Honours Actuarial and Financial Mathematics Co-op (B.Sc.)

Admission

Enrolment in this program is limited. Selection is based on academic achievement and an interview but requires, as a minimum, submission of the on-line application by the stated deadline, and completion of Level II Honours Actuarial and Financial Mathematics with a Cumulative Average of at least 6.0.

Program Notes

1. Students are required to take three units of either STATS 4A03  or COMMERCE 3FA3 . However, COMMERCE 3FA3  is not usually available in the winter term, but would have to be taken in the fall or in the spring/summer.
2. Students interested in focusing on financial mathematics are strongly encouraged to take MATH 3A03  and one of COMP SCI 1MD3 , MATH 2T03 , 3Q03 .

3. Students who have taken ECON 1B03  in Level I should take COMMERCE 1AA3  (or 2AA3) and COMMERCE 2FA3  in second year, to enable completion of COMMERCE 3FA3  in a fall term of Level III or IV.

4. Alternatives for meeting the requirement of three units of STATS 4A03  or COMMERCE 3FA3  would include distance learning courses accredited by the actuarial agencies for fulfillment of either the Applied Statistical Methods VEE, or the Corporate Finance VEE, respectively. Students considering this alternative must speak with a faculty advisor from the Department of Mathematics and Statistics.

Course List

• COMMERCE 2AB3 - Managerial Accounting I
• COMMERCE 4FP4
• COMMERCE 4FW3 - Finance for Entrepreneurs
• ECON 2G03 - Intermediate Microeconomics I
• ECON 2GG3 - Intermediate Microeconomics II
• ECON 2H03 - Intermediate Macroeconomics I
• ECON 2HH3 - Intermediate Macroeconomics II
• All Level III and IV Mathematics or Statistics courses

Requirements

120 units total (Levels I to IV), of which no more than 48 units may be Level I

Co-op Program Chart