The Department of Statistics and Actuarial Science is a top tier academic unit among statistical and actuarial science globally. Our students and faculty explore topics such as Actuarial Science, Biostatistics, Data Science, Quantitative Finance, Statistics, & Statistics Computing. In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools. Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for. Whether you choose the regular stream or the co op stream, you'll graduate ready to enter a great job market with great prospects and high starting salaries. Skip the professional exams. Because the Canadian Institute of Actuaries has accredited Waterloo’s Actuarial Science program, you can be exempted from several of their exams. Social and academic support. Through the student run Actuarial Science Club, you can find a mentor, get career advice, or meet new friends over board games and bubble tea.
Which department am I in?
Faculty of Mathematics
Study options
Full Time
(5 Years)
Tuition fees
CAD$61,000.00 (36,99,436)
per year
Residence fee-Traditional Double Room Fall 8758, Spring 5847, Winter 5847
Application deadline
30/01/2026
Start date
September 2026
Venue
Waterloo Main Campus
200 University Avenue West,
Waterloo,
Ontario,
N2L 3G1, Central Canada, Canada
Entry requirements
For international students
Applicants have to complete ontario high school. Ontario students: six Grade 12 U and/or M courses includingAdvanced Functions. Calculus and Vectors. Any 4U English. One other 4U course. Recommended course: Grade 11 U Introduction to Computer Science.
*There may be different IELTS requirements depending on your chosen course.