Actuariat

The Actuariat program at the University of Quebec in Montreal (UQAM) offers a comprehensive education in the principles and practices of actuarial science, preparing students for a dynamic and essential role in the financial and insurance industries. This program combines rigorous coursework in mathematics, statistics, economics, finance, and computer programming to develop the essential skills needed to assess risk, analyze data, and support decision-making processes in various sectors such as insurance, pension funds, consulting firms, and government agencies. Throughout the program, students engage with theoretical foundations as well as practical applications, including the use of specialized actuarial software and models. The curriculum is designed to prepare students for the professional actuarial certification process, covering key topics such as probability theory, financial mathematics, life contingent risk, and pension mathematics. Students benefit from the expertise of qualified faculty members who are active professionals and researchers in the field, offering a blend of academic rigor and industry relevance. The program emphasizes critical thinking, analytical skills, and ethical considerations vital to the actuarial profession. Students have opportunities for internships and cooperative education, providing real-world experience and industry connections that enhance employability after graduation. Upon completing the program, graduates are well-prepared to undertake the actuarial examinations required for certification and to pursue careers in risk management, insurance, consulting, or related fields. The Actuariat program at UQAM is dedicated to fostering a diverse and inclusive learning environment, empowering students to become innovative and responsible professionals capable of addressing complex financial risks in a global context.

The Actuarial Science program at the University of Quebec in Montreal is a comprehensive undergraduate degree designed to prepare students for a dynamic career in the field of actuarial mathematics, finance, and risk management. This program aims to equip students with a solid foundation in mathematics, statistics, economics, and finance, essential for analyzing and managing financial risks in various industries such as insurance, pensions, banking, and investment. Throughout the program, students will engage with advanced coursework in calculus, probability theory, financial mathematics, statistical modeling, and actuarial methods. The curriculum is structured to meet the requirements for professional certification by actuarial organizations, including the Society of Actuaries and the Casualty Actuarial Society, ensuring graduates are well-prepared for their future careers.

In addition to core technical courses, students will have opportunities to develop critical skills in data analysis, programming, and communication, which are vital in today's data-driven environment. The program emphasizes the application of theoretical knowledge to real-world scenarios through case studies, projects, and internships, providing students with practical experience and industry insights. The university maintains strong ties with the actuarial industry, facilitating networking opportunities and internships that can lead to employment upon graduation.

The curriculum also covers areas such as financial derivatives, risk theory, life insurance, health insurance, pension plans, and regulatory frameworks, broadening students' understanding of the financial and insurance sectors. Ethical considerations and professional conduct are integrated throughout the program, aligning with industry standards. Upon completing the Actuarial Science program, graduates will possess the analytical capabilities, technical skills, and professional knowledge required to pass actuarial examinations and to excel in various roles related to risk assessment, financial modeling, and consulting. This program is ideal for students aiming to contribute to financial stability and sustainability within organizations and who are passionate about applying mathematics to solve complex financial problems.

The Actuarial Science program at the University of Quebec in Montreal requires students to complete a comprehensive curriculum designed to prepare them for professional roles in insurance, finance, and related sectors. The program encompasses core courses in mathematics, statistics, economics, finance, and actuarial science, establishing a solid foundation in quantitative analysis. Students must undertake a series of specialized actuarial courses covering topics such as risk theory, life contingencies, insurance mathematics, and pension mathematics. Additionally, the program emphasizes the development of analytical and problem-solving skills essential for actuarial examinations and professional practice.

To graduate, students are typically required to complete a minimum number of credits as specified by the university, including coursework, internships, and possibly a final project or thesis. The curriculum aligns with the requirements of actuarial professional bodies and prepares students for sitting actuarial exams conducted by organizations such as SOA or CAS. Practical components, such as internships or cooperative education placements, are strongly encouraged and may be mandatory, providing students with valuable industry experience.

Language of instruction is primarily in French, but some courses may be offered in English to accommodate international students. Students are also expected to develop strong communication skills to effectively present findings and advise clients. Academic advising and support services are available to assist students in course selection and career planning. The program is designed to be completed within a standard timeframe, but flexibility exists for part-time or accelerated options depending on student needs.

