Overview

About this Degree

The Actuarial Science program at University of Toronto is using concepts from the areas of probability 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. Other actuarial courses deal with more specialized topics, and are generally taken by students with a more serious interest in the field or who want to pursue a career as an actuary. Professional accreditation as an actuary is obtained via the Canadian Institute of Actuaries by passing a series of examinations set by the Society of Actuaries or the Casualty Actuarial Society.

Programme Structure

Courses include:

Mathematics of Finance for Non-Actuaries

Mathematics of Investment & Credit

Financial Principles for Actuarial Science

Life Contingencies

Advanced Life Contingencies

Corporate Finance for Actuarial Science

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-09-02 00:00:00
- Apply before 2027-01-15 00:00:00

Language

English

Duolingo English Test

120

Take A Free Practice Test!

TOEFL^® IBT

89

Schedule TOEFL®

PTE Academic

65

Schedule a PTE test!

IELTS

6.5

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4.9/5 student rating

Credits

120 alternative credits

Delivered

On Campus

Campus Location

Toronto, Canada

Disciplines

Actuarial Science View 27 other Bachelors in Actuarial Science in Canada

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Total alumni

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

Duolingo English Test

120

Take A Free Practice Test!

TOEFL^® IBT

89

Schedule TOEFL®

PTE Academic

65

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

All applicants are required to present a senior level/Grade 12 English course for admission consideration

An International Baccalaureate Diploma, including English HL or SL is required for admission

English is the language of instruction and examination at U of T, and success in our degree programs requires a high level of English language proficiency

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

63570 CAD / year

≈ 63570 CAD / year
Domestic Applies to you

Applies to you

Citizens or residents

6100 CAD / year

≈ 6100 CAD / year

Living costs

Toronto

Canada

1502 - 2563 CAD / month

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

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

About this Degree

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying Business & Management

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Domestic Applies to you

Living costs

Toronto

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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