Master in Mathematics in Actuarial Science
On Campus Learning,
Full Time, Part Time,
Master's Degree
The total service fee for this program:
€ 499
Pre payment for this program:
€ 99
Due to the impossibility of foreign currency payments for users residing in Iran, if you are applying for study admission in this program, before pressing the ‘Apply NOW‘ button, contact the support through the Call button below and after To get your suitable solution, proceed to upload the required documents.
ABOUT
Studying Master in Mathematics in Actuarial Science at University of Waterloo in Canada:
A Master’s in Actuarial Science within the field of Mathematics is a highly advanced program centered on the intricate realm of mathematical principles and their practical utilization in the evaluation and oversight of financial uncertainties. This degree program serves as the crucible, forging students into actuaries, adept professionals who harness the power of mathematics and statistics to make astute and well-founded choices across domains such as insurance, pensions, and investments.
Necessary information:
- Duration: 2 years
- Degree awarded by: University of Waterloo
- Admission criteria: Bachelor’s Degree
- Language of instruction: English
- Application fee: 125
- Tuition per year: 15,392
- Format: Full-Time, Part-Time
- Currency: CAD
Curriculum:
- Probability Theory
- Statistical Methods
- Financial Mathematics
- Actuarial Models
- Risk Management
- Life Insurance and Pension Plans
Career opportunities:
- Actuary
- Risk Analyst
- Insurance Underwriter
- Financial Consultant
- Pension Fund Manager
- Data Scientist
Application requirements:
Minimum admission requirements:
- A four-year Honours Bachelor’s degree with a significant actuarial science and/or statistics component
- An overall 78% average from a Canadian university (or its equivalent)
- An interview may be required
Application materials:
- A completed application form.
- Resume
- Supplementary information form (SIF)
- Transcript(s)
- Three references are required
- Proof of English language proficiency
English language requirements:
Students who do not have English as their first language are required to provide their scores from the English proficiency tests preferred by University of Waterloo.
| Exam | Minimum Score |
| TOEFL | 90 |
| IELTS | 7 |
Deadlines and intakes:
Admit term(s): Fall (September – December)
Application and document submission deadline(s): January 15 (for admission in September)
FREE VISA SERVICE
One of our very suitable solutions for applicants is to provide free visa services to study in this field from a pleasant country. If you need to receive free visa services, let us know your request
Expenses (CAD)
15,392
Application Fee
125
Program expenses
University & General Expenses
accommodation
The University of Waterloo provides a variety of accommodation options to suit the diverse needs of its students. On-campus housing is a convenient choice for those who prefer to live in close proximity to classes and campus facilities. The university offers residence halls with a range of room styles and meal plans.
For those seeking off-campus housing, the nearby community provides numerous rental options, including apartments and shared housing. Rent costs vary depending on the type of accommodation and location.
Here’s a detailed table showing the estimated costs for on-campus housing:
| Residence Hall | Room Type | Meal Plan | Estimated Annual Cost |
| Ron Eydt Village | Single | Full | $13,000 |
| UWP | Double | Full | $11,000 |
| REV | Single | Full | $12,500 |
After Graduation
The University of Waterloo not only offers a world-class education but also excellent post-graduation prospects for international students. Graduates find themselves well-prepared for the job market, with a strong network of alumni and industry connections.
Here’s a detailed list of the opportunities available to international students after graduating from the University of Waterloo:
- Work Opportunities: Canada provides a post-graduation work permit (PGWP) for international students, allowing them to work in Canada for up to three years after completing their studies.
- Co-op Experience: Many students gain valuable work experience through co-op programs, which can lead to job offers upon graduation.
- Networking: The university’s strong alumni network and connections with industries open doors to job opportunities.
- Permanent Residency: Some international graduates choose to apply for Canadian permanent residency, benefiting from Canada’s immigration-friendly policies.
- Entrepreneurship: Waterloo encourages entrepreneurship, making it a great place to start a business.
These opportunities make the University of Waterloo an excellent choice for international students looking to build a successful career in Canada.