Master of Mathematics (MMath) in Actuarial Science

The program information below was valid for the spring 2023 term (May 1, 2023 - August 31, 2023). This is the archived version; the most up-to-date program information is available through the current Graduate Studies Academic Calendar.

The Graduate Studies Academic Calendar is updated 3 times per year, at the start of each academic term (January 1, May 1, September 1). Graduate Studies Academic Calendars from previous terms can be found in the archives.

Students are responsible for reviewing the general information and regulations section of the Graduate Studies Academic Calendar.

Graduate research fields

  • Actuarial Science Practice
  • Actuarial Science Theory
  • Finance
  • Probability

Program information

  • Admit term(s) 
    • Fall
  • Delivery mode 
    • On-campus
  • Program type 
    • Master's
    • Research
  • Registration option(s) 
    • Full-time
    • Part-time
  • Study option(s) 

Admission requirements

  • Minimum requirements 
    • A four-year Honours Bachelor degree with a significant actuarial science and/or statistics component.
    • An overall 78% average from a Canadian university (or its equivalent).
    • An interview may be required.
  • Application materials 
    • Résumé
    • Supplementary information form
    • Transcript(s)
  • References 
    • Number of references:  3
    • Type of references: 

      normally from academic sources
  • English language proficiency (ELP) (if applicable)

Degree requirements

    Students can select the Thesis or Master’s Research Paper option while in the program.

    Thesis option:

  • Graduate Academic Integrity Module (Graduate AIM)
  • Courses 
    • Students must complete 4 one-term (0.50 unit weight) courses labelled ACTSC or STAT with an overall average of at least 70%. The 4 one-term courses must include ACTSC 895, and at least 2 900-level courses, of which at least 1 of the 900-level courses must be an ACTSC course. Other courses may be substituted subject to approval of the Associate Chair of Graduate Studies.
  • Link(s) to courses
  • Graduate Skills Workshop
    • Students must complete the Graduate Skills Workshop during the first year of the program.
  • Master’s Thesis
    • Students must complete a thesis and an oral presentation.

    Master's Research Paper option:

  • Graduate Academic Integrity Module (Graduate AIM)
  • Courses 
    • Students must complete 7 one-term (0.50 unit weight) courses labelled ACTSC or STAT with an overall average of at least 70%. The 7 courses must include:
      • ACTSC 895
      • 2 of ACTSC 855, ACTSC 962, ACTSC 964, or ACTSC 970
      • 1 of ACTSC 974, STAT 831, STAT 840, STAT 841, or STAT 906
      • At least 3 900-level courses must also be taken, and at least 5 of the 7 courses must be labeled ACTSC. Other courses may be substituted subject to approval of the Associate Chair of Graduate Studies.
  • Link(s) to courses
  • Graduate Skills Workshop
    • Students must complete the Graduate Skills Workshop during the first year of the program.
  • Master’s Research Paper
    • Students must complete a research paper that will be given a numeric grade which appears on the transcript beside the milestone.
Department of Statistics and Actuarial Science website
Master of Mathematics (MMath) in Actuarial Science future students program page