Membership & Education
 

Université du Québec à Montréal

Websites:

Le baccalauréat en actuariat:
http://www.math.uqam.ca/actuariat/bacc_actu.php

La maîtrise en mathématiques actuarielles et financières:
http://www.math.uqam.ca/actuariat/maitrise.php


Name of Actuarial Science Programs:

  • Baccalauréat en actuariat
  • Maîtrise en mathématiques actuarielles et financières

Description of the Actuarial Science Program:

The department of mathematics offers a three-year bachelor’s program in actuarial studies. The program examines the various aspects of actuarial science: life and non-life insurance, group insurance, pension plans, finance, and investment. Numerous internship opportunities are available to students throughout the program.

The department also offers a master’s program in actuarial and financial mathematics, enabling students to further their knowledge and understanding of insurance, finance, modelling, and quantitative risk management. Subjects such as natural disasters, climate change, segregated funds, and population aging are explored.

UQAM is recognized as a Centre of Actuarial Excellence by the Society of Actuaries.

Credits for 2017-2018:

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1    ACT 1200 Mathématiques financières I   B+
FM/2 #2     
FM/2 #3    

FM/2 #4        
 
MFE/3F #1    ACT 4310 Mathématiques de la finance actuarielle I  B
MFE/3F #2    ACT 5310  Mathématiques de la finance actuarielle II B
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1    ACT 3300  Mathématiques de l'assurance de personnes I B
MLC #2    ACT 4300  Mathématiques de l'assurance de personnes II B
MLC #3   ACT 6051  Modèles actuariels en assurance de personne I B
MLC #4        
 
C/4 #1 ACT 3400   Distribution de sinistres B
C/4 #2   ACT 4400   Modèles de survie B
C/4 #3   ACT 5400  Crédibilité B
C/4 #4  
 

Details – 2017–2018 transition

Many rules are to be observed given the change of program at UQAM. The detail for each exam credit is described in the following.

Exam FM
ACT1200, Mathématiques financières I, completed in 2017–2018
or
ACT1200, Mathématiques financières I, completed in 2016–2017
ACT3122, Actuariat II, completed in 2016–2017

Exam MFE
ACT4310, Mathématiques de la finance actuarielle I, completed in 2017–2018
ACT5310, Mathématiques de la finance actuarielle II, completed in 2018–2019
or
ACT3122, Actuariat II, completed in 2016–2017
ACT6220, Mathématiques financières IV, completed in 2016–2017/2017–2018

Course matching between 2016-2017 and 2017-2018
ACT3122 Actuariat II (in 2016-2017) becomes ACT4310 Mathématiques de la finance actuarielle I (2017-2018)
ACT6220 Mathématiques financières IV (2016-2017, 2017-2018) will become ACT5310 Mathématiques de la finance actuarielle II (2018-2019)

Exam MLC
ACT3300, Mathématiques de l’assurance de personnes I, completed in 2017–2018
ACT4300, Mathématiques de l’assurance de personnes II, completed in 2017–2018
ACT6051, Modèles actuariels en assurance de personnes, completed in 2018–2019

Course matching between 2016-2017 and 2017-2018
ACT3030 Mathématiques actuarielles I (2016-2017) becomes ACT3300 Mathématiques de l'assurance de personnes I (2017-2018)
ACT4020 Mathématiques actuarielles II (2016-2017) becomes ACT4300 Mathématiques de l'assurance de personnes II  (2017-2018)
ACT6121 Actuariat III (2016-2017, 2017-2018) will become ACT6051 Modèles actuariels en assurance de personnes  (2018-2019)


Exam C
ACT3400, Distribution de sinistres, completed in 2017–2018
ACT4400, Modèles de survie, completed in 2017–2018
ACT5400, Crédibilité, completed in 2018–2019

Course matching between 2016-2017 and 2017-2018
ACT4121 Mathématiques actuarielles III (2016-2017) becomes ACT3400 Distribution de sinistres (2017-2018)
ACT5120 Modèles de survie (2016-2017, 2017-2018) becomes ACT4400 Modèles de survie (2017-2018)
ACT3040 Crédibilité (2016-2017, 2017-2018) will become ACT5400 Crédibilité (2018-2019)               

 
Credits for 2016-2017:

 

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1   ACT 1200*
Mathématiques financières I 
B
FM/2 #2  ACT 3122**
 Actuariat II B
FM/2 #3    

FM/2 #4        
 
MFE/3F #1   ACT 6220
 Mathématiques financières IV B
MFE/3F #2   ACT 6121
 Actuariat III B
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1   ACT 3030
 Mathématiques actuarielles I B
MLC #2   ACT 4020
 Mathématiques actuarielles II B
MLC #3   ACT 6121
Actuariat III  B
MLC #4        
 
C/4 #1 ACT 4121
Mathématiques actuarielles III  B
C/4 #2   ACT 5120 Modèles de survie
B
C/4 #3   ACT 3040 Crédibilité
B
C/4 #4  
 

Note - Exam FM:
ACT2025 (prior program) becomes ACT1200 (new program). Both courses have exactly the same syllabus.

