Combining economics and actuarial science, this degree uses mathematical and statistical methods to assess risk and uncertainty.
You'll study core modules in microeconomics, macroeconomics and quantitative methods. Optional modules will let you shape your studies around your interests or career plans.
These include international trade, survival models or public economics.
Any future COVID-related restrictions could mean we might have to change the way parts of our teaching and learning take place.
We are working hard to plan for a number of possible scenarios. This means that some of the information on this course page may be subject to change.
In Year 1 you'll learn core principles in mathematics and statistical techniques such as optimisation and hypothesis testing. You'll also study macroeconomics to learn about measures of GDP, inflation and unemployment, and concepts used in microeconomics.
You'll deepen your understanding of economics in Year 2 by studying both macroeconomics and microeconomics alongside econometrics and applied statistics.
In your final year, you can choose to write a dissertation in an economics or demography topic of your choice.
The overall programme structure is flexible, allowing you to discover and pursue your own interests, either by choice of options or, if appropriate, by transferring to Southampton’s UK campus. UK campus transfers are subject to students meeting the requirements of the programme, capacity at the relevant campus and UoS Faculty and UoSM approval.
Successful applicants typically have AAA with A in mathematics; or AAB with A in mathematics and B in further mathematics. Offers typically exclude General Studies.
The below subjects are considered as restricted. This means that we can accept one subject from the following list if combined with other academic subjects:
Please note: Computing, Computer Studies, Product Design and Applied Business (single and double awards) are not considered to be restricted subjects.
The equivalent to that would be:
| Award | Qualification |
|---|---|
| A-level | AAA or AABB including Mathematics (grade A) or AAB or ABBB including Mathematics (grade A) and Further Mathematics (grade B) |
| IB Diploma | Pass with 36 points overall, 18 at Higher Level, including 6 points at Higher Level in Mathematics (Analysis and Approaches or Applications and Interpretation) |
| STPM | A-A-A-, with A- in Mathematics |
| UEC | AAAAA with A in Mathematics |
| Foundation Year | Foundation Year programmes from the other institutions will be considered on a case-by-case basis |
Other equivalent qualifications (including international qualifications) will be considered, please contact a UoSM education counsellor or your preferred agent to understand more.
IELTS 6.5 overall, minimum 6.0 in all components or Grade C in SPM 1119 English (cohort before 2021), SPM CEFR Level B2 or above (cohort from 2021 onwards), Grade C in GCSE English, Grade A in IGCSE English as a Second Language, B3 in UEC English or equivalent.
Please CLICK HERE for the current English language requirements, a list of qualifications and tests the University of Southampton recognises and a list of exempt countries.
As well as 'A' levels (as awarded in the UK secondary education system) we will accept an equivalent standard in other qualifications approved by the University for entry to our courses.
This page contains specific entry requirements for this course. Find out about equivalent entry requirements and qualifications for your country.
You can find the module information here
Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities that are provided. More detailed information can be found in the programme handbook (or other appropriate guide or website).
Compulsory modules
Core modules
Part I Semester 1 Microeconomics Core Options
You must select 7.5ECTS/15CATS from the following;
Students WITHOUT Economics A Level (or equivalent) must take ECON1020 Foundations of Microeconomics
OR
Students WITH Economics A Level (or equivalent) must take ECON1022 Principles of Microeconomics.
Compulsory Modules:
Compulsory Options Actuarial Science
You must select between 7.5ECTS/15CATS and 15ECTS/30CATS from the following modules
Compulsory Options Economics Applications
You must select between 7.5 ECTS/15 CATS and 15ECTS/30CATS from the following modules. Note that ECON2004 is a prerequisite for ECON3010 Topics in Macroeconomics in Part III.
Compulsory Options Actuarial Science
You can select between 7.5ECTS/15CATS and 15ECTS/30CATS from the following modules:
Compulsory Options Economics
Note that ECON3010 Topics in Macroeconomics requires ECON2004
Core Options
| Year of study | Mode of study | Malaysian | International |
|---|---|---|---|
| 2023 | Full-time | RM42,127 | RM48,874 |
Scholarships and bursaries are available at the University of Southampton Malaysia
Funding opportunitiesStudents are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.
In some cases you'll be able to choose modules (which may have different costs associated with that module) which will change the overall cost of a programme to you. Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk .
You'll graduate ready for a career in actuarial science and the economy, with transferable skills that will qualify you to work in a range of fields and industries.
Our graduates have gone on to work as:
Careers services at Southampton
Our Careers and Employability Service will support you in Malaysia via Microsoft Teams throughout your time as a student and for up to 5 years after graduation. This support includes:
The learning activities for this course include the following:
You'll be supported by a personal academic tutor and have access to a senior tutor.
Your scheduled learning, teaching and independent study, year by year.
We’ll assess you using:
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