Actuarial Science

Actuarial Science

Bachelor of Science (BSc)

Why choose Actuarial Science?

Actuarial Science scholars ask questions such as: How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments? Actuarial Science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.

Career opportunities

​Actuaries have global opportunities to work in areas such as:

  • insurance
  • employee benefits and pensions
  • quantitative finance
  • management consulting

A degree in Actuarial Science can also be used as a stepping-stone to graduate studies or another professional degree such as law, medicine, veterinary medicine, or architecture.

Program highlights

  • Collaborative team work - Interact with your peers while learning to collaborate on projects.
  • Practical research opportunities - Gain hands-on experience learning techniques and using tools to address real-world issues.
  • Mentorship opportunities - A formal or informal relationship where you connect with, and learn from, an established professional.
  • Honours Degree - In-depth study of a specific topic completed under the supervision of a faculty member.

Courses in this program

Introductory Calculus, Linear Methods, Advanced Introduction to Computer Science, Programming with Data

Detailed course information

When I transferred to UCalgary after discovering actuarial science – a discipline that combined my passions for math, business, and problem-solving – I found my professional path. Being an actuary taught me a lot about professionalism, focus, and discipline. From a business standpoint, my actuarial background has given me a solid understanding of risks.

Nick B

BSc' 04

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Use the Undergraduate Student Cost Estimator to calculate your expenses as a first-year student. Undergraduate Student Cost Estimator

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Faculty of Science

Faculty of Science

Science B 149
2500 University Drive NW
Calgary, Alberta T2N 1N4