Master of Actuarial Science: Fees & Entry Requirements at University of Waterloo, Canada

Master of Actuarial Science

Canada

What will I learn?

Fast-track your career in actuarial science with the Master of Actuarial Science (MActSc) program. Take your quantitative background and get the skill and knowledge to be a professional actuary.The only program in North America that’s accredited by both the Canadian Institute of Actuaries (CIA) and the Institute and Faculty of Actuaries (IFoA), it has also been designated as a Centre of Actuarial Excellence by the Society of Actuaries (SOA). These credentials will open doors for you to work around the world. Additionally, the exam exemptions you receive by completing the program can substantially reduce the time to becoming an accredited actuary.In the program, you will complete an industry project in your third term that provides valuable hands-on learning experience and insight into what being an actuary is like in a real workplace setting.

Study options

Full Time (1 Year)

Tuition fees
CAD$55,053.00 (33,38,771) per year
Application deadline

01/02/2026

Start date

September 2026

Venue

Waterloo Main Campus

200 University Avenue West,

Waterloo,

Ontario,

N2L 3G1, Central Canada, Canada

Entry requirements

For international students

A four-year honour's Bachelor's degree with an overall 83% average from a Canadian university (or its equivalent)An interview and diagnostic test may be requiredResumeSupplementary information form (SIF)The SIF contains questions specific to your program, typically about why you want to enrol and your experience in that field. Review the application documents web page for more information about this requirementIf a statement or letter is required by your program, review the writing your personal statement resources for helpful tips and tricks on completionTranscript(s)ReferencesThree references are required; academic or professional sources

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

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