Concordia University

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Actuarial Mathematics/Finance (BA, BSc)

Concordia University

Faculty:Faculty of Arts and Science
Degree:Bachelor; Co-op
Field of Study:Actuarial Science
Finance, General
Length:4 Year(s)
Cost per year:*
Provincial: $4,567
National: $10,678
International: $30,436
Application #:74
Enrolment #:%
Acceptance Rate:
Scholarships:14
Careers:Banking, Credit and Other Investment ManagersInsurance Adjustors and Claims ExaminersMathematicians, Statisticians and Actuaries

Description:

Model the future, solve problems involving risk, and make financial decisions that will affect the futures of corporations, communities and investors. This combined program offers you a direct path to an actuarial career with a financial sector specialization. In the program, you do all the Actuarial Mathematics coursework: studying statistics, probability, and learning mathematical models to solve problems involving uncertainty. Then, you combine accounting, economics and finance courses at the John Molson School of Business, learning to analyze the effects of time, money and risk on building wealth.

Plus, you can complete the Co-op program, working with actuaries who oversee the design, financing, and operation of insurance, pension and other benefit plans. At the end of your degree, you will enter a career field that has a great demand for specialists in actuarial finance. Our programs are provisionally accredited by the Canadian Institute of Actuaries (CIA). Grads gain exemptions to four of the preliminary professional exams of the Society of Actuaries and the Casualty Actuarial Society. Concordia University is designated as a Centre of Actuarial Excellence by the Society of Actuaries.

Prerequisites:

Grade for Entrance Previous Year (%)*90
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
  •  Grade12 Precalculus  or  Grade12 Calculus  or  Grade12 Calculus and Vectors  or  Grade12 Advanced Functions 
BSc

Cegep applicants: 30 overall, 30 math and science
  • Natural Science DEC or
  • DEC intégré en sciences, lettres et arts or
  • Linear Algebra; Calculus 1 & 2; Mechanics, Electricity and Magnetism; Waves, Optics and Modern Physics; General Chemistry; Chemistry of Solutions and General Biology

High School: A overall, A math and science
  • One math from Pre-Calculus, Calculus, or equivalent
  • Two sciences (from Biology, Chemistry or Physics)




BA

Cegep applicants: 30 overall, 30 math
  • Linear Algebra; Calculus 1 & 2

High School: A overall, A math
  • One math from Pre-Calculus, Calculus, or equivalent



See the program page on our website for more details on admissions requirements, including requirements for International Baccalaureate, Baccalauréat français, GCE, or university transfer applicants.
Additional Admission Requirements:
  • Statement of Research Interests
The Department of Mathematics and Statistics accepts a limited number of top-ranked students into the Specialization in Actuarial Mathematics/Finance program. Applicants are required to submit a letter of intent outlining the purpose and reason for selecting this program/discipline. The letter of intent should be approximately 200 words long; it should outline your background and goals, and explain why this program will help meet those goals.

* 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 October 10, 2023

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