劳伦森大学

Successful completion of the actuarial specialization does not guarantee that candidates will become qualified actuaries. Students will be required to pass exams administered by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS) in order to practice as an Actuary in Canada or the United States. Students should start writing actuarial exams while enrolled in university and should continue writing exams after graduation as well. Significant portions of the material for the following SOA exams will be covered by the specialization: Exam P, Exam FM. Furthermore, some portion of the material for the following exams will also be covered: Exam IFM, Exam LTAM, Exam STAM, Exam SRM, Exam PA. The specializations also offer the possibility to gain either some or all of the VEE (Validation by Educational Experience) credit with the SOA.

Program Notes

1. A minimum cumulative GPA average of 5.5 is required to pass from the second year to the third year of the program. Students not meeting this requirement but would be in good standing will be transferred to the B.Sc. in Mathematics.

2. Successful completion of the actuarial specialization does not guarantee that candidates will become qualified actuaries. Students will be required to pass exams administered by the Society of Actuaries to practice as an Actuary in Canada or the United States. Students should start writing actuarial exams while enrolled in university, and should continue writing exams after graduation as well. Most of the material on the following preliminary actuarial exams will be covered by the specialization: Exam P, Exam FM, Exam C. Part of the material necessary for Exam MLC will also be covered as part of the specialization.

3. The specialization is also designed to gain some VEE (Validation by Educational Experience) credit with the Society of Actuaries. Although it is believed that the courses that are part of the specialization will satisfy the Society of Actuaries VEE requirements for Economics and Applied Statistical Methods (if the student achieves a sufficiently high grade, currently B-), Laurentian University makes no guarantee that the courses taken at Laurentian for VEE credit, nor the mark obtained, will necessarily satisfy the Society of Actuaries requirements.

General requirements:

• Maximum of 48 credits allowed at First Year level
• The Honors degree designation will be given to a student who obtains an overall GPA average of at least 5.5.

Elective requirements for BSc:

A minimum of 18 credits from the Faculty of Science, Engineering and Architecture, in at least three different topics than MATH or STAT.

Career Opportunities:

Graduates can rest assured knowing there is a multitude of career options they can explore post-graduation. Some career options include, but are not limited to: Actuary

• Actuarial (Financial, Insurance, Pension) Consultant
• Chartered Enterprise Risk Analyst
• Insurance Underwriter
• Actuary

Many of these careers can be found in the public and private sector.