Bachelor of Science - Financial Mathematics (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 in Financial Mathematics at the University of Prince Edward Island is designed to provide students with a robust foundation in financial mathematics. This program focuses on the application of mathematical models to finance, enabling students to analyze markets and pricing effectively. Graduates are well-prepared for careers in the financial sector or for further studies in advanced financial mathematics. The demand for financial mathematicians is high, as they are essential in developing solutions for complex financial issues. The program also offers excellent co-op work opportunities, allowing students to gain practical experience while studying.

Program structure

The Bachelor of Science in Financial Mathematics program is structured to ensure a comprehensive educational experience. The program length is 120 semester hours of credit, which includes a common core of courses that students complete in the first two years. Key features of the program structure include:

Common Core: A foundational set of courses in mathematics and statistics.
Advanced Courses: Specialized courses in financial mathematics, statistics, and economics.
Co-operative Education Option: Students can participate in a co-op program that combines academic studies with practical work experience.
Professional Development: Students are required to complete professional development courses alongside their academic coursework.

Students accepted into the co-op program will complete at least three paid work terms, each lasting approximately 14 weeks. This hands-on experience is invaluable in applying theoretical knowledge in real-world settings.

Featured Experiences

The Bachelor of Science in Financial Mathematics program offers several unique features that enhance the learning experience:

Co-op Program: An integrated approach that allows students to alternate academic terms with work terms, providing practical experience in the financial sector.
Professional Development Courses: Students engage in courses that prepare them for the professional world, enhancing their employability.
Hands-on Learning: Opportunities to apply theoretical knowledge in real-world scenarios through co-op placements.
Small Class Sizes: Students benefit from personalized attention and mentorship from faculty members.

Career Options

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

Financial Analyst: Analyzes financial data to help businesses make informed investment decisions.
Risk Manager: Identifies and mitigates financial risks within an organization.
Quantitative Analyst: Uses mathematical models to analyze financial markets and securities.
Actuary: Assesses financial risks using mathematics, statistics, and financial theory, often in the insurance industry.
Investment Banker: Assists clients in raising capital by underwriting and issuing securities.

These roles leverage the skills and knowledge gained through the program, making graduates highly sought after in the financial industry.

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 in Financial Mathematics program at the University of Prince Edward Island, prospective students should be aware of the following Academic Requirements:

High School Graduates:
- 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
Prerequisite Courses:
- Successful completion of Grade 12 Chemistry (or equivalent) is required as a prerequisite for permission to register in CHEM-1110.
International Students:
- International students must meet the same academic requirements as domestic students.
Transcripts may be required to be evaluated by WES in some cases.

It is advisable for students to apply as soon as possible to ensure they meet all necessary deadlines. For any clarification or support regarding the application process, please contact LOA Portal's advisors.

Language Requirements for Undergraduate Programs

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!