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Actuarial Science

Actuarial Science is the study of mathematics associated with financial risk, particularly in insurance, pension and investment plans. Probability deals with the mathematics of uncertainty and statistics deals with modeling of the random processes based on observed data.



  • Actuarial Science (specialist and major options)


First-Year Courses

  • The Department of Statistical Sciences does not offer first year courses


Advice for First Year

Students who are interested in enrolling in an Actuarial Science program must take MAT 137Y1 – Calculus And ECO 100Y1 – Introduction to Economics in first year. Students are also encouraged to take MAT 223H1 – Linear Algebra I, a second-year course open to first-year students.


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