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5 Actuarial Sciences Degree Programs in Canada


Carleton University Undergraduate
Bachelor of Mathematics
- Ottawa, Canada
Bachelor's degree
Full time
3 years
On-Campus
English
Mathematics is a driving force behind many of today’s advancements in medicine, economics and business, and science and technology. As a Bachelor of Mathematics student, you can choose from a broad range of program options, such as actuarial science, mathematics, statistics, etc., according to your interests and career goals.


University of Prince Edward Island
BSc in Actuarial Science
- Charlottetown, Canada
BSc
Full time
4 years
On-Campus
English
Actuarial Science is the study of risk, usually risk associated with insurance, pension, and investment plans. Actuarial Science uses techniques from mathematics, statistics, business, economics, and finance. The Bachelor of Science with a Major in Actuarial Science prepares students to write the early exams required to become an Actuary.
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University of Waterloo
Bachelor in Actuarial Science
- Waterloo, Canada
Bachelor's degree
On-Campus
English
In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools. Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for.


University of Calgary
BSc in Actuarial Science
- Calgary, Canada
BSc
On-Campus
English
Actuarial Science scholars ask questions such as: How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments? Actuarial Science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.


Faculty of Environmental & Urban Change | YORK UNIVERSITY
Bachelor of Arts Actuarial Science
- Toronto, Canada
BA
On-Campus
English
Actuarial Science is the area of mathematics that applies quantitative methods to assess risks in the insurance and finance industries. It became a formal discipline in the late 17th century, when the increased demand for such long-term insurance coverages as life insurances, annuities, and burials expense coverages emerged.
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Learn more about Actuarial Sciences degree programs in Canada
Actuarial sciences play a vital role in managing risk and uncertainty in various industries, making it an essential field for those interested in mathematics and finance. With a strong emphasis on statistical analysis and risk assessment, a degree in this area prepares you to tackle real-world challenges.
Through courses in probability theory, financial mathematics, and statistics, you'll develop essential skills like conducting risk analyses and constructing financial models. The focus on applied learning through case studies and simulations fosters independence and builds confidence as you engage with complex scenarios. Empirical research and industry-linked projects shape your understanding, allowing you to connect theory with practical application in finance, insurance, and consulting sectors.
As a graduate, you’ll find diverse career paths, including roles as actuarial analysts, risk consultants, and pension specialists. This education equips you with globally transferable skills, enhancing your employability in both domestic and international markets. Canada's commitment to rigorous education in actuarial sciences ensures you're well-prepared to enter a dynamic workforce where your expertise is needed.