Statistics and Actuarial Science

Admission Requirements

Admission requirements for students admitted into the MMath - Actuarial Science program are as follows:

• a four-year honour's Bachelor's degree with a significant statistics or/and actuarial science component;
• an overall B+ (78%) average from a Canadian university (or its equivalent);
• three letters of reference, normally from academic sources;
• proof of competency in English (if applicable), including a TOEFL score of at least 600 and TWE of at least 4.5 for students required to take the Test of English as a Foreign Language. (A score of at least 250 is required on the computer version of the TOEFL.) (See Academic Regulations-English language Proficiency Certification for other acceptable tests of English.)

Admission Deadlines: Fall term (September): February 1 of the same year and Spring term (May): December 1 of the previous year.

Applicants who are not citizens or permanent residents of Canada and who are not already in Canada on a student visa should apply at least two months earlier than the above dates, to allow time for a visa application.

Degree Requirements

The requirements for the MMath degree in Actuarial Science are as follows:

i) Course work option:

• Eight term-courses with an overall average of at least 70%. Courses are selected in consultation with the advisor, and the Graduate Officer for Actuarial Science. Normally, at least six of the eight term-courses should be labelled ACTSC. At least three 900-level courses must be taken, at least two of which must be labelled ACTSC. Substitution of relevant non-ACTSC courses is subject to approval of the Associate Chair of Graduate Studies.
• Completion of Research and Teaching Seminar during the first year of the program.
• MMath Milestone Master's Research Paper

ii) Thesis option:

• Four one-term courses with an overall average of at least 70%. The four one-term courses should include at least one 900-level Actuarial Science course.
• Completion of Research and Teaching Seminar during the first year of the program
• A Master's Thesis

A student can select the coursework or thesis option in consultation with their supervisor. This can be done after registering in the program.