StatisticsMaster of Science (MSc)
Supervisors: Charmaine Dean and Douglas Woolford
Why did you come to Western for your graduate degree?
I decided to come to Western because of the opportunity to work alongside Douglas G. Woolford in the Statistics Department. I find his research extremely interesting and knew that we would work well together, since I was an undergraduate research assistant for him in the past.
Where’s your favourite place on campus?
My favourite place on campus is my office in the Western Science Centre building. I like it because I have my own work station with a computer and there are only three other graduate students in the office.
What is it about your grad program that enables you to thrive and be successful?
I believe the faculty is the main reason I am able to thrive. The professors are approachable and welcoming, allowing students to feel comfortable with asking questions. They are understanding and very helpful, showing that they want their students to succeed.
What idea, suggestion, or comment would you like to share with the Western graduate community?
Try to make an effort to meet other graduate students from different departments and fields. It is very easy to get bogged down with work and stay within the spaces of your own department. The Society of Graduate Students (SOGS) and the School of Graduate and Postdoctoral Studies (SGPS) put on many events each year. It is definitely worth it to attend events and meet new people!
Program ContactSamya Chams (firstname.lastname@example.org )
Assistant for the School of Math & Statistical Science
Department of Statistical and Actuarial SciencesWestern University
Western Science Centre Rm 262
London, Ontario N6A 5B7
t. 519-661-2111 ext. 84363
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.
- 3-6 Terms (1-2 years)
- Full-time study
- Thesis-based, or project-based
- 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:
- Four year undergraduate degree from a recognized institution with sufficient background in Statistics, Actuarial Sciences and/or Financial Modelling.
English Language Proficiency
Applicants whose first language is not English must furnish evidence of their proficiency in the use of the English language:
- The Test of English as a Foreign Language (TOEFL). Minimum acceptable score is 213 for the standard electronic version, 550 for the paper and pencil version, or 86 for the internet version with no individual score below 20. [Western's TOEFL ID is 0984].
- The International English Language Testing Service (IELTS). Minimum acceptable score is 6 out of 9 with no individual score falling below 6.
- The Michigan English Language Assessment Battery (MELAB). Minimum acceptable score is 80 on each section and an overall score of 85.
- The Canadian Academic English Language Assessment (CAEL Assessment). Minimum acceptable score is 60 overall.
- 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