University of Manitoba
University of Manitoba

66 Chancellors Circle, Winnipeg, Manitoba, Canada

Bachelor of Commerce - Actuarial Mathematics (Program Major)

4-Year Bachelor's Degree

Program Summary

The actuarial profession involves the application of mathematical disciplines; particularly probability, statistics and risk theory, to real life financial problems involving future uncertainty. The analysis involved helps people and organizations plan for and reduce financial risk in diverse areas such as life, health, disability, property and casualty insurance, annuities, pension plans and employee benefit plans.

Students in the Actuarial Studies major:  

  • are required to take the same business core courses as in other majors providing the opportunity to study other business-related areas   
  • can take as little as four actuarial courses to claim their major in actuarial mathematics
  • have access to the business library that provides updated study materials that help students prepare for professional actuarial exams

Academic Background

Minimum Level of Education Completed

Grade 12 / High School

Minimum GPA

50%

Minimum Language Test Scores

Reading

6

Writing

6

Listening

6

Speaking

6

Reading

10

Writing

10

Listening

10

Speaking

10

Program Intakes

Open date

October 2, 2024

Submission deadline

March 1, 2025

Open date

October 2, 2025

Submission deadline

March 1, 2026

Cost and Duration

4-Year Bachelor's Degree

Program Level

4 year bachelor's degree

Program Length

$20635 CAD

Cost of Living

$130 CAD

Application fee

$23600 CAD / First Year

Gross Tuition

Other Fees

Books and Supplies Fee: $1,500 per year
Health and Dental Plan Fee: $1,410 per year
Manitoba International Students Health Plan Fee: $1,032 per year
Student Organization Fee: $260 per year
Sport and Recreation Fee: $200 per year