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Bachelor of Mathematics in Actuarial Science (Co-op)

Bachelor of Mathematics in Actuarial Science (Co-op)

at University of Waterloo Canada

Overview

How will the stock market perform next February? How much will insurance companies pay out in claims next year? With an Actuarial Science degree from Waterloo, you’ll have the answers.

In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools.

Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for.

Whether you choose the regular stream or the co-op stream, you'll graduate ready to enter a great job market with great prospects and high starting salaries.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

48

Duration

University of Waterloo

Location

Bachelor of Mathematics in Actuarial Science (Co-op) Assistant Fee

$45500

Tuition Fee

$11000

Average Cost of Living

$251

Application Fee

Bachelor of Mathematics in Actuarial Science (Co-op) Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma or equivalent including the following required course(s):
    • Standard XII Mathematics (Standard XII Applied Mathematics is not accepted), minimum final grade of 85%. Standard XII English. One other Standard XII course, minimum final grade of 85%. All Standard XII courses, minimum final grade of 80%.
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Where would you like to study*

Work Permit Canada

Students who wish to work in Canada require a work permit to do so. A student in Canada can work part-time during the course of his studies and full-time during holidays and semester breaks and post the completion of their course/program.

Rules for getting a part-time work visa in Canada

You can also work part-time on campus at your university.

Work Permit

Duration

Your part-time work permit will be valid for as long as you have a valid study permit.

Working Hours

20 Hours/Week

As a full-time student, you can work for a maximum of 20 hours a week. However, you can work full- time during holidays and breaks.

Document Required to Work in Canada

List

To apply for a work permit, you will need a study permit that mentions that you are allowed to work part-time on campus.

Social Insurance Number

Study Permit

You will need a Social Insurance Number (SIN) to Service Canada. if you wish to work in Canada during the course of your studies. To apply for the same, you need a valid study permit, and you should be a full- time student at a recognized university.

You can work part-time off-campus if you are studying in the Quebec province.

Duration of Work Permit Canada

Your part-time work permit will be valid for as long as you have a valid study permit.

Work Hours Canada

As a full-time student, you can work for a maximum of 20 hours a week. However, you can work full- time during holidays and breaks.

Document Required to Work in Canada

To apply for a work permit, you will need a study permit that mentions that you are allowed to work part-time on campus.

Social Insurance Number

You will need a Social Insurance Number (SIN) to Service Canada if you wish to work in Canada during the course of your studies. To apply for the same, you need a valid study permit, and you should be a full- time student at a recognized university.

Working after completing your course

In Canada, you will need a work permit to get a full-time job in Canada after finishing your studies. You chose a work permit like the Post-Graduation Work Permit (PGWP) if you wish to stay back in Canada and work full-time.

Visit Government of Canada Website for more detail

Post-Graduation Work Permit (PGWP)

The Post- Graduation Work Permit (PGWP) allows you to work for three years in Canada if you have completed a two years degree or more.

Application

how can i apply

You can either apply online or download the form and mail the application along with the required documents. Pay your fee and then wait for the decision to come.

Application Documents Required

List

To apply for the work visa, you need a degree from a recognized and accredited Canadian University along with an intention to stay and work in Canada only temporarily.

When to Apply?

One can apply for the full-time work permit in the first three months post the completion of their course during which the study permit is still valid.

How long does it take?

90 days

You will have to wait for 90 days for the decision on your work permit.

Duration

3 Years

The work permit is valid for 3 years if you have completed a two years degree program or more.

Fees

CAD 255

The fee for the work permit is CAD 255 plus the holder fee and the work permit processing fee.

Monthly Wages

CAD 1,600

An applicant is guaranteed a minimum salary of CAD 1,600 per month while working in Canada. This amount though varies on the job and the province you are working in.

Work Hours Canada

No Limit

There is no maximum limit, and you can work for as many hours as you want on the full-time work permit.

Required Documents

List

To apply for the work visa, you will need the following documents:

  • Forms: IMM 5710, IMM 5476 and IMM 5475;
  • Graduation Proof
  • Proof of payment of work permit fees
  • Copies of your travel and identification documents, passport pages and current immigration document.

Till a decision is made on your work visa, you can continue to work full time. All you need to have is your completed degree, should have applied for the permit before the expiry of your study permit and you should be allowed to work off-campus.

Information

Disclaimer

The information provided about the work permit is true and complete to the best of our knowledge. All recommendations are made without any guarantee on the part of the author or the publisher. The author and the publisher, therefore, disclaim any liability in connection to and with the use of this information.

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

48

Duration

Study Visa

Student Visa For Canada

Any student who wishes to study in Canada requires a student visa. Some of the essential information for the application process is given below.

When Should I Apply?

4 to 6 months

Ideally, one should apply for the study permit at least 4 to 6 months before the commencement of your course/program.

