Bachelor Of Mathematics - Actuarial Science (Co-op)

Program overview

At the University of Waterloo, the Bachelor of Mathematics in Actuarial Science program equips students with the essential skills to predict uncertain events in finance and insurance. This program is designed to provide a strong foundation in mathematics and statistics, enabling graduates to tackle real-world challenges. With a focus on practical applications, students will learn from experienced professionals in one of North America's leading actuarial schools. The program emphasizes a blend of technical and communication skills, ensuring that graduates are well-prepared for the job market.

Program structure

The Bachelor of Mathematics in Actuarial Science is offered as both a regular and a co-op program, allowing students to choose the path that best suits their career goals. The program typically spans four years, during which students will engage in a mix of theoretical and practical learning experiences.

Key features of the program structure include:

• Co-op opportunities that provide relevant paid work experience.
• Integration of mathematics, statistics, and computer science courses.
• Options to customize the degree with specializations in Finance or Predictive Analytics.
• Access to a wide range of electives from various disciplines.

Students will alternate between study and co-op terms, gaining valuable experience in the field. The co-op work-study sequence typically begins after the first year, allowing students to apply their classroom knowledge in real-world settings.

Featured Experiences

The Bachelor of Mathematics in Actuarial Science program offers several unique experiences that enhance learning and career readiness:

• Co-op Program: Students can participate in a co-op program that provides hands-on experience in various industries, including finance and insurance.
• Actuarial Science Club: A student-run organization that offers mentorship, career advice, and networking opportunities.
• Professional Accreditation: The program is accredited by the Canadian Institute of Actuaries, allowing students to skip certain professional exams.
• Sample Co-op Job Titles: Opportunities include roles such as Finance and Accounting Analyst, Actuarial Analyst, and Data Scientist.

Career Options

Graduates of the Bachelor of Mathematics in Actuarial Science program have a wide array of career options in Canada. Here are some potential job roles:

• Financial Business Analyst: Analyzes financial data to help organizations make informed decisions.
• Senior Actuarial Analyst: Works on complex actuarial projects, providing insights into risk and financial stability.
• Advisory Analyst: Offers strategic advice to clients in the insurance and finance sectors.
• Risk Modelling Analyst: Develops models to assess and mitigate financial risks for organizations.
• Actuarial Associate: Assists in the evaluation of financial risks and the development of insurance products.

These roles highlight the diverse opportunities available to graduates, who are well-prepared to enter a competitive job market with strong prospects and high starting salaries.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.