

Nov 15, 2019




Undergraduate Calendar 20182019 [ARCHIVED CALENDAR]
Honours Actuarial and Financial Mathematics Coop (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 online 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.
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 studies (Fall Term), Coop Work Term (Winter Term), and Coop Work Term (Spring/Summer Term)
Spring/Summer Term:
Work Term
Level IV
Consists of academic studies (Fall and Winter Terms) and Coop Work Term (Spring/Summer Term)
Fall and Winter Terms: 30 units:
9 units
from
 Course List (See Program Note 1 above.)
Spring/Summer Term:
Work Term
Level V
Consists of Coop Work Term (Fall Term) and academic studies (Winter Term)
3 units
from
 Course List (See Program Note 1 above.)
Coop Program Chart

FALL TERM
(September to December)

WINTER TERM
(January to April)

SPRING/SUMMER TERM
(May to August)

Level III 
15 units from
Academic Level III
+
SCIENCE 2C00 (if not
completed) and SCIENCE 3C00 
Work Term
SCIENCE 3WT0

Work Term
SCIENCE 3WT0

Level IV 
15 units from
Academic Levels III, IV 
15 units from Academic
Levels III, IV 
Work Term
SCIENCE 4WT0

Level V 
Work Term
SCIENCE 5WT0

15 units from Academic
Level IV 


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