Bachelor of Science in Actuarial Science

General

Program Description

Are you a math and statistics whiz who is interested in projecting potential outcomes? Actuaries touch all aspects of our lives, from designing insurance and pension programs to working with professional sports teams.

This program will give you a strong statistical and mathematical background in preparation for most of the courses required by the Society of Actuaries and the Casualty Actuarial Society. The program involves a one-year internship so you can gain work experience before completing your undergraduate degree.

Sample Courses

Econometric Models and Forecasts, Risk Theory, Introduction to Casualty Insurance and Credibility, Mathematics of Finance, Canadian Pension Plan Review.

127270_photo-1460925895917-afdab827c52f.jpg Carlos Muza / Unsplash

Knowledge

Pure mathematics (e.g., algebra, calculus, geometry, number theory, topology); mathematical applications for assessing and solving “real” problems (e.g., employment trends); statistical methods (e.g., sampling techniques) and data analysis; actuarial mathematics, statistics and risk theories in the design of insurance, pension and other programs; statistical software and computing.

Skills

Analyze the structure of proof; deduce theorems and construct mathematical models; apply quantitative knowledge and reasoning to theoretical and applied sciences (e.g., population biology, computer graphics, internet security); apply statistical methods to survey development and analysis; utilize statistical software; think logically and analytically.

Examples of Career Fields and Occupations

  • Account Manager
  • Actuary
  • Applied Mathematician (various fields including finance, health, marketing, manufacturing, mining, science)
  • Biostatistician
  • Budget Analyst
  • Buyer (e.g., industry, institutions, retail)
  • Clinical Data Coordinator
  • Computer Scientist
  • Contracts Specialist
  • Cryptologist
  • Curriculum Developer
  • Data Analyst
  • Economist
  • Epidemiology
  • Financial Analyst
  • Industry Researcher
  • Information Technology
  • Insurance
  • Internet Researcher
  • Investment Analyst
  • Market Analyst (e.g., advertising, oil, hospitality)
  • Materials Management
  • Operations Research
  • Purchasing Agent (e.g., construction, hospitals, government, schools)
  • Pure Research
  • Retail Buyer
  • Risk Assessment
  • Statistician (e.g., law, government, industry)
  • Teacher/Professor
Last updated Apr 2020

About the School

Top 5 Reasons Why You Will Love the U of R! High ranking: One of Canada’s top 10 comprehensive universities. Support is our strength: From the moment we meet you and your family, until the moment you ... Read More

Top 5 Reasons Why You Will Love the U of R! High ranking: One of Canada’s top 10 comprehensive universities. Support is our strength: From the moment we meet you and your family, until the moment you find employment after graduation, we provide personalized services to encourage and assist in your academic and career needs. State of the art facilities: Come and discover our new campus. It is modern, clean and convenient. The campus is nestled in Wascana Park, one of the largest urban parks in North America! The U of R is a global community: We are large enough to host students from over 90 countries, yet small enough to give you a more personalized and focused academic experience. You can get to know your professors and faculty members. The student to faculty ratio is 20:1. We also have many associations that you can get involved with. Check it out! Success for life: Regina is your home away from home! It is safe, affordable and provides a high standard of living. Saskatchewan has an immigration nomination program that is faster than national program and is open to University of Regina graduates. Read less