Actuarial Mathematics prepares students to be professionals who use mathematical models to analyse and solve financial problems under uncertainty. Actuaries are experts in the design, financing and operation of insurance plans, annuities, and pension or other employee benefit plans. An actuary requires a strong mathematical background, as well as knowledge of computers, accounting, finance and economics. Exposure to the social sciences and humanities is also important to provide a proper foundation for a broad approach to the many problems which the actuary regularly faces. The following Actuarial programs prepare students to write examinations to gain admission to the Canadian Institute of Actuaries and provide an excellent preparation for graduate studies in Actuarial Mathematics.
Students become familiar with computer programs that are used by actuaries to analyse socioeconomic data, make defined benefit plan calculations and create actuarial tables. They develop expertise in writing professional reports and become familiar with document preparation methodology. Employers such as insurance companies and consulting firms often classify these positions as actuarial assistants or actuarial analysts. Students work in a structured business environment that promotes teamwork and accountability, and enhances communication skills.
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
Mathematics
Grade 12 English
Quebec CEGEPS applicants must have completion of a two-year pre-university program or a three-year professional DEC (Diplôme d'études collégiales). For students from other provinces, Concordia requires a high school diploma and between four and five Grade 12 subjects. Please see http://www.concordia.ca/admissions/undergraduate/admission-requirements/ for details.
* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.
