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 Actuarial Science
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SchoolYork University
LocationToronto, ON, Canada
School TypeUniversity
School SizeFull-time Undergraduate: 42,000
Full-time Graduate: 3,950
DegreeBachelor
Honours
Co-op
Length3 Year(s)
Entry Grade (%)*75% to 100%
Prerequisites
Prerequisites Notes
Cost
International: $26,975
Scholarships
DescriptionActuarial Science is the area of mathematics that applies quantitative methods to assess risks in the insurance and finance industries. It became a formal discipline in the late 17th century, when the increased demand for such long-term insurance coverages as life insurances, annuities, and burials expense coverages emerged. Since then and for a long time, actuaries have been interested in studying the present monetary value of future obligations as well as the variability of these present values in the contexts of life and health insurance, property and casualty insurance, pension funds and social wealth-fare programs. Today actuaries are also being employed in the areas of enterprise risk management, and even in general finance and investment.
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*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.