Simon Fraser University [SFU], Burnaby Programs, Tuition Fees & Entry Requirements 2022-2023

Master of Science [M.S] [Actuarial Science] From Simon Fraser University

Burnaby, British ColumbiaLocation
UniversitySchool type
Estd1965established year
37500enrollment
Public
7.4/10

Master of Science [M.S] (Actuarial Science)

2 years
Full Time
On Campus

₹37.1 L/Yr

CA$60,768 /Yr

The M.S Actuarial Science program at Simon Fraser University is a 2-years program. The tuition fee for M.S Actuarial Science in 2023 at Simon Fraser University was CAD 60768 (₹3714140). In 2021, the fee was CAD 7885 (₹481931), reflecting a rise of CAD 52883 (₹3232209)

Tuition Fees

Year1st Year Fees
Tuition Fees₹3714140 (CAD 60768)

Other Expenses

HeadAvg Cost Per Year
Room And Board₹290626 (CAD 4755)
Food₹203530 (CAD 3330)

Previous Year Tuition Fees

Year1st Year Fees
2021₹481931 (CAD 7885)
  • The master of science (MSc) in actuarial science program provides advanced education and research training that prepares students for a career in industry or to continue on to PhD studies.
  • The program offers exposure to current applied and theoretical topics generally not covered by the professional exam syllabus. Students have the opportunity to gain work experience through co-operative education.
  • This program consists of required courses, elective courses, and a project for a minimum of 36 units
  • Students are expected to complete the program requirements in five terms.
  • The course work typically takes three terms, and the project, including the defense, usually takes two terms.

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must complete a bachelor's degree in science or a related field from a recognized institution.
  • The related fields include a UG degree in engineering science, applied mathematics, or Mathematics.
  • A letter from referees attesting to the ability of the applicant to undertake advanced quantitative work.
  • A CGPA of at least 3.0 is required.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution
  • Or, completed a master degree with first class in a relevant field from a recognized institution
  • Or, completed a 3-year UG degree with a first-class from a NAAC-accredited institution 

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.


Scores Required

93 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

65 / 90

Avg. Score in

PTE

300 / 340

Avg. Score in

GRE updated

3.33 / 4

Minimum gpa

GPA

Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.


Required Document List

Following are the required documents:

  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Online application form: Students have to submit an online application form at the official website.
  • All post-secondary transcripts: Students have to submit all official documents containing student’s grades. Thus, post-secondary transcripts refer to undergraduate, graduate, medical school, law school, or other higher education transcripts.
  • Three academic or professional references: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
  • Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
  • A Credential evaluation report from WES Canada or ICES: If students have credentials from an institution outside of Canada or the United States, they must submit a credential evaluation report from WES Canada (course-by-course report) or ICES (comprehensive report).
  • Statement of research interests: Student has to fill their interesting research work area in the application form.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

TOP Scholarships

Scholarship nameAward amountEligibility
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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ellis R. Ott Scholarship for Applied Statistics and Quality ManagementScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Jared J. Davis GrantScholarship per student₹ 61,120/Yr$1,000Level Of StudyBachelorTypeMerit-Based
JN Tata Endowment ScholarshipScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Australia Awards ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Debesh Kamal ScholarshipScholarship per student₹ 84,651/Yr$1,385Level Of StudyBachelorTypeMerit-Based
Prodigy Finance-GyanDhan ScholarshipScholarship per student₹ 1.5 L/Yr$2,500Level Of StudyMasterTypeMerit-Based

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