Overview

The Statistics and Actuarial Science B.S. at the University of Minnesota provides students with a robust foundation in data analysis and risk management. This undergraduate programme bridges the gap between mathematical theory and its practical application in modern industry. Students learn to navigate complex datasets to solve critical problems in finance and healthcare.

Why Statistics and Actuarial Science at University of Minnesota?

Students benefit from an active learning environment that prioritises undergraduate teaching and direct research involvement. The department offers one-on-one attention from expert faculty, supported by dedicated graduate teaching assistants. This collaborative atmosphere ensures that learners receive personalised guidance throughout their academic journey.

The university provides access to state-of-the-art instrumentation and facilities within the Swenson College of Science and Engineering. Undergraduates are encouraged to partner with faculty on active research programmes, often leading to published results and professional presentations. This focus on experiential learning prepares students for the technical demands of the global workforce.

Tuition Fee Breakdown

International fee: USD 20950 per year
National fee: USD 20950 per year
Local fee: USD 15200 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum focuses on the development of techniques for data collection, analysis, and risk assessment. Modules may include:

Statistics
Actuarial Science
Data Analysis
Risk Assessment
Mathematical Sciences
Research Methods
Data Collection

Careers with Statistics and Actuarial Science

Graduates are well-prepared for diverse roles across the banking, government, and healthcare sectors. The programme produces professionals capable of handling high-level quantitative tasks in various financial and technical industries. Many alumni secure positions as actuaries, data scientists, or financial analysts shortly after graduation.

Common career paths for graduates include:

Data Analyst
Statistician
Risk Manager
Quantitative Analyst
Cryptographer

The university maintains strong links with major organisations, facilitating internships and graduate placements. Students have previously secured roles at prestigious firms such as UnitedHealth Group, Allianz Investment Management, Cargill, and Securian Financial. These industry connections provide a vital pathway into the professional world of finance and data science.

Programme Structure

Courses include:

Probability and Statistics

Calculus

Linear Algebra

Differential Equations with Linear Algebra

Discrete Mathematics

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-09-08 00:00:00
- Apply before 2027-01-01 00:00:00

Language

English

Duolingo English Test

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Credits

120 SCH

Delivered

On Campus

Campus Location

Duluth, United States

Disciplines

Statistics Actuarial Science View 395 other Bachelors in Statistics in United States

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Academic requirements

GPA

Required

English requirements

Duolingo English Test

105

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

High school transcript(s). Unofficial transcripts are sufficient for currently enrolled students who have not graduated.

Senior year (12th grade) course schedule, if not included on the transcript.

If applicable, college or university transcript(s). Unofficial transcripts are sufficient for currently enrolled students.

ACT/SAT scores (optional)

Grade trends and academic rigor

Personal Statement

Specific courses taken

Submit a one-time $50 non-refundable application fee.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

20950 USD / year

≈ 20950 USD / year
Out-of-State

20950 USD / year

≈ 20950 USD / year
Domestic

Applies to you

In-State

15200 USD / year

≈ 15200 USD / year

Additional Details

International: the cost includes tuition and fees and is for last year. Costs are calculated differently due to visa requirements.

Living costs

Duluth

United States

965 - 1380 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Statistics and Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Additional Details

Living costs

Duluth

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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