University of Calgary - Faculty of Science

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Actuarial Science

University of Calgary - Faculty of Science

Faculty:Faculty of Science
Degree:Bachelor; Honours
Field of Study:Actuarial Science
Length:4 Year(s)
Cost per year:*
National: $8,369
International: $28,257
Careers:Insurance Adjustors and Claims ExaminersMathematicians, Statisticians and ActuariesActuaries

Description:

How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments? Actuarial science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.

Prerequisites:

Grade for Entrance Previous Year (%)*77
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
  •  Grade12 English 
  •  Grade12 Mathematics 
  • 2 of  Grade12 Biology  or  Grade12 Mathematics  or  Grade12 Chemistry  or  Grade12 Physics  or  Grade12 Computer and Information Science  
Required courses for admission:


English Language Arts 30-1

Mathematics 30-1

Two of: Biology 30, Chemistry 30, Physics 30, Mathematics 31, CTS Computing Science 30 level (5 credits)

An approved course or option

* The entrance grade may change from year to year. Please contact the school for further information.

* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.

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Modified on August 10, 2023

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