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Actuarial Mathematics/Finance (BA, BSc)

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Saturday, October 22
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Degrees
Bachelor of Arts (BA), Bachelor of Science (BSc)
Department
Faculty
Program type
Specialization
Primary campus
Sir George Williams (SGW)
Duration
3 to 4 years
Start term
Fall
Experiential learning
Co-op

Why study Actuarial Mathematics and Finance?

Model the future, solve problems involving risk, and make financial decisions that will affect the futures of corporations, communities and investors. This combined program offers you a direct path to an actuarial career with a financial sector specialization. In the program, you do all the Actuarial Mathematics coursework: studying statistics, probability, and learning mathematical models to solve problems involving uncertainty. Then, you combine accounting, economics and finance courses at the John Molson School of Business, learning to analyze the effects of time, money and risk on building wealth.

Plus, you can complete the Co-op program, working with actuaries who oversee the design, financing, and operation of insurance, pension and other benefit plans. At the end of your degree, you will enter a career field that has a great demand for specialists in actuarial finance. Our programs are provisionally accredited by the Canadian Institute of Actuaries (CIA). Grads gain exemptions to four of the preliminary professional exams of the Society of Actuaries and the Casualty Actuarial Society. Concordia University is designated as a Centre of Actuarial Excellence by the Society of Actuaries.

Program structure

A Bachelor of Arts or Science degree takes a minimum of three or four years (90 – 120 credits) of full-time study, depending on your academic background.


Program option

  • Specialization in Actuarial Mathematics/Finance (90 credits)


Courses


Co-op program

The Actuarial Mathematics Co-op program gives you the chance to do paid work terms for insurance companies or consulting firms as actuarial assistants or actuarial analysts. Co-op program students:

  • Learn computer programs used by actuaries to analyze data
  • Make defined benefit plan calculations and produce pension statements
  • Develop expertise writing professional reports
  • Become familiar with document preparation methodology


United States students: A U.S. Federal Student Aid-eligible version of this program is offered. This version meets all U.S. regulations (such as no co-operative education or e-courses) for eligible programs.

Admission criteria


Application deadlines

We consider complete applications year round and give priority to applicants who apply by official deadlines.


Fall term

FALL TERM

March 1 is the deadline to apply for fall term entry. International students are encouraged to apply by February 1 to allow sufficient time for CAQ and study permit application processing.

Late applications will be considered if places are still available. Please check program availability for the term, before you start your application.

Winter term

WINTER

Admission to this program is available for the Fall Term only.


We reserve the right to close admission to a program at any time after the official deadline without prior notice.


After your degree

Actuarial Mathematics alumni work in many fields requiring mathematics expertise, including:

  • Mathematical modelling
  • Investment banking
  • Finance and insurance
  • Pension management

Other programs of interest

Actuarial Mathematics (BA, BSc)
  • Honours
  • Specialization
  • Co-op
Actuarial Mathematics (BA, BSc)

If you want to learn how to predict the future, consider actuarial mathematics. Actuaries use their mathematical and statistical wizardry to solve problems involving risk and uncertainty.

Department

Faculty

Data Science (BA/BSc)
  • Major
Data Science (BA/BSc)

When you study data science and mathematics, you’ll use algorithms and computational theory to create mathematical models or define formulas that solve mathematical problems. In other words, you design new tools that can predict the future.

Department

Faculty

Mathematical and Computational Finance (BA, BSc)
  • Specialization
  • Co-op
Mathematical and Computational Finance (BA, BSc)

If you’re a problem solver, have great math skills and a keen interest in financial markets, Mathematical and Computational Finance is the field where these skills and interests intersect.

Department

Faculty

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