Program Details

Actuarial Science School: University of Toronto - St. George Faculty: Arts and Science Degree: Bachelor ; Honours Field of Study: Actuarial Science Description: Actuarial Science is based upon the application of mathematical techniques to reduce the impact of such hazards as loss of income through death, disability, or retirement, or loss of property through fire, accident, or theft. Actuaries are the chief architects of life, health, and property insurance plans, and pension plans, and bear the major esponsibility for their financial soundness. By using concepts from the areas of probabilities and finance, actuaries model, forecast and value the costs of benefits that will be provided to the participants in such plans. Methods developed for modeling insurance risk can also be applied to modeling investment risk, and actuaries apply their expertise to the valuation of sophisticated investment vehicles such as options on equities, bonds and other investment derivatives. A Specialist Program in Actuarial Science is also available. Website: Actuarial Science at University of Toronto - St. George Length: 4 Year(s) Careers: 3 career(s) Admission Requirements Prerequisites: These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school. Grade 12 English Grade 12 Calculus and Vectors No direct entry. Test Scores: TOEFL (CBT) [min. 250] or TOEFL (iBT) [min. 100] or TOEFL (PBT) [min. 600] Deadlines: Application Deadline Start Date March 1, 2013 * 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.