Actuarial Science 48 months Undergraduate Program By York University |Top Universities
Subject Ranking

# 351-400QS Subject Rankings

Program Duration

48 monthsProgram duration

Tuitionfee

35,148 CADTuition Fee/year

Application Deadline

01 Feb, 2024Application Deadline

Program overview

Main Subject

Mathematics

Degree

BA

Study Level

Undergraduate

Study Mode

On Campus

Actuarial Science is the area of mathematics that applies quantitative methods to assess risks in the insurance and finance industries. It became a formal discipline in the late 17th century, when the increased demand for such long-term insurance coverages as life insurances, annuities, and burials expense coverages emerged. Since then and for a long time, actuaries have been interested in studying the present monetary value of future obligations as well as the variability of these present values in the contexts of life and health insurance, property and casualty insurance, pension funds and social wealth-fare programs. Today actuaries are also being employed in the areas of enterprise risk management, and even in general finance and investment.
An actuary is a professional concerned with: the design and administration of insurance policies, pension plans, government welfare plans and similar programs. The main responsibility of actuaries is to ensure that these programs operate on a sound financial basis. To do this, they use many areas of mathematics and statistics, as well as general principles of economics and finance.
In North America, the standard way to become an actuary is to pass the examinations administered by either the Society of Actuaries or the Casualty Actuarial Society.

Program overview

Main Subject

Mathematics

Degree

BA

Study Level

Undergraduate

Study Mode

On Campus

Actuarial Science is the area of mathematics that applies quantitative methods to assess risks in the insurance and finance industries. It became a formal discipline in the late 17th century, when the increased demand for such long-term insurance coverages as life insurances, annuities, and burials expense coverages emerged. Since then and for a long time, actuaries have been interested in studying the present monetary value of future obligations as well as the variability of these present values in the contexts of life and health insurance, property and casualty insurance, pension funds and social wealth-fare programs. Today actuaries are also being employed in the areas of enterprise risk management, and even in general finance and investment.
An actuary is a professional concerned with: the design and administration of insurance policies, pension plans, government welfare plans and similar programs. The main responsibility of actuaries is to ensure that these programs operate on a sound financial basis. To do this, they use many areas of mathematics and statistics, as well as general principles of economics and finance.
In North America, the standard way to become an actuary is to pass the examinations administered by either the Society of Actuaries or the Casualty Actuarial Society.

Admission requirements

60+
24+
1170+
6.5+
88+
28+
01 Feb 2024
4 Years
Jan
May

Tuition fee and scholarships

Domestic Students

7,199 CAD
-

International Students

35,148 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.

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