Hons in Actuarial Science

Actuarial Science at the University of Toronto is an Honours Bachelor of Science program delivered at the St. George campus through the Faculty of Arts & Science. Prospective students can enrol as a Major or as a Specialist, with the Specialist stream involving a more concentrated sequence of coursework in the field. The program is classified within the university's Mathematics & Physical Sciences subject grouping, an area the university describes as examining the principles that shape the world through critical thinking, problem-solving, and exploration in mathematics, physics, and related sciences. Actuarial science itself applies mathematical and statistical methods to measure and manage financial risk, a foundation relevant to work in insurance, pensions, and other risk-based fields. As an on-campus undergraduate program, it suits students with strong quantitative ability who want a structured grounding in mathematics and statistics, whether as preparation for professional actuarial examinations or for further graduate study in a related quantitative discipline. The Specialist stream offers a deeper concentration for students committed to the field, while the Major allows actuarial science to be combined with study in other subject areas.