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bachelor

Degree

Bachelor of Commerce - Actuarial Mathematics (Business) (Honours)

bachelor

Degree

Bachelor of Commerce - Actuarial Mathematics (Business) (Honours)

Quick facts

  • Tuition

    $22,100 CAD

  • Application fee

    $120 CAD

  • Duration

    4 years

  • PGWP

    3 years

  • Min GPA

    85 out of 100

Options
Co-op

These items are optional and you can choose them as you wish after applying for the course.

Deadlines

Term start & deadline Deadline
Fall-September 01-March-2023 2023-03-01

Overview

Bachelor of Commerce - Actuarial Mathematics (Business) (Honours)

The actuarial profession involves the application of mathematical disciplines; particularly probability, statistics and risk theory, to real life financial problems involving future uncertainty. 

The analysis involved helps people and organizations plan for and reduce financial risk in diverse areas such as life, health, disability, property and casualty insurance, annuities, pension plans and employee benefit plans.

The establishment of the Warren Centre for Actuarial Studies at Manitoba university and Research as a part of the Asper School of Business makes it possible to continue and enhance the tradition of excellence which has distinguished the university’s actuarial program. 

Students pursuing the actuarial mathematics major have access to business and management-oriented courses. 

The Actuarial Mathematics major at the Warren Centre is the only Canadian actuarial program able to provide students with this powerful career advantage.

Estimate your cost

Residency
Count of person

$31,304

Total costs

yearly

Details


Cost of living 1 person $6,960
Accommodation 1 bed room $9,204
Tuition 1 person $22,100

Hourly wage

Min wage

11.95 CAD / 1 hour

in Canada every student can work 20 hour per week

Required documents

  • Transcripts and course information from previous studies
  • Proof of English language proficiency
  • A personal statement about your goals for the program
  • A portfolio of your previous work
  • An audition or interview (If required)
  • VISA and Passport

Language requirements

GRE
not required
GMAT
not required

IELTS

6.5
6
listening
6
writing
6
speaking
6
reading

TOEFL

86
20
listening
20
writing
20
speaking
20
reading

PTE

58
-
listening
-
writing
-
speaking
-
reading

Cambridge

180
-
listening
-
writing
-
speaking
-
reading
Language pathway (conditional offer) is available

The English Language Centre (ELC) at the University of Manitoba (UM) offers the full-time Intensive Academic English Program (IAEP). 

If the student does not meet the English Language Proficiency requirement for their program of interest, the student can take advantage of this program to obtain the Academic English language skills needed to complete a degree.

If you have already achieved one of these minimum test scores, you may be eligible to enter Level 5 of the IAEP directly:

  • 5.5 (Academic) or higher in the International English Language Testing System (IELTS).
  • 5.5 (Academic) or higher in the International English Language Testing System Indicator (IELTS Indicator) for Spring/Summer and Fall 2021 applications
  • Minimum 16 in each component and 70 overall on the Test of English as a Foreign Language (TOEFL)
  • 3.5 Listening, 3.5 Reading and 3.5 Writing in the Canadian Test of English for Scholars and Trainees (CanTEST)*
  • 50 or higher in the Canadian Academic English Language Assessment (CAEL)
  • Duolingo English Test (95 and above) for Spring/Summer and Fall 2021 applications

Academic background and requirement

An equivalent minimum average of 85% over the following senior level courses, with no less than 70% in each course: • English • Pre-Calculus Mathematics • A third academic course • A fourth academic course

Career opportunities

  • Technical, business, and organizational positions with life, health, and property/casualty insurers
  • Pension and Employee Benefits Consultant
  • Educator or Researcher
  • Positions with government agencies, banks, and other financial institutions

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