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 more than 40 research active full-time faculty working in diverse and exciting areas. The Department is also home to over 900 undergraduate students and about 150 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 kilometers west of Toronto.

  1. Sept. 29, 2016READI or not: Indonesian actuarial workshops begin

  2. Sept. 21, 2016SSHRC Grant is awarded to Yeying Zhu, University of Waterloo

    SSHRC Grant is awarded to Yeying Zhu, University of Waterloo

    The Social Sciences and Humanities Research Council (SSHRC) has chosen Yeying Zhu as the recipient of a grant worth $51,145 for her research on the causal mechanism of reputation in e-commerce.

  3. June 15, 2016Professor Emerita Mary Thompson receives an honorary degree from Western University

     Western to honour renowned academic, artistic, community and business leaders at 307th convocation

    Mary Thompson
    Wednesday, June 15, 3 p.m.
    Doctor of Laws, honoris causa (LL.D.)

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Meet our people

David Saunders
Associate Professor

Contact Information:
David Saunders

David Saunders's personal website

Research interests

Decision making under uncertainty is prevalent in all human endeavours. The pervasive need to make critical decisions while faced with imperfect knowledge of the future is perhaps most acute in the area of finance. This has resulted in a commensurate demand for tools that allow market participants to analyze and manage their risks effectively. Professor Saunders' research focuses on the application of stochastic optimization and probability, particularly to problems in finance.