Hons in Actuarial Science

The Honours Specialization in Actuarial Science is offered by Western University's Department of Statistical and Actuarial Sciences within the Faculty of Science, leading to a four-year Honours Bachelor of Science degree. The module comprises 10.5 courses (11.0 if an alternate calculus sequence is taken), combining mathematics, statistics, economics and actuarial-specific coursework to prepare students for professional actuarial examinations and careers assessing financial risk. Students are encouraged, though not required, to take Actuarial Science 1021A/B, Business Administration 1220E and Philosophy 1200 in first year to support later coursework. Admission to the module requires completion of first-year requirements with no failures and an average of at least 70 percent across specified principal courses in calculus, mathematics and economics, with no mark below 60 percent in any of them; students who have not completed Economics 1021A/B and 1022A/B, or Mathematics 1600A/B or 1700A/B, in first year must complete them by specified points in upper years. Graduates pursue careers as actuaries and quantitative analysts in insurance, pensions, investment and risk management.