Vous êtes maintenant dans la zone de contenu principale

Actuarial Science

Identify, assess and manage risks to achieve success in the financial and insurance industries

The specialization is also designed to gain some Validation by Educational Experience (VEE) credit with the Society of Actuaries.

The Society of Actuaries is the sole authority on credit recognition for VEE.

A minimum cumulative GPA of 5.5 (70%) is required to pass from the second year to the third year of the program. Students in good standing but not meeting the GPA requirement will be transferred to the B.A. in Mathematics.

Conseiller aux études

Peter Adamic

Téléphone : 705.675.1151 x 2325

Courriel : PAdamic@laurentian.ca

Bureau : Fraser Auditorium, FA-368. Secretary - Louise Rancourt 705.675.1151 x 2310

Comment faire une demande Ce programme vous intéresse?
Vue aérienne de l'Université Laurentienne
Le Grand Sudbury est la plus vaste ville en Ontario par superficie terrestre, où les activités de plein air ne manquent pas grâce aux lacs et cours d’eau, terrains variés, forêts et réseaux complets de pistes et de sentiers.
Méthode de livraison : Sur campus
Langue du programme : Anglais

Successful completion of the actuarial specialization does not guarantee that candidates will become qualified actuaries. Students will be required to pass exams administered by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS) in order to practice as an Actuary in Canada or the United States. Students should start writing actuarial exams while enrolled in university and should continue writing exams after graduation as well. Significant portions of the material for the following SOA exams will be covered by the specialization: Exam P, Exam FM. Furthermore, some portion of the material for the following exams will also be covered: Exam IFM, Exam LTAM, Exam STAM, Exam SRM, Exam PA. The specializations also offer the possibility to gain either some or all of the VEE (Validation by Educational Experience) credit with the SOA.

Ontario High School Applicants

1 grade 12 English U/M course

1 grade 12 4U Advanced Functions

1 additional grade 12 U/M Math course

3 other grade 12 U/M courses 

A minimum overall average of 70% in the 6 best grade 12 U/M courses


Additional information for applicants who have completed Advanced Placement courses.

Additional information for applicants who have completed the International Baccalaureate.

 

Applicants from outside an Ontario High School 

International Students

Canadian High School Applicants from outside Ontario

Applicants from Colleges

Applicants from other Universities

Mature Students

Note pour les étudiants actuels

Les options de grade ci-dessous seront offertes lors de la prochaine année universitaire et ne le sont pas cette année. Si vous cherchez les cours à suivre afin de compléter les options d'un programme d'une année universitaire antérieure, svp consultez avec un conseiller académique.


Students must follow these regulations in order to meet graduation requirements for the BA or B.Sc.

 

Specialization in Actuarial Science  B.A. (Honours)

1st year:

ACCT 1001E     Understanding and Using Financial Information

ACCT 2001E     Introductory Accounting

ECON 1006E     Introduction to Microeconomics

ECON 1007E     Introduction to Macroeconomics

MATH 1036E     Calculus I

MATH 1037E     Calculus II

MATH 1056E     Discrete Mathematics I

MATH 1057E     Linear Algebra I

+ 6 elective credits in ARTS

2nd year:

COSC 2836E     Software for Sciences

FNCE 3006E     Financial Management I

FNCE 3007E     Financial Management II

MATH 2037E     Advanced Calculus

MATH 2056E     Discrete Mathematics II

MATH 2057E     Linear Algebra II

MATH 2066E     Introduction to Differential Equations

STAT 2246E     Statistics for Scientists

+ 6 elective credits in ARTS

3rd year:

*MATH 3206E     Introduction to Actuarial Mathematics

MATH 3236E     Probability and Statistics

*MATH 3237E     Regression Analysis   OR   ECON 3466E     Introduction to Econometrics (not both)

+ 6 credits MATH 3000 level courses

+ 15 elective credits in ARTS

4th year:

*MATH 4247E     Time Series Analysis

*MATH 4606E     Statistical Models in Actuarial Science

+ 9 credits MATH 4000 level courses

+ 6 credits MATH 3000 or MATH 4000 level courses

+ 9 elective credits in ARTS

 

* Denotes courses that may be cycled biennially.  Students should consult an academic advisor to ensure that all course requirements are met.

