Actuarial Science
The Department of Mathematics and Statistics at мÓÆÂÁùºÏ²Ê¿ª½±Ö±²¥ offers Majors in Mathematics, Statistics, and Actuarial Science, with opportunities for one-on-one learning in smaller classes taught by award-winning faculty.Ìý
Complete your undergraduate degree as a major, or consider completing an honours degree and/or earning one or more certificates if certain courses are taken as part of the program. Graduate prepared for the Society of Actuaries (SOA) examinations, the final step toward becoming a professional actuaryÌýwith internationally recognized credentials.
Your major map: Actuarial Science
The Actuarial Science Major Map highlights academic and co-curricular opportunities and provides an overview of how students can customize their degree. Students are encouraged to connect with advising supports at мÓÆÂÁùºÏ²Ê¿ª½±Ö±²¥ and use the Ìý²¹²Ô»å to create their course plan.
< 30 CREDIT HOURS/FIRST YEAR
- Complete required introductory courses in Mathematics: MATH 1000/1010 and in other required subjects. See the first-year course planner worksheet for more information
- At the end of your first year, you can declare your major and register for second-year courses
30-60 CREDIT HOURS/SECOND YEAR
- You will start taking more core courses* in Mathematics and Statistics, deepening your knowledge of the disciplines: CSCI 2202, MATH 2001, MATH 2040, STAT 2060, STAT 2080, STAT 2450, STAT 2600
- Consider combining your degree with another subject with a double major, minor, or certificate
60-90 CREDIT HOURS/THIRD YEAR+
- Aim to take 4-5 ACSC and STAT courses* grouped around topics that interest you.
- MakeÌýsure you're on track with course requirements usingÌýDARSÌý
- Apply for an honours degree ahead of your fourth year if you are considering graduate studies
90-120 CREDIT HOURS/FINAL YEAR
- In your final year, you should be taking 4-5 ACSC and STAT courses*
- Complete any remaining requirements for a certificate or minor and check your degree audit to ensure you are on track to graduateÌý
- Apply to graduate by Dec 1 for spring convocation and July 2 for fall convocationÌý
*Note that not all courses are offered each semester or year and that course requirements may vary according to your degree type (major, double major, minor, honors). Be sure to keep track of these by consulting the academic calendar.Ìý
*After declaring your major, we strongly encourage you to connect withÌýprogram advisorsÌýfor course planning and any other questions related to your program.ÌýÌý
< 30 CREDIT HOURS/FIRST YEAR
Your first year is a time to explore your interests and build your connections
- Enroll in a (FIGS) like Logic and Problem Solving and Innovation and Entrepreneurship in Science, or sign up to be mentored by an upper-year student.
30-60 CREDIT HOURS/SECOND YEAR
- Explore the portal to browse through work and volunteer opportunities on and off campus.
- See how you can get involved in community activities or math competitions associated with the department
60-90 CREDIT HOURS/THIRD YEAR+
- Consider applying for a summer research award. There are 70 Faculty-coordinated summer research awards available each year, on a competitive basis
- Other opportunities for senior undergraduate students include science communications internships, , and leadership roles with your departmental society
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Ìý< 30 CREDIT HOURS/FIRST YEAR
- Attend the Dal Science Welcome Party
- Attend the Faculty of Science Program Fair for help planning your next steps
- Consider joining DUASS – мÓÆÂÁùºÏ²Ê¿ª½±Ö±²¥ Undergraduate Actuarial Student Society! Meet other like-minded students and participate in fun eventsÌý
- Stuck on a stats problem? visit the department's learning center for some help
30-60 CREDIT HOURS /SECOND YEARÌý
- Reach out to award-winning faculty to inquire about volunteering in aÌýresearch center labÌýacross a variety of specialized topics
- Attend the colloquia andÌýseminars held by the department, where students and colleagues share innovative research and ideas
60-90 CREDIT HOURS/THIRD YEAR+ Ìý
- ÌýConsider running for a position with the Dal Science Society's Executive or with your student society
90-120 CREDIT HOURS/FINAL YEAR
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< 30 CREDIT HOURS/FIRST-YEARÌýÌý
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Ìý30-60 CREDIT HOURS/SECOND YEAR Ìý
- Explore career paths and industries that spark your interest by attending an alumni panel discussion
60-90 CREDIT HOURS/THIRD YEAR+
- See which scholarships, bursaries, and prizes might be available to you through the department, on a competitive basis
90-120 CREDIT HOURS/FINAL YEAR
- Time to celebrate your achievements and graduate!Ìý
- Connect with the Bissett Student Success Success Centre career supports to get prepared for interviews, and more as your prepare to head out on the job hunt or to apply for graduate school
For any questions about your major, enrolling in a minor or certificate, summer research, or honours, speak with a program advisor!
Where your degree can take you
A BSc degree in Actuarial Science provides great preparation for a variety of careers.ÌýThe skills and knowledge acquired through this program can be applied, but not limited to career paths in:ÌýÌý
Finance, insurance, consulting, business management, commerce, government and policy, economics, education, and research, among many more.Ìý
Ìý
Graduate prepared for theÌý (SOA)Ìýexaminations, the final step toward becoming a professional actuaryÌýwith internationally recognized credentials.
Core competencies gained
Discipline-related skills:Ìý
- A solid background in the theories and applications in mathematics, statistics, economics, and computer science
- Ability to evaluate risks to maintain the economic stability of insurance or financial organizations using the latest digital technologiesÌý
- Strong numeracy and computer literacy skills, and usage of various modeling and statistical softwareÌý
Transferable skills:Ìý
- Academic writing and presentation skills
- Critical thinking and analytical skills
- Communication and interpersonal skills
- Time management
- Leadership and teamwork
- Basic statistical analysesÌý
- Research skills
- Data analysis
Possible careers and employment
Actuarial Science Alumni can be employed within a variety of industries and have multiple career path options.ÌýThese are influenced by the student's elective courses, experiential learning choices, and certificates.Ìý Some of the options below will typically require graduate-level training*, while some can be pursued following the completion of baccalaureate program only.
- Actuary*
- Accountant*
- Actuarial consultant
- Business metrics analyst
- Budget analyst
- Data analyst
- Economist*
- Financial analyst
- Insurance actuarial analyst
- Investment analyst
- Risk analyst
- Statistician
- Teacher/professor*
- Underwriter
