Bachelor of Science [B.S] (Actuarial Mathematics)
STEM Course
4 years
Full Time
Honours, Co Op & On Campus
Field of Study:
₹16.6 L/Yr
CA$27,018 /Yr
- Concordia University offers a BSc in Actuarial Mathematics program with a duration of 4 years (8 semesters).
- This course is offered on a full-time basis and part-time studies are not available for this program.
- This program is provided both on-campus and off-campus.
- A BSc degree takes a minimum of three or four years (90 - 120 credits) of full-time study, depending on the student’s academic background.
- This degree prepares students for actuarial work in insurance, with pension consulting firms, investment banks, and in other areas of the financial sector.
- Students in the program:
- Receive a thorough grounding in mathematics, statistics, and probability
- Learn models to analyze and solve financial problems involving uncertainty
- Learn about computer science, accounting, finance and economics
- Take a broad approach to actuarial problem-solving by taking social sciences and humanities courses
- This program is provisionally accredited by the Canadian Institute of Actuaries (CIA).
- Concordia University is designated as a Centre of Actuarial Excellence by the Society of Actuaries.
- The co-op program gives the chance to do paid work terms for insurance companies or consulting firms as actuarial assistants or actuarial analysts.
- As a co-op, students will:
- Learn computer programs used by actuaries to analyze data
- Make defined benefit plan calculations and produce pension statements
- Develop expertise in writing professional reports
- Become familiar with the document preparation methodology
- The faculty and student ratio for this program is 1:16.
- The average salary goes up to 54,000 USD after completing this program.
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Important Dates
| Event | Application Date |
|---|---|
| Early Application Deadline For Fall 2024 Intake | |
| Final Application Deadline For Fall 2024 Intake | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹1658905 (CAD 27018) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Room And Board | ₹497340 (CAD 8100) |
| Food | ₹386820 (CAD 6300) |
| Transportation | ₹19525 (CAD 318) |
| Personal Exp | ₹82890 (CAD 1350) |
| Health Insurance | ₹82522 (CAD 1344) |
| Books and supply | ₹138150 (CAD 2250) |
| Total Cost | ₹1207247 (CAD 19662) |
Eligibility & Entry Requirement
Academic Eligibility:
- Candidate should submit their higher School Certificate or Intermediate Certificate or Higher Secondary Certificate or Senior School Certificate or Pre-University Certificate and should have a minimum of 3 GPA.
- Candidate needs to have an overall average of B+ grade with a minimum of B+ in math.
- Proof of English proficiency may be required for international applicants, whose first language is not English.
- Students must be qualified in IELTS or TOEFL to get admission in this program.
Indian Student Eligibility:
- The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
- Minimum 4 major subjects in 12th Grade, including English, with an average of 70% and no course less than 65%.
Scores Required
90 / 120
Avg. Score in
TOEFL
7 / 9
Avg. Score in
IELTS
61 / 90
Avg. Score in
PTE
Required Document List
Following are the required documents:
- Transcripts - Student required post-secondary transcripts from all previous educational institutions,
- 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 and they required three letters of reference.
- 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.
-
ELP Scores - Students need to submit proof of English language proficiency (official test scores or transcripts) from the testing authority or school.
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| INR 16.6 L/Yr CAD 27,018 /Yr |
|
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Microsoft Tuition Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Australia Awards Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Debesh Kamal Scholarship | Scholarship per student₹ 85,039/Yr$1,385 | Level Of StudyBachelor | TypeMerit-Based | |
| Deutschland Stipendium Program | Scholarship per student₹ 2.7 L/Yr$4,363 | Level Of StudyBachelor | TypeCollege-Specific | |
| Axol Science Scholarship | Scholarship per student₹ 1.2 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| ASID Foundation Legacy Scholarships | Scholarship per student₹ 2.5 L/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based |
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Comments
To apply for the M.Eng Information Systems Security program of Concordia University you must have taken IELTS Academic and have an overall score of 6.5 with no individual score less than 6.5.