Bachelor Of Science - Actuarial Science (Optional Co-op)

Program overview

The Bachelor of Science with a Major in Actuarial Science at UPEI is designed to equip students with the necessary skills to analyze and manage risk, particularly in the fields of insurance, pensions, and investments. This program prepares students to take the early exams required to become a professional actuary. With a strong emphasis on mathematics, statistics, business, economics, and finance, graduates are well-prepared for a career in a high-demand field. UPEI offers the only complete actuarial degree in Atlantic Canada, ensuring students receive a comprehensive education that leads to excellent career opportunities and co-op work experiences.

Program structure

The Bachelor of Science in Actuarial Science program is structured to provide a solid foundation in both theoretical and practical aspects of actuarial science. The program length is 120 semester hours of credit, which includes a common core of courses and specialized actuarial courses. Key features of the program structure include:

• Completion of a common core of courses in the first two years.
• Specialization options available, including a Pre-professional Specialization for those aiming for Associate status from the Canadian Institute of Actuaries.
• Co-operative Education option, allowing students to gain practical work experience alongside their studies.
• Integration of professional development courses with work terms.

Students can apply for the Co-op Program after completing their first year, which includes at least three paid work terms of normally 14 weeks duration. This hands-on experience is invaluable in applying theoretical knowledge in real-world settings.

Featured Experiences

The Bachelor of Science in Actuarial Science program at UPEI offers several unique experiences that enhance the educational journey:

• Co-operative Education Program, which combines classroom learning with practical work experience.
• Access to state-of-the-art facilities and resources within the School of Mathematical and Computational Sciences.
• Opportunities to participate in professional development courses alongside work terms.
• Networking opportunities with industry professionals through co-op placements.
• Supportive faculty and staff dedicated to student success and engagement.

Career Options

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

• Actuary: Professionals who analyze financial risks using mathematics, statistics, and financial theory to develop policies that minimize risk.
• Risk Analyst: Specialists who assess and manage risks associated with financial investments and insurance policies.
• Data Analyst: Experts who interpret complex data sets to inform business decisions and strategies.
• Financial Consultant: Advisors who provide guidance on financial planning, investments, and risk management to individuals and organizations.
• Insurance Underwriter: Professionals who evaluate insurance applications and determine coverage terms and premiums based on risk assessment.

These roles not only offer competitive salaries but also provide opportunities for growth and advancement in the financial sector.

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