Actuarial Science - Master of Math (MMath)

    Actuarial Science - Master of Math (MMath) at University of Waterloo

    Actuarial Science - Master of Math (MMath) at University of Waterloo

    University of Waterloo offers the Master of Actuarial Science - Master of Math (MMath) as a full-time degree delivered on campus at its main campus in Waterloo, Canada. Taught in English and completed over 16 month(s), the program equips students with the theoretical knowledge and practical skills required for actuarial science - master of math (mmath) and related professional fields. Tuition fees are USD 5,489 / per term, and the next available intake begins on September 1, 2026.

    About Actuarial Science - Master of Math (MMath)

    Join a vibrant research environment and deepen your knowledge in one of our four areas of study with the Master of Mathematics in Actuarial Science.

    A research-based program, you'll be best suited to this program if you have a background in actuarial science, statistics, mathematics or other quantitative fields.

    The program focuses on research areas including actuarial science practice, actuarial science theory, finance and probability.

    With the flexibility to pursue a research paper or thesis option, you’ll have top-notch qualifications to conduct further research at the PhD level or pursue a career in business, industry, government agencies, research organizations, or academia. Our graduates are in demand and enjoy high degrees of job satisfaction.

    Requirements and Admission Criteria for Actuarial Science - Master of Math (MMath) at University of Waterloo

    Entry Requirements

    • A four-year honours bachelor degree with a significant actuarial science and/or statistics component.
      • Note: graduates of other quantitative and mathematically oriented programs are also encouraged to apply; this includes, but is not restricted to, graduates of commerce, economics, engineering, finance, and any of the physical sciences. The department graduate committee will determine the suitability of each student’s background for success in this program.
    • An overall 78% average from a Canadian university (or its equivalent).
    • An interview may be required.

    Fee Information

    Tuition Fee
    5,489 / per term
    Actuarial Science - Master of Math (MMath) at University of Waterloo
    University of Waterloo
    University of Waterloo
    Canada

    Canada, Waterloo

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