Honours Bachelor of Science (Actuarial Science) is a 4 years Bachelor program taught at University of Toronto, . The program is offered in campus-based modes with full Time options. To successfully obtain Honours Bachelor of Science (Actuarial Science) from University of Toronto you are required to complete 8.5 credit hours. After completion of Honours Bachelor of Science (Actuarial Science) you will be able to further continue for advance studies or start career as Actuarial Manager, Actuarial Analyst, Actuary.
The minimum requirements for admission in Honours Bachelor of Science (Actuarial Science) at University of Toronto for all applicants (Domestic or International) are:
Note: Please check the university website in the link below.
You need to complete 8.5 credit hours to successfully obtain this degree. Please check detail of study units at https://future.utoronto.ca/undergraduate-programs/actuarial-science/
Actuarial Science is based upon the application of mathematical techniques to reduce the impact of such hazards as loss of income through death, disability, or retirement, or loss of property through fire, accident, or theft. Actuaries are the chief architects of life, health, and property insurance plans, and pension plans, and bear the major responsibility for their financial soundness. By using concepts from the areas of probability and finance, actuaries model, forecast and value the costs of benefits that will be provided to the participants in such plans. Methods developed for modeling insurance risk can also be applied to modeling investment risk, and actuaries apply their expertise to the valuation of sophisticated investment vehicles such as options on equities, bonds and other investment derivatives.
Actuarial Science (Major, Specialist)