Master of Science [M.S] (Actuarial Science)
STEM Course
16 months
Full Time
On Campus
Field of Study:
₹15.7 L/Yr
CA$25,500 /Yr
Offered By: Faculty of Graduate Studies, University of Windsor
- The MSc in Actuarial Science is a 16 months full-time program at the University of Windsor.
- This program gives students an opportunity to enhance their understanding and skills in the discipline of actuarial sciences.
- The main topics of the program are:
- Probability
- Mathematics
- Statistics
- Finance
- Economics, and mathematics of finance.
- This program will prepare students for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world.
- Over 16 consecutive months, students complete Master's level coursework in industry-relevant areas, such as derivatives markets, life contingencies, micro and macroeconomics.
- The Faculty to student ratio is 29:1 which bridges the gap between the faculty and students.
- The average salary after getting placed is 57,525 USD.
- Graduates can also participate in the regular offerings of the Society of Actuaries (SOA) exams offered on-site.
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Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2024 Intake | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹1565700 (CAD 25500) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Room and Board | ₹529943 (CAD 8631) |
| Food | ₹376443 (CAD 6131) |
| Total Cost | ₹951208 (CAD 15492) |
| Health Insurance | ₹44822 (CAD 730) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students required an undergraduate degree with a minimum of 70% Marks from a recognized university.
- These marks are calculated based on the last 2 years of the undergraduate degree.
Language Requirments:
- Students whose official language is not English are required to submit TOEFL or IELTS Scores.
Scores Required
Required Document List
The Documents required are:
- College Transcripts - The marks statement provided by the education board after completion of the previous academic qualifications.
- Financial Documentation - The Proof that shows the financial background of the student.
- Letter of Recommendation - This shows who recommended the student to pursue the degree.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- Resume/CV - This provides a summary of the experience and skills of the student.
- English Language Requirement Scores like TOEFL, IELTS,..etc.
- Exam scores like GMAT, GRE are to be submitted.
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| INR 5 L/Yr CAD 8,139 /Yr |
| |||
| INR 11.9 L/Yr CAD 19,362 /Yr |
|
Course Guides
Masters (MS) in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries
Masters in Mathematics in Canada: Fees 2023, Top Colleges, Placements & Salaries
Career and Placement after Course
- The program well prepared for careers in:
- Insurance
- Financial analysis
- Pensions
- Healthcare industries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Ontario Trillium Scholarship 2 | Scholarship per student₹ 6.1 L/Yr$10,000 | Level Of StudyMaster | TypeAwards | |
| Ontario Graduate Scholarship | Scholarship per student₹ 6.7 L/Yr$10,847 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Deutschland Stipendium Program | Scholarship per student₹ 2.7 L/Yr$4,363 | Level Of StudyBachelor | TypeCollege-Specific | |
| Saryu Doshi Graduate Fellowships in Liberal Arts & Sciences | Scholarship per student₹ 2.5 L/Yr$4,078 | Level Of StudyMaster | TypeMerit-Based | |
| Australian Government Research Training Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.2 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
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