Program Notes

1. A minimum cumulative GPA average of 5.5 is required to pass from the second year to the third year of the program. Students not meeting this requirement but would be in good standing will be transferred to the B.A. in Mathematics.

2. Successful completion of the actuarial specialization does not guarantee that candidates will become qualified actuaries.  Students will be required to pass exams administered by the Society of Actuaries to practice as an Actuary in Canada or the United States.  Students should start writing actuarial exams while enrolled in university, and should continue writing exams after graduation as well.  Most of the material on the following preliminary actuarial exams will be covered by the specialization: Exam P, Exam FM, Exam C. Part of the material necessary for Exam MLC will also be covered as part of the specialization.

3. The specialization is also designed to gain some VEE (Validation by Educational Experience) credit with the Society of Actuaries.  Although it is believed that the courses that are part of the specialization will satisfy the Society of Actuaries VEE requirements for Economics and Applied Statistical Methods (if the student achieves a sufficiently high grade, currently GPA of 5.5), Laurentian University makes no guarantee that the courses taken at Laurentian for VEE credit, nor the mark obtained, will necessarily satisfy the Society of Actuaries requirements.

General requirements:

• Maximum of 48 credits allowed at First Year level
• The Honors degree designation will be given to a student who obtains an overall GPA average of at least 5.5.
 Elective requirements for BA
 1. A total of 42 credits in ARTS

 

Specialization in Actuarial Science B.Sc. (Honours)

1st year:

ACCT 1001E     Understanding and Using Financial Information

ACCT 2001E     Introductory Accounting

ECON 1006E     Introduction to Microeconomics

ECON 1007E     Introduction to Macroeconomics

MATH 1036E     Calculus I

MATH 1037E     Calculus II

MATH 1056E     Discrete Mathematics I

MATH 1057E     Linear Algebra I

PHYS 1006E     Introductory Physics I

PHYS 1007E     Introductory Physics II

2nd year:

CHMI 1006E     General Chemistry I

COSC 2836E     Software for Sciences

FNCE 3006E     Financial Management I

FNCE 3007E     Financial Management II

MATH 2037E     Advanced Calculus

MATH 2056E     Discrete Mathematics II

MATH 2057E     Linear Algebra II

MATH 2066E     Introduction to Differential Equations

STAT 2246E     Statistics for Scientists

3 credits from Faculty of Science, Engineering and Architecture

3rd year:

*MATH 3206E     Introduction to Actuarial Mathematics

MATH 3236E     Probability and Statistics

*MATH 3237E     Regression Analysis   OR   ECON 3466E    Introduction to Econometrics (not both)

6 credits MATH 3000 level courses

6 credits from courses in the Faculty of Science, Engineering and Architecture;

6 credits in Arts

3 credits in general electives

4th year:

*MATH 4247E    Time Series Analysis

*MATH 4606E     Statistical Models in Actuarial Science

9 credits MATH 4000 level courses

6 credits MATH 3000 or MATH 4000 level courses

9 credits in general electives

 

* Denotes courses that may be cycled biennially.  Students should consult an academic advisor to ensure that all course requirements are met.

Program Notes

1. A minimum cumulative GPA average of 5.5 is required to pass from the second year to the third year of the program. Students not meeting this requirement but would be in good standing will be transferred to the B.Sc. in Mathematics.

2. Successful completion of the actuarial specialization does not guarantee that candidates will become qualified actuaries.  Students will be required to pass exams administered by the Society of Actuaries to practice as an Actuary in Canada or the United States.  Students should start writing actuarial exams while enrolled in university, and should continue writing exams after graduation as well.  Most of the material on the following preliminary actuarial exams will be covered by the specialization: Exam P, Exam FM, Exam C. Part of the material necessary for Exam MLC will also be covered as part of the specialization.

