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QS Rank:

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661

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University of Manitoba

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Manitoba

Canada

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Program Rank

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225

The Actuarial Mathematics program at the University of Manitoba is an interdisciplinary program offered in collaboration with the Warren Centre for Actuarial Studies and the Asper School of Business. It focuses on mathematical, statistical, financial, and economic concepts to develop skills in modeling and managing financial risk, with a strong emphasis on mathematical and statistical courses.
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Total Tuition Fees

$74,400

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Duration

48 Months

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Median Salary

$48,000

Ranking

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#387

US World and News Report

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#301

The World University Rankings

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#661

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

200

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Average Age

22

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Average Work Experience

1 Years

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International Students

20

Career Outcomes

Graduates of the Actuarial Mathematics program are well-prepared for diverse roles in the financial and insurance sectors. They can pursue careers as actuaries, mathematicians, and statisticians, applying their skills in risk management and financial modeling. Opportunities exist in life, health, property/casualty, and disability insurance, as well as in pension and employee benefits consulting, and with government agencies, banks, and other financial institutions. The Honours program also provides a smooth transition to graduate studies.
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Median Earnings After Graduation

$48,000 / year

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Job Placement

75%

Prospective Job Roles

Actuary

Statisticians

Mathematicians

Educator or researcher

Insurance Adjustors and Claims Examiners

Technical, business, and organizational positions with life, health, and property/casualty insurers

Pension and employee benefits consultant

Positions with government agencies, banks, and other financial institutions

Top recruiters

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Eligibility Criteria

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At least 3.0 / 4.0 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    86

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  • IELTS

    6.5

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  • Duolingo

    120

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  • PTE

    58

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 130

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    Transcript

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    Resume

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    English Proficiency Test

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    Academic LOR

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    Resume

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    General LOR

Application Deadlines

RegularAdvanced Entry ApplicationDirect Entry Application
SummerFeb 1, 2025N/AN/A
FallMar 1, 2025Mar 1, 2027Mar 2, 2027

Fees and Funding

Tuition figures vary across sources; the highest international tuition is used for `tuition_per_year`. Cost of living is an estimate for Winnipeg, Canada.
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Tuition Fees

$24,100 / year

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Overall Cost

$39,100 / year

Funding Options

Scholarship

Scholarships

International Undergraduate Student Entrance Scholarships; Research scholarships
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    International Undergraduate Student Entrance Scholarships

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    Research scholarships

FAQs

  • A student can complete Actuarial Mathematics at University of Manitoba with in 48.
  • The application fee to pursue Actuarial Mathematics at University of Manitoba is CAD 120 for international students.
  • The annual tuition fee to pursue Actuarial Mathematics at University of Manitoba is CAD 18600.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Manitoba. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Manitoba requirements before submitting a score.
  • Actuarial Mathematics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of University of Manitoba, they can easily pursue Actuarial Mathematics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at University of Manitoba can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Manitoba website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Manitoba by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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