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²ÝÝ®ÎÛÊÓƵµ¼º½ Calendar 2011-2012 Faculty of Science 5. Program Details 5.5 Mathematics and Statistics 5.5.6 Actuarial Science Co-operative Education Program
5.5.6 Actuarial Science Co-operative Education Program
Admission

Application deadlines: December 1 and May 1. Students are normally required to apply to the Career Services Office.

The Actuarial Science Co-operative Education programs are five-year degree programs which include 16 months of supervised work experience in various companies and government agencies. Students who wish to enter the Actuarial Science Co-operative Education program are urged to discuss their pre-admission course selection with the Department of Mathematics and Statistics as early in their program as possible.

Students must have successfully completed at least 8.0 FCE appropriate to their degree program, including Mathematics 321, Statistics 323 and Actuarial Science 327, before commencing the first co-operative education placement. Students must have a minimum grade point average of 2.70 in the field before commencing the Co-operative Education major program, or a minimum grade point average of 3.30 in the field before commencing the Co-operative Education honours program.

Requirements

Students must complete the following four courses in addition to the regular requirements for the BSc and the BSc Honours in Actuarial Science degree programs: Co-operative Education 501.01, 501.02, 501.03, 501.04. Co-operative Education 501.05 is not required but may be completed.

In addition to the Faculty and Departmental regulations governing Honours and Major programs and the regulations governing Co-operative Education programs, the following regulations apply. A minimum grade point average of 2.70 must be maintained for continuation in the BSc degree programs. A minimum grade point average of 3.30 must be maintained for continuation in the BSc Honours degree program. In the Co-operative Education programs students must take study and work terms consecutively and be registered full time. The Co-operative Education courses are in addition to the normal requirements for the BSc degree programs in Actuarial Science. Students must complete the same required courses and number of courses as required for a student completing the traditional degree program. Upon completion of each Co-operative Education work term, the student must present a work term report to the Co-operative Education representative in the Division of Statistics and Actuarial Science.

Program Sequence

The first four-month work term (Co-operative Education 501.01) is normally taken in the summer between Years Two and Three. The remaining four-month work terms are taken during the last three years of the program. (Note that additional faculty requirements are not included.) Other combinations of work and study terms are also possible.

It is suggested that students follow either Sequence A or Sequence B.

Sequence A

First Year

Ìý Ìý
Fall Winter Spring/Summer

Mathematics 211 or 213

Computer Science 217 or 231 or 235

Ìý

Mathematics 249 or 251 or 281 or Applied Mathematics 217

Mathematics 253 or 283 or Applied Mathematics 219

Ìý

Second Year

Ìý Ìý

Mathematics 321

Statistics 323

Co-operative Education 501.01

Mathematics 311 or 313

Required courses in Actuarial Science or Statistics offered this term

Ìý

Mathematics 349 or 381*

Mathematics 353 or option from the field*

Ìý

Actuarial Science 325

Actuarial Science 327

Ìý

Third Year

Ìý Ìý

Co-operative Education 501.02

Ìý

Co-operative Education 501.03

Fourth Year

Ìý Ìý

Statistics 421, Actuarial Science 427 and other required courses in Actuarial Science or Statistics offered this term

Co-operative Education 501.05 and other required courses in Statistics offered this term

Co-operative Education 501.05 (optional) and/or remaining required courses in Statistics to complete the program

Fifth Year

Ìý Ìý

Remaining courses in Statistics or Actuarial Science to complete the program

Remaining courses in Statistics or Actuarial Science to complete the program

Ìý

*Students with credit in Mathematics 349 should choose Mathematics 353 in the following semester. Students with credit in Mathematics 381 may choose an option within the field.

Sequence B

First Year

Ìý Ìý
Fall Winter Spring/Summer

Mathematics 211 or 213

Computer Science 217 or 231 or 235

Ìý

Mathematics 249 or 251 or 281Ìýor Applied Mathematics 217

Mathematics 253 or 283 or Applied Mathematics 219

Ìý

Second Year

Ìý Ìý

Mathematics 321

Statistics 323

Co-operative Education 501.01

Mathematics 311 or 313

Mathematics 353 or option from the field*

Ìý

Mathematics 349 or 381*

Actuarial Science 327

Ìý

Actuarial Science 325

Ìý Ìý

Third Year

Ìý Ìý

Statistics 421, Actuarial Science 427 and other required courses in Actuarial Science or Statistics offered this term

Co-operative Education 501.02

Required courses in Statistics or Actuarial Science offered this term

Fourth Year

Ìý Ìý

Co-operative Education 501.03

Required courses in Statistics offered this term

Co-operative Education 501.04

Fifth Year Ìý Ìý

Co-operative Education 501.05 Optional) and/or remaining courses in Statistics or Actuarial Science to complete the program

Remaining courses in Statistics or Actuarial Science to complete the program

Ìý

*Students with credit in Mathematics 349 should choose Mathematics 353 in the following semester. Students with credit in Mathematics 381 may choose an option within the field.