Progression

Students will need to follow the progression requirements for their chosen program (Major, Advanced Major, or Honours). Typically, a student intending to complete a degree in Mathematics with a Concentration in Actuarial Science will take the following courses in their first year:

  • MATH 106 or 126
  • MATH 107 or 127
  • BSAD 101
  • BSAD 102
  • CSCI 161
  • ECON 101 
  • ECON 102

In their second year, students will have to consult the Academic Calendar to determine their applicable major/advanced major/honours requirements. In addition to completing their program requirements, students should complete the following courses towards their Actuarial Science Concentration:

  • STAT 101 or STAT 231
  • BSAD 221
  • BSAD 241
  • MATH 236

Normal progression through the program would mean students would complete their applicable major/advanced major/honours requirements in addition to the following courses in their third and fourth years:

  • BSAD 342
  • STAT 333
  • STAT 331
  • STAT 334

The following courses are approved for VEEs by the Society of Actuaries:

  • STAT 334
  • ECON 101
  • ECON 102
  • BSAD 241
  • BSAD 342

Recommendations:

  • STAT 445 is strongly recommended
  • STAT 357 (435), STAT 331, STAT 445, and MATH 236 covers some of the material on the new SOA (starting September 2018) “Statistics for Risk Modeling Exam”. 

Note: Always consult the current Academic Calendar to make sure the option chosen is in concordance with your chosen degree’s requirements.