Actuarial Science

    Actuarial Science

    Duration4 year(s)
    Tuition Fee
    CAD 20,948 / per year
    Next IntakeSeptember 1, 2026

    Actuarial Science

    About

    How will the stock market perform next February? How much will insurance companies pay out in claims next year? With an Actuarial Science degree from Waterloo, you’ll have the answers.

    In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools.

    Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for.

    Whether you choose the regular stream or the co-op stream, you'll graduate ready to enter a great job market with great prospects and high starting salaries.

    Disciplines

    Faculty of Mathematic

    Requirements

    Entry Requirements

    Actuarial Science admission requirements

    Ontario students: six Grade 12 U and/or M courses including

    • Advanced Functions
    • Calculus and Vectors
    • Any 4U English
    • One other 4U course

    Recommended course: Grade 11 U Introduction to Computer Science

    Admission averages: Individual selection from the mid-80s

    How to apply

    Apply to Mathematics and choose Actuarial Science as your major at the end of first year. There are supplementary information forms, including the Admission Information Form, which are required for admission. We'll email you detailed instructions once we receive your application.

    We strongly encourage you to participate in the Canadian Senior Mathematics Contest and/or the Euclid Mathematics Contest to enhance your admissions status.

    To be considered for entrance scholarships in the Faculty of Mathematics, you must write one or both of the contests. If you complete both contests, we'll use the results of the contest in which you performed best.

    English Requirements

    • PTEMin 63
    • IELTSMin 6.5
    • TOEFLMin 90

    Career

    Fee Information

    Tuition Fee
    20,948 / per year

    Actuarial Science

    University of Waterloo

    University of Waterloo

    Canada

    Canada, Waterloo