Bank Account

No Need!

There is no need for a blocked bank account to apply for a student visa to Canada.

Duration of visa

Course Duration + 3 Months

The student visa is valid for the entire period of your course plus three months.

Time to Wait for Visa

35 Days

It takes time. It might take up to 35 days post your interview for the application process to complete and for you to finally receive your visa.

Appointment

Required

It varies from applicant to applicant, but one may have to take part in one or two visa appointments, namely a medical examination and a visa interview.

How you can apply

Application Process

An applicant can either apply online or offline by visiting a visa application centre and submitting their documents. After the analysis of your application, you might be called for an interview.

Fee

Visa Fee

The visa application fee for Canada is CAD 150.

Minimum Funds

833 CAD, 917 CAD

You require a minimum monthly amount to be deposited into your account to prove that you can sustain yourself while studying in Canada. If you are studying in Quebec, you need to have a monthly minimum of CAD 917, and if you are studying in a province except for Quebec, you need to have a minimum of CAD 833 per month.

Any other expenses

Required

You will have to pay a medical examination fee and a visa application service fee to the tune of CAD 15 if you visit a visa application centre to apply for your visa.

Medical Examination

Required

One has to undergo a series of medical examinations to be deemed fit for a student visa of Canada. The tests mostly include blood and urine tests, chest x-rays and other organ checkups.

Language Skills

Not Required

one doesn’t need to prove their language skills in applying for a Canadian Visa.

Disclaimer: The information provided about the work permit is true and complete to the best of our knowledge. All recommendations are made without any guarantee on the part of the author or the publisher. The author and the publisher, therefore, disclaim any liability in connection to and with the use of this information.

English Test Requirement

6.5

Minimum Overall Score

6.0

Minimum Listening

6.0

Minimum Reading

6.5

Minimum Writing

6.5

Minimum Speaking

90.0

Minimum Overall Score

63.0

Minimum Overall Score

Other Courses by University of Waterloo,Canada

Delve into the roots of Western civilization and gain a deep understanding of ancient Greece and Rome — cultures that continue to shape our thinking and our society today.

Discover the enduring ideas of greats like Socrates, Plato, and Aristotle. Master enough ancient Greek and Latin to study classic texts in their original language. Explore the many facets of antiquity: from history, religion, and philosophy to art, science, and technology.

Meanwhile, you’ll have lots of room to round out your education with courses from other departments or faculties and with work experience through co-op. Once you’ve graduated, the broad thinking demanded by the program will serve you well in a range of careers, including law, policy, culture, education, and more.

48 month

Duration

$ 40900

Tuition

How does society handle inequality, poverty, and crime? How do social groups interact? How can we improve health care, criminal justice, religion, the economy, and our relationships to one another?

This is a program where you’ll wrestle with pressing questions — and develop the tools to create solutions to local and global challenges.

You’ll explore topics such as age, class, ethnicity, religion, gender, criminality, education, work, social change, and politics. And when you study Sociology at Waterloo, you’ll learn from leading experts committed to creating an outstanding classroom experience, ranked in the top 100 in the world. (Shanghai World University Rankings 2020)

As a sociologist, you’ll find career opportunities in a wide range of fields, including government, the financial sector, health, policy and research, law, academia, policing, and non-profit organizations. Want to explore them early? You can start by enrolling in the co-op stream and gaining up to two years of work experience prior to graduating.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 40900

Tuition

Study music in a program that offers you the flexibility to pursue your passions. At Waterloo, we offer instruction in more than 20 instruments, as well as vocal lessons. But that’s just the beginning.

Balance your study of performance, music theory, and music history with classes on the relationship between music and technology, gender, and peace. Unpack the psychology of music, or delve into pop, jazz, opera, film scores, and more.

Whether you’re aiming for a career as a performer, composer, teacher, recording technician, or music software developer, this program gives you the building blocks you need, and you can even orchestrate some experience before you graduate by enrolling in the co-op stream.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 40900

Tuition

Study the most fundamental aspects of nature in one of Canada’s largest and most innovative physics departments.

Physics at Waterloo offers award-winning teaching, 20 months of optional co-op experience, and partnerships with some of the biggest institutes in the world working at the forefront of physics research.

Choose from a broad range of courses in applied physics, astrophysics, biophysics, chemical physics, mathematical physics, and quantum computing. Then supplement your learning with hands-on labs and tutorials.

Over the course of your degree, you’ll develop the strong quantitative and analytic skills that industry is looking for. You’ll graduate well prepared for a career in engineering, biotechnology, medicine, or astronomy — or for graduate studies where you can delve deeper into the world of research.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 42700

Tuition

Bring on the bulldozers! In one of Canada’s largest (and the world's top 100) civil engineering programs, you’ll learn to design and maintain the massive infrastructure we all depend on: bridges, highways, airports, tunnels, dams, pollution-control facilities, and more.

