Actuarial Science Major

(Science Program)
Enrolment Requirements: 

This is a limited enrolment program. All students who request the program and obtain at least the specified mark(s) in the required course(s) will be eligible to enrol. Courses required in either the major or specialist programs in actuarial science may not be taken as CR/NCR.

Required courses: MAT137Y1 with a final mark of at least 65% and ECO101H1 + ECO102H1, both with a final mark of at least 70%. Note that the Mathematics Department enforces MAT223H/240H as a prerequisite for MAT237Y.

Completion Requirements: 

(8.5 courses or their equivalent, including at least two full-course equivalents at the 300+-level, of which at least one is a the 400 level)

First Year:
1. MAT137Y1 (65%)/MAT157Y1
2. ECO101H1 (70%), ECO102H1 (70%)
3. MAT223H1/​MAT240H1 (should be taken in first year, enforced prerequisite for MAT237Y)

STA130H1 is strongly recommended.

Higher Years:
1. MGT201H1
2. ACT240H1, ACT245H1, ACT247H1, ACT348H1, ACT370H1
3. MAT237Y1/​MAT257Y1
4. STA257H1, STA261H1
5 Two of: ACT349H1, ACT371H1, ACT372H1, ACT451H1, ACT452H1, ACT455H1, ACT460H1, ACT466H1, ACT470H1, ACT473H1, ACT475H1, STA302H1, STA347H1, STA457H1


In order to enroll in ANY 300- or 400-level ACT course, the minimum grade of C must be obtained in each of ACT240H1, ACT245H1 and ACT247H1. The enrolment requirements and the prerequisites for all ACT courses will be strictly enforced.

Students who have an interest in pursuing studies in mathematical finance should consider taking MAT244H1, MAT336H1/​MAT337H1 and APM346H1.