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Actuarial Science and Statistics, BS - Statistics Option
Actuarial Science and Statistics: Statistics BS
Why Choose UCM for Your Actuarial Science and Statistics BS - Statistics Option?
Prepare for a high-demand career applying data to real-world challenges with the Bachelor of Science in Actuarial Science and Statistics - Statistics Option at the University of Central Missouri. Designed for problem solvers who enjoy math and computing, this program teaches you to model complex data using industry-standard statistical tools. Whether you aim to analyze risk in health care, finance, insurance or sports, UCM provides expert faculty mentorship, dedicated lab facilities and an affordable path to success. You can even pair your degree with a minor or enter an accelerated master’s program.
Request Information About UCM's Actuarial Science and Statistics BS - Statistics Option
UCM's Actuarial Science and Statistics BS - Statistics Option at a Glance
Degree Type: Bachelor of Science | Credit Hours: 120 Hours
Degree Can be Taken: Warrensburg
- Recognized by the Society of Actuaries (SOA) as a UCAP-AC (Advanced Curriculum) program
- Prepares graduates for SOA preliminary exams and associate-level actuary credentials
- Accelerated MS degree option available
ContactPhoebe McLaughlin, PhD |
What will you learn in UCM’s Actuarial Science and Statistics BS - Statistics Option program?
UCM’s curriculum gives you practical experience solving complex data problems. You will learn to use professional statistical software to build predictive models and analyze real-world scenarios across diverse industries.
Coursework transitions from foundational theory to applied workplace projects structured around tasks you will encounter early in your career.
Core Courses & Skill Areas:
- Regression Analysis
- Computer Programming
- Introduction to Probability and Statistics
- Probability Models
- Statistics and Data Analysis
- Time Series Models and Analysis
SOA Exam Preparation & Accelerated Pathway: The curriculum aligns with Society of Actuaries (SOA) standards, preparing you for at least four SOA preliminary exams. If you want to fast-track your education, UCM offers an accelerated degree pathway. Qualified students can begin taking master's coursework during their junior year to complete both a BS in Actuarial Science and Statistics and an MS in Mathematics (Actuarial Science and Statistics Option) in five years.
Unique learning opportunities in UCM’s Actuarial Science and Statistics BS - Statistics Option program
At UCM, classroom instruction is paired with hands-on practice, specialized facilities and professional networking:
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- Honor Society Recognition: High-achieving students may be invited to join the Kansas/Western Missouri chapter of Mu Sigma Rho, receiving a free one-year membership to connect with industry professionals.
- Real-World Internships: Apply statistical tools in professional settings through local internships. Past students have gained experience with companies like Commerce Bank and T-Mobile.
- Professional Workshops: Attend local American Statistical Association events and short courses to expand your knowledge of cutting-edge statistical methods and tools.
- Dedicated Computer Labs: Practice programming and data modeling on professional-grade statistical software in labs reserved exclusively for Actuarial Science and Statistics majors.
- Student Organizations & Career Events: Join The Society of Actuarial and Statistical Sciences (SASS) for guest speaker sessions and networking. Attend the annual Career Fair for Future Actuaries to connect with nearly 20 employer firms, including consulting groups and insurance providers.
- Expert Faculty: Learn from faculty who all hold doctorates in statistics or mathematics, bring active industry experience to class and offer personalized mentorship.
Fast facts about UCM's Actuarial Science and Statistics BS - Statistics Option
- SOA UCAP-AC Distinction: Recognized by the Society of Actuaries as a UCAP-AC (Advanced Curriculum) program
- Doctoral Faculty: PhD-level faculty who remain active in the field
- Accelerated Degree: Option to earn a bachelor's degree and a master's degree in five years
- Exam Readiness: Covers material required for at least four SOA preliminary exams and associate-level actuary credentials
- Dedicated Facilities: Access to specialized computer labs equipped with professional statistical software
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Financial Aid and Scholarships for UCM’s Actuarial Science and Statistics BS - Statistics Option Students
As a UCM student, you’ll have a financial aid advisor as part of your six-person student support team to help you find the best way to finance your college education. UCM provides one of the lowest tuition rates for this field in Missouri, alongside grants, loans, tuition awards and federal financial aid.
Students in this program can apply for dedicated scholarships offered through the university, such as:
- Actuarial Science/Statistics Achievement Award
- Peggy Taylor Palmer Actuarial Science Scholarship
Explore all available funding opportunities through the UCM Scholarship Finder, and connect with your financial aid advisor to create a plan that minimizes student debt.
Your next steps:
① Request information about Actuarial Science and Statistics at UCM.
② Schedule a visit or Connect virtually with a UCM admissions rep.
Career opportunities and outcomes for UCM’s Actuarial Science and Statistics BS - Statistics Option graduates
Earning a BS in Actuarial Science and Statistics at UCM opens doors to versatile roles in a fast-growing, high-paying field routinely ranked among the best business jobs. Graduates are prepared for analytical and consulting positions across insurance companies, financial institutions and government agencies.
Graduates and statistics majors focus on key career areas, including:
- Actuarial science
- Cost estimation
- Data analysis
- Data science
- Database administration
- Financial analysis
- Market research
- Risk analysis
- Sports analysis
If you choose to continue your education, UCM's curriculum thoroughly prepares you for graduate study. Because many companies prefer candidates with a master's degree for professional statistician roles, continuing into graduate school is a direct path to advanced career opportunities.
Apply to UCM's Actuarial Science and Statistics program
The UCM Career and Life Design Center
The UCM Career and Life Design Center is here for undergraduate students, graduate students and alumni from all majors, identities and interests. We are a hub for career exploration and career readiness. We offer resources and support for:
- exploring career options
- life design (explore and build career and life journeys, designing next steps)
- job and internship searching
- document reviews (resumes, cover letters, personal statements, etc.)
- interviews (coaching and mock interviewing)
- Professional Clothing Studio
- preparation for graduate school (application materials, exploring programs)
- and more!
Take your degree further.
Most companies who post jobs for Statistics majors prefer candidates who have graduate degrees. Prepare for that step in your career by continuing your education with a master’s degree from UCM.
Make yourself more marketable.
Add even more skills to your resume by combining your Statistics major with a related minor at UCM. A minor can also help you focus your skills for jobs with a degree in Statistics.
Explore programs related to statistics.
If you’re interested in jobs for Statistics majors that benefit from the courses included in this degree program, you may also want to explore these other majors at UCM:
Frequently Asked Questions
You will learn to use statistical software and tools to model data and solve complex problems in business, insurance, health care and finance. Core coursework covers regression analysis, computer programming, probability models, time series analysis and workplace-focused senior projects. You will also cover topics needed for at least four preliminary SOA exams.
This degree prepares you for roles in data analysis, data science, financial analysis, risk analysis, cost estimation, sports analysis and database administration. Graduates work for insurance groups, financial firms and government agencies, or pursue master's degrees to work as professional statisticians.
Yes. Students complete practical projects in senior seminar, practice in a computer lab dedicated exclusively to statistics majors, intern at organizations like Commerce Bank and T-Mobile and participate in American Statistical Association short courses and regional networking events.
Yes. UCM maintains low tuition rates and offers federal financial aid, grants and loans. Program-specific awards include the Actuarial Science/Statistics Achievement Award and the Peggy Taylor Palmer Actuarial Science Scholarship, accessible via the UCM Scholarship Finder.
Yes. Qualified students can enter the accelerated BS/MS pathway starting in their junior year. This option allows you to combine the BS in Actuarial Science and Statistics with the MS in Mathematics (Actuarial Science and Statistics Option) and graduate with both degrees in five years.
