Bachelor of Science in Actuarial Mathematics (Honours)
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
- 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
- Theory of Interest
Intakes
- Sep Deadline: March
- Jan Deadline: Oct
- May 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
- Life and Health Insurers
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 60% in each course:
- English
- Senior level Mathematics or Pre-Calculus Mathematics
- One of Biology, Chemistry, Physics or Computer Science
For More Information Please Connect Our PSA Counselor
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
-
Total Tuition Fee:
76400 CAD
Annual Cost of Living: 20635 CAD
Application Fee: 120 CAD
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