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Actuarial Mathematics (BA, BSc)

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

Why study Actuarial Mathematics?

Actuaries use their mathematical and statistical wizardry to solve problems involving risk and uncertainty. This degree prepares you for actuarial work in insurance, with pension consulting firms, investment banks and in other areas of the financial sector.

Students in the program:

  • Receive a thorough grounding in mathematics, statistics and probability
  • Learn models to analyze and solve financial problems involving uncertainty
  • Learn about computer science, accounting, finance and economics
  • Take a broad approach to actuarial problem-solving by taking social sciences and humanities courses

Our programs are provisionally accredited by the Canadian Institute of Actuaries (CIA). Grads gain exemptions from 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 highlights

  • The Science First-Year Experience Program → for students from other Canadian provinces. Connect with other first-year science students and engage in interdisciplinary, research-based approaches to the foundational sciences. Learn more

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 options

  • Honours in Actuarial Mathematics (66 credits)*
  • Specialization in Actuarial Mathematics (60 credits)

*Admission is to the Specialization. Students in the specialization program seeking admission to the honours program may apply to the departmental honours advisor – normally following the completion of 30 credits.



Courses


Co-op program

The 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 in writing professional reports
  • Become familiar with document preparation methodology


Admission requirements


After your degree

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

  • Mathematical modelling
  • Insurance
  • Pension management
  • Actuarial consulting
  • Health benefits/planning

Other programs of interest

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  • Specialization
  • Co-op
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You want to model the future, solve problems involving risk, and make financial decisions that will affect the futures of corporations, communities and investors.

Department

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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

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Computer Science - Mathematics and Statistics (BCompSc, BSc, BA)

Crunch numbers to the nth degree — and see what happens. When you study computer 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.

Departments

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