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Fall 2011
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Statistics and Actuarial Science

Programs

Actuarial Science (MMath)
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The Department of Statistics and Actuarial Science offers a Master of Mathematics in Actuarial Science.

Admission Requirements

Admission requirements for students admitted into the MMath - Actuarial Science program are as follows:

  • a four-year honour's Bachelor's degree with a significant statistics or/and actuarial science component;
  • an overall B+ (78%) average from a Canadian university (or its equivalent);
  • three letters of reference, normally from academic sources;
  • proof of competency in English (if applicable), including a TOEFL score of at least 600 and TWE of at least 4.5 for students required to take the Test of English as a Foreign Language. (A score of at least 250 is required on the computer version of the TOEFL.) (See Academic Regulations-English language Proficiency Certification for other acceptable tests of English.)

Admission Deadlines: Fall term (September): February 1 of the same year and Spring term (May): December 1 of the previous year.

Applicants who are not citizens or permanent residents of Canada and who are not already in Canada on a student visa should apply at least two months earlier than the above dates, to allow time for a visa application.


Degree Requirements

The requirements for the MMath degree in Actuarial Science are as follows:

i) Course work option:
  • Eight term-courses with an overall average of at least 70%. Courses are selected in consultation with the advisor, and the Graduate Officer for Actuarial Science. Normally, at least six of the eight term-courses should be labelled ACTSC. At least three 900-level courses must be taken, at least two of which must be labelled ACTSC. Substitution of relevant non-ACTSC courses is subject to approval of the Associate Chair of Graduate Studies.
  • Completion of Research and Teaching Seminar during the first year of the program.
  • MMath Milestone Master's Research Paper
ii) Thesis option:
  • Four one-term courses with an overall average of at least 70%. The four one-term courses should include at least one 900-level Actuarial Science course.
  • Completion of Research and Teaching Seminar during the first year of the program
  • A Master's Thesis

A student can select the coursework or thesis option in consultation with their supervisor. This can be done after registering in the program. 


Graduate Studies Office
Needles Hall, Room 2201
University of Waterloo
Waterloo, Ontario, Canada N2L 3G1
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