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Actuarial Science, M.Sc.

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

About

The Master of Actuarial Science 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
  • 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:

    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

  • Four-year Bachelor's degree from an accredited post-secondary institution, approved by the University of Windsor, in a calculus-based quantitative discipline, such as engineering, physics, chemistry, or business
  • 70+% cumulative average (when converted to Ontario equivalent)
  • Demonstrated strength in mathematics courses
  • Demonstrated English proficiency (IELTS 6.5+)(or approved equivalent)1
  • Statement of interest (max 2 pages)
  • Curriculum vitae (max 2 pages)
  • Letters of Reference

Tuition Fee

  • International Applies to you

    2659 CAD/year
    Tuition Fee
    Based on the original amount of 2659 CAD per year and a duration of 16 months.
  • National Applies to you

    2659 CAD/year
    Tuition Fee
    Based on the original amount of 2659 CAD per year 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

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

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