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
- are able to pursue a double major in actuarial mathematics and a second subject if they choose
- have access to the business library that provides updated study materials that help students prepare for professional actuarial exams
Dynamic career options
The Actuarial Mathematics Major is a dynamic and compelling program that prepares students to become professional actuaries or engage in post-graduate studies. Careers for recent graduates include:
- technical, business, and organizational positions with life, health, and property/casualty insurers
- pension and employee benefits consultant
- educator or researcher
- positions with government agencies, banks, and other financial institutions
World class professors
Students who study marketing at the University of Manitoba will be taught by excellent professors - many of which have won prestigious teaching awards. Our full-time professors are also active researchers, who have written textbooks, received national research grants, and had their articles published in top journals.
Read what our students had to say about Asper School of Business professors on World Teacher's Day.
Make friends and participate in study groups by joining UMAC, the University of Manitoba Actuarial Club. Student groups are a great way to add value to your education and gain new experiences outside of the classroom.
Expected duration: 4 years
The establishment of the Warren Centre for Actuarial Studies and Research as a part of the Asper School of Business makes it possible to continue and enhance the tradition of excellence which has distinguished the university’s actuarial program. Students pursuing the actuarial mathematics major have access to business and management-oriented courses. The Actuarial Mathematics major at the Warren Centre is the only Canadian actuarial program able to provide students with this powerful career advantage.
Choosing a major
In the Asper Bachelor of Commerce program, students typically choose a major at the beginning of their third year. Each student must declare at least one major and present a minimum Degree Grade Point Average of 2.00.
It is important to make sure you are following the correct program requirements for your chosen major. The best way to do this is to email an Asper program advisor or call the Asper Help Line at 204-474-6388.
Sample course offerings
- ACT 2020: Economic and Financial Applications (3 credit hours)
- ACT 2120: Interest Theory (3 credit hours)
- ACT 3130: Actuarial Models 1 (3 credit hours)
- ACT 3340: Financial Derivatives (3 credit hours) for Actuarial Practice (3 credit hours)
- ACT 3630: Models for Life Contingencies (3 credit hours)
- ACT 4010: Regression Modeling in Actuarial Science (3 credit hours)
- ACT 4020: Short Term Actuarial Mathematics (3 credit hours)
For full course descriptions, please visit the Academic Calendar.
Before you graduate, you have a chance to explore different career paths, professions, industries, companies, majors and build a professional network to kick-start your career.
International exchange opportunities
Stand out to future employers with international study experience. Living abroad expands your horizons and demonstrates that you’re willing to take risks and solve problems under challenging circumstances.
To declare the Actuarial Mathematics major, you first have to be accepted to the Bachelor of Commerce program. The following are minimum requirements for entry into the Asper Bachelor of Commerce program.
Direct entry applicants are those who have not attended a post-secondary institution or have completed fewer than 24 credit hours at a recognized university or college.
Advanced entry applicants are those who have completed one year (24 credit hours) or more of studies in another faculty at the University of Manitoba or another recognized post-secondary institution.
Asper also gives individual consideration to students who meet some requirements for admission but may not have academically competitive marks because of reasons beyond their control.
Meeting these requirements does not guarantee acceptance into the program. Admission into the Asper Bachelor of Commerce program is academically competitive and within the discretion of the Asper School of Business.
How to apply
Domestic student application fee: $100
International student application fee: $120
Applications to the University of Manitoba are completed online. To begin your application, select the "Start or continue your application" button. The online application includes several parts, and you may be required to submit transcripts, proof of English Language proficiency, and other documents.
Admission and application inquiries
424 UMSU University Centre
University of Manitoba
66 Chancellors Circle
Winnipeg, MB R3T 2N2 Canada
Room 424 UMSU University Centre
65 Chancellors Circle
University of Manitoba (Fort Garry campus)
Submit a question
Toll-free: 1-800-224-7713 ext 8808
Asper School of Business - Undergraduate Program Office
Room 268 Drake Centre
181 Freedman Crescent
University of Manitoba (Fort Garry campus)
Winnipeg, MB R3T 5V4 Canada
Canadian citizen and permanent resident student inquiries:
International student inquiries: