HOW TO GET THERE
Typical pathway
In high school, students often focus on advanced math, including calculus, plus statistics, physics, and computer science if available. After graduation, many go on to university in mathematics, statistics, actuarial science, or a related subject such as business or economics, depending on the role they want. Some students build experience through co-op, internships, research projects, or summer jobs that use data analysis and problem-solving. Employers may prefer different combinations of education and experience, and requirements can vary by province, specialization, and workplace.
THE WORK
What you may do
Legacy duties
- Mathematicians conduct research to extend mathematical knowledge in traditional areas of mathematics such as algebra, geometry, probability and logic and apply mathematical techniques to the solution of problems in scientific fields such as physical science, engineering, computer science or other fields such as operations research, business or management.
- Statisticians conduct research into the mathematical basis of the science of statistics, develop statistical methodology and advise on the practical application of statistical methodology. They also apply statistical theory and methods to provide information in scientific and other fields such as biological and agricultural science, business and economics, physical sciences and engineering, and the social sciences.
- Actuaries apply mathematical models to forecast and calculate the probable future costs of insurance and pension benefits. They design life, health, and property insurance policies, and calculate premiums, contributions and benefits for insurance policies, and pension and superannuation plans. They may assist investment fund managers in portfolio asset allocation decisions and risk management. They also use these techniques to provide legal evidence on the value of future earnings.