Welcome to the Department of Statistics and Actuarial Science

The Department of Statistics and Actuarial Science is among the top academic units for statistical and actuarial science in the world and is home to about 50 research active full-time faculty working in diverse and exciting areas. The Department is also home to around 1000 undergraduate students and about 175 graduate students in programs including Actuarial Science, Biostatistics, Quantitative Finance, Statistics, and Statistics-Computing.

We are located on University of Waterloo main campus, which is located at the heart of Canada's Technology Triangle about 100 kilometres west of Toronto.

  1. May 31, 2019Master of Actuarial Science (MACTSC) 10th AnniversaryMACTSC 10th Anniversary Banner

    In 2019, the Master of Actuarial Science (MActSc) professional degree program will be celebrating 10 wonderful years at the University of Waterloo. 

    MActSc is an internationally renowned program in actuarial science and risk management, and is located within the Department of Statistics and Actuarial Science. This fast track professional program is only offered to the best and brightest students from around the world. Once accepted these students receive one-on-one interpersonal training from prominent faculty in the field of actuarial science. After 10 rigorous and demanding years, staying on the cutting edge of the industry and training the most elite in this field, the MActSc program will be celebrating by hosting a banquet dinner on May 31, 2019. 

    This event will be great opportunity for past and current students, faculty, and industry supporters to celebrate their hard work over the past decade.     

  2. Mar. 22, 2019Become a CAS Student Central Ambassador!

    If you are interested in becoming a CAS student ambassador, please fill out the web form.

    UW and the Casualty Actuarial Society (CAS) are seeking motivated and passionate students for the role of ambassador for the CAS Student Central membership program. As a CAS Student Central Ambassador, you will act as a champion for the CAS and the property and casualty profession at Waterloo by:

    • Helping to facilitate CAS University Liaison campus visits and presentations each semester
    • Increasing student awareness of the resources and opportunities available through CAS Student Central, and
    • Assisting with the development of CAS Student Central


    • There will be two ambassadors, ideally with alternating co-op terms if one or both are co-op students
    • Ambassadors commit to a two-year term, with responsibilities expected to require 12 hours of work each semester
    • You must have sat for at least 1 actuarial exam by Fall 2019

    Read more

  3. Jan. 24, 2019Master of Quantitative Finance ranks #1 in Canada

    The Master of Quatitative Finance program has been recgonized as the top quantitative finance master's program in Canada. 

    Risk.net's Quant Finance Master Guide 2019 has updated their world ranking of the top 15 leading quatitative finance master's programmes.  University of Waterloo's Master of Quatitative Finanace (MQF) secrured the top spot within Canada and 12th overall globally.   

    Risk.net lists that they have determined their ranking by considering: 

    "metrics including graduate salaries, programme selectivity, student-lecturer contact hours and faculty research scores to run the rule over more than 40 leading quantitative finance-focussed master’s programmes worldwide. Particular weight was given to average graduate salaries and a strong employment rate."

    Risk.netQuant Finance Master’s Guide 2019

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Meet our people

Matthias Schonlau

Matthias Schonlau


Contact Information:
Matthias Schonlau

Matthias Schonlau's personal website

Research interests

Professor Schonlau's research interests include applied survey sampling and survey methodology, machine learning from text data such as open-ended questions as well as software implementation of his research.