Master of Actuarial Science University of Windsor

About this Program

Level: Master of Actuarial Science

Discpline: Other Physical Sciences and Mathematics

Length: 4 semesters

Check My Eligibility
Application Fee: $125.00
Tuition Fee: $20,413.70

Windsor Campus

Starting Deadline Status
Sep, 2024 Jul 1, 2024 open

Program Description

Actuarial science includes a number of interrelated subjects, including probability, mathematics, statistics, finance, economics, and mathematics of finance. The Master of Actuarial Science will prepare you for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world. Based on five key criteria: environment, income, employment outlook, physical demands and stress, the career of actuary has been listed as #1 in the U.S. in 2010 by the job search website CareerCast. You will study and live in Canada for approximately 16 months (4 academic terms) while enrolled in a total of 12 courses. The courses will include actuarial mathematics as required for the Society of Actuaries (SOA) professional exams; P (Probability), FM (financial mathematics), MLC (Actuarial Models: Life Contingencies), MFE (actuarial Models: Financial Economics), C (Construction and evaluation of actuarial models) and SOA VEE (validation by educational experience) topics in economics, finance, and statistics. As a professional graduate program, alumni of the M.Act.Sc program are well prepared for careers in insurance, pensions, and healthcare industries. Graduates can also participate in one of the regular offerings of the Society of Actuaries (SOA) exams offered on-site.

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Study and Work in Canada

Full-time undergraduate and post-graduate international students can work anywhere on or off campus without a work permit. The rules around the number of hours a student will be allowed to work may vary based on the country the student chooses to study in. International students are typically able to work up to 20 hours a week.