Program Overview

Actuarial Mathematics, B.Comm., Honours

The Actuarial Mathematics Major consists of 15 credit hours from the following courses:

• ACT 2120: Interest Theory
• ACT 3130: Actuarial Models 1
• ACT 3230: Actuarial Models 2
• ACT 3340: Valuations for Actuarial Practice
• ACT 4010: Regression Modeling and Time Series in Actuarial Science
• ACT 4020: Short Term Actuarial Mathematics I
• ACT 4030: Short Term Actuarial Mathematics II
• ACT 4040: Statistical Learning in Actuarial Science

To graduate with an Actuarial Mathematics Major, students are required to attain a minimum grade of "C+" in all 15 credit hours of Actuarial courses that will contribute to the Major.

Admission Requirements

To be eligible for admission to the Bachelor of Commerce (Honours) program, students must meet the following requirements:

• Manitoba high school graduation with five full credits at the Grade 12 level
• A minimum 85% average over four courses: Pre-Calculus Math 40S, English 40S, and any two other 40S courses
• A minimum 70% in each of the four courses

Program Requirements

The Bachelor of Commerce (Honours) degree is comprised of 120 credit hours and can be divided into the following components:

• The Track 1/Foundation Course Requirements (24 credit hours)
• The Core (51 credit hours)
• The Major (12 - 18 credit hours, depending on the specific major chosen)
• Business Electives (9 - 15 credit hours, depending on the specific major chosen)
• Open Electives (18 credit hours)

Core Courses

The Core consists of 51 credit hours of specified mandatory courses from all four departments in the faculty. All students are required to complete the Core.

Major Courses

The BComm program requires students to obtain at least one Major and gives students the option to double-major. Individual majors vary in credit hours from 12 credit hours to 18 credit hours.

Business Electives

Business Electives are courses freely selected by the student. These courses are referred to as Business Electives. All Business Electives courses must be at the 2000 Level or higher.

Open Electives

Open Electives are either Business Electives or Non-Business Electives, freely chosen by the student.

Degree GPA Requirement for Graduation

Students admitted to the Asper School of Business must achieve a minimum degree GPA of 2.00 on all 120 credit hours required in the Bachelor of Commerce (Honours) degree program.

Probation Regulations

Each student in the Asper School of Business is permitted a maximum of 15 credit hours of failures. If a student has more than 15 credit hours of failed courses but has a Degree Grade Point Average (DGPA) of 2.00 or higher, the student will be placed on Probation.

Residency Requirement

All Business students must complete a minimum of 60 credit hours at the University of Manitoba in order to satisfy the residence requirement of the Bachelor of Commerce (Honours) degree.

Time Limit for Completion of Degree

The maximum period of eight years for completion of degree requirements will be reduced by one year for each block of 15 credit hours of advance standing received at the point of admission.

Asper Co-op Program

The Asper Co-op Program is designed to complement and enrich the academic program with work experience. Students who intend to complete the Asper Co-op Program must also complete a minimum of three (3) 4-month co-op work terms.

Asper International Exchange Program

The Asper International Exchange Program is designed to complement and enrich the academic program with international experience. All students must complete all 120 credit hours of the program including the Core, one of the Majors listed, as well as the Option and Elective course components.

General Academic Regulations

The University of Manitoba has general academic regulations that apply to all students, including regulations on residence requirements, written English and mathematics requirements, course identification, grades and grade point average calculation, academic evaluation, academic integrity, appeals of grades, attendance and withdrawal, deferred and supplemental examinations, final examinations, hold status, graduation and convocation, and personal information.