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MA/MS in Actuarial Science

University of Waterloo

Waterloo, Ontario, CanadaWorld Rank #189

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MA/MS in Actuarial Science is a master's degree in Natural Sciences programme taught at University of Waterloo in Waterloo, Canada. The programme runs for 16 months, delivered on campus. Tuition for international students is CAD 7,696 per semester.

Also offered as: Bachelor's Degree

At a glance

Degree: Master's Degree
Field: Natural Sciences
Duration: 16 months
Delivery: On Campus
International tuition: CAD 7,696 / semester

We have no an application deadline on record for this programme yet. — it helps other students.

Information for the 2027/28 academic year · Last reviewed September 2026 ·

Program details

Overview

This research-based Master of Mathematics (MMath) program in Actuarial Science offers study across four areas: actuarial science practice, actuarial science theory, finance, and probability. Students may complete either a thesis or a research paper, and the program prepares graduates for PhD-level research or for careers in business, industry, government, research organizations, or academia. Admission requires a four-year honours bachelor's degree with a significant actuarial science or statistics component, and an overall average of at least 78% from a Canadian university or its equivalent. The program is full-time, delivered on-campus, and has a nominal length of 16 months to completion. Students are admitted once a year, in the Fall term, with an application deadline of January 6 for that single annual intake.

Requirements

Minimum GPA: 78.00 / %
Admission Requirements: A four-year honours bachelor's degree with a significant actuarial science and/or statistics component is required, with an overall average of at least 78% from a Canadian university or its equivalent. English proficiency (if applicable): TOEFL iBT (1-6 scale) 4.5 overall (writing 5, speaking 5) or IELTS Academic 7.0 overall (writing 6.5, speaking 6.5).

Application Details

Start Date: Fall

About University of Waterloo

“Concordia cum veritate”

Type: University
Control: Public
Campus setting: Urban
Founded: 1957
Students: 41,000
World rank: #189
Programs: 297
Location: Waterloo, Ontario, Canada
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Frequently asked questions

What degree does MA/MS in Actuarial Science award?

University of Waterloo awards a Master's Degree in the field of Natural Sciences on completion of this programme.

How long does MA/MS in Actuarial Science take?

The programme runs for 16 months.

How much does MA/MS in Actuarial Science cost?

Tuition for international students is CAD 7,696 per semester.

Can MA/MS in Actuarial Science be studied online?

No — the programme is taught on campus at University of Waterloo.

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