Overview

The Mathematics (Actuarial Science and Mathematical Finance) at the University of Missouri - Columbia provides students with a rigorous foundation in the mathematical and statistical methods used to evaluate risk. This undergraduate degree combines traditional actuarial techniques with modern financial economics to prepare graduates for complex analytical roles.

Students explore the interrelating disciplines of probability and statistics, which are essential for the life insurance and finance industries. The curriculum emphasises the analysis of mortality, the production of life tables, and the application of compound interest in professional settings.

Beyond traditional methods, the programme embraces advanced mathematical modelling of finance.

Tuition Fee Breakdown

International fee: USD 38168 per year
National fee: USD 37820 per year
Local fee: USD 15548 per year

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

Syllabus

The curriculum focuses on the intersection of mathematics, finance, and risk assessment. Modules may include:

Actuarial Science
Mathematical Finance
Probability
Statistics
Financial Economics
Compound Interest
Mathematical Modelling

Careers with Mathematics (Actuarial Science and Mathematical Finance)

Graduates from the University of Missouri - Columbia are prepared for diverse professional paths in finance, insurance, and data analysis. The analytical skills developed during the programme are highly valued by organisations managing financial risk and long-term economic planning.

Common career destinations for graduates include roles as Actuaries, Financial Risk Specialists, and Financial Quantitative Analysts. The degree also provides a strong foundation for positions such as Budget Analysts, Cost Estimators, and Market Research Analysts.

Additionally, students may pursue careers in the broader financial services sector as Securities and Commodities Sales Agents or Personal Financial Advisors. Some graduates also choose to enter academia or management, working as Mathematicians, Statisticians, or Natural Sciences Managers.

Programme Structure

Courses include:

Analytic Geometry and Calculus

Differential Equations

Matrix Theory

Advanced Calculus of One Real Variable

Mathematics of Financial Derivatives

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-01-21 00:00:00
- Apply before 2026-07-21 00:00:00 , International
Starting 2027-08-19 00:00:00
- Apply before 2027-02-19 00:00:00 , International

More details

International- There are no application deadlines, but we recommend you apply 6-12 months before the start of the semester you wish to begin taking classes.

Language

English

Duolingo English Test

110

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IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

Columbia, United States

Disciplines

Financial Mathematics Actuarial Science View 261 other Bachelors in Actuarial Science in United States

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Academic requirements

GPA

2.5

English requirements

Duolingo English Test

110

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

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

Complete the required core coursework with the required grades.

Meet the English language requirements.

Submit all of the required application materials.

Proof of financial support.

Scanned copy of your passport.

Transfer authorization (for F-1 and J-1 transfer students only).

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

38168 USD / year

≈ 38168 USD / year
Out-of-State

37820 USD / year

≈ 37820 USD / year
Domestic

Applies to you

In-State

15548 USD / year

≈ 15548 USD / year

Living costs

Columbia

United States

800 - 1300 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 Mathematics (Actuarial Science and Mathematical Finance).

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

Living costs

Columbia

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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