Today’s global economy relies on the insurance sector to manage risk. Effective risk management makes it possible for economies to generate wealth steadily and efficiently. In an ever-more interconnected global business environment, there’s a growing need for a large corps of qualified, skilled employees to keep these systems running.
This minor program is designed to train students from a variety of major or specialization backgrounds in the methods that are essential in today’s insurance and finance industries, including hybrid insurance and financial vehicles and derivatives.
Minor in Quantitative Finance and Insurance (24 credits)
The minor must be combined with an Honours, specialization or major program.
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.
Minimum cut-off averages should be used as indicators. The cut-off data may change depending on the applicant pool. Applicants who meet the stated minimum requirements are not guaranteed admission to these programs.
We consider complete applications year round and give priority to applicants who apply by official deadlines.
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.
November 1 is the deadline to apply for winter term entry. International students are encouraged to apply by September 1 to allow sufficient time for CAQ and study permit application processing.
Not all programs are available for winter term entry. Please check program availability for the term, before you start your application.
We reserve the right to close admission to a program at any time after the official deadline without prior notice.
After your degree
This minor prepares students for working in quantitative roles in the financial industries. Students will acquire skills including trading, portfolio optimization, asset pricing, underwriting, risk management and marketing. These are relevant to roles in banking, asset management, life insurance, property and casualty insurance and reinsurance.
Other programs of interest
Mathematics and Statistics (BA, BSc)
Mathematics is a language that answers real-world questions in science and engineering. Statistics is the science of information.