What will I learn?

The actuarial profession involves the application of mathematical disciplines; particularly probability, statistics and risk theory, to real life financial problems involving future uncertainty. The analysis involved helps people and organizations plan for and reduce financial risk in diverse areas such as life, health, disability, property and casualty insurance, annuities, pension plans and employee benefit plans.

The establishment of the Warren Centre for Actuarial Studies and Research as a part of the Asper School of Business makes it possible to continue and enhance the tradition of excellence which has distinguished the university鈥檚 actuarial program. Students pursuing the actuarial mathematics major have access to business and management-oriented courses. The Actuarial Mathematics major at the Warren Centre is the only Canadian actuarial program able to provide students with this powerful career advantage.

Which department am I in?

I.H. Asper School of Business

Study options

Full Time (4 Years)

Tuition fees

CAD$25,300.00 (US$ 18,185) per year

*Price shown is for indicative purposes, please

Application deadline

Expected October 2025

Start date

January 2025

Venue

University of Manitoba

Fort Garry Campus,

WINNIPEG,

Manitoba (MB),

R3T 2N2, Canada

Entry requirements

For international students

To declare the Actuarial Mathematics major, you first have to be accepted to the Bachelor of Commerce program. The following are minimum requirements for entry into the Asper Bachelor of Commerce program.

Direct entry applicants are those who have not attended a post-secondary institution or have completed fewer than 24 credit hours at a recognized university or college.

Advanced entry applicants are those who have completed one year (24 credit hours) or more of studies in another faculty at the University of Manitoba or another recognized post-secondary institution.

English language proficiency

IAEP (Intensive Academic English Program): Minimum score required: Pass Level 5/AEPUCE (Academic English Program for University and College Entrance)

IELTS (Academic - computer or paper) or IELTS Indicator: Minimum score required: 6.5 overall; Minimum score of 6.0 in each of the four modules (listening, reading, speaking, writing); and IELTS One Skill Retake results are accepted by the Undergraduate Admissions Office, University of Manitoba

CAEL (Canadian Academic English Assessment) - Online or Test Centre: Minimum score required: 60

TOEFL iBT or TOEFL iBT Paper Edition or TOEFL iBT Home Edition (Test of English as a Foreign Language): Minimum score required: Minimum overall score of 86, and Minimum component scores: 20 in Reading, 20 in Writing, 20 in Listening, and 20 in Speaking

Cambridge Assessment English: C1 Advanced: Minimum score required: 180

Cambridge Assessment English: C2 Proficiency: Minimum score required: 180

Pearson Test of English: Minimum score required: 58

Duolingo English Test: Minimum overall score of 120, and Minimum component scores: 105 (Literacy, Comprehension, Production, Conversation)

*There may be different IELTS requirements depending on your chosen course.