Bachelor of Commerce Honours (Major in Actuarial Mathematics)
Actuarial mathematics involves the application of mathematical disciplines, particularly probability, statistics, and risk theory, to real-life financial problems involving future uncertainty. This analytical approach helps people and organizations quantify and reduce financial risk in areas as diverse as life, health, disability, marine, property and casualty insurance; annuities; and pension and employee benefits plans.
Interesting courses and unique opportunities
Interesting courses
- Actuarial Aspects of Investment Practice
- Economic & Financial Applications
- Life Insurance Products and Employee Benefit Plans
- Introduction to Risk Management
- Financial Derivatives for Actuarial Practice
- Actuarial Modeling Methods
- Managing Insurance Operations in the International Business Environment
Co-op options
Asper Co-operative Education option
Exchange opportunities
Asper International Student Exchange Program
Intakes
- Sep Deadline: March
Application Processing Time in Days: 20
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Professional opportunities
- Casualty insurers
- Pension and employee benefits consultant
- Educator
- Researcher
The program prepares students for careers as professional actuaries or post-graduate studies leading to careers as professional actuaries or actuarial researchers.
PSW Opportunity
PSW same as course duration For all courses (Minimum 8 months Course duration Required)
Admission Requirement / Eligibility Criteria
An equivalent minimum average of 85% over the following senior level
courses, with no less than 70% in each course:
- English
- Pre-Calculus Mathematics
- A third academic course
- A fourth academic course
For More Information Please Connect Our PSA Counselor
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
-
Total Tuition Fee:
85200 CAD
Annual Cost of Living: 20635 CAD
Application Fee: 120 CAD
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