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Actuarial Science, BA/B.Sc

  • Application Deadline
  • 48 months


Learn to balance financial success by understanding and evaluating the risks that exist in the financial and insurance world.

Gain extensive knowledge in the field of mathematics, statistics, and finance, to help businesses predict and manage uncertain future events and their associated financial impact.  

Learn to provide a valuable service by promoting financial security and stability for insurance companies, pension plans, government agencies, and other entities as well.


Key Features
  • As a graduate, enter a rewarding, fast-growing industry with specialised skills
  • Address the challenges and ever-changing financial and insurance markets, armed with specific knowledge to help you succeed.


Career Opportunities

Actuary, Actuarial (Financial, Insurance, Pension) Consultant, Chartered Enterprise Risk Analyst, Insurance Underwriter, government and private sector.


Officially accredited/recognized by the Ministry of Advanced Education and Skills Development, Ontario, Laurentian University (LU) is a large (enrollment range: 10,000-14,999 students) coeducational higher education institution. Laurentian University (LU) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. 

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Understanding and Using Financial Information
  • Introductory Accounting II
  • Computer Software for Sciences
  • Introduction to Microeconomics
  • Introduction to Macroeconomics
  • Financial Management I
  • Financial Management II
  • Calculus I
  • Calculus II
  • Discrete Mathematics I
  • Linear Algebra I
  • Advanced Calculus
  • Discrete Mathematics II
  • Linear Algebra II
  • Introduction to Differential Equations
  • Introduction to Actuarial Mathematics
  • Probability and Statistics
  • Regression Analysis
  • Time Series Analysis
  • Statistical Models in Actuarial Science
  • Statistics for Scientists

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:


    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

Academic Requirements

Applicants to our Bachelor of Arts programs require the successful completion of at least six grade 12 4U/M courses with a minimum overall average of 70% and must qualify to obtain their OSSD. BA programs in Mathematics require a grade 12 4U English, a grade 12 4U Mathematics course in Advanced Functions, one additional grade 12 4U Mathematics course, and three other Grade 12 4U/M courses.

Applicants to our Bachelor of Science programs require the successful completion of at least six grade 12 4U/M courses with a minimum overall average of 70% and must qualify to obtain their OSSD. Specific grade 12 courses are as follows: Grade 12 4U English, Grade 12 4U Advanced Functions, one additional Grade 12 4U Mathematics, and three Grade 12 4U/M courses

Tuition Fee

  • International Applies to you

    22241 CAD/year
    Tuition Fee
    Based on the original amount of 22241 CAD per year and a duration of 48 months.
  • National Applies to you

    6473 CAD/year
    Tuition Fee
    Based on the original amount of 6473 CAD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Greater Sudbury

  • 1015 - 1620 CAD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.