The Actuarial Science program at the University of Calgary prepares students for careers as actuarial professionals. Actuarial practitioners, also known as actuaries, are responsible for assessing and quantifying financial risk. Actuarial Science is concerned with the construction of models and solutions for financial, business and societal problems involving uncertain future events. Broadly speaking, actuaries forecast the cost of future risks and improve financial decision making by developing models to evaluate the current financial implications of uncertain future events. Actuaries have been described as financial architects and social mathematicians.
The Faculty of Science offers programs of study leading to either the Bachelor of Science (B.Sc.) or the Bachelor of Arts (B.A.) degree.