Bachelor of Science - Actuarial Science (Optional Co-op) at University of Prince Edward Island - Program overview

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Program overview

Admission Requirements

Intakes

Last updated on 2025-03-31

Program overview

The Bachelor of Science with a Major in Actuarial Science at the University of Prince Edward Island is designed to equip students with the necessary skills to pursue a career as an actuary. This program focuses on the study of risk, particularly in relation to insurance, pensions, and investment plans. Students will learn to apply techniques from various fields such as mathematics, statistics, business, economics, and finance. With a strong demand for actuaries in Canada and a 0% unemployment rate in this profession, graduates can expect excellent career opportunities upon completion of their degree.

Program structure

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

Common core courses that lay the foundation in mathematics and statistics.
Advanced courses tailored to actuarial science, including topics like financial mathematics and risk modeling.
Opportunities for specialization, particularly for those aiming to achieve Associate status from the Canadian Institute of Actuaries.
A Co-operative Education option that allows students to gain practical work experience alongside their studies.

Students are encouraged to complete at least three paid work terms, typically lasting 14 weeks each, which enhances their learning experience and employability.

Featured Experiences

The Bachelor of Science in Actuarial Science program offers several unique features that enhance the educational experience:

Co-operative Education: This program integrates academic studies with practical work experience, allowing students to apply theoretical knowledge in real-world settings.
Professional Development Courses: Students complete professional development courses alongside their work terms, further preparing them for their careers.
Networking Opportunities: Students have the chance to connect with industry professionals during their co-op placements, which can lead to future job opportunities.
Comprehensive Curriculum: The program covers a wide range of topics essential for a successful career in actuarial science, ensuring students are well-prepared for the workforce.

Career Options

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

Actuary: Professionals who analyze financial risks using mathematics, statistics, and financial theory to assess the likelihood of future events.
Risk Analyst: Specialists who evaluate and manage risks for organizations, helping them make informed decisions regarding insurance and investments.
Financial Analyst: Experts who analyze financial data and trends to provide insights and recommendations for investment strategies.
Pension Consultant: Advisors who help organizations design and manage pension plans, ensuring compliance with regulations and financial sustainability.
Insurance Underwriter: Professionals who assess risks and determine the terms and pricing of insurance policies based on statistical data.

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

Visit University of Prince Edward Island official website

Last updated on 2025-03-31

Program overview

Academic Requirements

To apply for the Bachelor of Science - Actuarial Science program at the University of Prince Edward Island, prospective students must meet the following admission criteria:

High School Graduates must have completed the following courses:
- Grade 12 Academic English
- Grade 12 Academic Mathematics
- Two Grade 12 Academic Science subjects (acceptable subjects include Chemistry, Biology, Physics, Computer Science, Oceanography, Animal Science, Environmental Science)
- One additional Grade 12 Academic course
Successful completion of Grade 12 Chemistry (or equivalent) is required as a prerequisite for permission to register in CHEM-1110.
Transcripts may be required to be evaluated by WES in some cases.

For international students, specific requirements may apply. It is advisable to contact LOA Portal's advisors for any clarification and support regarding the application process.

Students are encouraged to apply as soon as possible to ensure they meet all necessary deadlines and requirements.

Language Requirements

English Language Proficiency Requirements

The language of instruction at the University of Prince Edward Island is English. All academically admissible applicants, regardless of their country of origin or citizenship status, are required to demonstrate proficiency in the English language prior to undertaking studies at the University of Prince Edward Island. Proficiency may be demonstrated by:

Undergraduate programs

Three years of full-time study in English in Canada or in another country where English is a principal language (as recognized by UPEI); evidence of bilingualism (English and another language) is acceptable for those applicants educated in Canada in a language other than English; OR
Submission of an official test score at or above the acceptable minimum, such as:

Test	Arts, Science, Business, Engineering and Baccalauréate en éducation, Français Langue Seconde	Nursing, Radiography, Doctor of Veterinary Medicine & Education
IELTS (Academic)	Overall score of 6.5 with no band below 6	Overall score of 7 with 7 in writing and speaking; 6.5 in reading and listening
TOEFL paper-based test	550 with minimum TWE of 5.5	600 with minimum TWE of 6
TOEFL internet-based test	80 with minimum of 20 in each category	100 with a minimum of 25 in speaking and writing, 22 in reading and listening
TOEFL essentials	8.5 (overall) no score below 8.0	Not accepted
CAEL (including CAEL Online)	60	70
Pearson Test of English	58	66
Cambridge B2 First, C1 Advanced or C2 Proficiency	Overall score of 176 with 176 in writing and no other skill below 169	Overall score of 185 with 185 in writing and speaking; 176 in reading and listening
GTEC CBT	1176–1250	1250 and above
English 621*	70%	N/A

Applicants without English proficiency test scores, or with scores below the minimum, may be admitted conditionally (NOT available to applicants seeking admission to Nursing, Radiography, Education or Doctor of Veterinary Medicine), and will be assessed by the EAP Coordinator upon arrival. Depending upon the assessment result, students may be placed in either full-time or part-time EAP. Part-time EAP is taken in combination with up to three credit courses. Upon successful completion of EAP, with an acceptable test score as noted above, these students will be eligible to begin academic studies without conditions related to English language proficiency.

*Prince Edward Island high school course English 621 or an analogous grade 12 academic English course from another Canadian Provincial curriculum.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors. The listed minimum requirements are a guideline and do not guarantee admission. Do not worry, we will notify you of any changes during the application process.

Not meeting the minimum language requirements?

You may still be able to apply!