Bachelor Of Science In Actuarial Science

Turn Numbers Into Certainty. Become a Leader in Risk Management.

Do you have strong mathematical skills and a passion for solving complex problems? The Bachelor of Science in Actuarial Science at the University of Regina equips you with the tools to become an expert in risk analysis, insurance, and financial modeling—opening the door to one of the most respected and high-paying professions in business.

Why Study Actuarial Science at the University of Regina?

✅ Top Accreditation: One of only 11 programs in Canada accredited by the Canadian Institute of Actuaries (CIA) — and the only program of its kind in Saskatchewan.

✅ High Job Placement: Graduates enjoy nearly 100% hiring success in the actuarial industry.

✅ Paid Internships: Gain real-world experience through one-year internships with top companies in insurance, pensions, and consulting.

✅ Industry-Ready Curriculum: Designed to prepare you for professional actuarial exams and real-world career challenges.

What is Actuarial Science?

Actuarial Science is the application of mathematics, statistics, and financial theory to evaluate risk in insurance, pension plans, finance, and investment management. Actuaries play a vital role in business decision-making by predicting future events and minimizing financial uncertainty.

Actuarial work often intersects with:

Career Outlook

With a BSc in Actuarial Science, you’ll be qualified for positions such as:

Sample Courses

Mathematics of Finance I

Learn the fundamentals of financial mathematics including interest measurement, annuities, yield rates, amortization, and sinking funds.

Introduction to Actuarial Mathematics

Study the economics of insurance, probability models for life insurance, life annuities, and life tables.

Actuarial Models I

Explore both probabilistic and deterministic models in life insurance and pensions, including premiums, reserves, and multi-life contingencies.

Introduction to Casualty Insurance and Credibility

Dive into property/casualty loss reserving, rate-making, and credibility theory.

 

Why Actuarial Science is a Top Career Choice

Actuaries consistently rank among the top professions in job satisfaction, salary, and growth potential. As a graduate of the University of Regina’s Actuarial Science program, you’ll be in high demand—backed by the skills, accreditation, and experience that employers trust.

Program Requirements
  • Academic Requirement: 70% average required
  • ELP Requirement: English Proficiency Score (Only for students of Non-English speaking countries) • IELTS: overall score of 6.5 (with no band below 6.0). • PTE: Overall 59 • TOEFL: Overall 83 ( not less than 20 ) • Duolingo : Overall 120 (not less than 105)
Refund Policy

Tuition Deposit & Partial Refund Policy for Undergraduate International Students

Undergraduate international students on a study permit are required to pay a $1,000.00 tuition deposit upon acceptance of admission. If the student's study permit application is denied, they can request a partial refund of the tuition deposit in the amount of $500.00.

Withdrawing from Courses
When you drop one or more courses by the official deadlines for your term or “part of term,” you automatically get a full or partial refund credited to your student account.

Finding Your Deadlines
Check the Academic Schedule or log in to UR Self-Service and view My Refund Schedule (or the Class Refund Schedule) to see the exact drop dates that apply to your courses.

Automatic Refund Levels
There are three refund deadlines each term:

  • Deadline 1: 100% refund of tuition and mandatory fees.

  • Deadline 2: 50% refund of tuition only (other mandatory fees are not refunded).

  • Deadline 3: No refund.

Additional Fee Adjustments
If you withdraw after Deadline 1 because of serious, unexpected events—such as your own serious illness or accident, a close family member’s death or illness, hospitalization, or an involuntary job transfer—you can apply for an extra tuition adjustment. You must submit a formal request with supporting documents; mandatory fees are not eligible for adjustment.

How Your Refund Date Is Set
We use the date you formally withdraw in Self-Service (or the date we receive your written request). If you stopped attending earlier for a documented reason (for example, the day you were hospitalized), we can use that date instead.

Part-of-Term 1 Refund Schedule
If you’re in Part of Term 1 (full semester) and withdraw after Deadline 1, here’s what you get back on tuition:

  • Week 3: 77%

  • Week 4: 69%

  • Week 5: 62%

  • Week 6: 54%

  • Week 7: 46%

  • Week 8: 38%

  • Week 9: 31%

  • Week 10: 23%

  • Week 11: 15%

  • Week 12: 8%

  • Week 13 and beyond: 0%

Withdraw later than Week 13, and you’re not eligible for a tuition refund.

Key Facts
  • Application Fee: $100
  • LOA Deposit: $1,000
  • Annual Tuition Fee: $22,000
  • Total Tuition Fee: $88,000
  • Course Duration: 4 Year
  • Credentials: Bachelor Degree
  • Intake: Sep-25
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Checklist

Checklist for UG Program’s

  • CV/Resume
  • Passport
  • Academic documents
  • Proof of English Proficiency
  • Third Party Consent Form (Signed)
  • Visa copy, PPR letter & Study permit (If Onshore)
  • Canadian address& Contact no  (If Onshore)
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