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Fall 2018 Graduate Calendar
MATHEMATICS AND STATISTICS
THE
MASTER OF ACTUARIAL SCIENCE (M.Act.Sc)
Ad
mission Requirements
Bachelor degree in a calculus-based quantitative discipline (e.g. Engineering, physics, chemistry, business) with
at least a 70% average (or equivalent) overall, and good mathematics grades. Knowledge of calculus and matrix algebra is essential. Admission is limited and competitive. Up to two courses may be accepted for credit based on previous background (although the total fee remains the same.) Students from programs with a three year university degree would be admitted if their university course background in mathematics is strong.
Degree Requirements
Total Courses:
12
Year 1 Term 1:
97-501 Probability for Risk and Actuarial Science
97-502 Financial Mathematics, Theory of Interest
76-503 Introduction to Financial Management*
Year 1 Term 2:
76-512 Financial Management
97-503 Derivatives Markets I
97-505 Life Contingencies I
Year 1 Term 3:
97-504 Derivatives markets II
97-510 Microeconomics
97-520 Regression and Time Series
Year 2 Term 4
97-506 Life Contingencies II
97-507 Special Topics in Actuarial Science
97-511 Macroeconomics
ACTUARIAL COURSES