Master of Actuarial Science
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #201 out of 1502 by THE Global Ranking 2023
₹33.8 L/Yr
CA$55,053 /Yr
- This program is an elite, fast-track professional program with a cutting-edge curriculum and world-class instructors. It is 2 years an on-campus program 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.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹3380254 (CAD 55053) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing (off-campus) and utilities | ₹196480 (CAD 3200) |
| Food - groceries | ₹57716 (CAD 940) |
| Books and supplies | ₹61400 (CAD 1000) |
| Total estimated living costs | ₹410152 (CAD 6680) |
| Total Cost | ₹775850 (CAD 12636) |
| Other Fees | ₹50102 (CAD 816) |
Eligibility & Entry Requirement
Academic Eligibility:
- A four-year honor’s Bachelor’s degree with an overall 83% average from a Canadian university (or its equivalent).
- An interview and diagnostic test may be required. Three academic or professional references.
- Proof of English proficiency may be required for international applicants, whose first language is not English.
- The GRE exam score is not required but if given will be encouraged.
- Students must be qualified in IELTS or TOEFL to get admission to this program.
Indian Student Eligibility:
- Should have completed a 4-year UG degree with first class in a relevant field from a recognized institution.
- Should have completed a master’s degree with first-class in a relevant field from a recognized institution.
Scores Required
90 / 120
Avg. Score in
TOEFL
7.0 / 9
Avg. Score in
IELTS
63 / 90
Avg. Score in
PTE
- GRE and GMAT scores are not required
Required Document List
- Three academic or professional references.
Course Guides
Masters (MS) in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries
Masters in Mathematics in Canada: Fees 2023, Top Colleges, Placements & Salaries
VISA & Work Study
VISA
- International applicants who are applying for a Student Visa are required to have TRV (Temporary Resident Visa) or eTA (Electronic Travel Authorization) for entry in Canada.
- Following are the required documents for Students visa applications:
- official Letter of Acceptance from the University of Waterloo.
- Financial Evidence.
- Photos meeting Immigration, Refugees, and Citizenship Canada (IRCC) specifications.
- Proof of medical examination
- Police certificate
- Biometrics
- Country-specific documents
- Documents requested by the visa office based on individual circumstances
Career and Placement after Course
Graduates have careers as:
- Mathematicians,
- Statisticians and Actuaries Actuaries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Waterloo Women in Mathematics Graduate Scholarship | Scholarship per student₹ 1.4 L/Yr$2,262 | Level Of StudyDoctorate | TypeCollege-Specific | |
| UWaterloo Millennium Graduate Bursary | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeBursary | |
| UWaterloo Graduate Entrance Scholarship | Scholarship per student₹ 2.1 L/Yr$3,500 | Level Of StudyMaster | TypeCollege-Specific | |
| Hira and Renu Ahuja International Graduate Scholarship | Scholarship per student₹ 8.7 L/Yr$14,150 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Barbara Hayes-Roth Award for Women in Math and Computer Science | Scholarship per student₹ 57,716/Yr$940 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Ontario Trillium Scholarship 2 | Scholarship per student₹ 6.1 L/Yr$10,000 | Level Of StudyMaster | TypeAwards |
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