Actuarial Science

Predict the future — without a crystal ball

A student in the Actuarial Science program at the University of Waterloo.

How will the stock market perform next February? How much will insurance companies pay out in claims next year? With an Actuarial Science degree from Waterloo, you’ll have the answers.

In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools.

Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for.

Whether you choose the regular stream or the co-op stream, you'll graduate ready to enter a great job market with great prospects and high starting salaries.

#1First faculty of mathematics in North America

BreifAvailable as a co-op and regular program

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Actuarial Science admission requirements

Apply to Mathematics and choose Actuarial Science as your major at the end of first year. Once you've applied, you'll need to complete the Admission Information Form as part of the application process.

We strongly encourage you to participate in the Canadian Senior Mathematics Contest and/or the Euclid Mathematics Contest to enhance your admissions status.

To be considered for entrance scholarships in the Faculty of Mathematics, you must write one or both of the contests. If you complete both contests, we'll use the results of the contest in which you performed best.

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Focus your studies by adding a specialization in Finance or Predictive Analytics, preparing you for careers in business, insurance, and finance.

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Monthly topics include how to choose a program, what it's like to be a Waterloo student, the differences between high school and university, and more.

Questions? Ask a student!

Contact a Faculty of Mathematics student ambassador to learn about their experience in the program.

Ask them questions such as why they chose their program, what the classes are like, and how you can get involved on campus.


ClickApply via Mathematics and choose Actuarial Science as your major

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CapEarn a Bachelor of Mathematics in Actuarial Science


Ready to learn more?

Skip the professional exams

Because the Canadian Institute of Actuaries has accredited Waterloo’s Actuarial Science program, you can be exempted from several of their exams.

Social and academic support

Through the student-run Actuarial Science Club, you can find a mentor, get career advice, or meet new friends over board games and bubble tea.