Winter 2019 Graduate Calendar


MATHEMATICS AND STATISTICS

THE MASTER OF ACTUARIAL SCIENCE (M.Act.Sc)

Admission 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:
ACSC-8010 Probability for Risk and Actuarial Science
ACSC-8020 Financial Mathematics, Theory of Interest
BUSI-8030 Introduction to Financial Management*

Year 1 Term 2:
BUSI-8120 Financial Management
ACSC-8030 Derivatives Markets I
ACSC-8050 Life Contingencies I

Year 1 Term 3:
ACSC-8040 Derivatives markets II
ACSC-8100 Microeconomics
ACSC-8200 Regression and Time Series

Year 2 Term 4
ACSC-8060 Life Contingencies II
ACSC-8070 Special Topics in Actuarial Science
ACSC-8110 Macroeconomics


ACTUARIAL COURSES