 MATHEMATICS AND STATISTICS
THE MASTER OF ACTUARIAL SCIENCE (M.Act.Sc)
Admission Requirements
Bachelor degree in a calculusbased 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:
97501 Probability for Risk and Actuarial Science
97502 Financial Mathematics, Theory of Interest
76503 Introduction to Financial Management*
Year 1 Term 2:
97503 Derivatives Markets I
76512 Financial Management
97505 Life Contingencies I
Year 1 Term 3:
97504 Derivatives markets II
97520 Regression and Time Series
97510 Microeconomics
Year 2 Term 4
97506 Life Contingencies II
97507 Special Topics in Actuarial Science
97511 Macroeconomics
ACTUARIAL COURSES