*ACT 1200 is available as of Fall 2016 only.

**ACT2025 (completed before September 1, 2016) or ACT1200 and ACT3122 if completed after September 1, 2016. If ACT 3122 is completed before August 30, 2016, ACT 2320 completed before August 30, 2016 must be added.


Credits for 2015-2016:

SOA/CAS Exam Reference University Course Reference Course Title
Minimum Grade
 
 
FM/2 #1   ACT 2025
Mathématiques financières I 
B
FM/2 #2  ACT 3122
 Actuariat II B
FM/2 #3   ACT 2320  Mathématiques financières III
FM/2 #4        
 
MFE/3F #1   ACT 6220
 Mathématiques financières IV B
MFE/3F #2   ACT 6121
 Actuariat III B
MFE/3F #3  
 
MFE/3F #4  
 
 
MLC #1   ACT 3030
 Mathématiques actuarielles I B
MLC #2   ACT 4020
 Mathématiques actuarielles II B
MLC #3   ACT 6121
Actuariat III  B
MLC #4        
 
LC #1 ACT 3030
 Mathématiques actuarielles I B
LC #2 ACT 4020
 Mathématiques actuarielles II B
LC #3
 
LC #4
 
 
C/4 #1 ACT 4121
Mathématiques actuarielles III  B
C/4 #2   ACT 5120 Modèles de survie
B
C/4 #3   ACT 3040 Crédibilité
B
C/4 #4  
 


Credits for 2014-2015:

SOA/CAS Exam Reference University Course Reference Minimum Grade
 
FM/2 #1   ACT 2025 B
FM/2 #2   ACT 3122 B
FM/2 #3   ACT 2320 B
FM/2 #4      
 
MFE/3F #1   ACT 6220 B
MFE/3F #2   ACT 6121 B
MFE/3F #3      
MFE/3F #4      
 
MLC #1   ACT 3030 B
MLC #2   ACT 4020 B
MLC #3   ACT 6121 B
MLC #4  
 
3L/LC #1* ACT 3030 B
3L/LC #2*   ACT 4020 B
3L/LC #3*  

3L/LC #4*  

 
C/4 #1 ACT 4121 B
C/4 #2   ACT 5120 B
C/4 #3   ACT 3040 B
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 2025 B
FM/2 #2   ACT 3122 B
FM/2 #3   ACT 2320 B
FM/2 #4      
 
MFE/3F #1   ACT 6220 B
MFE/3F #2   ACT 6121 B
MFE/3F #3      
MFE/3F #4      
 
MLC #1   ACT 3030 B
MLC #2   ACT 4020 B
MLC #3   ACT 6121 B
MLC #4  
 
3L #1 ACT 3030 B
3L #2   ACT 4020 B
3L #3   MAT 3071 B
3L #4   ACT 5120 B
 
C/4 #1 ACT 4121 B
C/4 #2   ACT 5120 B
C/4 #3   ACT 3040 B
C/4 #4      


Credits for 2012-2013:

SOA/CAS Exam Reference University Course Reference Minimum Grade 
 
FM/2 #1   ACT 2025 B
FM/2 #2   ACT 3122 B
FM/2 #3   ACT 2320 B
FM/2 #4      
 
MFE/3F #1   ACT 6220 B
MFE/3F #2   ACT 6121 B
MFE/3F #3      
MFE/3F #4      
 
MLC #1   ACT 3030 B
MLC #2   ACT 4020 B
MLC #3   MAT 3071
B
MLC #4   ACT 6121 B
 
3L #1 ACT 3030 B
3L #2   ACT 4020 B
3L #3   MAT 3071 B
3L #4   ACT 5120 B
 
C/4 #1 ACT 4121 B
C/4 #2   ACT 5120 B
C/4 #3   ACT 3040 B
C/4 #4      

Note:

The CIA will grant candidates credits based on the achievement of the Credit Grade towards Associate (ACIA) and Felllow (FCIA) membership in 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, AIA
  • Institute of Actuaries of Australia (IAA): AIAA, FIAA

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