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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.
Programme 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+
1170+
24+
88+
28+
6.5+
01 Feb 2025
4 Years
Jan
May
Tuition fees
Domestic (Out of State)
7,595 CAD
International
37,281 CAD
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Actuarial Science
Keele Campus, Toronto, Canada
# 351-400QS Subject Rankings
48 monthsProgramme duration
37,281 CADTuition Fee/year
01 Feb, 2025Application Deadline
Programme overview
Main Subject
Mathematics
Degree
BA
Study Level
Undergraduate
Study Mode
On Campus
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.
Programme overview
Main Subject
Mathematics
Degree
BA
Study Level
Undergraduate
Study Mode
On Campus
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
Tuition fees
Domestic (Out of State)
International
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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