Actuarial Science

Bachelor of Science (BSc)

Actuarial Science scholars ask questions such as: How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments? Actuarial Science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.

During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. You will work collaboratively with your peers, gain hands-on experience learning techniques and using tools to address real-world issues, and have the opportunity to learn from mentors or pursue an honours degree.

Career opportunities

Actuaries have global opportunities to work in areas such as:

insurance
employee benefits and pensions
quantitative finance
management consulting

A degree in Actuarial Science can also be used as a stepping-stone to graduate studies or another professional degree such as law, medicine, veterinary medicine, or architecture.

Program highlights

Collaborative team work - Interact with your peers while learning to collaborate on projects.
Practical research opportunities - Gain hands-on experience learning techniques and using tools to address real-world issues.
Mentorship opportunities - A formal or informal relationship where you connect with, and learn from, an established professional.
Honours Degree - In-depth study of a specific topic completed under the supervision of a faculty member.

Courses in this program

Introductory Calculus, Linear Methods, Advanced Introduction to Computer Science, Programming with Data

Internationalize your degree

Take your learning off campus by exploring one of our 200+ international opportunities. For example, in Actuarial Science, you can go on exchange to the University of Hong Kong. We encourage you to check out UCalgary’s selection of programs.

Detailed course information

In my search to determine what to pursue in university, I was uncertain about which field to delve into as my passions were mathematics and business. It wasn't until I discovered actuarial science that everything fell into place. Actuarial science is an area of study that intersects risk management, statistics and finance. Engaging in the study of actuarial science has honed my problem-solving skills and has equipped me to navigate a variety of business scenarios, priming me for success in the workplace.

Caitlin H.

Actuarial Science student

Admission requirements

I am currently a(n):

High school student or graduate
University transfer student
Adult/mature student
After degree student

My education systems is:

Use the Undergraduate Student Cost Estimator to calculate your expenses as a first-year student. Undergraduate Student Cost Estimator

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