Actuarial Science (MMath) (Taught) Program By University of Waterloo |Top Universities
Subject Ranking

# =39QS Subject Rankings

Program Duration

12 monthsProgram duration

Tuitionfee

21,126 CADTuition Fee/year

Main Subject Area

MathematicsMain Subject Area

Program overview

Main Subject

Mathematics

Degree

Other

Study Level

Masters

This is a professional degree designed to prepare strong candidates with quantitative undergraduate degrees for a career as an actuary. Suitable undergraduate majors include mathematics, statistics, engineering or physics. Other undergraduate majors, such as economics or business, may be acceptable if the transcript shows substantive coverage of calculus and linear algebra at undergraduate level. We do not require any prior study in actuarial science, but candidates with some relatively modest level of education in actuarial science, including those who are self-taught through one or more of the professional exams, may benefit from the more in-depth coverage in the program. Our program is designed for future high-fliers in the profession. We are looking for people who are ambitious, hard-working, with excellent communication skills.

Program overview

Main Subject

Mathematics

Degree

Other

Study Level

Masters

This is a professional degree designed to prepare strong candidates with quantitative undergraduate degrees for a career as an actuary. Suitable undergraduate majors include mathematics, statistics, engineering or physics. Other undergraduate majors, such as economics or business, may be acceptable if the transcript shows substantive coverage of calculus and linear algebra at undergraduate level. We do not require any prior study in actuarial science, but candidates with some relatively modest level of education in actuarial science, including those who are self-taught through one or more of the professional exams, may benefit from the more in-depth coverage in the program. Our program is designed for future high-fliers in the profession. We are looking for people who are ambitious, hard-working, with excellent communication skills.

Admission requirements

Undergraduate

90+
7+
3.33+

Minimum requirements: (1) A four-year Honours Bachelor degree with a significant actuarial science and/or statistics component; (2) An overall 78% average from a Canadian university (or its equivalent); (3) An interview may be required. // Required application materials: (1) Résumé; (2) Supplementary information form; (3) Transcript(s). // For further information on admission requirements please check with the University for entry.

1 Year
Jan-2000

Tuition fee and scholarships

Domestic Students

6,762 CAD
-

International Students

21,126 CAD
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
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A list of available scholarships around the world

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More programs from the university

The University of Waterloo offers more than 100 undergraduate programs in areas such as health, humanities and social sciences, business, engineering, the environment, mathematics, and science.

Waterloo has been ranked as Canada's most innovative university for the past 25 years and as one of Canada's best overall universities. The university is home to the world's largest co-op program with 6,700 employers around the world hiring our students for 4-month paid work terms throughout their degree. View our admission requirements to learn more.

The University of Waterloo offers over 190 doctoral and Master’s degree programs and was ranked #152 in the QS World University Rankings 2015. Postgraduate programs include Biology, Nanotechnology, Civil Engineering, Computer Science, Electrical and Computer Engineering, Economics, Languages, Mechanical Engineering, Pharmacy, and Mathematics.

The engineering and technology schools are ranked 57th in the world in the QS World University Rankings and alumni go on to work at companies like BlackBerry (founded by a Waterloo alum), Apple, Ernst & Young, and Google.

While graduate job placement for the university is excellent, Waterloo also prides itself in its research programs and degrees.  With over $200 million in funding from both local and international partners – 31% of funding comes from industry partnerships – the school has been able to push the envelope in innovation in the STEM fields, health sciences, and the arts. 

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