The Department of Statistics and Actuarial Science is a top-tier academic unit among statistical and actuarial science globally. Our community is engaged in topics such as actuarial science, biostatistics, data science, quantitative finance, statistics, & statistics-computing. Our department is home to 70 full-time faculty researching diverse and exciting areas, over 2000 undergraduate students from around the world, and approximately 200 graduate students in master, doctoral, and professional programs.
News
Marius Hofert awarded NSERC Discovery Accelerator Supplement
Associate Professor Marius Hofert was awarded a Natural Sciences and Engineering Council of Canada (NSERC) Discovery Accelerator Supplement for his suggested new work on copula modeling with generative neural networks.
No assumptions when tackling problems
While a high school student in Toronto, Maysum Panju knew that the University of Waterloo was the destination for math. While working on his undergraduate degree and Master’s in computational math, he started learning about machine learning. That led to his interests in developing algorithms and theoretical proofs and he decided to start his PhD in statistics.
New method for evaluating large portfolios
University of Waterloo Faculty to Mathematics researchers have developed a new method that enables large insurers to reduce the time spent estimating the financial liabilities of their portfolios from days to hours while achieving high accuracy.
A study details the new method which significantly reduces computational time, but still estimates the financial liability of variable annuity portfolios accurately for business purposes.