

May 23, 2024




Undergraduate Calendar 20232024 [ARCHIVED CALENDAR]
Honours Actuarial and Financial Mathematics Coop (B.Sc.)


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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 online application by the stated deadline, and completion of Level II Honours Actuarial and Financial Mathematics (B.Sc.) 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
 This is a fivelevel (year) coop program which includes two eightmonth work terms which must be spent in actuarial and financial mathematics related placements.
 Students must be registered fulltime and take a full academic workload, as prescribed by Level and Term.
 Students are required to complete SCIENCE 2C00 prior to the Fall Term of Level III. Students are required to complete SCIENCE 3C00 before the first work placement.
 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 2FB3 (or COMMERCE 3FA3).
 Students should take COMMERCE 1AA3 and COMMERCE 2FA3 by the end of Level II, to enable completion of COMMERCE 2FB3 (or COMMERCE 3FA3) in a Fall Term of Level III or IV.
 Alternatives for meeting the requirement of three units of STATS 4A03 or COMMERCE 2FB3 (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 .
 Students who entered the program prior to September 2023 may use COMMERCE 4FP3 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
30 units
Completion of Level II Honours Actuarial and Financial Mathematics program including:
09 units
from the following courses, if not completed in Level I
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 Notes 4 and 8 above.)
Spring/Summer Term:
Work Term
Level V
Consists of Coop 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:
09 units
from the following courses, if not completed in Level I
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 Notes 4 and 8 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 Notes 4 and 8 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 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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