Actuarial Science

Students in this academic plan must fulfil all the requirements in Table 1 and Table 2. This must include a minimum special major average (MAV) of 70%, 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
  • AMATH 250 Introduction to Differential Equations
  • AMATH 251 Introduction to Differential Equations (Advanced Level)
  • AMATH 350 Differential Equations for Business and Economics
• 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
  • 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
• One additional 300-level or 400-level math course

Notes

1. Students currently or previously enrolled in the Business Administration and Mathematics double degree academic 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 academic 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 STAT 333, and STAT 373 is not an acceptable substitute for STAT 331.
4. Students previously enrolled in the Mathematics/Chartered Professional Accountancy academic 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.