Actuarial Science at Waterloo: Admission Average
University of Waterloo · Waterloo, ON
What average do you need for Actuarial Science at Waterloo?
Actuarial Science at University of Waterloo typically admits students with averages in the high 80s-low 90s, roughly 85–92%. It ranks #7 of 18 Waterloo programs by admission average.
One of Canada's most respected actuarial programs.
How competitive is it?
Of the 2 universities we track that offer it, none ask for a higher average and 1 asks for a lower average.
As a rough guide, 92% or higher is above the typical range, 85% up to 92% is inside it, and 81% up to 85% is a reach. Cut-offs move every year, so apply to a mix of schools.
Ontario applicants are assessed on their top six Grade 12 U/M courses, including the program's prerequisites. Work out yours with the Best 6 calculator.
Actuarial Science at other universities
- Simon Fraser University – high 80s
Typical high school prerequisites
- English
- Advanced Functions
- Calculus & Vectors
- One additional U/M course
- Strong CEMC contest performance helps at Waterloo
First-year courses
- Calculus I & II
- Linear Algebra
- Probability
- Introduction to Actuarial Science
- Statistics
These are typical for Actuarial Science programs across Canada. About the Actuarial Science degree
After a Actuarial Science degree
Actuarial Science usually takes 4 years.
- Actuary – $80,000 to $200,000
- Financial Analyst / CFA – $65,000 to $150,000
- Waterloo's actuarial program is world-ranked - CEMC contest performance is a real admissions factor.
- You write professional exams (SOA P, FM, etc.) during and after your degree - budget time and money for this.
- Each passed exam increases your salary - the fellowship (FCAS/FSA) takes 10+ years but leads to very high earnings.
Applying to Waterloo
The University of Waterloo is Canada's most respected technology and engineering university, and operates the world's largest post-secondary co-op program. It places more graduates at top global tech companies than any other Canadian school. Admission is highly selective, and the academic culture is intensely demanding - Waterloo attracts and produces some of Canada's sharpest technical minds. The AIF (Admission Information Form) is a critical part of every application and is read carefully.
University of Waterloo is in Waterloo, ON, was founded in 1957 and has about 42,000 students. Domestic tuition is about $6,300 a year, co-op is available and first-year residence is guaranteed.
Deadlines: OUAC (Ontario) January 15; direct application N/A - OUAC for ON students, direct for others.
- The AIF (Admission Information Form) is extremely important - Waterloo reads every word. Be specific and genuine.
- A strong CCC score (especially Senior) meaningfully improves CS/Math admission chances.
- Euclid contest scores are reviewed for Math and CS applicants.
Other Waterloo programs
- Computer Science – high 90s (95-98%+)
- Software Engineering – high 90s (94-97%+)
- Computer Engineering – low-to-mid 90s
- Electrical Engineering – low-to-mid 90s
- Mechanical Engineering – low 90s
- Systems Design Engineering – low-to-mid 90s
- Management Engineering – low 90s
- Biomedical Engineering – high 90s
- Nanotechnology Engineering – low-to-mid 90s
- Mathematics – high 80s-low 90s
- Computing & Financial Management – mid-to-high 90s
- Statistics – high 80s
- Accounting & Financial Mgmt – low 90s
- Honours Economics – high 80s
- Kinesiology – high 80s
- Environmental Engineering – low 90s
- Architecture – high 80s