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Nov 23, 2024
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Undergraduate Calendar 2021-2022 [-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 Grade Point Average of at least 5.0.
Note:
Information about the program and the selection procedure may be obtained from Science Career and Cooperative Education.
Program Notes
- Students interested in focusing on financial mathematics are strongly encouraged to complete MATH 2XX3 , 3FF3 and one of COMPSCI 1MD3 , MATH 1MP3 or 3NA3 . Students should note that MATH 2X03 is a prerequisite for MATH 2XX3 and that MATH 2R03 is a prerequisite for MATH 3FF3 .
- 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 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 program including:
0-9 units
from the following courses, if not completed in Level I
Level III
Consists of academic studies (Fall Term), Co-op Work Term (Winter Term), and Co-op Work Term (Spring/Summer Term)
Spring/Summer Term:
Work Term
Level IV
Consists of academic studies (Fall and Winter Terms) and Co-op 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 Co-op Work Term (Fall Term) and academic studies (Winter Term)
Requirements For Students Who Entered in September 2020 or Prior
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 program including:
0-9 units
from the following courses, if not completed in Level I
Level III
Consists of academic studies (Fall Term), Co-op Work Term (Winter Term), and Co-op Work Term (Spring/Summer Term)
Spring/Summer Term:
Work Term
Level IV
Consists of academic studies (Fall and Winter Terms) and Co-op 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 Co-op Work Term (Fall Term) and academic studies (Winter Term)
3 units
from
- Course List (See Program Note 1 above.)
Co-op Program Chart
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FALL TERM
(September to December)
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WINTER TERM
(January to April)
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SPRING/SUMMER TERM
(May to August)
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| Level III |
15 units from Academic Level III
+
SCIENCE 2C00 (if not completed)
and SCIENCE 3C00
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Work Term
SCIENCE 3WT0
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Work Term
SCIENCE 3WT0
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| Level IV |
15 units from Academic Levels III, IV |
15 units from Academic Levels III, IV |
Work Term
SCIENCE 4WT0
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| Level V |
Work Term
SCIENCE 5WT0
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15 units from Academic Level IV |
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