Waterloo,
ON,
Canada
Type
Public
Degrees offered
Bachelor's Degree
Master of Actuarial Science in Waterloo Canada | University of Waterloo
University of Waterloo
|
Waterloo Canada
Visit institution website
for more information
Qualification
Masters Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
CAD
55,053
(c. USD39,514.07)
Attendance
Full-time
Full-time Duration
12 months
The Master of Actuarial Science (MActSc) is a specialized graduate program tailored for individuals with strong quantitative backgrounds seeking to enter the actuarial profession. Ideal applicants typically hold undergraduate degrees in fields like mathematics, statistics, engineering, or physics. Students from other disciplines such as economics or business may qualify if they've completed significant coursework in calculus and linear algebra. While no prior actuarial science education is mandatory, applicants with some foundational knowledge - including self-study through professional exams - may find the program's comprehensive curriculum particularly valuable. This rigorous program targets aspiring leaders in the field, seeking motivated, diligent candidates with outstanding communication abilities. Note: The MActSc isn't intended for graduates of international actuarial science programs, who should instead explore our MMath (Actuarial Science) option.
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 7.0
Qualification Requirements
A four-year honour's Bachelor's degree with an overall 83% average from a Canadian university (or its equivalent)
An interview and diagnostic test may be required
Resume
Supplementary information form (SIF)
The SIF contains questions specific to your program, typically about why you want to enrol and your experience in that field. Review the application documents web page for more information about this requirement
If a statement or letter is required by your program, review the writing your personal statement resources for helpful tips and tricks on completion
Transcript(s)
References
Three references are required, academic or professional sources
Proof of English language proficiency, if applicable
TOEFL 90 (writing 25, speaking 25), IELTS 7.0 (writing 6.5, speaking 6.5)
An interview and diagnostic test may be required
Resume
Supplementary information form (SIF)
The SIF contains questions specific to your program, typically about why you want to enrol and your experience in that field. Review the application documents web page for more information about this requirement
If a statement or letter is required by your program, review the writing your personal statement resources for helpful tips and tricks on completion
Transcript(s)
References
Three references are required, academic or professional sources
Proof of English language proficiency, if applicable
TOEFL 90 (writing 25, speaking 25), IELTS 7.0 (writing 6.5, speaking 6.5)
Tuition
CAD
55,053