B.S Actuarial Science at Simon Fraser University [SFU], Burnaby Fees, Entry Requirement & Application Deadline

Bachelor of Science [B.S] [Actuarial Science] From Simon Fraser University

Burnaby, British ColumbiaLocation
UniversitySchool type
Estd1965established year
37500enrollment
Public
7.4/10

Bachelor of Science [B.S] (Actuarial Science)

4 years
Full Time
On Campus

CA$47,661/Yr

CA$47,661 /Yr
  • BSc in Actuarial Science at Simon Fraser University is a 4-year program.
  • This program is offered on a full-time basis only.
  • It is delivered on-campus.
  • The program is a course-based and contains 120 credits.
  • Some of the courses of this program are:
    • Introduction to Insurance
    • Mathematics of Compound Interest
    • Financial Accounting
    • Managerial Accounting
    • Principles of Microeconomics
    • Principles of Macroeconomics
    • Actuarial Mathematics
  • This is a co-op program where students need to approach 30 credits.
  • Students take instructional and lab courses, in a cohort, and complete work placement through SFU's co-op program.
  • SFU is one of the accredited Canadian universities by Canadian Institute of Actuaries (CIA).
  • The student-faculty ratio of this program is 27:1 and the class sizes are favourable for students.
  • SFU is a mid-sized public research institute that provides the perfect platform for a great learning experience.
  • The Research Faculty of the department have received global recognition by winning awards like the Royal Society of Canada fellows, Sloan fellowship, etc.
  • The average salary goes up to 66,869 USD.

Important Dates

EventApplication Date
Application Deadline For Summer Intake Dec 1, 2023 - Jan 15, 2024
Application Deadline for Fall Intake Oct 1, 2023 - Jan 31, 2024

Tuition Fees

Year1st Year Fees
Tuition FeesCA$47661 (CAD 47661)

Other Expenses

HeadAvg Cost Per Year
Room And BoardCA$4755 (CAD 4755)
FoodCA$3330 (CAD 3330)
Health InsuranceCA$900 (CAD 900)
Books and supplyCA$2880 (CAD 2880)
Total CostCA$11865 (CAD 11865)

Previous Year Tuition Fees

Year1st Year Fees
2021CA$22035 (CAD 22035)

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must be graduated with senior secondary education, with a cumulative grade point average of at least 2.25.
  • Students admitted directly from a bachelor's degree must complete at least 50% of the course work units required for the relevant department's master's program.
  • A GPA of at least 3.0. with a minimum grade of C+.

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).
  • Students completed a bachelor's degree from an accredited institution with a grade point average of 3.00 or 60% in the final years of the program.

Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.


Scores Required

88 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

65 / 90

Avg. Score in

PTE


Required Document List

Following are the required documents:

  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Online application form: Students have to submit an online application form at the official website.
  • All post-secondary transcripts: Students have to submit all official documents containing student’s grades. Thus, post-secondary transcripts refer to undergraduate, graduate, medical school, law school, or other higher education transcripts.
  • Three academic or professional references: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
  • Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
  • A Credential evaluation report from WES Canada or ICES: If students have credentials from an institution outside of Canada or the United States, they must submit a credential evaluation report from WES Canada (course-by-course report) or ICES (comprehensive report).
  • Statement of research interests: Student has to fill their interesting research work area in the application form.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Career and Placement after Course

Career opportunities are:

  • Finance and insurance
  • Professional, scientific, and technical services
  • Management of companies and enterprises
  • Government
  • Self-employed workers

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
BrokerFish International student scholarshipScholarship per studentCA$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
VueVille Future Technology ScholarshipScholarship per studentCA$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
aaa updatedScholarship per studentCA$ 567/Yr$567Level Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per studentCA$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based


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