📖Introduction

Simon Fraser University (SFU) is a leading Canadian institution located in Burnaby, British Columbia. With a mission to be Canada's most community-engaged research university, SFU offers a comprehensive range of programs across disciplines including arts, sciences, business, communication, engineering, health sciences, and more. SFU is known for its innovative curriculum, interdisciplinary approach, and commitment to social responsibility. Students at SFU benefit from a supportive and inclusive learning environment, cutting-edge research opportunities, and a vibrant campus life surrounded by the natural beauty of British Columbia.

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📚About the Program

The future is uncertain and can involve financial risk. Actuaries study, quantify, and manage this risk. You'll study mathematics, statistics, economics and finance to become well prepared for the professional exams. After graduation you'll find employment in areas such as life insurance, financial markets or currency exchange. Show less
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📖Program Curriculum

Lower Division Requirements
Students complete all of

ACMA 101 - Introduction to Insurance (3)
ACMA 201 - Interest Theory and Applications (3)
BUS 251 - Financial Accounting I (3)
BUS 254 - Managerial Accounting I (3)
CMPT 120 - Introduction to Computing Science and Programming I (3)
ECON 103 - Principles of Microeconomics (4)
ECON 105 - Principles of Macroeconomics (4)
MATH 152 - Calculus II (3)
MATH 251 - Calculus III (3)
STAT 260 - Introductory R for Data Science (2)
STAT 261 - Laboratory for Introductory R for Data Science (1)
STAT 270 - Introduction to Probability and Statistics (3)
STAT 285 - Intermediate Probability and Statistics (3)
and one of

MATH 150 - Calculus I with Review (4)
MATH 151 - Calculus I (3) *
and one of

MATH 232 - Applied Linear Algebra (3)
MATH 240 - Algebra I: Linear Algebra (3) *
and two ENGL or PHIL courses.

* Recommended

Upper Division Requirements
Students complete the following courses

all of

ACMA 301 - Long-Term Actuarial Mathematics I (3)
ACMA 340 - Financial Economics for Actuaries (3)
ACMA 355 - Loss Models I (3)
ACMA 401 - Long-Term Actuarial Mathematics II (3)
ACMA 455 - Loss Models II (3)
STAT 330 - Introduction to Mathematical Statistics (3)
STAT 350 - Linear Models in Applied Statistics (3)
STAT 452 - Statistical Learning and Prediction (3)
and one of

ACMA 465 - Demography and Mortality Models (3)
ACMA 470 - Property and Casualty Insurance (3)
ACMA 475 - Theory of Pension (3)
and three of

ACMA 360W - Actuarial Communication (3)
ACMA 395 - Special Topics in Actuarial Science (3)
ACMA 490 - Selected Topics in Actuarial Science (3)
BUS 312 - Introduction to Finance (3)
BUS 315 - Investments (3)
ECON 302 - Microeconomic Theory II: Strategic Behavior (4)
ECON 305 - Intermediate Macroeconomic Theory (4)
MACM 316 - Numerical Analysis I (3)
MATH 309 - Continuous Optimization (3)
STAT 342 - Introduction to Statistical Computing and Exploratory Data Analysis - SAS (2)
STAT 360 - Advanced R for Data Science (2)
STAT 380 - Introduction to Stochastic Processes (3)
STAT 440 - Learning from Big Data (3)
STAT 445 - Applied Multivariate Analysis (3)
STAT 450 - Statistical Theory (3)
STAT 460 - Bayesian Statistics (3)
STAT 475 - Applied Discrete Data Analysis (3)
STAT 485 - Applied Time Series Analysis (3)
Certain elective courses are pre-approved courses for Validation by Educational Experience (VEE) units from the Society of Actuaries. Information is available here.

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🏫About Simon Fraser University

Simon Fraser University (SFU) is a leading Canadian institution located in Burnaby, British Columbia. Known for its innovative spirit and commitment to interdisciplinary education, SFU offers a broad range of programs in areas such as arts, sciences, business, communication, engineering, and health sciences. With a strong focus on research, community engagement, and experiential learning, SFU prepares students to tackle complex societal challenges and make a positive impact in their chosen fields. The university's stunning mountain-top campus provides an inspiring backdrop for academic exploration and personal growth.

🏠 Accommodation

You will need to book the accommodation after you have been accepted.

You can choose to live on campus or off campus in private accommodation.

How to book:

  • Make a booking online after you have been accepted (in this case please let us know your choice when you apply).
  • Register when you arrive - its not possible to reserve a room before arriving. You can arrive a few days before and book it
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💰 Fees

Application Fee:

933 RMB

Tuition fee:

34,644 CAD per year

103,932 CAD in total

Insurance is 868 CAD.

Entry Requirements

You are not eligible to apply to this program because:

The minimum age is 18.

English fluency is required.
You need to be either:
- A native English speaker
- Studied a degree in English before
- Can demonstrate a high level of English
- Having an English certificate such as IELTS level 6 or TOEFL 95 and above is an advantage.

Minimum education level: High School.

The program is competitive, you need to have a high grades of Average A, 70%, or a high GPA.

All students from all countries are eligible to apply to this program.

Is this not correct? You can edit your profile or contact us.
Or see the list of programs you are eligible for here .
Check Your Eligibility Show Suitable Programs

📬 Admissions Process

3 Steps to Apply to a University

Application step 1

Application step 2

Application step 3

Please choose the programs here , "You are advised to select 2-3 programs to increase your chances of getting accepted.

Required Documents:

  • Passport
  • Graduation certificate
  • Passport size photo
  • Official transcript
  • Personal statement
  • English certificate (You can take the English test online)
  • Guarantor letter

Preparing documents:

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. Some more info about preparing application documents is here

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Application process:

Applying Online is simple in just a few steps. More information is available here.

The first steps are to choose the programs, pay the application fee and upload the application documents.

Once submitted to Global Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

After it has been processed to the university you will receive your unique application ID from each university.

The university may contact you directly for further questions.

We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.

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Here is some more information about the enrollment process after you have been accepted.

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