Actuarial Studies is a broadly-based commerce discipline that involves the study of mathematics, statistics, accounting, economics, and finance, and their application to long-term financial management.
Actuarial work is particularly relevant in life insurance and superannuation, and financial services such as funds management and banking. It includes the study of models used in insurance and superannuation to quantify and manage risks such as survival, sickness, retirement, accident, fire, flood, and fluctuations in asset values.
Manitoba high school graduation with five full credits at the Grade 12 level in courses designated as S, G or U. A minimum 85 percent average over the following courses, with no less than 60 percent in each course:
• English 40S,
• Pre-Calculus Math 40S (required)
• One of Biology 40S, Chemistry 40S, Computer Science 40S, or Physics 40S.
PREP COURSES
If you don’t have the appropriate high school courses, or you would like to refresh your knowledge in a subject area, the University offers the following preparatory courses.
Biology BIOL 1000, Biology: Foundations of Life
Chemistry CSKL 100, Chemistry Skills, Offered through Extended Education
Mathematics, Math Skills, Offered through Extended Education
Physics, PSKL 100, Physics Skills, Offered through Extended Education
Program Options
This is an interdisciplinary program leading to a Bachelor of Science (Honours) degree in Actuarial Mathematics offered in collaboration with the Warren Centre for Actuarial Studies and Research of the I.H. Asper School of Business.
The program covers mathematical, statistical, financial and economic concepts required to develop skills in the modelling and management of financial risk and contingent events. In the Facultyof Science the program has a greater emphasis on the mathematical and statistical courses than does the Actuarial Mathematics program offered by the I.H. Asper School of Business.
Leadership Opportunities
Your science degree opens doors to many careers in science, or you can go on to further study in a science related field, graduate program, or professional degree program, such as education, dentistry, medicine, optometry, pharmacy, rehabilitation sciences, or veterinary medicine.
Actuarial mathematics graduates can be found working in:
The University of Manitoba offers graduate programs in Mathematics for Master of Science and Doctor of Philosophy degrees.
The first step is to determine whether you have the prerequisites to apply to the Faculty of Science.
Tuition fees in Manitoba are among the most competitive in Canada and the University of Manitoba has a wide range of scholarships, bursaries, grants and loans to assist you.
Ready to apply to the Faculty of Science?
Whether you are looking to enter through U1, apply directly to the Faculty of Science or are transferring in, you can find all the information you need here.
The University of Manitoba Faculty of Science has a tremendous range of research opportunities that enrich the student experience on and off campus, with local and international partners.
There are also many leadership and volunteer experiences to expand your experience base, while contributing to the community.
Faculty of Science Advisors are available to assist you in person, by phone or on-line. Find an adviser and schedule an appointment here.
