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Bachelor of Mathematics [B.Math] [Actuarial Science] From University of Waterloo

Waterloo, OntarioLocation

UniversitySchool type

Estd1957established year

35156enrollment

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Bachelor of Mathematics [B.Math] (Actuarial Science)

STEM Course

4 years

Full Time

Co Op & On Campus

Field of Study:

Mathematics,

Actuarial Science

₹32.5 L/Yr

CA$53,000 /Yr

BMath in Actuarial Science at the University of Waterloo is offered a 4-years (8 semesters) program.
This course is offered on a full-time basis.
In this program, students will take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools.
Students can also choose the regular stream or the co-op stream and ready to enter a great job market with great prospects and high starting salaries.
The Canadian Institute of Actuaries has accredited Waterloo’s Actuarial Science program, students can be exempted from several of their exams.
The department of Statistics and Actuarial Science offers courses and plans in Actuarial Science, which is the application of mathematics and statistics to financial problems with particular emphasis on life insurance, casualty insurance, and employee benefit programs.
The faculty and student ratio for this program is 1:19.
The average salary goes up to 48,750 USD after completing this program.

Important Dates

Closed for application.

Tuition Fees

Year	1st Year Fees
Tuition Fees	₹3254200 (CAD 53000)

Other Expenses

Head	Avg Cost Per Year
Housing	₹442080 (CAD 7200)
Food	₹129861 (CAD 2115)
Total Cost	₹717459 (CAD 11685)
Books and supply	₹145518 (CAD 2370)

Eligibility & Entry Requirement

Academic Eligibility:

The students must have completed six Grade 12 U and/or M courses including
- Advanced Functions
- Calculus and Vectors
- Chemistry
- Physics
- English (ENG4U)
Students encouraged to take AFM 101, ECON 101, or ECON 102 as first-year electives to satisfy the degree requirements for Actuarial Science.
A minimum final grade of 70% is required in all the above subjects mentioned during admission.
Students must be qualified in IELTS or TOEFL and PTE.

Indian Student Eligibility:

First or Second Division standing in one of the following:
- All India Senior School Certificate awarded by CBSE.
- Indian School Certificate awarded by CISCE.
- other pre-university certificate awarded after 12 years of academic studies.
Standard XII Mathematics, Standard XII Physics, Standard XII Chemistry, Standard XII English, and one other Standard XII course, a minimum final grade of 70% in each.
Overall 85% in the above 5 required courses.

Scores Required

90 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

63 / 90

Avg. Score in

PTE

Required Document List

Followings are the required documents:

Official Transcripts: Students need to submit their copy of their original transcripts. Official transcripts are printed on security paper with the University of Waterloo seal and signature of the Registrar.
Statement of Interest: Statement of interest is one of the few ways to describe that faculty have to understand the student's motivation, the seriousness of purpose, and their level of commitment to the discipline.
Reference Letter: Students will choose letter writers that will be able to comment on their academic record as well as other experiences or relevant skill sets.
CV/Resume: Students should probably provide a resume, a copy of their transcripts, as well as a copy of their statement of interest, and other relevant application material.

Ranking

202320222020201920182017

Mathematics 201 out of 1502 in Global Ranking

Scholarship Grants & Financial Aids

Name	Scholarship Per Student	Level of Study	Type
Sandford Fleming Foundation Award for Academic Excellence	Scholarship per studentVariable Amount	Level Of StudyBachelor	TypeCollege-Specific	View Details
Brian Le Lievre Scholarship	Scholarship per student₹ 1.1 L/Yr$1,779	Level Of StudyBachelor	TypeCollege-Specific	View Details
Waterloo International Student Entrance Scholarship	Scholarship per student₹ 4.6 L/Yr$7,496	Level Of StudyBachelor	TypeCollege-Specific	View Details
A.B. McKie Memorial Scholarship	Scholarship per student₹ 43,717/Yr$712	Level Of StudyBachelor	TypeCollege-Specific	View Details
Accenture Award-University of Waterloo	Scholarship per student₹ 1.2 L/Yr$2,000	Level Of StudyBachelor	TypeCollege-Specific	View Details
Cecil and Edna Cotton Scholarship	Scholarship per student₹ 66,373/Yr$1,081	Level Of StudyBachelor	TypeCollege-Specific	View Details

Options Available

Program	Delivery Type	Duration	Program Type	Tution Fees
B.Math Applied Mathematics	full time	4 years	co-op, on-campus	₹2207023
B.Math Combinatorics and Optimization	full time	4 years	honours, co-op,on-campus	₹2207023
B.Math Computational Mathematics	full time	4 years	honours, co-op,on-campus	₹2207023
B.Math Mathematics and Business Administration	full time	4 years	honours, co-op,on-campus	₹2207023
B.Math Pure Mathematics	full time	4 years	on-campus	₹2207023
B.Math Statistics	full time	4 years	honours, co-op,on-campus	₹2207023
B.Math Biostatistics	full time	4 years	co-op, on-campus	₹2207023