Actuarial Mathematics

Actuarial Mathematics at the University of Manitoba is a comprehensive undergraduate program designed to prepare students for a career in the actuarial profession. This program provides a rigorous curriculum that combines advanced coursework in mathematics, statistics, finance, and economics to equip students with the analytical skills necessary for risk assessment and management in various industries, including insurance, pension plans, and financial services. Throughout the program, students gain a solid foundation in probability theory, mathematical modeling, and data analysis, which are essential for evaluating financial risks and making informed decisions. The curriculum is structured to meet the requirements for actuarial accreditation and includes preparation for professional examinations administered by recognized actuarial societies such as the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Students benefit from small class sizes and close interactions with experienced faculty members, many of whom are active researchers and industry experts. In addition to academic coursework, the program offers internships, co-op placements, and opportunities for experiential learning to enhance practical skills and industry connections. Graduates of the Actuarial Mathematics program are well-prepared for entry-level positions in actuarial consulting, insurance companies, pension funds, and financial institutions. They also have a strong foundation for pursuing professional certification and graduate studies in actuarial science or related fields. The program’s location in Winnipeg provides students with access to a vibrant local economy and a supportive academic community, fostering both personal and professional development. By completing this program, students will develop critical thinking, problem-solving, and communication skills necessary for a successful career in a dynamic and growing field dedicated to managing and analyzing financial risks.