Actuarial Science

Students in this plan must fulfil all the requirements in Table 1 and Table 2. 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)

All of

AFM 101 Introduction to Financial Accounting
ACTSC 231 Introductory Financial Mathematics
ACTSC 232 Life Contingencies 1
ACTSC 331 Life Contingencies 2
ACTSC 363 Casualty and Health Insurance Mathematics 1
ACTSC 372 Investment Science and Corporate Finance
ACTSC 431 Casualty and Health Insurance Mathematics 2
ACTSC 446 Mathematics of Financial Markets
AMATH 250 Introduction to Differential Equations
ECON 101 Introduction to Microeconomics
ECON 102 Introduction to Macroeconomics
ENGL 378/MTHEL 300 Professional Communications in Statistics and Actuarial Science
MTHEL 131 Introduction to Actuarial Practice
STAT 330 Mathematical Statistics
STAT 331 Applied Linear Models
STAT 333 Stochastic Processes 1

One of

STAT 340 Stochastic Simulation Methods
STAT 341 Computational Statistics and Data Analysis

Two additional 400-level ACTSC courses.

Two additional courses chosen from

Any 300-or 400-level ACTSC course
AFM 424 Equity Investments
STAT 431 Generalized Linear Models and their Applications
STAT 433 Stochastic Processes
STAT 441 Statistical Learning - Classification 
STAT 443 Forecasting

Notes

1. Students currently or previously enrolled in the Business Administration and Mathematics double degree plan may substitute:
   
   • BUS 121W for MTHEL 131.
   • BUS 127W for AFM 101.
   • BUS 362W for ENGL 378/MTHEL 300.
   • BUS 393W for ACTSC 372 (to meet one of the additional 300- or 400-level ACTSC course requirement).
   • BUS 473W for AFM 424.
   • ECON 120W for ECON 101.
   • ECON 140W for ECON 102.
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:
   
   • AMATH 350 for AMATH 250.
   • STAT 371 for STAT 331.
3. STAT 334 is not an acceptable substitute for STAT 330 or STAT 333, and STAT 373 is not an acceptable substitute for STAT 331.
4. Students previously enrolled in the Mathematics/Chartered Professional Accountancy plan may substitute:
   • ECON 100 for ECON 101.
5. Non-math courses, even when used as substitutions for math courses, are not to be included as math courses in counts and averages. See Table 1.
6. MTHEL 131 is strongly recommended for students with an interest in Actuarial Science.