Program overview
Admission Requirements
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Last updated on 2025-12-03

Program overview

Program Overview

The Bachelor of Science (BSc) program in Actuarial Science is offered by the Department of Statistics and Actuarial Science within the Faculty of Science at Simon Fraser University. This program is designed to equip students with the necessary skills and knowledge to excel in the field of actuarial science, which involves the application of mathematical and statistical methods to assess risk in insurance, finance, and other industries. Students are encouraged to seek guidance from the department's advisors early in their academic journey to ensure effective program planning and to maximize their educational experience.

Program Structure

The Bachelor of Science in Actuarial Science is structured to provide a comprehensive education over a four-year period. The program includes:

  • Completion of 120 units as specified by the program requirements.
  • A mix of lower and upper division courses, ensuring a solid foundation in both theoretical and practical aspects of actuarial science.
  • Opportunities for co-op placements or internships, allowing students to gain real-world experience in the field.
  • Emphasis on maintaining a minimum GPA of 2.25 in relevant courses to continue in the program.

Students are required to complete a minimum of 44 upper division units, including at least 28 units in their major field, and must achieve a cumulative GPA of 2.5 or better to graduate.

Featured Experiences

The Bachelor of Science in Actuarial Science program offers several unique experiences that enhance learning and professional development:

  • Co-op opportunities that provide hands-on experience in the actuarial field.
  • Access to specialized labs and workshops focused on data analysis and statistical computing.
  • Joint partner programs that may allow students to collaborate with industry professionals.
  • Engagement in projects that apply theoretical knowledge to real-world scenarios, fostering critical thinking and problem-solving skills.

Career Options

Graduates of the Bachelor of Science in Actuarial Science can pursue a variety of career paths in Canada, including:

  • Actuary: Professionals who analyze financial risks using mathematics, statistics, and financial theory to study uncertain future events, primarily in the insurance and finance sectors.
  • Risk Analyst: Specialists who assess and manage risks for organizations, helping them to minimize potential losses and maximize opportunities.
  • Data Scientist: Experts who utilize statistical methods and algorithms to analyze complex data sets, providing insights that drive business decisions.
  • Insurance Underwriter: Individuals who evaluate the risks of insuring clients and determine appropriate coverage and premiums.
  • Financial Analyst: Professionals who analyze financial data and trends to guide investment decisions and financial planning for businesses and individuals.

 

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.

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