Bachelor's Degree Full Time

Actuarial Science

at Simon Fraser University · Burnaby, British Columbia

Duration

4 years

Tuition

On request

Intake

Fall, Spring

Mode

Full Time

About this program

The Bachelor’s Degree in Actuarial Science at Simon Fraser University equips students with essential mathematical, statistical, and financial knowledge crucial to assessing risk in industries such as insurance, finance, and investments. This interdisciplinary program encompasses various subjects including probability, financial mathematics, and risk management while incorporating practical skills through real-world applications. As part of the curriculum, students engage in extensive coursework that prepares them for the challenges of a data-driven environment.Students will follow a structured program incorporating core subjects, electives, and experiential learning opportunities. The program typically includes modules covering topics like life insurance, pension plans, and financial derivatives. Furthermore, students may participate in internships and projects, allowing them to apply theoretical knowledge in practical settings and build a robust professional network.By studying at SFU, students benefit from the university's strong connections with the industry and its emphasis on hands-on learning. British Columbia is known for its vibrant financial sector and its innovative approach to education, making it an ideal backdrop for aspiring actuaries. Graduates will emerge with the analytical skills and confidence needed to excel in their careers.

Entry requirements

To be considered for admission to the Bachelor’s Degree in Actuarial Science, applicants typically need a high school diploma with strong performance in mathematics and related subjects. Some universities may recommend or require advanced placement (AP) courses in calculus or statistics to demonstrate aptitude in quantitative analysis.

English: International students are generally required to demonstrate proficiency in English. This can typically be satisfied through standardized tests such as IELTS or TOEFL, with recommended scores being approximately 6.5 or higher for IELTS or 80 or higher for TOEFL, respectively. However, it is advisable to check specific score requirements directly from the university.

International students: International students must ensure they meet visa requirements to study in the host country. This generally involves providing necessary documentation such as proof of acceptance into the university, financial statements proving the ability to support themselves financially during their studies, and a valid passport. It is crucial for prospective students to consult the official immigration website to understand the specific documentation and regulations applicable to their situation.

Career outcomes

<ul><li>Actuarial Analyst</li><li>Risk Manager</li><li>Pension Consultant</li><li>Insurance Underwriter</li><li>Data Scientist</li><li>Finance Analyst</li><li>Investment Consultant</li></ul>

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