Bachelor of Arts - Actuarial Science

York University - School of Continuing Studies

Canada,Ontario

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36 Months

Duration

CAD 35,130/year

Tuition Fee

CAD 230

Application Fee

May 2025

Apply Date

Canada, Ontario

Type: University

Location Type: Urban

Founded: 1959

Total Students: 55,000 +

Int. Students: 8,500 +

Campus Detail

Main Campus Address

4700 Keele Street, Toronto, Ontario, Canada

Bachelor of Arts - Actuarial Science

Program Overview

An actuary is a professional concerned with: the design and administration of insurance policies, pension plans, government welfare plans and similar programs. The main responsibility of actuaries is to ensure that these programs operate on a sound financial basis. To do this, they use many areas of mathematics and statistics, as well as general principles of economics and finance.Actuarial Science is the area of mathematics that applies quantitative methods to assess risks in the insurance and finance industries. It became a formal discipline in the late 17th century, when the increased demand for such long-term insurance coverages as life insurances, annuities, and burials expense coverages emerged. Since then and for a long time, actuaries have been interested in studying the present monetary value of future obligations as well as the variability of these present values in the contexts of life and health insurance, property and casualty insurance, pension funds and social wealth-fare programs. Today actuaries are also being employed in the areas of enterprise risk management, and even in general finance and investment.

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