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2015-2016

The Undergraduate Calendar

 

 

Academic Plans and Requirements

Actuarial Science

Actuarial Science/Finance Option

Students in this plan must fulfill all the requirements in Table I and Table II. This must include at least 26 math courses, and the following specific requirements:

One of

MATH 237 Calculus 3 for Honours Mathematics
MATH 247 Calculus 3 (Advanced Level)

One of

MATH 239 Introduction to Combinatorics
MATH 249 Introduction to Combinatorics (Advanced Level)
AMATH 231 Calculus 4
AMATH 250 Introduction to Differential Equations

All of

AFM 101 Introduction to Financial Accounting
AFM 102 Introduction to Managerial Accounting
ACTSC 231 Mathematics of Finance
ACTSC 232 Life Contingencies 1
ACTSC 331 Life Contingencies 2
ACTSC 371 Introduction to Investments
ACTSC 372 Corporate Finance
ACTSC 431 Loss Models 1
ACTSC 445 Quantitative Risk Management
ACTSC 446 Mathematical Models in Finance
ECON 101 Introduction to Microeconomics
ECON 102 Introduction to Macroeconomics
MTHEL 131 Introduction to Actuarial Practice
MTHEL 300 Professional Communications in Statistics and Actuarial Science
STAT 330 Mathematical Statistics
STAT 331 Applied Linear Models
STAT 333 Applied Probability
STAT 340 Computer Simulation of Complex Systems

Four additional courses chosen from

Any 300- or 400-level ACTSC course
AFM 424/AFM 472 Equity Investments
STAT 431 Generalized Linear Models or STAT 433 Stochastic Processes
STAT 443 Forecasting

Notes

  1. Students currently or previously enrolled in the Business Administration and Mathematics Double Degree plan may substitute:
    • ECON 120W for ECON 101.
    • ECON 140W for ECON 102.
    • BUS 127W for AFM 101.
    • BUS 247W for AFM 102.
    • BUS 283W for ACTSC 371.
    • BUS 362W for MTHEL 300.
    • BUS 393W for ACTSC 372.
    • BUS 473W for AFM 424/472 in the 'Four of' list of ACTSC courses and alternatives.
  2. Students currently or previously enrolled in the following plans: Business Administration and Mathematics Double Degree, Mathematics/Business Administration, Mathematics/Financial Analysis and Risk Management, Information Technology Management, and Mathematical Optimization – Business Specialization may substitute:
    • STAT 371 for STAT 331.
  3. STAT 334 is not an acceptable substitute for STAT 330 or 333, and STAT 373 is not an acceptable substitute for STAT 331.


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