Master Of Actuarial Science (mactsc)

The Master of Actuarial Science (MActSc) at the University of Windsor is a professionally focused graduate program designed to prepare students for successful careers in actuarial science, insurance, pensions, risk management, finance, and related industries. The program combines advanced studies in probability, statistics, actuarial mathematics, economics, and finance while supporting students in their preparation for Society of Actuaries (SOA) professional examinations.

Delivered over four consecutive academic terms, the program provides rigorous quantitative training and practical industry-relevant knowledge. Students develop expertise in financial modeling, risk assessment, data analysis, life contingencies, and actuarial applications used by leading organizations worldwide. Graduates are well-equipped for careers as actuaries, risk analysts, pension consultants, financial analysts, and other quantitative professionals in Canada and internationally.

Program Requirements
  • Academic Requirement: 4-Year Bachelor's Degree in Mathematics, Statistics, Actuarial Science, Engineering, Economics, Finance, Business, Computer Science or related quantitative discipline. Minimum 70% overall average (or equivalent). Strong background in Calculus, Statistics and Linear Algebra is recommended.
  • ELP Requirement: IELTS Academic: 6.5 Overall with no band less than 6.0 OR PTE Academic: 65 OR TOEFL iBT: 83 OR Duolingo: 120
  • Special Requirement: Applicants should possess strong quantitative and analytical skills. Statement of Interest, Resume/CV and official academic transcripts may be required. Knowledge of Calculus, Probability and Statistics is highly recommended.
Refund Policy

The University of Windsor maintains an official tuition fee refund policy for both domestic and international students. Refund eligibility is determined based on the student's withdrawal date, registration status, academic term, and applicable university regulations. Students considering withdrawal from a program or course should carefully review the university's refund deadlines and procedures before taking any action.

Key Refund Policy Information

  • Tuition fee refunds are assessed according to the official withdrawal date recorded by the University of Windsor.

  • Refund amounts may vary depending on the academic term, course registration status, and the timing of withdrawal.

  • Certain fees, including application fees and other administrative charges, may be non-refundable.

  • International students who are unable to obtain a Canadian study permit may be eligible for a refund in accordance with the university's international student refund guidelines and upon submission of supporting documentation.

  • Students must complete the official withdrawal process through the university to be considered for any applicable refund.

  • Approved refunds are generally issued in accordance with the university's established financial procedures.

  • Refund processing times may vary depending on the payment method, banking institution, and document verification requirements.

  • Students are encouraged to consult the official University of Windsor website for the most current refund schedules, deadlines, terms, and conditions.

For the latest and most accurate refund information, students should always refer to the official University of Windsor policies, as refund regulations may change without prior notice.

Key Facts
  • Application Fee: $125
  • LOA Deposit: $4,000
  • Annual Tuition Fee: $17,500
  • Total Tuition Fee: $28,000
  • Course Duration: 16 Months
  • Credentials: Masters
  • Intake: September (Fall Intake)
Apply Now
Important Dates

Applications for upcoming intakes at the University of Windsor are currently open for international students. Students are advised to apply early due to limited seat availability in high-demand programs.

  • Early application submission is strongly recommended for faster admission processing.
  • Tuition deposit deadlines may vary depending on the program and intake.
  • Students should ensure all academic documents, English proficiency results, passport copies, and supporting documents are submitted before the application deadline.
  • Some competitive programs may close admissions earlier once seats are filled.
  • Visa processing times may vary; therefore, students are encouraged to complete admission and fee formalities as early as possible.
  • Scholarship and funding opportunities may have separate deadlines.

For latest deadlines, deposit timelines, and application updates, students should regularly check with the admissions office or authorized education consultant.

Checklist

Mandatory Admission Documents

  • Passport Copy
  • Updated Resume/CV
  • Statement of Interest / SOP
  • Bachelor Degree Certificate
  • Academic Transcripts & Marksheets
  • IELTS / TOEFL / PTE Scorecard

Optional / Additional Documents

  • Passport Size Photograph
  • Reference Letters (2)

Visa Stage Documents

  • Financial Documents for Visa Stage
  • Tuition Fee Payment Receipt (for visa stage)
  • GIC Documents (for visa stage)