Actuarial Mathematics is an interdisciplinary program leading to a Bachelor of Science (Honours) degree. The program covers mathematical, statistical, financial and economic concepts required to develop skills in the modelling and management of financial risk and unpredictable events.
Actuarial Mathematics (BSc)
University Rank:#643
Duration4 year(s)
Tuition FeeCAD 17,475 / per year
Next IntakeSeptember 1, 2026
Actuarial Mathematics (BSc)
About
Disciplines
Faculty of Science
Requirements
Entry Requirements
Admission requirements
To declare the BSc Honours in Actuarial Mathematics you first must be accepted to the Faculty of Science. The following are the minimum requirements for entry into the Faculty of Science.
Direct entry means you are applying to the program directly out of high school or have completed fewer than 24 credit hours at a recognized university or college.
Missing some requirements? Students who do not meet the direct entry admission requirements may apply to University 1 to prepare for entry into the Faculty of Science. You may be able to declare your specific Major when you transit or you can transit to the General degree. University 1 students who qualify may transit to the Faculty of Science using Aurora Student. See the Academic Calendar for entry requirements specific to this program.
Advanced entry Applicants are those who have completed one year (24 credit hours) or more of studies in another faculty at the University of Manitoba or another recognized post-secondary institution.
Note: When you apply to the Faculty of Science as a Direct or Advanced entry student, you do not select your Major areas of study (e.g., Biochemistry, Computer Science, Statistics, etc.). Each Major or Honours program has specific entry requirements and may be declared once you have completed a minimum of 24 credit hours of coursework, generally at the end of your first or second year of studies. For full details, please visit the Academic calendar.
English Requirements
- PTEMin 58
- IELTSMin 6.5
- TOEFLMin 86
English Program Requirements
English language proficiency test options
If your primary language is not English, you must demonstrate your proficiency in the use of the English language by meeting any of the options listed below.
The information in this section applies to students entering most undergraduate programs of study, except for the Faculty of Law and International Dentist Degree Program (IDDP), which have their own acceptable tests and minimum required scores. Please refer to the applicant information bulletin for program specific admission requirements.
If you are applying for admission to a graduate program, please check your program for information on each program’s English language proficiency requirements.
Results for language tests expire two years from the test date and must be valid at the beginning of your admission term. Please confirm the validity of your test results.
Test options
IAEP (Intensive Academic English Program)
- Minimum score required: Pass Level 5/AEPUCE (Academic English Program for University and College Entrance)
IELTS (Academic - computer or paper) or IELTS Indicator (International English Language Testing System)
- Minimum score required: 6.5 overall
- Minimum score of 6.0 in each of the four modules (listening, reading, speaking, writing)
- IELTS One Skill Retake results are accepted by the Undergraduate Admissions Office, University of Manitoba
CAEL (Canadian Academic English Assessment) - Online or Test Centre
- Minimum score required: 60
TOEFL iBT or TOEFL iBT Paper Edition or TOEFL iBT Home Edition (Test of English as a Foreign Language)
- For tests taken before January 20, 2026, minimum score required:
- Minimum overall score of 86, and
- Minimum component scores:
- 20 in Reading
- 20 in Writing
- 20 in Listening
- 20 in Speaking
- For tests taken on January 21, 2026 onward, minimum score required:
- Minimum overall score of 4.5, and
- Minimum component scores:
- 4.0 in Reading
- 4.0 in Writing
- 4.0 in Listening
- 4.0 in Speaking
Cambridge Assessment English: C1 Advanced
- Minimum score required: 180
Cambridge Assessment English: C2 Proficiency
- Minimum score required: 180
Pearson Test of English
- Minimum score required: 58
- Minimum overall score of 120, and
- Minimum component scores:
- 105 in Literacy
- 105 in Comprehension
- 105 in Production
- 105 in Conversation
* Test not accepted for Faculty of Law or IDDP program
Career
Open the door with career opportunities
The program prepares students for careers as professional actuaries in the following industries, to name a few:
- Insurance
- Funds management
- Actuarial consulting firms
- Banks
It can also be a steppingstone to graduate studies, leading to even more opportunities in the fields of law, medicinal studies or architecture.
Fee Information
Tuition Fee
17,475 / per year
Actuarial Mathematics (BSc)
University of Manitoba
Canada, Winnipeg