Western Graduate & Postdoctoral  Studies


Master of Science (MSc)

Program Websites

Program Contact

Erin Woolnough (ewoolno@uwo.ca)
Academic Coordinator

Department of Statistical and Actuarial Sciences

Western University
Western Science Centre Rm 262
London, Ontario N6A 5B7

t. 519-661-2111 ext. 86514
f. 519-661-3813

Our department's Master’s program encompasses three fields: Statistical Theory, Actuarial Science and Financial Modelling. Students in the Statistical Theory field will study probability, inference, statistical computing and data analysis in depth. Students in the Actuarial Science field will learn about survival analysis, risk, ruin, mortality and their connections with finance. Students in the Financial Modelling field will learn the theory and application of deterministic and stochastic models used in the banking industry.

Times to Completion

  • 3-6 Terms (1-2 years)

Curriculum Options

  • Full-time study
  • Thesis-based, or project-based

Funding Details

  • Stipends are variable, depending on student performance and background. Typical stipends for Canadians and Permanent Residents are around $18,000 per year and usually include a teaching assistantship, research assistantship and a scholarship. Funding for international students is more limited.

Applicants (domestic and international) are encouraged to apply for the following scholarships:

Admission Requirements

  • Four year undergraduate degree from a recognized institution with sufficient background in Statistics, Actuarial Sciences and/or Financial Modelling.

Test Requirements

Applicants whose first language is not English must furnish evidence of their proficiency in the use of the English language:

Application Deadline(s)

  • February 15 - International Applicants

  • August 15 - Domestic Applicants

Applications received after the deadline will not be considered. Completed applications are reviewed on a continuous basis. Applicants are strongly encouraged to apply as early as possible.

Fields of Research

  • Actuarial Science
  • Financial Modelling
  • Statistical Theory