Program Overview

Actuarial Science and Quantitative Finance - Doctor of Philosophy (PhD)

The PhD in Actuarial Science and Quantitative Finance is a research-focused program that generates new knowledge in one of four areas of study. This program is best suited for individuals who have completed a master's or bachelor's degree in statistics, actuarial science, mathematics, or other quantitative disciplines.

Research Fields

• Actuarial Science Practice
• Actuarial Science Theory
• Finance
• Probability

Program Overview

The program is offered by the Department of Statistics and Actuarial Science, Faculty of Mathematics. Key details include:

• Admit term: Fall (September - December)
• Delivery mode: On-campus
• Program type: Doctoral, Research
• Length of program: 48 months (full-time)
• Registration option(s): Full-time, Part-time
• Study option(s): Thesis

Application Deadlines

• December 1 (for admission in September of the following year)

Admission Requirements

• A master's degree in statistics, actuarial science, or mathematics, completed or expected. Graduates of other quantitative and mathematically oriented programs are also encouraged to apply.
• Students with an undergraduate degree in statistics, actuarial science, or mathematics may apply for admission directly to the PhD program, provided they have an outstanding academic record and very strong letters of recommendation.
• At least an overall 78% average from a Canadian university (or its equivalent).
• An interview may be required.

Degree Requirements

• Review the degree requirements in the Graduate Studies Academic Calendar, including the courses that you can anticipate taking as part of completing the degree.
• Check out recent submissions from the department of Statistics and Actuarial Science graduate students.

Application Materials

• Resume
• Statement of interest: A statement of maximum 500 words explaining your interest in and fit for the program.
• Program-specific questions (PSQ)
• Transcript(s)
• References: Three references, normally from academic sources.
• Proof of English language proficiency, if applicable: TOEFL 90 (writing 25, speaking 25), IELTS 7.0 (writing 6.5, speaking 6.5)

Tuition and Fees

• Visit the graduate program tuition page to determine the tuition and incidental fees per term for your program.
• Review the living and housing costs.
• Learn about the PhD housing guarantee program for admitted students.
• Review the funding graduate school resources for graduate students.