Non-accredited Canadian universities offering actuarial studies
Canada has very strong university-level actuarial programs. Canadian universities have a global reputation for excellence in the quality and rigour of their programs, and they are well-positioned to introduce leading-edge techniques and progressive research to advance the profession. These universities offer actuarial studies but are not part of the University Accreditation Program (UAP).
The statistics (honours) program offers a concentration in actuarial science. Building on the B. Math statistics (honours) program, this concentration provides a targeted sequence of courses in business and economics so that students meet all three undergraduate validation by educational experience (VEE) course requirements and have the background to write all three undergraduate level exams set out by the Society of Actuaries (SOA) for professional designation with the CIA.
For more information, please contact:
Dr. Shirley E. Mills
Associate Professor, School of Mathematics and Statistics
Carleton University
Tel: 613-520-2600 ext. 2199
Website: https://admissions.carleton.ca/programs/actuarial-science/
The Department of Mathematics and Statistics at McMaster University offers a four-year honours BSc in Actuarial and Financial Mathematics. The program is also available with a co-op option beginning in the third year. The co-op option features two eight-month work terms, which adds an additional year to a student’s required time for completion.
The university has courses accredited for all three of the VEEs and covering the syllabus of the first four actuarial exams. The program draws from the department’s research groups in statistics and financial mathematics.
For more information, please contact:
Dr. David Lozinski
Department of Mathematics and Statistics, McMaster University, Hamilton, Ontario L8S 4K1
Tel: 905-525-9140 ext. 27034
Fax: 905-522-0935
Website: http://www.math.mcmaster.ca/
The University of New Brunswick (UNB) in Fredericton offers a Certificate in Actuarial Studies, which is given to students in any major who:
a) Complete all five VEE courses; and
b) Take courses that partially prepare them for Exams P, FM, and MLC.
The certificate is not a degree program, but is intended to encourage students to start thinking as early as possible about preparing for the first few actuarial exams. It is not aiming for exam equivalence at this stage, but it has produced students who have obtained positions at actuarial and consulting firms.
While the certificate program is only intended for UNB undergraduates at present, it was specifically designed to be open to all mathematically-talented students regardless of their major.
For more details, contact Jeff Picka, department of mathematics and statistics.
Website: https://www.unb.ca/fredericton/science/depts/math-stats/undergraduate/actuarial-science.html
The School of Mathematical and Computational Sciences at UPEI offers undergraduate programs in Mathematics, Computer Science, Statistics, Analytics, Financial Mathematics and Actuarial Science as well as master’s programs in these areas. Programs are offered in an integrated School promoting cross-disciplinary synergies and innovative teaching approaches.
We offer two programs in actuarial science. The B.Sc. Major in Actuarial Science program prepares students to write the early SOA Exams. The B.Sc. Major in Actuarial Science with Pre-professional Specialization is a more comprehensive program that prepares the students to write the entire suite of exams required to apply for Associate status from the SOA or the CIA. Both of these programs are also offered in a co-op format.
For more information, please contact:
Gordon MacDonald, Professor and Associate Dean
School of Mathematical and Computational Sciences
University of Prince Edward Island, Charlottetown, Prince Edward Island C1E 4P3
Tel: 902-628-4330
E-mail: [email protected]
Website: https://www.upei.ca/programs/actuarial-science
Students in any of the honours bachelor of science programs in mathematics and statistics may take courses within these programs, which will prepare them for most of the materials in the exams of the SOA, up to and including course 150. Some of these courses are specifically designed for actuarial studies, although there is no separate actuarial studies program.
Tel: 613-545-2438
Fax: 613-545-2964
Website: https://www.queensu.ca/academic-calendar/arts-science/schools-departments-programs/mathematics-statistics/
The Department of Mathematics and Statistics offers a Concentration in Actuarial Science, taken as part of a mathematics major, and a Certificate in Actuarial Science which may be taken by students in other major programs. Both the Concentration and Certificate programs provide a foundation for pursing the professional education pathways and include courses accredited for VEE recognition by the SOA.
For more information, please contact:
Dr. Joe Apaloo, Professor, Department of Mathematics and Statistics
Dr. Keith De’Bell, Professor, Department of Mathematics and Statistics
Website: https://www.stfx.ca/programs-courses/programs/actuarial-science
Students in the Bachelor of Mathematics programs at the University of Windsor may take courses in mathematics and statistics, which will prepare them for exams P, FM, LTAM and all of the VEE requirements. Some of these courses are specifically designed for actuarial studies, although there is no separate undergraduate actuarial studies program.
In addition, the University of Windsor offers a professional Master of Actuarial Science program, which prepares students for exams P, FM, IFM, LTAM, SRM, STAM, as well as covering most VEE requirements.
For more information, please contact:
Dr. Myron Hlynka, Department of Mathematics and Statistics
Tel: 519-253-3000 (ext. 3014)
Fax: 519-971-3649
Website: https://future.uwindsor.ca/mathematics-statistics
Actuarial studies at York University are conducted in the framework of the Mathematics for Commerce Program at the Department of Mathematics and Statistics. Three distinct routes to obtaining a Bachelor diploma currently exist, with the Specialized Honours Degree being most comprehensive and preparing the students to write the P and FM exams at the end of their second year, the MLC and MFE exams at the end of their third year, and the C exam at the end of their fourth (final) year. All the VEE requirements are also taught with the corresponding courses being approved by the SOA.
For more information, please contact:
Dr. Edward Furman
Tel: 416-736-5250, ext 33768
Fax: 416-736-5757
Website: https://www.yorku.ca/science/actuarial-science/