PhD

Actuarial Science

Study mode:On campus Study type:Full-time Languages: English
Local:$ 6.31 k / Year(s) Foreign:$ 18.9 k / Year(s) Deadline: Dec 1, 2024
201–250 place StudyQA ranking:5771 Duration:4 years

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Our research extends to a variety of fields in statistics, probability, actuarial science and quantitative finance. For detailed information about our research initiatives, please refer to the web pages of individual faculty members and research groups.

Fields (areas of research)

  • Actuarial Science Practice
  • Actuarial Science Theory
  • Finance
  • Probability

PhD Comprehensive Examination I

  • In Stage I of the PhD Comprehensive Examination, the aim is to ensure that the student has an adequate knowledge of topics covered in the Honours Statistics program at the University of Waterloo. To demonstrate that the student has this adequate knowledge, the student will normally be required to write a formal comprehensive examination designed to test the student's ability to integrate the material from several topic areas (courses).
  • Alternative examination methods may be utilized by the Examining Committee to determine if the results are a true indication of the student's knowledge of the material. For example, if the Committee feels that the student has the knowledge of the material in a topic, but has not been able to demonstrate it in the written examination, the Committee may conduct an oral examination for that topic. The choice of the examination method is at the discretion of the Examining Committee.

PhD Comprehensive Examination II. 

  • The Stage II Comprehensive Examination is a diagnostic examination, the purpose of which is to test a student's preparedness to undertake thesis research. The format of this aspect of the comprehensive requirement is that of a public, oral presentation of a thesis proposal, followed by questioning from the student's Stage II Committee and any other members of the university community who may be present. A written thesis proposal is submitted prior to the examination. Normally, the Stage II examination must be completed within seven full terms of enrolling in the PhD program.
  • The Stage II Comprehensive Examination Committee consists of the supervisor and at least two additional faculty members from the Department. The composition of the Stage II Committee must be approved by the Graduate Committee, and the Associate Chair for Graduate Studies will act as a neutral chair of the Committee of examiners, or will appoint a faculty member to serve in that capacity.

PhD Thesis

  • The PhD thesis examination, which is the culmination of the candidate's research efforts as a graduate student, is divided into two stages:
    • Departmental Thesis Presentation
    • University Thesis Defence
  • Departmental Thesis Presentation: PhD students are required to present the results of their research before interested members of the department. This departmental thesis presentation is intended to fulfil several purposes. Students have an opportunity to practise their presentation skills and to gain valuable experience in answering questions about their work in a public setting. As well, faculty and graduate students who are interested in the thesis topic are provided with an overview of the student's research prior to the actual thesis examination.
  • PhD Thesis Examination: the student shall defend the thesis in an oral examination before an Examining Committee, which shall consist of the supervisor(s), two faculty members in the Department, one faculty member from outside the Department, and an external examiner familiar with the student's research field. The Committee is approved by the Faculty Graduate Committee.

Requirements

  • A Master's degree in statistics or actuarial science, completed or expected.
  • At least an overall 78% average from a Canadian university (or its equivalent).
  • Résumé
  • Supplementary information form
  • Transcript(s)
  • 3 references normally from academic sources
  • Internet-Based TOEFL (iBT) 90 overall, IELTS 7.0

Scholarships

  • International Master's (IMSA) & International Doctoral Student Awards (IDSA)
  • Ontario Graduate Scholarship (OGS)
  • Ontario Trillium Scholarship (OTS)
  • Trudeau Foundation Scholarships
  • Vanier Canada Graduate Scholarship (CGS)
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