3. The specialization is also designed to gain some VEE (Validation by Educational Experience) credit with the Society of Actuaries.  Although it is believed that the courses that are part of the specialization will satisfy the Society of Actuaries VEE requirements for Economics and Applied Statistical Methods (if the student achieves a sufficiently high grade, currently B-), Laurentian University makes no guarantee that the courses taken at Laurentian for VEE credit, nor the mark obtained, will necessarily satisfy the Society of Actuaries requirements.

General requirements:

• Maximum of 48 credits allowed at First Year level
• The Honors degree designation will be given to a student who obtains an overall GPA average of at least 5.5.

 

Elective requirements for BSc:

A minimum of 18 credits from the Faculty of Science, Engineering and Architecture, in at least three different topics than MATH or STAT.

 

Major in Actuarial Science

ACCT 1001E     Understanding and Using Financial Information (3 credits)

ECON 1006E     Introduction to Microeconomics (3 credits)

MATH 1036E     Calculus I (3 credits)

MATH 1037E     Calculus II (3 credits)

MATH 1057E     Linear Algebra I (3 credits)

MATH 1056E     Discrete Mathematics I (3 credits)

COSC 2836E     Software for Sciences (3 credits)

MATH 2037E     Advanced Calculus (3 credits)

MATH 2056E     Discrete Mathematics II (3 credits)

STAT 2246E     Statistics for Science (3 credits)

*MATH 3206E     Introduction to Actuarial Mathematics (3 credits)

MATH 3236E     Probability and Statistics (3 credits)

*MATH 3237E     Regression Analysis (3 credits)     OR  ECON 3466 Introduction to Econometrics

*MATH 4606E     Statistical Models in Actuarial Science (3 credits)

 

* Denotes courses that may be cycled biennially.  Students should consult an academic advisor to ensure that all course requirements are met.

 

ACCT-1001EL - Understanding and Using Financial Information ACCT-2001EL - Introductory Accounting II COSC-2836EL - Computer Software for Sciences ECON-1006EL - Introduction to Microeconomics ECON-1007EL - Introduction to Macroeconomics FNCE-3006EL - Financial Management I FNCE-3007EL - Financial Management II MATH-1036EL - Calculus I MATH-1037EL - Calculus II MATH-1056EL - Discrete Mathematics I MATH-1057EL - Linear Algebra I
MATH-2037EL - Advanced Calculus MATH-2056EL - Discrete Mathematics II MATH-2057EL - Linear Algebra II MATH-2066EL - Introduction to Differential Equations MATH-3206EL - Introduction to Actuarial Mathematics MATH-3236EL - Probability and Statistics MATH-3237EL - Regression Analysis MATH-4247EL - Time Series Analysis MATH-4606EL - Statistical Models in Actuarial Science STAT-2246EL - Statistics for Scientists
Amr Abdel-Dayem

Amr Abdel-Dayem

Department of Mathematics & Computer Science
Osman Abou-Rabia

Osman Abou-Rabia

Faculty of Science, Engineering and Architecture
Peter Adamic

Peter Adamic

Department of Mathematics & Computer Science
Hafida Boudjellaba

Hafida Boudjellaba

Department of Mathematics & Computer Science
Fabrice Colin

Fabrice Colin

Department of Mathematics & Computer Science
Stephanie Czapor

Stephanie Czapor

Department of Mathematics & Computer Science
Youssou Gningue

Youssou Gningue

Department of Mathematics & Computer Science
Ratvinder Grewal

Ratvinder Grewal

Department of Mathematics & Computer Science
Michael Herman

Michael Herman

Department of Mathematics & Computer Science
Waldemar Koczkodaj

Waldemar Koczkodaj

Department of Mathematics & Computer Science
Aaron Langille

Aaron Langille

School of the Environment
Thomas Markovich

Thomas Markovich

Faculty of Science, Engineering and Architecture
Ralf Meyer

Ralf Meyer

Department of Mathematics & Computer Science
Kalpdrum Passi

Kalpdrum Passi

Department of Mathematics & Computer Science
Patrice Sawyer

Patrice Sawyer

Department of Mathematics & Computer Science
Abdellatif Serghini

Abdellatif Serghini

Department of Mathematics & Computer Science