Note: In order to find a course in the new 4 digit numbering system using an old 3 digit number, please refer to the conversion list below. Before registering for courses with the new 4 digit numbering system, please ensure that you have not previously taken the course in its 3 digit form.
Click here for conversion list of former 3-digit course numbers.
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Actuarial Science
2053 -
Mathematics for Financial Analysis
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Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality tables, life annuities, life insurance, net premiums and expenses. Cannot be taken for credit in any module in Statistics or Actuarial Science.
Prerequisite(s):
Mathematics 0110A/B, OAC Calculus, or Grade 12U Advanced Functions and Introductory Calculus (MCB 4U) or equivalent, and 1.0 course or two 0.5 courses from Applied Mathematics, Calculus, Linear Algebra, or Mathematics.
Corequisite(s):
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Extra Information:
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Actuarial Science
2421A/B -
Introduction to Financial Security Systems
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The nature and cause of financial security, insecurity, public, private and employer programs and products to reduce financial insecurity, including social security, individual insurance and annuities, and employee pensions and benefits.
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Actuarial Science
2553A -
Mathematics of Finance
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Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.
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Actuarial Science
2555A/B -
Corporate Finance
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Bond and stock pricing, financial market overview, inflation and interest rates, risk and return, discounted cashflow and project analysis, capital budgeting, cost of capital, market efficiency, corporate financing.
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Actuarial Science
3427A/B -
Contingencies I
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Models for the time until death, single life annuity and life insurance present values and their probability distributions.
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Actuarial Science
3429B -
Contingencies II
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Single life annuity and life insurance loss random variables and their distributions, with applications to the analysis of benefit premiums and reserves.
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Actuarial Science
4422A/B -
Multi-State Models
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Analysis of probability distributions and present values associated with multiple life models, multiple decrement models and more general multi-state models.
Antirequisite(s):
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Actuarial Science
4424A/B -
Loss Models I
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Selection, calibration, validation, and application of frequency and severity models for insured losses.
Antirequisite(s):
Prerequisite(s):
A minimum mark of 60% in Statistical Sciences 3858B. Restricted to students who have completed all courses specifically mentioned in the Major in Actuarial Science module.
Corequisite(s):
Pre-or Corequisite(s):
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Actuarial Science
4426F/G -
Actuarial Practice I
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Introduction to the major areas and issues of actuarial practice, including insurance and annuity product design, pricing and valuation, analysis of the cost of pensions and other employee benefits, asset liability management and professionalism.
Antirequisite(s):
Prerequisite(s):
A minimum mark of 60% in Actuarial Science 3427A/B. Restricted to students who have completed all courses specifically mentioned in the Major in Actuarial Science module.
Corequisite(s):
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Actuarial Science
4427A/B -
Actuarial Practice II
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Current and emerging issues in actuarial practice, standards of practice, social security programs, demography and its impact on actuarial practice.
Antirequisite(s):
Prerequisite(s):
A minimum mark of 60% in Actuarial Science 4426F/G. Restricted to students who have completed all courses specifically mentioned in the Major in Actuarial Science module.
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Actuarial Science
4823A/B -
Survival Analysis
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Survival models, nonparametric estimation of the survival function, one and two or more sample hypothesis tests, inference for semiparametric regression models, inference for parametric regression models.
Antirequisite(s):
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Actuarial Science
4824A/B -
Loss Models II
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Limited fluctuation credibility, greatest accuracy credibility, empirical Bayes parameter estimation, classical surplus process, adjustment coefficient, probability of ruin, maximal aggregate loss.
Antirequisite(s):
Prerequisite(s):
A minimum mark of 60% in both Statistical Sciences 3652A/B and 3858B. Restricted to students who have completed all courses specifically mentioned in the Major in Actuarial Science module.
Corequisite(s):
Pre-or Corequisite(s):
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Actuarial Science
4950A/B -
Selected Topics in Actuarial Science
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A course description will be available from the department at the time of registration.
Antirequisite(s):
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Actuarial Science
4960F/G -
Selected Topics in Actuarial Science
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A course description will be available from the department at the time of registration.
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UNDERGRADUATE COURSE INFORMATION 