Datuk Kamarudin Meranun received a Diploma in Actuarial Science from University Technology MARA (UiTM) and was named the 'Best Actuarial Student' by the Life Insurance Institute of Malaysia in 1983. He received a B.Sc. degree with Distinction (Magna Cum Laude) majoring in Finance in 1986, and an MBA in 1987 from Central Michigan University.