Bachelor Of Commerce - Actuarial Mathematics (Program Major) at UOM - University of Manitoba - Program overview

Program overview

Admission Requirements

Intakes

Last updated on 2025-05-06

Program overview

Program Overview

The Bachelor of Commerce in Actuarial Mathematics at the University of Manitoba is designed for students interested in applying mathematical disciplines such as probability, statistics, and risk theory to real-life financial problems. This program prepares students to tackle future uncertainties in various sectors, including life, health, disability, property and casualty insurance, annuities, pension plans, and employee benefit plans. By equipping students with essential analytical skills, the program aims to help individuals and organizations effectively plan for and mitigate financial risks.

Program Structure

The Bachelor of Commerce in Actuarial Mathematics is structured to be completed in 4 years. The program offers a variety of options to enhance the educational experience, including:

Co-op opportunities that allow students to gain practical work experience.
International exchange programs to broaden global perspectives.

Students are required to take core business courses, which provide a solid foundation in business principles. Additionally, students can choose to pursue a double major in actuarial mathematics and another subject, allowing for greater flexibility in their studies. The program also emphasizes access to updated study materials through the business library, which aids in preparation for professional actuarial exams.

Featured Experiences

Co-op opportunities to explore various career paths and build a professional network.
International exchange programs that enhance employability and cultural understanding.
Access to the Warren Centre for Actuarial Studies and Research, providing a unique advantage in the actuarial field.
Participation in the University of Manitoba Actuarial Club (UMAC) for networking and study support.
Engagement with world-class professors who are active researchers and award-winning educators.

Career Options

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

Actuary: Professionals who analyze financial risks using mathematics, statistics, and financial theory to assess the likelihood of future events.
Pension Consultant: Specialists who advise organizations on pension plans and employee benefits, ensuring compliance and financial sustainability.
Insurance Underwriter: Individuals who evaluate insurance applications and determine coverage terms and premiums based on risk assessment.
Financial Analyst: Experts who analyze financial data to help businesses make informed investment decisions and improve profitability.
Risk Manager: Professionals responsible for identifying, assessing, and mitigating financial risks within organizations.

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

Visit UOM - University of Manitoba official website

Last updated on 2025-05-06

Program overview

Academic Requirements

To apply for the Bachelor of Commerce - Actuarial Mathematics program at the University of Manitoba, international students must meet the following Academic Requirements:

You must demonstrate English language proficiency.
You must meet one of the following requirements:
1. The general admission requirement based on your country of study.
2. The general admission requirement based on your curriculum of study, such as the International Baccalaureate (IB) or British patterned Education (GCE).
You must meet program-specific requirements based on your program of choice. Check your country for program-specific equivalencies, or contact the University admissions office for details.

For students from Vietnam, the specific requirement is to have a Bằng Tốt Nghiệp Trung Học Phổ Thông (Graduation Diploma for General Upper Secondary Education).

Additionally, transcripts may be required to be evaluated by WES in some cases.

It is highly recommended to apply as soon as possible to ensure a smooth admission process. For any clarification and support, please contact LOA Portal's advisors.

Language Requirements

All applicants are required to meet the University of Manitoba's approved English Proficiency Standards, either through an approved waiver or the successful completion of an approved English proficiency test.

The following English language proficiency tests are accepted:

IAEP (Intensive Academic English Program)
- Minimum score required: Pass Level 5/AEPUCE (Academic English Program for University and College Entrance)
IELTS (Academic - computer or paper) or IELTS Indicator (International English Language Testing System)
- Minimum score required: 6.5 overall
- Minimum score of 6.0 in each of the four modules (listening, reading, speaking, writing)
- IELTS One Skill Retake results are accepted by the Undergraduate Admissions Office, University of Manitoba
CAEL (Canadian Academic English Assessment) - Online or Test Centre
- Minimum score required: 60
TOEFL iBT or TOEFL iBT Paper Edition or TOEFL iBT Home Edition (Test of English as a Foreign Language)
- Minimum overall score of 86, and
- Minimum component scores:
  - 20 in Reading
  - 20 in Writing
  - 20 in Listening
  - 20 in Speaking
Cambridge Assessment English: C1 Advanced
- Minimum score required: 180
Cambridge Assessment English: C2 Proficiency
- Minimum score required: 180
Pearson Test of English
- Minimum score required: 58
Duolingo English Test
- Minimum overall score of 120, and
- Minimum component scores:
  - 105 in Literacy
  - 105 in Comprehension
  - 105 in Production
  - 105 in Conversation

Please check with our team for more details.

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!