Actuarial Science BA

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Actuarial Science BA

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    Key Information

    • Study Level:

      Bachelor

    • Duration:

      4 Years

    • Study Mode:

      Full Time

    • Tuition Fees EU/EEA:

      C$ 7,758 Per Year

      These fees apply to students from the EU/EEA

    • Tuition Fees International :

      C$ 26,978

      These fees apply to students from outside the EU/EEA

    institution

    Course Summary

    A professional Actuary is trained in the administration of pension and welfare plans and insurance policies, both in the public and private sectors. They may also design new policies, schemes and programs to align with a variety of changing factors.  

    The discipline relies heavily on a knowledge of mathematics, economics, finance and statistics in order to keep these programs and policies effective on a financial basis. You’ll learn how to apply all of these quantitative methods to model situations and assess financial risks in the insurance industry, in public administration, or as part of the enterprise risk management or finance industries.

     York University’s Actuarial Science BA degree is designed to prepare you well to qualify as a professional Actuary. The most common way to qualify in North America (the US, Canada and Mexico) is to pass either the Casualty Actuarial Society or Society of Actuaries professional examinations. The curriculum has been selected specifically to concur with these tests.

    If you are changing direction after starting in another career area, you will possess valuable work experience and professional awareness. Many employers actively seek candidates with these benefits. Our network of contacts, a dedicated employability service and a reputation in the legal profession mean we also have an outstanding track-record of finding students legal employment.Many employers favour GDL students in an increasingly competitive legal job market. Through studying another degree subject, you will have gained many transferable skills. By taking the conversion route into law, you are showing motivation and determination by choosing law at a later stage than some others. This looks good to employers.

    If you are changing direction after starting in another career area, you will possess valuable work experience and professional awareness. Many employers actively seek candidates with these benefits. Our network of contacts, a dedicated employability service and a reputation in the legal profession mean we also have an outstanding track-record of finding students legal employment.Many employers favour GDL students in an increasingly competitive legal job market. Through studying another degree subject, you will have gained many transferable skills. By taking the conversion route into law, you are showing motivation and determination by choosing law at a later stage than some others. This looks good to employers.

    Course Outline

    This degree program is typically delivered over 4 years of study.

    Year 1 Modules Include:

    • ECON 1000
    • ECON 1010
    • GENED XYZ1
    • GENED XYZ2
    • MATH 1021
    • MATH 1131
    • MATH 1300
    • MATH 1310
    • MATH 2022
    • MATH 1550 or both MATH 1530 and MATH 1540

    Year 2 Modules Include:

    • CSE 1560 or CSE 1520
    • ECON 2300
    • ECON 2350
    • MATH 2001
    • MATH 2030
    • MATH 2131
    • MATH 2270
    • MATH 2280
    • MATH 2281
    • MATH 2310

    Note that students will typically sit for the P and FM examinations between 2nd and 3rd year.

    Year 3 Modules Include:

    • MATH 3131
    • MATH 3280
    • MATH 4430 or MATH 4431
    • MATH 3330
    • MATH 3034 or MATH 3430
    • ECON 4400
    • MATH 3132
    • MATH 3281
    • GENED XYZ3
    • GENED XYZ4
    • ECON 4410

     Note that students will typically sit for the MLC and MFE examinations between 3rd and 4th year.

     Year 4 Modules Include:

    • GENED XYZ5
    • GENED XYZ6
    • GENED XYZ7
    • GENED XYZ8
    • MATH 3XYZ
    • MATH 4130B
    • MATH 4143
    • MATH 4280
    • MATH 4281
    • MATH 4XYZ

    Learning And Teaching

    York University strives to use both traditional and innovative techniques in its undergraduate programs. You’ll attend large lecture classes, but also laboratories and/or practical skills sessions, problem solving exercises, and interactive, small scale tutorial sessions. These can be supplemented by additional learning support provided by Bethune College, part of the larger university. This supplemental learning might include peer-led tutorial sessions or one-on-one tutoring.

    As part of the Actuarial program curriculum, you’ll prepare for professional testing as well.

    Career Possibilities

    In addition to statistical, mathematical and financial modelling skills, you’ll develop the specific knowledge and practical skills you need to pass professional examinations such as those presented by the Casualty Actuarial Society and the Society of Actuaries. Recent graduates of York University’s BA program in Actuarial Science have become professional Actuaries, Financial Risk Analysts and Financial Analysts at some of Canada and the United States of America’s best known companies and public bodies.

    Entry & Credit

    Successful completion will result in a 4 year BA degree.

    To enter York University’s Actuarial Science BA program, you’ll need to present your High School Transcripts, International Baccalaureate or similar international qualifications. A firm background in Maths will be preferred.   

    All classes are taught in English, and international students will be required to show proficiency in English by scoring well on an approved test.

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