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k Links   MATHEMATICS AND STATISTICS
THE MASTER OF ACTUARIAL SCIENCE (MActSc)
Admission Requirements
Bachelor degree in a calculusbased quantitative discipline (e.g. Engineering, physics, chemistry, business) with at least a 70% average (or equivalent) overall. Knowledge of calculus and matrix algebra is essential. Admission is limited and competitive.
Degree Requirements
Total Courses: 12
ACSC8010 Probability for Risk and Actuarial Science
ACSC8020 Financial Mathematics, Theory of Interest
ACSC8030 Derivatives Markets I
ACSC8040 Derivatives markets II
ACSC8050 Life Contingencies I
ACSC8060 Life Contingencies II
ACSC8070 Short Term Actuarial Models
ACSC8100 Microeconomics
ACSC8110 Macroeconomics
ACSC8200 Regression and Time Series
ACSC8300 Mathematical Statistics for Actuarial Science
ACSC8400 Actuarial Science Capstone Project
The 12 required courses are scheduled over four semesters.
The Department of Mathematics and Statistics requires that students always maintain at least a 70% average. Term courses in which a grade of at least 70% has been earned will be accepted for graduate credit. Term courses with a grade lower than 60% will not be accepted for graduate credit. At most two term courses with grades in the 60%  69.9% range will be accepted for credit subject to the approval of the Faculty of Graduate Studies after a positive recommendation from the Department’s Graduate Studies Committee upon consultation with the Director of the Master of Actuarial Science program. This recommendation will be given on a case by case basis.
ACTUARIAL COURSES 