University of Waterloo - Graduate Studies

Actuarial Science and Quantitative Finance - Doctor of Philosophy (PhD)

University of Waterloo - Graduate Studies

Faculty:Statistics and Actuarial Science
Degree:Doctorate
Field of Study:Actuarial Science
Financial Mathematics
Thesis Based:Yes
Length:48 Month(s)
Cost per year:*
Provincial: $6,762
National: $6,762

Cost is an approximation for the first year of the program.



Careers:Mathematicians, Statisticians and Actuaries

Description:

Join a vibrant research environment and generate new knowledge in one of our four areas of study with the PhD in Actuarial Science and Quantitative Finance.

You'll be best suited to this program if you have completed a master’s or bachelor’s degree in statistics, actuarial science, mathematics, or other quantitative disciplines.

The program focuses on research areas including actuarial science practice, actuarial science theory, finance and probability. 

At the end of the program, you’ll have top-notch qualifications to pursue a career in academia, business, industry, government agencies, or research organizations. Our graduates are in demand and enjoy high degrees of job satisfaction.

Prerequisites:

Grade for Entrance Previous Year (%)*78
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.

    A master's degree in statistics, actuarial science, or mathematics, completed or expected is required. Applicants must also have at least an overall 78% average from a Canadian university (or its equivalent).

    Additional Admission Requirements:
    • Letter(s) of Reference
    • Resume/Curriculum Vitae
    • Statement of Research Interests

    Transcripts and program-specific questions are required. Before applying to the program, students are strongly advised to establish contact with potential supervisors.

    * 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 September 09, 2025

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