間眅埶AV

Actuarial Mathematics Certificate

Department of Statistics and Actuarial Science | Faculty of Science
間眅埶AV Calendar 2012 Fall

This program provides the mathematical and statistical background for the Society of Actuaries early examinations.

間眅埶AV Requirements

To apply, students must already have completed the following courses, or their equivalents, and have knowledge of one programming language.

  • MATH 151-3 Calculus I
  • MATH 152-3 Calculus II

Courses for Further Credit

No student may complete, for further credit, any course offered by the Department of Statistics and Actuarial Science which is a prerequisite for a course the student has already completed with a grade of C- or higher without permission of the department.

Prerequisite Grade Requirement

Students are required to have a grade of C- or better in prerequisites for STAT courses and C or better for ACMA courses offered by the Department of Statistics and Actuarial Science.

GPA Required for Continuation

To continue in the program, students are required to maintain at least a 2.25 grade point average in MATH, STAT, MACM or ACMA courses.

Credit for Statistics Courses

Credit for STAT courses depends on the order in which the courses are completed. There are three kinds of courses:

  • introductory course STAT 100
  • service courses STAT 101, 201, 203, 301, 302, 403
  • mainstream courses STAT 270, 285, 300W, 330, 350, 380, 400, 410, 430, 450, 460

Once a service or mainstream course is completed, credit may not be obtained for STAT 100. Once a mainstream course is completed, credit may not be obtained for any service course. An except is that both STAT 302 and 403 may be completed for credit after completing STAT 270.

Grade Requirement

Students are required to achieve a CGPA of 2.00 or better to graduate. The graduation GPA will be calculated based only on courses completed at 間眅埶AV.

Program Requirements

Those who already have a university degree may receive waivers for certain required courses as listed below, and/or transfer credit.

In all cases, a minimum of nine courses is required while in the certificate program. At least six courses must be completed at 間眅埶AV, of which a minimum of four must be ACMA courses, as indicated below.

To obtain the certificate, four lower division courses and eight upper division courses must be completed as follows.

Lower Division Requirements

Students complete a total of 12 units, composed of all of

  • ACMA 210-3 Mathematics of Compound Interest
  • MATH 232-3 Elementary Linear Algebra
  • STAT 270-3 Introduction to Probability and Statistics
  • STAT 285-3 Intermediate Probability and Statistics

Upper Division Requirements

A 2.50 GPA is required on the eight required upper division courses. These eight courses must include

  • ACMA 320-5 Actuarial Mathematics I

and at least four of

  • ACMA 315-3 Credibility Theory and Loss Distributions
  • ACMA 335-3 Risk Theory
  • ACMA 395-3 Special Topics in Actuarial Science
  • ACMA 425-3 Actuarial Mathematics II
  • ACMA 445-3 Loss Models: Estimation and Selection
  • ACMA 490-3 Selected Topics in Actuarial Science
  • ACMA 495-3 Directed Studies in Actuarial Science

and at least one of

  • MACM 316-3 Numerical Analysis I
  • MATH 308-3 Linear Optimization
  • STAT 330-3 Introduction to Mathematical Statistics
  • STAT 350-3 Linear Models in Applied Statistics

The remaining two courses can be chosen from the list above.

Return to actuarial science index page.

For calendar technical problems or errors, contact calendar-sfu@sfu.ca | Calendar changes and corrections