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Nov 30, 2024
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Undergraduate Calendar 2015-2016 [-ARCHIVED CALENDAR-]
Honours Actuarial and Financial Mathematics Co-op (B.Sc.)
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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
- Students interested in focusing on financial mathematics are strongly encouraged to take MATH 3A03 and one of MATH 1MP3 , COMPSCI 1MD3 , MATH 2T03 , 3Q03 .
- Students must complete STATS 4A03 or COMMERCE 3FA3 . However, COMMERCE 3FA3 is not usually available in the Winter Term, so may have to be taken in the Fall or Spring/Summer Terms.
- Students should take COMMERCE 1AA3 (or 2AA3) and COMMERCE 2FA3 by the end of Level II, to enable completion of COMMERCE 3FA3 in a Fall term of Level III or IV.
- 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.
Requirements
120 units total (Levels I to IV), of which no more than 48 units may be Level I Level I: 30 Units
Completed prior to admission to the program 30 units
- Completion of Level II Honours Actuarial and Financial Mathematics
Level III
Consists of Academic Term 1 (Fall) and completion of the first eight-month work term, Term 2 (Winter) and Summer Term Term 2 (Winter) and Summer:
Work Term Level IV
Consists of Academic Term 1 (Fall) and Academic Term 2 (Winter) and the first half of the second eight-month work term, Summer Term Terms 1 and 2 (Fall and Winter): 30 units:
9 units
from
- Course List (See Program Note 1 above.)
Level V
Consists of completion of the second half of the second eight-month work term, Term 1 and Academic Term 2 (Winter) Term 2 (Winter): 15 units:
3 units
from
- Course List (See Program Note 1 above.)
Co-op Program Chart
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SEP, OCT, NOV, DEC |
JAN, FEB, MAR, APR, |
MAY, JUN, JUL ,AUG |
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Term 1 |
Term 2 |
Summer Term |
Level III |
15 units from
Academic Level III
+
SCIENCE 2C00 if not
completed |
Work Term
SCIENCE 3WT0
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Term 1 |
Term 2 |
Summer Term |
Level IV |
15 units from
Academic Levels III, IV |
15 units from Academic
Levels III, IV |
Work Term
SCIENCE 4WT0
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Term 1 |
Term 2 |
Summer Term |
Level V |
Work Term
SCIENCE 5WT0
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15 units from Academic
Level IV |
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