business Administration from Universiti Kebangsaan Malaysia (UKM).

Prior to sitting on the EMGS Board, he was also appointed to be the Board of Director to KEJORA from 2013 to 2018, and several companies such as Permodalan Darul Takzim Sdn Bhd, Perbadanan Usahawan Johor Sdn Bhd, PIJ Holding and Ranhil SAJ Sdn Bhd. Tuan Haji Ismail Mohamed also co-founded Pertama.

He started his career by setting up a company and being the founder of JYBB Enterprise. His career came to prominence when he became the co-founder and the Chief Executive Officer of Pertama Polyerethane Technology (M) Sdn Bhd and subsequently became the Special Officer to the Minister of Education in 2013.

Ismail Mohamed is acknowledged for his expertise in Agriculture and Agro-based industry, landing him being appointed as the Chairman of the Agriculture and Agro-based Industry Committee of the Johor State, the Chairman of Agro KEJORA and the Chairman of the Johor State Agriculture, Agro-based industry, Entrepreneurial Development and Cooperatives Committee.