Actuarial Science

University of Waterloo

Canada, Waterloo

University RankQS Ranking

115

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Home/Canada/Waterloo /University of Waterloo/Actuarial Science

University of Waterloo

Canada , Waterloo

Key Facts

Program Level

Bachelor

Study Type

Full Time

Delivery

On Campus

Campuses

Main Site

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 28,970 / per year

Next Intake September-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.

Career

What can you do with a degree in Actuarial Science?

Waterloo Actuarial Science graduates commonly pursue careers in finance, management, education, actuary, risk analysis, and consulting. They often work at insurance companies, financial institutions, schools, and more.