Actuarial Mathematics/Finance (BA, BSc)

Concordia University Montréal

Canada, Montreal West

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415

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Concordia University Montréal

Canada , Montreal West

Key Facts

Program Level

Bachelor

Study Type

Full Time

Delivery

On Campus

Credit point

120 Points

Campuses

Sir George Williams (SGW)

Program Language

English

Start & Deadlines

Next Intake DeadlinesSeptember-2026

Apply to this program

Go to the official application for the university

Duration 4 year(s)

Tuition Fee

CAD 33,920 / year

Apply Date February-2023

Next Intake September-2026

Actuarial Mathematics/Finance (BA, BSc)

About

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.

Disciplines

Faculty of Arts & Science

Requirements

Entry Requirements

Minimum cut-off averages and course requirements

Quebec CEGEP: 29 overall, 32 math and science
- Admission is based on the CRC requirements indicated above and completion of the following classes as part of their DEC: Calculus 1, Calculus 2, Linear Algebra; Mechanics, Electricity and Magnetism and Wave, Optics and Modern Physics; General Chemistry and Chemistry of Solutions; General Biology (OR Cellular Biology AND Ecology and Evolution)
- Additional information for CEGEP applicants
High School: A overall, A math and science
- Canadian curricula course requirements
- Accepted international qualifications
- One math from Pre-Calculus, Calculus, or equivalent
- Two sciences (from Biology, Chemistry or Physics)
- ACT or SAT is not required
- AP exams are not required but may qualify you for advanced standing
International Baccalaureate (IB) diploma: 35 overall, 5 HL or 6 SL math, 6 science
- one math (Applications and Interpretations HL, Analysis and Approaches HL or Analysis and Approaches SL)
- one science (Physics, Chemistry or Biology, either SL or HL)
- one of the math or science courses must be completed at the HL level
International Baccalaureate Career-related Programme (CP): 5.8/7 overall, 5 HL or 6 SL math, 6 science
- one math (Applications and Interpretations HL, Analysis and Approaches HL or Analysis and Approaches SL)
- one science (Physics, Chemistry or Biology, either SL or HL)
- one of the math or science courses must be completed at the HL level
- Additional Career-related Programme (CP) course requirements
Baccalauréat français: 16 overall, 16 math and science
- Première: Spécialité mathématiques and Spécialité physique-chimie
- Terminale: Spécialité mathématiques (also accepted, Spécialité Physique-Chimie and Mathématiques Complémentaires)
- Additional information for Baccalauréat français applicants
British system of education (GCE):
- A-levels: At least two A-level exams AA, A in math, A in science or
- AS-levels: At least 4 AS-level exams with equivalent results or
- BTEC: Level 3 Diploma or Extended Diploma in a related subject area with equivalent results
- Students without math or science A-levels may be admissible based on AS-level or iGCSE/GCSE/O-Level exam results. Students should include all their exam results from iGCSE (or equivalent) onwards to support their application.
- Additional information for British System of Education (GCE) applicants
University Transfers (internal/external): A- overall, A- math and science
- Courses in the disciplines of Calculus, Linear Algebra, Biology, Chemistry and Physics

You must meet Concordia's minimum admission requirements

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.

English Program Requirements

English language Requirements

Results must be less than two years old at the time of your application in order to be accepted as proof of language proficiency. Depending on your test score, you may be required to take a placement test after being admitted to Concordia. This placement test will determine whether you need to enroll in English Second Language (ESL) courses while pursuing your degree, usually within the first year.

TOEFL

Test of English as a Foreign Language

TOEFL iBT or TOEFL iBT Special home edition: 70
Tests taken January 2026 or later (new TOEFL score scale): 4.0 with no section below 3.5
To ensure your TOEFL results are forwarded directly to Concordia University, you must indicate 0956.00 as the “Institution Code” when you write the test. “MyBest Scores” are accepted.

IELTS

International English Language Testing System

6 with no component under 5.5
Candidates must take the “Academic Module.” The IELTS One Skill Retake and IELTS Online are accepted.
The Concordia University Language Test Centre offers the IELTS test.