UNIVERSITY OF TORONTO
DEPARTMENT OF STATISTICS
ACTUARIAL SCIENCE PROGRAM HOME
Welcome to the University of Toronto actuarial home page. If crawling
around the Web got you here accidentally and you'd like to know more
about actuarial science and the actuarial profession, here are a couple
of links that you can try. One useful website to look at is
Be An Actuary.
Institute of Actuaries , the
Society of Actuaries and the Casualty
Actuarial Society are professional associations representing the
actuarial profession. The
National Association (ASNA/ANEA) is a Canadian university student
actuarial association that has many of Canada's university actuarial
programs as affiliate members. Those pages have links to many other
actuarial pages on the web (some of which you'll find below on this page).
Links to and general information about the faculty members
and programs and courses available
in actuarial science at U of T can be found on the
Department of Statistics
Programs in Actuarial Science can be found in the
Faculty of Arts &
Science on-line calendar.
The following links are primarily for the students in the ActSci program.
U OF T ACTUARIAL SCIENCE STUDENT CLUB
The student club invites all
actuarial students to participate. Please visit
the club homepage at
act-sci student club.
In order to join the club e-mail list, send a blank email to
firstname.lastname@example.org. The club e-mail address is
U OF T CAREER CENTRE WEEKLY LIST OF COMPANY INFORMATION SESSIONS
The latest listing of the schedule of company information
sessions can be found at www.careers.utoronto.ca . Click on
"Services for students and recent graduates", then choose
"What's New", and then click on
"Employer Info Session".
Here is a list of upcoming career info session
PEY (Professional Experience Year) INTERNSHIP PROGRAM
Info sessions will be taking place over the next few weeks for the PEY program.
Information about these sessions can be found HERE.
CASUALTY ACTUARIAL SOCIETY TRUST SCHOLARSHIP 2011
The Casualty Actuarial Society is once again accepting applications for its
scholarship program for college students pursuing a career in actuarial science.
The CAS Trust Scholarship program, funded by donations to the CAS Trust, will
award up to three $2,000 scholarships to deserving students for the 2011-2012
academic year. Applicants must be a permanent resident of the U.S. or Canada, or
have a permanent resident visa, and admitted as a full-time student to a U.S. or
Canadian educational institution to be eligible. Applicants must have
demonstrated high scholastic achievement and a strong interest in mathematics or
a mathematics-related field. Applicants must also have taken at least one exam
prior to March 1, 2011. Recommendations, transcripts, actuarial exam results,
work experience, and written essays will all be considered in selecting the
award recipients. Additional details and applications are available online at
http://www.casact.org/academic/index.cfm?fa=scholarship. Applications are
due by March 1, 2011 and winners will be notified in late May. The intent
of the scholarships is to further students' interest in the property/casualty
actuarial profession and to encourage pursuit of the CAS designation.
Established in 1979, the Casualty Actuarial Society Trust affords CAS members
and others an income tax deduction for funds contributed and used for
scientific, literary, or educational purposes. For questions, comments, or to
submit an application please contact Megan O’Neill, CAS Communications
Coordinator, at email@example.com.
ONTARIO CONFERENCE OF CASUALTY ACTUARIES SCHOLARSHIP
The OCCA awards a scholarship of $1,000 to a U of T student each year. Details
on applying for the scholarship are at the following link
OCCA Scholarship 2010-11.
SAMUEL BEATTY SCHOLARSHIPS
Beatty Scholarships for information. Scholarships are available
for specialist act-sci and stat students in 2nd, 3rd and 4th year.
RULES FOR MINIMUM GRADE C IN ACT240, ACT245 AND ACT247
These rules will be strictly enforced by the Department of Statistics.
If the course is passed but a minimum mark of 63 is not achieved, the
summer (or later
session) course can be taken as an "extra credit". Retaking a course
will require a written request by the student to the dept of statistics to
be allowed to
enrol in the course a second time; a ROSI transcript with complete
student information must be submitted with the request to retake a course.
If the minimum mark of
63 is not obtained the second time the course is taken, the student
will not be permitted to take the course a 3rd time and the student
will not be permitted to enrol in any 3rd or 4th year ACT courses.
The repeat of ACT240H, ACT245H or ACT247H can be done once only.
Students who do not complete any 2nd year ACT course for any reason
(missed final exam, GWR, etc), will need to complete the course and
obtain the minimum mark of 63 before being allowed to register in
any 3rd or 4th year ACT course.
In addition, the following rules will apply for students who
have passed Exam FM. If a student has passed ACT240
and ACT245 and SOA Exam FM, then the minimum mark 63 will be regarded as being
satisfied for ACT240 and ACT245. If the minimum mark of 63 is being satisfied as a result of
SOA exam, the student must submit a copy of the SOA passing mark
notification (with student number, ROSI transcript, e-mail and
phone contact) to the Dept of Statistics (SS6018) before being
allowed to enrol in 3rd or 4th year ACT courses.
RELATIONSHIP BETWEEN U OF T COURSES AND SOA/CAS EXAMS
SOA APPROVED COURSES FOR VEE CREDIT
The Society of Actuaries has approved the following
courses for VEE credit:
ECO100Y (St George and UTM) , ECM A03Y (UTS)
ACT349H OR MGT337Y OR
ECO358+ECO359 combination (St George and UTM)
MGT C03H + MGT C09H (UTS)
Applied Statistical Methods:
STA250H, STA302H, STA304H/322H or ECO220Y for regression AND STA457H for
time series (St George and UTM)
STA C57H3 (UTS) for time series
In order to receive VEE credit for a particular
topic, you must get a grade of at least B- in the associated
The SOA is accepting approval requests from
information about VEE is online at the SOA website.
AWARDS AND SCHOLARSHIPS FOR THE ACTUARIAL SCIENCE PROGRAM
The following link lists the awards and scholarships available for student in
science program along with past award recipients:
INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES
The IABA was organized in 1992 with the mission of
offering a network of support to Black students and
professional via mentoring and professional development opportunities.
For additional information on the asscoiation, visit the
website IABA ,
or contact David James at firstname.lastname@example.org .
The following are links that may be of interest to the actuarially-minded.
Discussion Forum at Actuarial Outpost
The WebMaestro who is responsible for maintaining this page would be happy
to receive any comments, criticisms, commendations, recommendations, etc.
that you care to transmit. Please send them to
Sam Broverman (who in real
life is email@example.com).