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UNIVERSITY OF WINDSOR, WINDSOR, ONTARIO - PROGRAMS

Windsor, OntarioLOCATION
UniversitySCHOOL TYPE
Estd 1963Established Year
  15800Enrollment

Master (Actuarial Science)

 16 months
 full time
  English
 on campus

Offered by     Faculty of Graduate Studies, University of Windsor

$ 18,000 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • The MSc in Actuarial Science is a 16 months full-time program at the University of Windsor.
  • This program gives students an opportunity to enhance their understanding and skills in the discipline of actuarial sciences.
  • The main topics of the program are:
    • Probability
    • Mathematics
    • Statistics
    • Finance
    • Economics, and mathematics of finance.
  • This program will prepare students for the professional exams necessary to become an Actuary in North America with accreditation accepted in many other parts of the world.
  • Over 16 consecutive months, students complete Master's level course work in industry-relevant areas, such as derivatives markets, life contingencies, micro- and macro-economics.
  • The Faculty to student ratio is 29:1 which bridges the gap between the faculty and students.
  • The average salary after getting placed is 57,525 USD.
  • Graduates can also participate in the regular offerings of the Society of Actuaries (SOA) exams offered on-site.

Program Highlights

Degree Type Offered Master
Duration16 months
Fees$ 18,546 for 16 months
Delivery TypeFull Time
Admission Intake Fall (Deadline - Apr 01)
Language Proficiency TOEFL,IELTS,PTE
Offered by Faculty of Graduate Studies, University of Windsor
Program Urlhttp://www.uwindsor.ca/graduate-studies/304/actuarial-science-mactsc?elqTrackId=43cd9f6502f1493c9...

Eligibility & Entry Requirement

Academic Eligibility:

  • Student required an undergraduate degree with a minimum of 70% Marks.
  • These marks are calculated based on the last 2 years of the undergraduate degree.

Language Requirments:

  • Students whose official language is not English are required to submit TOEFL or IELTS Scores. 


Required Document List

The Documents required are:

  • College Transcripts - The marks statement provided by the education board after completion of the previous academic qualifications.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • Resume/CV - This provides a summary of the experience and skills of the student.
  • English Language Requirement Scores like TOEFLIELTS,..etc.
  • Exam scores like GMATGRE are to be submitted.


Application Deadline

Fall
Apr 01


Scores Required

83 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

65 / 75

Avg. Score in

PTE


Fees & Funding

Tution & Application Fees

YearYear 1
Tuition fees$18000
Others$546
Total fees$18546

Living Costs

HeadAvg Cost Per Year
Room and board$ 10,260
Food$ 6,131

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Ontario Graduate Scholarship $10,847 Yes N/A
BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
VueVille Future Technology Scholarship $1,000 Yes 30 Sep, 2020
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
Bharat Petroleum Scholarship 2020 Variable Yes N/A
Paul Foundation scholarships $20,174 Yes N/A
Forktip Women’s- Innovation Scholarship Variable Yes 30 Aug, 2020
(ISC)² Women’s Cybersecurity Scholarships Variable Yes 19 Feb, 2021
FINCAD Women in Finance Scholarship $20,000 Yes N/A
Ontario Graduate Fellowship $8,459 Yes N/A
Aga khan Foundation Scholarships Variable Yes 31 Mar, 2020
Ellis R. Ott Scholarship for Applied Statistics and Quality Management Variable Yes 01 Apr, 2020
Collegedunia $150 Scholarship Program $150 Yes N/A
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
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VISA & Work Study

VISA

  • Student visa and Visitor Visa (Optional) is required to study in Canada. 
  • The Student visa is a document that the Canadian government issues that allow foreign nationals to study at institutions in Canada.
  • A Student visa is usually valid for the length of the student’s study program, plus an extra 90 days. The 90 days lets the student prepare to leave Canada or apply to extend their stay.
  • The cost of the Student visa is 112 USD.
  • The students need these documents to apply for a study permit:
    • Proof of acceptance i.e The offer letter that the student received from the university.
    • Proof of identity 
    • Proof of financial support i.e Documents showing the financial status.
    • A valid passport or travel document. 
    • A valid temporary resident visa (if required) Note: If the student has an approved eTA, it will be linked to the passport that is used to apply for the student visa.

Work Study

The Student may work on-campus without a work permit if:

  • The student is a full-time student at the University of Windsor
  • The student has a valid study permit
  • The student study permit allows them to work on campus, and
  • The student has a valid SIN number

International Students may work off-campus if:

  • The Student is a full-time student at the University of Windsor
  • The Student has a valid study permit
  • Enrolled in any academic program
  • The Enrolled program is at least six months or more in duration and leads to a degree, diploma or certificate
  • The study permit allows them to work off-campus, and
  • Have a valid SIN number
  • If The Student meets all the requirements above, then the students may:

    • work up to 20 hours per week during regular academic sessions 
    • work full-time during scheduled breaks, such as the winter and summer holidays or spring break

Career and Placement after Course

  • The program well prepared for careers in:
    • Insurance
    • Financial analysis
    • Pensions
    • Healthcare industries



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