Actuarial Science (MActSc)
University of Windsor, Canada
First Year Course Fee
USD 13,467
Course Accredited By
OUCQA
This is a Course based Master's program. The Master of Actuarial Science will prepare you for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world.
Actuarial science includes a number of interrelated subjects, including probability, mathematics, statistics, finance, economics, and mathematics of finance. The Master of Actuarial Science will prepare you for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world.
You will study and live in Canada for approximately 16 months (4 academic terms) while enrolled in a total of 12 courses.
- The courses will include actuarial mathematics as required for the Society of Actuaries (SOA) professional exams.
- As a professional graduate program, alumni of the M.Act.Sc program are well prepared for careers in insurance, pensions, and healthcare industries. Graduates can also participate in one of the regular offerings of the Society of Actuaries (SOA) exams offered on-site.
Enrollment Cycles
- September 2023
- January 2024
- May 2024
- 4 Year honours degree in a related field
- Minimum TOEFL: IBT-83
- Minimum IELTS: 6.5
- Minimum Pearson: 65
Additional Requirements
- Statement of Interest (max 2 pages)
- Curriculum Vitae (max 2 pages)
- Upon acceptance of an offer of admission a deposit of $4000 is due within 21-days. Please refer to the information on deposits included with your offer.
Degree Requirements
Total Courses: 12
- ACSC-8010. Probability for Risk and Actuarial Science
- ACSC-8020. Financial Mathematics, Theory of Interest
- ACSC-8030. Derivatives Markets I
- ACSC-8040. Derivatives markets II
- ACSC-8050. Life Contingencies I
- ACSC-8060. Life Contingencies II
- ACSC-8070. Short Term Actuarial Models
- ACSC-8100. Microeconomics
- ACSC-8110. Macroeconomics
- ACSC-8200. Regression and Time Series
- ACSC-8300. Mathematical Statistics for Actuarial Science
- ACSC-8400. Actuarial Science Capstone Project
The 12 required courses are scheduled over four semesters.
- Program Type: Graduate
- Major or Degree: Master of Actuarial Science
- Course Load: Full Time
- Fee Category: Canadian Citizen or Permanent Resident
- Term: Fall
- Residence: Alumni Hall - Single in a 2 Bedroom Suite
- Meal Plan: Full Meal Plan - moderate off campus flexibility.
- Estimated Total
- $ 15802.76
- Base Tuition
- Base Tuition - $ 8312.50 - Assessed each term