Membership & Education
A Career as an Actuary
Canadian Universities Offering Actuarial Studies
The University of Calgary offers a minor, major, and honours degree program in actuarial science. The required courses cover most of the material for the associateship examinations of the Society of Actuaries and Casualty Actuarial Society. A co-operative education degree program in actuarial science is also available, allowing students to supplement their classroom experience with 16 to 20 months of work terms in the actuarial industry. Students can combine an actuarial program with a second degree program in commerce, economics, or statistics. Instruction in commerce is provided by the Faculty of Management, which also houses Canada’s first English university-level specialization and chair in insurance and risk management. Courses offered by the Insurance and Risk Management Faculty cover many of the senior associateship and fellowship examination topics.
Dr. R.S. Ambagaspitiya, Dr. David P.M. Scollnik, Dr. Alex Badescu, Department of Mathematics and Statistics
Tel: (403) 220-5202
The online Undergraduate Calendar of Concordia University gives a full description of our actuarial programs (see http://registrar.concordia.ca/calendar/31/31.200.html). Here is an executive summary.
Dr. Jose Garrido, Director, Actuarial Mathematics Program, Department of Mathematics and Statistics, Concordia University
Tel: (514) 848-3250
The École d’actuariat of the Université Laval offers actuarial programs at the undergraduate, doctoral, and post-doctoral levels. These cover the various areas of expertise required to practise the profession and include paid, for-credit co-op opportunities. In addition, these programs offer students excellent preparation for most of the professional exams. The École d’actuariat qualifies for the Canadian Institute of Actuaries’ University Accreditation Program, and is recognized as a Center of Actuarial Excellence by the Society of Actuaries. The École d’actuariat’s graduates can be found the world over, contributing to the school’s stellar international reputation.Isabelle Larouche, director of undergraduate programs, actuarial science.
Hélène Cossette, director of doctoral and post-doctoral programs, actuarial science
The Actuarial Mathematics program at the University of Manitoba is one of the oldest in North America, having offered actuarial courses since 1912. Over 700 graduates have become Associates or Fellows of the Society of Actuaries (SOA) or the Casualty Actuarial Society. Currently, three undergraduate programs leading to BComm (Hons.) or BSc (Hons.), and one master’s program (MSc in Management), are offered and administrated under the Warren Centre for Actuarial Studies and Research. The Warren Centre has been recognized as a Center of Actuarial Excellence by the SOA since 2009. It was ranked as the best actuarial program in Canada in the 2010 Knight Schools survey, and was accredited by the CIA under its University Accreditation Program in 2011.
Dr. Jeffrey Pai, Director, Warren Centre for Actuarial Studies and Research
Tel: (204) 474-7426
L’orientation actuariat du programme de BSc spécialisé en mathématiques vise à donner une formation générale en mathématiques à l’étudiant et à le préparer aux examens de la Society of Actuaries et de la Casualty Actuarial Society. Des cours en démographie, sciences économiques, administration, droit des assurances et informatique compléteront sa formation. Une version de type coopératif avec quatre stages en milieu de travail est offerte.
Sabin Lessard, Directeur, Département de mathématiques et de statistique
Tél: (514) 343-6710
Students in any of the honours bachelor of science programs in mathematics and statistics may take courses within these programs, which will prepare them for most of the materials in the exams of the Society of Actuaries up to and including course 150. Some of these courses are specifically designed for actuarial studies, although there is no separate actuarial studies program.
Dr. Malcolm Griffin, Department of Mathematics and Statistics
Tel: (613) 545-2438 or 545-2390
The Department of Mathematics and Statistics is the largest department in the faculty of science at the University of Regina, and offers degrees in mathematics and statistics both at the undergraduate and graduate levels. The department has offered a program in actuarial science since September 2000. Interested students begin this program in their first year (see program details following). There are also courses offered online. The department strives to make it possible for students to transfer in or out of the actuarial science program in the first or second year. Successful students graduate with a bachelor of science degree in actuarial science. The actuarial science program provides a strong statistical and mathematical background in preparation for (most of) the required associateship courses of the Society of Actuaries and the Casualty Actuarial Society. The program allows for optional courses from other related disciplines, such as, administration, economics, computer science, mathematics and statistics.
Dr. Douglas Farenick, Professor & Head
Tel: (306) 585-4148
Simon Fraser University
The Statistics and Actuarial Science Department at Simon Fraser University offers major and honours degrees in actuarial science. These programs include actuarial, mathematics, statistics, business and economics courses and prepare students to attempt the first four courses of the Society of Actuaries and part of the fifth and sixth courses. There is also a certificate program in actuarial mathematics that is designed to assist graduates from non-actuarial fields.
Dr. Gary Parker, Actuarial Program Coordinator
Students who enrol in the four-year Specialist Program in Actuarial Science are prepared to write Exam P (CAS Exam 1). By the end of their second year, students will have taken courses to earn credit for Exam FM (CAS Exam 2). At the end of their fourth year, students will have taken courses to earn credit for Exams MLC (CAS Exam 3L), MFE (CAS Exam 3F), and C (CAS Exam 4). In addition, there are courses in the program related to material in some specialty fellowship exams.
Mr. Samuel Broverman
UQAM (Université du Québec à Montréal)
Le département de mathématiques offre un programme de baccalauréat en actuariat d’une durée de trois ans. Le programme traite les différents aspects de l’actuariat : l'assurance vie et non-vie, l’assurance collective, les régimes de retraite, la finance et investissements. De nombreux stages sont offerts aux étudiants tout au long du baccalauréat.
M. Frédéric Michaud, D.Sc., AICA, CFA
The Department of Statistics and Actuarial Science at the University of Waterloo is home to one of the largest and most highly renowned actuarial science groups in North America. The program for the bachelor of mathematics with honours in actuarial science covers a wide range of courses, including full coverage of the material of the SOA/CAS courses 1-4, partial coverage of SOA courses 5, 6 and 8 and of CAS course 5. Many students graduate with four SOA passes, some with more. With eight actuaries on the faculty the range of courses offered is broad and extends beyond the SOA and CAS syllabi.
Candidates wishing to major in actuarial science should apply to the honours mathematics program in their first year. In second year students are invited to declare their major.
Many students combine Actuarial Science in a double honours program with Statistics. Minors in Computer Science are also common.
The University also offers MMath and PhD programs in actuarial science.
Dr. Mary Hardy, Undergraduate Advisor
Tel: (519) 888-4492
Western Ontario offers courses in actuarial sciences, statistics, mathematics and economics that cover the first four exams of the Society of Actuaries and the Casualty Actuarial Society, as well as some topics on later exams. We also offer an industry internship program and an exchange program with City University, London, UK. Degrees offered are as follows: Honours BSc. in Actuarial Science (AS) along with AS programs combined with mathematics, statistics, computer science and economics. MSc in statistics with emphasis in AS.
Mr. Steve Kopp, FCIA, FSA
Actuarial studies at York University are conducted in the framework of the Mathematics for Commerce Program at the Department of Mathematics and Statistics. Three distinct routes to obtaining a Bachelor diploma currently exist with the Specialized Honours Degree being most comprehensive and preparing the students to write the P and FM exams at the end of their second year, the MLC and MFE exams at the end of their third year and the C exam at the end of their fourth (final) year. All the VEE requirements are also taught with the corresponding courses been approved by the SOA.
Dr. Edward Furman
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