Membership & Education
 

Université de Montréal

Website: www.dms.umontreal.ca

Name of Actuarial Science Programs:

  • Baccalauréat spécialisé en mathématiques, orientation actuariat
  • Baccalauréat spécialisé en mathématiques, orientation actuariat COOP

Description of the Actuarial Science Program:

The actuarial concentration of the BSc in Mathematics seeks to provide future actuaries with all the tools they will need (labour market and preparedness for the SOA, CAS, and CIA professional exams), while at the same time offering an excellent education in mathematics, statistics, and finance. In addition to actuarial, finance, math, and statistics courses, students will round out their curriculum with courses in information technologies, economics, and demography. The Université de Montréal is the only Francophone university offering a co-op program (COOP). COOP students complete three employment internships during their undergraduate studies. Non-COOP students can also complete two credited internships during their studies. The Université de Montréal’s program is recognized by the Canadian Institute of Actuaries as part of their accreditation program.

Credits for 2017-2018:

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1   ACT 1240*   Mathématiques financières B+
FM/2 #2
 
FM/2 #3        
FM/2 #4        
 
MFE/3F #1   ACT 2241   Produits dérivés et gestion de risque B+
MFE/3F #2   ACT 3230-6230  Finance mathématique  B+
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1   ACT 2250   Mathématiques de l'assurance-vie 1 B
MLC #2   ACT 2251   Mathématiques de l'assurance-vie 2 B
MLC #3  
 
MLC #4        
 
C/4 #1 ACT 2284   Mathématiques de l'assurance IARD B+
C/4 #2   ACT 3251**   Théorie du risque B
C/4 #3  

C/4 #4  
 

Clarification on credit requirements for Exam FM/2

* ACT 1240 completed before September 2017 with a grade of B+ or higher can also be used alone for FM/2 credit, subject to the three-year sunset clause.

** Grade of B or higher is applicable only from September 2017.


Credits for 2016-2017:

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1   ACT 1240
Mathématiques financières 
B+
FM/2 #2 ACT 2241
Produits dérivés et gestion de risque  B+
FM/2 #3        
FM/2 #4        
 
MFE/3F #1   ACT 2241
Produits dérivés et gestion de risque  B+
MFE/3F #2   ACT 3230-6230*
Finance mathématique  B+
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1   ACT 2250
Mathématiques de l'assurance-vie 1  B
MLC #2   ACT 2251
Mathématiques de l'assurance-vie 2
B
MLC #3  
 
MLC #4        
 
C/4 #1 ACT 2284
Mathématiques de l'assurance IARD  B+
C/4 #2   ACT 3251 Théorie du risque
A-
C/4 #3  

C/4 #4  
 


Credits for 2015-2016:

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1   ACT 1240
Mathématiques financières 
B+
FM/2 #2 ACT 2241
Produits dérivés et gestion de risque  B+
FM/2 #3        
FM/2 #4        
 
MFE/3F #1   ACT 2241
Produits dérivés et gestion de risque  B+
MFE/3F #2   ACT 3230-6230*
Finance mathématique  B+
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1   ACT 2250
Mathématiques de l'assurance-vie 1  B
MLC #2   ACT 2251
Mathématiques de l'assurance-vie 2
B
MLC #3  
 
MLC #4        
 
LC #1 ACT 2250
Mathématiques de l'assurance-vie 1  B
LC #2  ACT 2251
Mathématiques de l'assurance-vie 2
B
LC #3  MAT 2717
 Processus stochastiques B
LC #4  
 
 
C/4 #1 ACT 2284
Mathématiques de l'assurance IARD  B+
C/4 #2   ACT 3251 Théorie du risque
A-
C/4 #3  

C/4 #4  
 

* Note :
Le cours ACT 6230 deviendra un cours à double sigle en 2015-2016 (cours ACT 3230-ACT 6230). Le contenu de ce cours demeure inchangé par rapport à 2014-2015.

Credits for 2014-2015:

SOA/CAS Exam Reference University Course Reference Minimum Grade
 
FM/2 #1   ACT 1240
B+
FM/2 #2   ACT 2241
B+
FM/2 #3  

FM/2 #4      
 
MFE/3F #1   ACT 2241
B+
MFE/3F #2   ACT 6230 B+
MFE/3F #3      
MFE/3F #4      
 
MLC #1   ACT 2250 B
MLC #2   ACT 2251 B
MLC #3  

MLC #4  

 
3L/LC #1* ACT 2250 B
3L/LC #2*   ACT 2251 B
3L/LC #3*   MAT 2717
B
3L/LC #4*  

 
C/4 #1 ACT 2284
B+
C/4 #2   ACT 3251
A-
C/4 #3      
C/4 #4      
 
* Note:
- 3L: granted for courses taken up to August 2014 (the CAS will automatically convert 3L credit to LC credit);
- LC: granted for courses taken beginning September 2014.

Credits for 2013-2014:

SOA/CAS Exam Reference University Course Reference Minimum Grade
 
FM/2 #1   ACT 1240
B+
FM/2 #2   ACT 2241
B+
FM/2 #3  

FM/2 #4      
 
MFE/3F #1   ACT 2241
B+
MFE/3F #2   ACT 6230 B+
MFE/3F #3      
MFE/3F #4      
 
MLC #1   ACT 2250 B
MLC #2   ACT 2251 B
MLC #3  

MLC #4  

 
3L #1 ACT 2250 B
3L #2   ACT 2251 B
3L #3   MAT 2717
B
3L #4   STT 2700
B
 
C/4 #1 ACT 2284
B+
C/4 #2   ACT 3251
A-
C/4 #3      
C/4 #4      


Note:

The CIA will grant candidates credits based on the achievement of the Minimum Grade towards Associate (ACIA) and Felllow (FCIA) membership with the CIA.  At the time of this agreement, CIA credits are recognized by the following actuarial organizations towards their respective designations:

  • Casualty Actuarial Society (CAS): ACAS, FCAS
  • UK Institute and Faculty of Actuaries (IFoA): FIA
  • Institute of Actuaries of Australia (IAA): AIAA, FIAA

The CIA does not guarantee that credits granted to students under the CIA UAP will be recognized by any other actuarial organizations towards their actuarial designations.