This is a degree with lots of flexibility. Once you’ve completed your foundational courses, you can choose from a wide variety of technical electives in structural, transportation, geotechnical, and water/environmental engineering.

You’ll apply your knowledge during your six co-op work terms. This is your chance to test drive different career options: work for major construction and engineering companies, get experience with local or provincial governments, or spend a term abroad.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 61300

Tuition

Life Sciences is the study of living organisms, ranging from the very tiny world of microbiology and genetics to the physiology and zoology of the world’s great mammals – with plants, botany, and more in between!

At Waterloo, Life Sciences is a group of related majors. The four Life Sciences majors (BiochemistryBiologyBiomedical Sciences, and Psychology) bring together disciplines such as biology, chemistry, physics, and math to help you learn how living systems work and interact. When you apply to Waterloo, you'll select one of the majors and get to do labs and experiments starting right in first year. You can choose the co-op program or the regular system of study 

Biochemistry
In the past 200 years, advances in techniques and tools have allowed biochemists to focus on these fundamental questions: How do organisms use chemical compounds to thrive? How do organisms adjust to changes in their environment and how can our knowledge of the chemistry of life be applied to improving the human condition? To answer these questions, we study the structures of molecules – such as enzymes – and the diverse metabolic processes – such as the Kreb’s cycle – that are fundamental to life.

In Biochemistry, you'll create chemicals. Analyze genes. Explore the fundamentals of metabolism. You’ll start with a broad science foundation in first year, including chemistry, biology, physics, and calculus.

If you choose to add the Biotechnology specialization, you'll examine the biological and biochemical processes used to make new disease-fighting drugs and other valuable products. And if you choose the co-op stream, you'll benefit from paid work experience – exploring potential careers while you pursue your degree.

You’ll graduate with the knowledge and skills to work in a wide range of areas, from forensics to pharmaceuticals to food and agriculture.

48 month

Duration

$ 42700

Tuition

Health Sciences, Nursing and Emergency Services

Bachelor of Science in Kinesiology (Co-op)

Help an Olympic hopeful recover from a torn ligament. Prevent workplace injuries by improving a company’s ergonomic standards. Give a child with cerebral palsy a better quality of life. In Kinesiology, you’ll learn to prevent and treat movement-related illness and injury.

In addition to traditional science courses in biomechanics, neuroscience, and physiology, you’ll have 4 kinesiology-related minors and dozens of campus-wide minors to choose from. You can also include courses to prepare you for professional health programs such as medicine and physiotherapy.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 40900

Tuition

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The language skills and cultural competence you develop over the course of your degree will serve you well in a variety of careers, including education, business, and government.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 40900

Tuition

As a Waterloo Health Studies student you'll be working with world-class professors that are making a difference in health in Canada and worldwide.

Health Studies is shifting the focus of traditional health
At the University of Waterloo, you'll study human health in a non-traditional way. Rather than a focus on treatments after diagnosis, we have a larger vision: to find strategies for preventing disease, promoting health, and improving health care services to make them more integrated and responsive.

Be prepared to tackle health challenges and look for the keys to transforming the health of individuals, communities, and health care systems in Canada and around the world.

Health Informatics Option
An option is an academic plan that provides depth to a student's baccalaureate degree and typically requires fewer courses than a minor. Options are only available to students within their home faculty.

Health Informatics (HI) is a multidisciplinary field that investigates how computer technologies can be used to better generate, manage, store, and apply health information. In the Health Informatics Option, you will take courses from the health sciences, computer science, statistics, behavioural and social sciences, and epidemiology.

Career opportunities often involve the design and implementation of health information systems (e.g., establishing electronic patient records, or establishing ‘best practices’ databases) in various health care settings.

Experiential learning: co-op or regular
As a Health Studies student, you have two great ways to study - co-op or regular. Regardless of which path you choose, you’ll take the same academic courses, learn in state-of-the-art facilities, and have the support of friendly, helpful staff.

48 month

Duration

$ 40900

Tuition

Combinatorics looks at permutations and combinations. Optimization explores ways to make any operation work more efficiently within given constraints. Together, they provide powerful methods for modelling and solving large management problems, from optimizing flight schedules to making a factory’s layout as efficient as possible.

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When you graduate, you can put your skills to work in areas as diverse as cryptography, electronic security, software development, social media, and risk analysis.

What is co-op?
Co-op lets you explore careers and gain paid work experience while earning your university degree. What could be better than that?! As a co-op student at Waterloo, you’ll normally alternate between four months in school and four months as a full-time employee of the organization you're working for. It's an amazing way to learn to successfully interview for jobs, see how your degree relates to real-life problems, graduate with up to two years of valuable experience – and make money!

48 month

Duration

$ 45500

Tuition

View All Courses by University of Waterloo, Canada

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