Membership & Education

Selection Process and Criteria

Applications will be evaluated by the selection committee based on the following criteria:

• Relevance of the MSc program to actuarial science: the type of program and the nature of its courses and proposed research;

• The applicant’s academic and/or professional record (GPA);

• Results of professional actuarial exams or CIA University Accreditation Program credits;

• Academic or professional goals;

• Academic/professional experiences;

• Letters of reference; and

• Other characteristics, such as communication skills, leadership experiences, and extracurricular activities.

The selection committee will make a recommendation to the Member Services Council (MSC) regarding the scholarship winners.

The MSC shall make the final decision on the number of awards to be granted (within the budgeted amounts) and to which candidates.

Successful applicants will be notified by e-mail and will have 14 days to accept or decline the offer of the scholarship award.