Admission requirements include a high school diploma with strong performance in advanced mathematics and sciences, and applicants may need to demonstrate proficiency in French, depending on the language of instruction. Candidates often need to submit transcripts, letters of motivation, and possibly standardized test scores. Ongoing evaluation throughout the program ensures students attain the necessary competencies and are prepared to pass professional actuarial exams. Upon graduation, students are well-equipped to pursue certification as professional actuaries and to advance into leadership roles within the industry.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

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The Bachelor of Actuarial Science at the University of Quebec in Montreal offers a range of financing options to support students throughout their studies. Tuition fees for domestic students are established annually and are generally accessible compared to private institutions, with the bilingual focus of the program making it attractive to a broad demographic. The university provides various financial aid opportunities, including government scholarships, grants, and bursaries aimed at encouraging students to pursue higher education in specialized fields such as actuarial science.

In addition to government support, the university offers internal scholarships based on academic excellence, leadership qualities, and financial need. Students are encouraged to apply for these awards early in their academic careers to secure funding for subsequent semesters. Part-time work opportunities are available on campus, allowing students to earn income while gaining relevant experience. The university's career services often assist in connecting students with companies seeking interns or part-time employees, further easing financial burdens.

Moreover, numerous students finance their education through student loans available from federal or provincial government programs. These loans typically have favorable conditions, including low-interest rates and flexible repayment options. International students, while not eligible for certain domestic scholarships, can access specific financial support programs designed for international learners or may seek external scholarships from external organizations.

Private savings and family support constitute additional sources of funding for many students enrolled in the Actuarial Science program. Some students also participate in cooperative education (co-op) programs, which integrate paid work terms into their studies, helping to reduce overall financial stress and provide practical experience that enhances employability post-graduation.

Overall, students choosing the University of Quebec in Montreal for actuarial studies have access to a comprehensive suite of financing options, combining government aid, university scholarships, external funding, part-time employment, and work-study programs, designed to make their educational journey financially manageable and accessible.

The Actuarial Science program at the University of Quebec in Montreal (UQAM) is designed to prepare students for a professional career in the field of actuarial science, which involves assessing financial risks, particularly in the insurance, pension, and investment sectors. The program aims to develop expertise in mathematics, statistics, finance, economics, and actuarial modeling, providing students with the necessary knowledge and skills to evaluate risk and support decision-making processes in various financial industries.

Students enrolled in the program will undertake coursework in probability theory, financial mathematics, actuarial mathematics, statistics, and economics. These courses are structured to build a strong foundation in quantitative analysis, enabling graduates to analyze complex data and develop predictive models. The program also emphasizes the importance of communication skills, ethical considerations, and professional standards, preparing students for the collaborative and ethical nature of actuarial work.

Throughout their studies, students may engage in practical internships or cooperative education (co-op) placements, offering insights into real-world actuarial practices and enhancing employability after graduation. The curriculum is regularly updated to reflect current industry standards, exam requirements, and advancements in actuarial technology and methods.

Graduates of the program are well-equipped to pass actuarial professional exams and may pursue certification through recognized bodies such as the Institut Canadien des Actuaires (ICA) or international organizations. The program's close ties with the industry ensure that students are exposed to current challenges and trends within actuarial science, preparing them for careers in insurance companies, consulting firms, government agencies, and financial institutions.

The university provides a supportive academic environment with experienced faculty members who are experts in their fields. Additionally, students benefit from modern facilities, access to specialized software, and active student associations centered around actuarial and financial careers. Upon completing this program, graduates are capable of pursuing advanced studies or entering the workforce with a competitive edge, ready to contribute to the financial stability and risk assessment needs of various sectors.

Overall, the Actuarial Science program at UQAM offers a comprehensive education combining theoretical knowledge with practical application, ensuring that students are thoroughly prepared for the demands of the profession and the evolving landscape of risk management and financial analysis.