University of Waterloo Courses and Fees 2026

Master of Actuarial Science From University of Waterloo

Waterloo, OntarioLocation
UniversitySchool type
Estd1957established year
42000enrollment
Public
Partner [3 Courses]
7.8/10

Master of Actuarial Science

2 years
Full Time
On Campus
Ranked #47 out of 600 by QS Global Ranking 2025

$40,189 /Yr

CA$55,053 /Yr
Collegedunia Team's profile photo

Collegedunia Team

Content Curator | Updated 3+ months ago

Waterloo is a 2 years Full Time Master program. This program is offered On Campus. The first year fees for at Waterloo is ₹ 36.21 Lakhs (CAD 55053). Earlier in 2022, the Fee was ₹ 36.21 Lakhs (CAD 55053). This shows that the academic fees has remained the same.

According to Times Higher Education, Waterloo ranked 201 out of 1502 in Global Ranking.

Waterloo Total Fees 2025

The tuition fee for at Waterloo is CAD 55053 per year (₹ 36.21 Lakhs). Meanwhile, the total cost is CAD 69837/Year (₹ 45.93 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for at University of Waterloo is as follows:

Expense TypeAverage Cost (INR)Equivalent (CAD)
Tuition Fee₹ 36.21 LakhsCAD 55053

The other expenses for at University of Waterloo is as follows:

Expense TypeAverage Cost (INR)Equivalent (CAD)
Housing (off-campus) and utilities ₹ 2.1 Lakhs CAD 3200
Food - groceries ₹ 61,824 CAD 940
Books and supplies ₹ 65,770 CAD 1000
Total estimated living costs ₹ 4.39 Lakhs CAD 6680
Books and supply ₹ 1.95 Lakhs CAD 2964
Total Cost ₹ 9.72 Lakhs CAD 14784

Tuition Fee Trends at Waterloo

Waterloo Fees for Indian students is ₹ 36.21 Lakhs (CAD 55053). This academic fee has remained the same from 2022. Candidates can check the year on year trends in Waterloo Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (CAD)
2025₹ 36.21 LakhsCAD 55053
2022₹ 36.21 LakhsCAD 55053
2021₹ 16.94 LakhsCAD 25754

at Waterloo Admission 2025

To be eligible for admission to at Waterloo, applicants must meet specific academic and language requirements.

Academic Eligibility:

  • A four-year honor’s Bachelor’s degree with an overall 83% average from a Canadian university (or its equivalent).
  • An interview and diagnostic test may be required. Three academic or professional references.
  • Proof of English proficiency may be required for international applicants, whose first language is not English.
  • The GRE exam score is not required but if given will be encouraged.
  • Students must be qualified in IELTS or TOEFL to get admission to this program.

Indian Student Eligibility:

  • Should have completed a 4-year UG degree with first class in a relevant field from a recognized institution.
  • Should have completed a master’s degree with first-class in a relevant field from a recognized institution.

Waterloo Application Link

Waterloo Application Link; Apply Here

Fee Comparison

The fee comparison for similar programs like Waterloo are:

UniversityProgramFirst Year Fees in CADFirst Year Fees in INR
University of WaterlooM.Math Applied MathematicsCAD 23,088 /YrINR 15.2 L/Yr
Western UniversityM.S Applied MathematicsCAD 29,656 /YrINR 19.5 L/Yr
University of CalgaryMS Math and StatisticsCAD 26,189 /YrINR 17.2 L/Yr
Queen's UniversityM.S BiostatisticsCAD 15,358 /YrINR 10.1 L/Yr
Also Check:

Tuition Fees

Year1st Year Fees
Tuition Fees$40189 (CAD 55053)

Other Expenses

HeadAvg Cost Per Year
Housing (off-campus) and utilities$2336 (CAD 3200)
Food - groceries$686 (CAD 940)

Previous Year Tuition Fees

Year1st Year Fees
2022$40189 (CAD 55053)
2021$18800 (CAD 25754)

Scores Required

90 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS

63 / 90

Avg. Score in

PTE

  • GRE and GMAT scores are not required

Required Document List

  • Three academic or professional references.

TOP Scholarships

Scholarship nameAward amountEligibility
International Student Entrance Scholarship10000Admission average of 90% or above will be considered


Career and Placement after Course

Graduates have careers as:

  • Mathematicians,
  • Statisticians and Actuaries Actuaries


Comments


No Comments To Show

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Cotton Family Women in Mathematics Graduate ScholarshipScholarship per student$ 2,190/Yr$3,000Level Of StudyDoctorateTypeCollege-Specific
The Anish Chopra Masters of Accounting ScholarshipScholarship per student$ 3,650/Yr$5,000Level Of StudyMasterTypeAwards
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
University of Montreal ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 14,600/Yr$20,000Level Of StudyMasterTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
--
USD 16,854 /Yr
CAD 23,088 /Yr
  • TOEFL: 90
  • IELTS: 7.0
  • PTE: 63
--
USD 21,649 /Yr
CAD 29,656 /Yr
  • TOEFL: 92
  • IELTS: 6.5
  • Duolingo: 115
Application Deadline for September 2027 Intake (15th Jan 2027)
USD 15,907 /Yr
CAD 21,790 /Yr
  • TOEFL: 4.5
  • IELTS: 6.5
  • Duolingo: 125
  • PTE: 59
--
USD 11,211 /Yr
CAD 15,358 /Yr
  • PTE: 65
  • TOEFL: 88
  • IELTS: 6.5

Do you think the Dates are wrong ?  Report Here

Videos

interested in this College ?

Get free counselling