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Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty.
Actuaries are professionals trained in this discipline. In many countries, actuaries must demonstrate their competence by passing a series of rigorous professional examinations.
Actuarial science includes a number of interrelated subjects, including mathematics, probability theory, statistics, finance, economics, and computer science. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes since the 1980s due to the proliferation of high speed computers and the union of stochastic actuarial models with modern financial theory
Academic qualification equivalents
CBSE - All India Senior Secondary School Certificate Examination (AISSSCE); or
CISCE - Indian School Certificate (ISC); or
State Boards – Intermediate / Pre-University / Higher Secondary / Senior Secondary School Certificate
English language requirements (one of the below):
University Type | Public |
Campus Setting | Urban |
Mode of Programs | Full Time; Part-Time; Distance Learning |
Admission Acceptance Rate | 58% |
Student-Faculty Ratio | 23 to 1 |
Academic Calendar | Differs by Programs |
On-Campus Cost of Attendance for Undergraduates | Varies from 49,047 CAD to 64,907 CAD according to the program |
Of Campus Cost of Attendance for Undergraduates | Varies from 43,962 CAD to 62,752 CAD according to the program |
Operating Revenue (2019-2020) | 778.2 million CAD |
The following chart displays estimates in Canadian currency for tuition and living expenses for one full-time international undergraduate student over the course of one academic year (eight months). Please note that these are estimates only; costs will vary depending on your needs and preferences. Other costs to consider include, but are not limited to, currency fluctuations, visa and study permit fees and trips home.
ON CAMPUS | OFF CAMPUS | |
---|---|---|
Tuition & Fees: Most Programs* | $35,935 to $35,985 | $35,935 to $35,985 |
Tuition & Fees: DAN Management (BMOS) | $45,653 | $45,653 |
Tuition & Fees: Engineering | $48,778 | $48,778 |
Tuition & Fees: Nursing | $45,482 | $45,482 |
Books & Supplies** | $1,500 to $3,000* | $1,500 to $3,000* |
Residence & Meal Plan | $13,690 to $16,350 | $0 |
Off-campus Rent | $0 | $4,800 to $8,000 |
Food (without meal plan) | $0 | $2,800 to $4,800 |
Utilities | $0 | $800 |
Internet | $395 | $120 to $440 |
Phone | $300 to $600 | $300 to $600 |
Personal Items | $800 | $800 |
Local Transportation (bus pass included in tuition & fees) |
$0 |
$0 |
Clothing | $800 to $2,000 | $800 to $2,000 |
Entertainment | $800 | $800 |
Laundry | $200 | $200 |
Total Cost
|
$54,420 to $72,923 |
$48,855 to $70,218 |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |