Thursday, March 21

Heriot-Watt world-leader in Actuarial Mathematics

0

Students are seen during a session at Heriot-Watt University Malaysia.

KUCHING: Heriot-Watt University, which has a Malaysian campus in Putrajaya, is a world-leading centre of teaching and research in Actuarial Mathematics.

The university’s Department of Actuarial Mathematics and Statistics was the first in the United Kingdom to offer a specialised programme in the field.

Students interested in a career in Actuarial Science will find a pathway that will set them up for a successful future in this field beginning with the university’s Foundation in Science or Foundation in Business and Design Actuarial, with the latter being designed specifically for students who want to pursue a degree in Actuarial Science.

These foundation programmes are structured to equip students with skills in the relevant academic disciplines while also equipping them with other skills, such as English and study skills, in preparation for their transition to degree studies.

Upon successfully completing the foundation programme, students would then be able to progress into the university’s BSc (Hons) Actuarial Science programme, a three-year degree programme which has been accredited by the UK actuarial profession.

Similar to the university’s other programmes, it employs a mixed mode of teaching and assessments, allowing students to experience a more hands-on approach to the programme content.

Chua Han Chun, a Malaysian alumnus of Heriot-Watt University’s Edinburgh campus, said the university offered him a very flexible, industry appropriate education.

“I felt my degree programme really prepared me to enter the workforce. I found my lecturers to be very experienced in their fields and the lectures were linked to current industry practice, making the knowledge I gained useful and relevant in the real world” said Chua, who studied Actuarial Science and graduated back in 2011, and is currently employed as a trainee consultant with Ernst & Young LLP in London.

Find out more about the programmes, scholarships and application to Heriot-Watt University Malaysia at the upcoming various education exhibitions or its open day today (March 29).

Go to www.hw.edu.my or call 03-88943888 or email [email protected] for more information on the programmes and scholarships.

Actuarial Science has long been regarded as a rewarding career choice as it offers job stability and a good salary.

An actuary’s role mainly deals with risk management, which means they calculate possible risks that an organisation might face and then device solutions to avoid these risks.

The actuary has the opportunity to venture into a number of industries, including insurance, transportation and financial industries.