Waterloo is one of the best universities in Canada to study Actuarial Science.Admission Requirement into the university for the program are as explained below
Started in 2014, 2015 or 2016:
- For admission in 2A or 2B: At least 10 passed courses, completed MTHEL 131, Cumulated Average (CAV) an average over 70%. No fails/DNWs/WFs.
- For admission in 3A or later: Completed MTHEL 131, Special Major Average (SMAV) over 70% (exists once you have 3 courses from: STAT 230/231, ACTSC 231/232, any 300-400 level math courses).
- Transfer students: At least 2.5 units of transfer credit from another university, completed MTHEL 131, at least five courses with an average over 70%. No fails/DNWs/WFs.
Started in 2013:
- For admission in 2A or 2B: At least 10 passed courses, completed MTHEL 131, CAV over 70%. No fails/DNWs/WFs.
- For admission in 3A or later: Completed MTHEL 131, Major Average (MAV) over 70% (exists once you have 3 courses from: STAT 230/231, ACTSC 231/232, any 300-400 level math courses).
- Transfer students: At least 2.5 units of transfer credit from another university, completed MTHEL 131, at least five courses with an average over 70%. No fails/DNWs/WFs.
Started in 2010 or 2011 or 2012:
- For admission in 2A or 2B: At least 10 courses with CAV over 70%. No fails/DNWs/WFs.
- For admission in 3A or later: MAV over 70%. No more than one excluded course in MAV.
- Transfer students: At least 2.5 units of transfer credit from another university, at least five courses with an average over 70%. No fails/DNWs/WFs.
Statistics and Statistics for Health
Started in 2014, 2015 or 2016:
A student with CAV >= 60% and MAV >= 65% in the Faculty of Mathematics may ask to be admitted to Statistics or Statistics for Health, provided they have passed a minimum of 10 courses.
Note: the MAV for calendars in 2014 and on includes all math courses.
Started in 2013 or earlier:
A student in good standing (CAV >= 60%, MAV >= 60%) in the Faculty of Mathematics may ask to be admitted to Statistics or Statistics for Health, provided they have passed a minimum of 10 courses.
About Statistics and Actuarial Science
The Department of Statistics and Actuarial Science is among the top academic units for statistical and actuarial science in the world and is home to more than 40 research active full-time faculty working in diverse and exciting areas. We offer bachelor’s, master’s and doctoral programs in Statistics and Actuarial Science and numerous joint programs with other Departments.
The Department offers a vibrant research environment for a wide range of areas including foundations of statistics, analysis of longitudinal and life history data, computational inference, finance, risk management, ruin theory, survey methods, industrial statistics, interdisciplinary collaborative work.
The Department benefits from close relationships with several research groups on campus including Waterloo Research Institute in Insurance, Securities and Quantitative Finance (WatRISQ), Business and Industrial Research Group (BISRG), Propel Centre for Population Health Impact (PROPEL), Centre for Computational Mathematics in Industry and Commerce (CCMIC), Survey Research Centre (SRC), and many others.
The Department is also home to over 900 undergraduate students and about 150 graduate students in programs including Actuarial Science, Master of Actuarial Science (M.Act.Sc.) Program, Biostatistics, Master of Quantitative Finance (MQF), Statistics, and Statistics-Computing.
