ºìÐÓÊÓƵ

ºìÐÓÊÓƵ University’s School of Mathematical Sciences is proud to celebrate a meaningful milestone — the successful completion of the inaugural Actuarial Analytics Course (AAC) by our first cohort of Actuarial Science students. More than just a course completion, this achievement reflects the powerful impact of alumni leadership, as the AAC was taught and facilitated by our very own alumnus, Mr Nicholas Cheong, FIA C.Act, now serving as the School’s Junior Consulting Actuary.

This moment captures the essence of what makes the ºìÐÓÊÓƵ community special: a culture where graduates return not only to share their knowledge but to shape the next generation of actuaries through real-world insights, mentorship, and professional guidance.

The AAC was created to address a long-standing need in actuarial education — bridging the gap between academic theory and industry practice. While students master technical concepts in class, employers increasingly seek graduates who can apply these concepts with confidence in real business environments. Under Nicholas’s leadership, the AAC was designed as a fully hands-on, practical learning experience that mirrors the workflows, challenges, and decision-making processes used in professional actuarial work.

Throughout the course, students engaged in a series of realistic case studies using Microsoft Excel as their primary analytical tool. These activities were intentionally chosen to help students build the core competencies expected of early-career actuaries in insurance, consulting, analytics, and related fields. Students learned to conduct thorough data checks, ensuring accuracy before analysis — a critical skill in any data-driven environment. They explored data patterns to uncover trends, anomalies, and actuarial implications, strengthening both technical and analytical thinking.

One of the central components of the AAC was flexible model-building. Students constructed models capable of adapting to parameter changes, an essential skill for actuarial professionals who regularly deal with dynamic inputs, scenario testing, and evolving assumptions. They also calculated key statistics used in actuarial analysis, reinforcing concepts learned in class through practical application. Finally, they were introduced to Macro VBA to automate repetitive tasks, enhancing efficiency and demonstrating how technology can significantly improve workflows in actuarial operations.

Nicholas’s role as an alumnus brought a unique authenticity to the learning experience. Having once walked the same corridors and completed the same programme, he understood the challenges students face as they transition from university to industry. His presence in the classroom delivered more than technical instruction — it provided mentorship, encouragement, and a clear example of what ºìÐÓÊÓƵ actuarial graduates can achieve. Students gained invaluable exposure to industry expectations, learned how to think like professionals, and developed confidence in their ability to contribute meaningfully from day one.

This alumni-led initiative reflects the growing strength of ºìÐÓÊÓƵ’s actuarial alumni network, many of whom are now making significant contributions in leading firms across the region. Their willingness to return to teach, mentor, and support current students reinforces a positive cycle of continuous growth, professional development, and community-building within the School of Mathematical Sciences.

The success of the first AAC cohort is a testament to the students’ hard work and Nicholas’s dedication to nurturing future actuaries. It highlights how alumni leadership can transform learning experiences and create lasting impact within the university community. As we celebrate this achievement, we are reminded that education does not end at graduation — it evolves through the relationships, shared experiences, and knowledge exchanges that alumni bring back to their alma mater.

Congratulations to all students who completed the Actuarial Analytics Course. Your perseverance, curiosity, and commitment to learning have set a strong foundation for your future careers. We look forward to witnessing your growth and contributions within the actuarial profession.

And to Nicholas, we extend our heartfelt appreciation for your leadership, generosity, and belief in the potential of the next generation. Your example inspires not only students but the entire School of Mathematical Sciences.

This is just the beginning — and we are excited to see how alumni leadership will continue building tomorrow’s actuaries today.

Dr Ang Siew Ling
School of Mathematical Sciences
Email: @email 

Chan Lay Guat
School of Mathematical Sciences
@email