Actuarial Science

The Bachelor of Science in Actuarial Science at the University of Waterloo offers a comprehensive and rigorous curriculum designed to equip students with the essential skills and knowledge necessary for a successful career in the actuarial profession. This program emphasizes a strong foundation in mathematics, statistics, economics, and finance, integrated with specialized courses tailored to actuarial science, such as actuarial modeling, risk management, insurance, and financial mathematics. Students gain practical experience through various projects and internships, preparing them for the demanding actuarial exams recognized internationally by professional organizations like the Society of Actuaries and the Casualty Actuarial Society. The program is uniquely positioned to incorporate the university's renowned co-operative education system, providing students with multiple work term placements that enhance their professional development and industry connections. With access to state-of-the-art facilities and expert faculty members with extensive industry experience, students are encouraged to develop analytical, problem-solving, and communication skills necessary to analyze complex data, assess risks, and advise organizations on financial stability and strategic decision-making. Graduates of the Actuarial Science program at the University of Waterloo are well-prepared to pursue professional designation as actuarial candidates, entering diverse fields including insurance, pension planning, investment, consulting, and government agencies. The program also fosters a strong community of peers and industry mentors, supporting ongoing career growth and lifelong learning in the dynamic field of actuarial science.