Courses for your Actuarial Science degree

First-year courses

You may also select advanced-stream courses for algebra, calculus, and computer science if you meet the requirements. Details will be sent during course selection in June.

September to December

  • MATH 135 – Algebra for Honours Mathematics
  • MATH 137 – Calculus 1 for Honours Mathematics
  • Choose one course from
    • CS 115 – Introduction to Computer Science 1
    • CS 135 – Designing Functional Programs
  • MTHEL 131 - Introduction to Actuarial Practice
  • One communication skills course

January to April

  • MATH 136 – Linear Algebra 1 for Honours Mathematics
  • MATH 138 – Calculus 2 for Honours Mathematics
  • Choose one course from
    • CS 116 – Introduction to Computer Science 2
    • CS 136 – Elementary Algorithm Design and Data Abstraction
  • Two electives

This is a sample schedule. Courses or when a course is offered may change depending on availability.

Note: You're encouraged to take AFM 101, ECON 101, or ECON 102 as first-year electives to satisfy the degree requirements for Actuarial Science.

After first year

The majority of your required courses will be Actuarial Science courses with additional courses in Statistics and Mathematics. With your remaining classes, you can choose electives from many of the 100 subject areas at Waterloo.

View a list of all the courses required for your degree.

Sample upper-year courses

ACTSC 372 – Investment Science and Corporate Finance
ACTSC 431 – Casualty and Health Insurance Mathematics 2
ACTSC 432 – Credibility and Risk Theory
ACTSC 445 – Quantitative Enterprise Risk Management
ACTSC 454 – Longevity and Mortality Using Predictive Analytics
ACTSC 455 – Life Contingencies 3


Advisors are here to help

With so much flexibility, you might have a lot of questions. We're here to help! If you're applying for admission, contact our Faculty of Math recruitment co-ordinator.

Once you're a Waterloo student, you'll have access to academic advisors who can help you

  • choose your courses,
  • select minors and specializations,
  • ensure that you're meeting the requirements for your degree, and more.

Learn more

Overview of Waterloo's Actuarial Science degree program.