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Actuarial Science, MActSc

  • Application Deadline
  • 16 months
    Duration
University rank #601 (WUR) ,
Actuarial Science at University of Windsor includes a number of interrelated subjects, including probability, mathematics, statistics, finance, economics, and mathematics of finance.

About

The Master of Actuarial Science at University of Windsor will prepare you for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world.

You will study and live in Canada for approximately 16 months (4 academic terms) while enrolled in a total of 12 courses.

The courses will include actuarial mathematics as required for the Society of Actuaries (SOA) professional exams.

As a professional graduate program, alumni of the M.Act.Sc program are well prepared for careers in insurance, pensions, and healthcare industries. Graduates can also participate in one of the regular offerings of the Society of Actuaries (SOA) exams offered on-site.

Programme Structure

Courses include:
  • Probability for Risk and Actuarial Science
  • Financial Mathematics, Theory of Interest
  • Introduction to Financial Management
  • Derivatives Markets
  • Financial Management
  • Regression and Time Series
  • Derivatives markets
  • Life Contingencies
  • Microeconomics
  • Life Contingencies
  • Special Topics in Actuarial Science

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 16 months
  • Credits
    120 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    83

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    560

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    65

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

Academic Requirements

Bachelor degree in a calculus-based quantitative discipline (e.g. Engineering, physics, chemistry, business) with at least a 70% average (or equivalent) overall. Knowledge of calculus and matrix algebra is essential. Admission is limited and competitive.

Tuition Fee

  • International

    13850 USD/year
    Tuition Fee
    Based on the original amount of 6925 USD per semester and a duration of 16 months.
  • National

    13850 USD/year
    Tuition Fee
    Based on the original amount of 6925 USD per semester and a duration of 16 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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