Nov 21, 2024  
Undergraduate Calendar 2023-2024 
    
Undergraduate Calendar 2023-2024 [-ARCHIVED CALENDAR-]

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


Admission


Enrolment in this program is limited. Admission is by selection, and possession of the published minimum requirements does not guarantee admission. 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  with a Grade Point Average of at least 5.0.

Information about this program and the selection procedure can be obtained from the Science Career and Cooperative Education Office.

Program Notes


  1. This is a five-level (year) co-op program which includes two eight-month work terms which must be spent in actuarial and financial mathematics related placements.
  2. Students must be registered full-time and take a full academic workload, as prescribed by Level and Term.
  3. Students are required to complete  prior to the Fall Term of Level III.  Students are required to complete  before the first work placement.
  4. Students interested in focusing on financial mathematics are strongly encouraged to complete ,  and one of ,  or . Students should note that  is a prerequisite for  and that  is a prerequisite for .
  5. Students must complete  or  (or COMMERCE 3FA3). 
  6. Students should take  and  by the end of Level II, to enable completion of  (or COMMERCE 3FA3) in a Fall Term of Level III or IV.
  7. Alternatives for meeting the requirement of three units of  or  (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 .
  8. Students who entered the program prior to September 2023 may use  towards the Course List.

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

Level II: 30 Units


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

Co-op 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
+
 

Work Term

 

Work Term

 
Level IV 15 units from Academic Levels III, IV 15 units from Academic Levels III, IV

Work Term

 
Level V

Work Term

 
15 units from Academic Level IV