Actuarial Mathematics (BSc)

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 4 Years
Mode On Campus
Level Undergraduate
Degree Bachelors Degree
Closing soon January 2027

Course Overview

The BSc Actuarial Mathematics at the University of Manitoba provides you with a robust grounding in the quantitative methods essential for a career in risk management and financial analysis. This undergraduate program is ideal for students drawn to the intersection of mathematics, statistics, and finance, preparing you for the challenges of the insurance and actuarial industries. You will explore core actuarial concepts, including financial derivatives and regression modelling, developing the analytical acumen demanded by this dynamic field. This degree equips you with the foundational knowledge to pursue professional actuarial designations.

You will study this program full-time on campus over four years, engaging with a curriculum that includes key courses such as Actuarial Models, Multivariable Calculus, and Introduction to Statistics. Throughout your degree, you will develop practical skills through sample course offerings and gain experience in statistical computing and data analysis. The University of Manitoba's Actuarial Mathematics program prepares you to graduate with the expertise needed for roles in insurance companies, consulting firms, and financial institutions, pursuing pathways in risk assessment, pricing, and financial modelling.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This BSc program in Actuarial Mathematics provides a comprehensive foundation in the mathematical and statistical techniques essential for the actuarial profession. Students will explore core actuarial models, financial derivatives, and regression modeling, alongside essential calculus and statistics courses. The curriculum is designed to equip graduates with the analytical skills needed to assess financial risk and manage insurance and pension plans.

1 Sample course offerings

Actuarial Models 1
Actuarial Models 2
Financial Derivatives for Actuarial Practice
Regression Modelling in Actuarial Science
Actuarial Aspects of Investment Practice
Multivariable Calculus
Introduction to Statistics and Computing
Statistics and Computing

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 17,606.00
Second Year Fee Tuition fee
USD 17,606.00
Third Year Fee Tuition fee
USD 17,606.00
Fourth Year Fee Tuition fee
USD 17,606.00
Total Program Cost Estimated total tuition
USD 70,425.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 528.00 - USD 659.00
Food & Groceries USD 6,068.00 - USD 6,934.00
Transport USD 867.00 - USD 1,734.00
Utilities & Bills USD 1,110.00 - USD 3,467.00
Estimated Total USD 8,045.00 - USD 12,135.00

Living cost estimates are based on Fort Garry Campus.

Outcomes & Employability

What happens after you graduate

90%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Accounting & AuditingAdvertising Finance & OperationsBrokerage & Trading & SecuritiesDigital MarketingEducational Support ServicesEnergy Engineering & InfrastructureHealthcare ConsultingHydropower & Alternative RenewablesMarketing Analytics & Data ManagementSocial Media & Community Management

Top Employers Hiring for this course

Canada Life

Deloitte

Government of Manitoba

Manitoba Hydro

RBC

RRC Polytech

TD Bank

The University of Winnipeg

Why Study Actuarial Mathematics (BSc) at University of Manitoba

What makes this program stand out

January 2027 Closing soon

Next intake is in January 2027

Life at University of Manitoba in Canada

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Actuarial Mathematics (BSc) at University of Manitoba

Can I work while studying?

International students can work up to 24 hours per week off-campus during term time and unlimited hours during breaks. They can also work unlimited hours on campus without needing a separate work permit.

What English language score do I need for this course?

To meet the English requirements, students must achieve specific scores on tests like Duolingo, TOEFL, IELTS, or PTE. For example, a Duolingo overall score of 105 is required.

What jobs can I get after studying this course?

Possible job titles include Actuary, Risk Analyst, Insurance Underwriter, Data Analyst, and Financial Consultant.

What will I actually study in this course?

This program offers a solid foundation in mathematical and statistical techniques essential for actuarial roles. It prepares students for careers in insurance and finance, focusing on analytical skills.

When can I start — what are the intake months?

The Actuarial Mathematics program has three intake months: January, May, and September. Students can start their studies in any of these terms.
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