Actuarial Mathematics (B.Comm.)

The Bachelor of Commerce (B.Comm.) with a specialization in Actuarial Mathematics at the University of Manitoba offers students a comprehensive education designed to prepare them for a successful career in actuarial science, finance, and risk management. This rigorous program combines core business disciplines such as accounting, finance, economics, and management with advanced quantitative courses in mathematics, statistics, and probability. Throughout the program, students develop strong analytical skills, problem-solving abilities, and a deep understanding of the mathematical principles underlying insurance, pensions, and financial risk modeling.

The curriculum is structured to provide students with both theoretical knowledge and practical experience. Key courses include actuarial mathematics, financial mathematics, probability theory, statistics, economics, and computer science. Students are also encouraged to participate in internships and cooperative education opportunities to gain real-world industry experience and build professional networks. The program prepares students to sit for actuarial professional examinations administered by recognized bodies such as the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS), facilitating their journey toward becoming fully qualified actuaries.

Faculty members are distinguished experts in their fields, dedicated to providing personalized mentorship and high-quality instruction. The university’s close ties to the financial and insurance industries provide students with valuable partnership opportunities, internships, and career placement services. Graduates of the Actuarial Mathematics program are well-equipped to pursue diverse roles within insurance companies, consulting firms, government agencies, and financial institutions, contributing to risk assessment, financial planning, and strategic decision-making.

The program emphasizes the development of critical thinking, ethical reasoning, and effective communication skills, recognizing these as essential qualities in the actuarial profession. Through a combination of coursework, hands-on projects, and professional development activities, students are prepared to meet the analytical challenges of the modern actuarial landscape. With a forward-looking curriculum aligned with industry standards and ample opportunities for specialization, the Bachelor of Commerce in Actuarial Mathematics at the University of Manitoba offers a solid foundation for students aspiring to excel in the dynamic fields of insurance, finance, and risk management.