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 Grade Point Average of at least 5.0.
Program Notes
Students interested in focusing on financial mathematics are strongly encouraged to take MATH 3A03 and one of MATH 1MP3, 3NA3, COMPSCI 1MD3.
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.