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Mathematics, MS - Actuarial Science and Statistics Option
Statistics and Actuarial Science Degree - Mathematics MS
* Tuition:
$15,120 | 30 Credit Hours | Finish in as little as 18-24 months
Begin as soon as: January 11, 2027 or May 17, 2027
Why Choose UCM for Your MS in Mathematics - Actuarial Science and Statistics?
The Master of Science in Mathematics - Actuarial Science and Statistics at the University of Central Missouri delivers advanced training in quantitative reasoning, statistical modeling and data analytics. Built for professionals and recent graduates aiming for high-demand careers in risk analysis or data science, this program can be completed in as little as two years.
UCM offers complete learning flexibility: you can take classes in person on the Warrensburg campus or combine on-campus learning with online courses, studying full-time or part-time around your personal schedule. Guided by expert faculty, you will master software tools like R, Python and SAS through a curriculum aligned with guidelines from the American Statistical Association and recognized by the Society of Actuaries (SOA). Whether you want to pass SOA exams, gain corporate internship experience or earn VEE course credits, UCM prepares you to stand out to global employers.
Request Information About UCM's Mathematics MS - Actuarial Science and Statistics Option
UCM's Mathematics MS - Actuarial Science and Statistics Option at a Glance
Degree Type: Master of Science | Credit Hours: 30 Hours
Degree Can be Taken: Warrensburg | Hybrid
- Designated as a Universities and Colleges Actuarial Programs — Advanced Curriculum (UCAP-AC) program by the Society of Actuaries (SOA)
- Prepares students for SOA preliminary exams
- Flexible course options with some classes available online
- Opportunities to connect with and complete internships for industry leaders
ContactPhoebe McLaughlin, PhD Questions after hours? Call/Text Mo, our AI Graduate Recruiter: 660-628-5025
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Explore admissions requirements, learning outcomes, degree requirements, course options and more.
What will you learn in UCM’s MS in Mathematics - Actuarial Science and Statistics?
The curriculum aligns with professional guidelines established by the SOA and the American Statistical Association, pairing rigorous statistical theory with applied data programming.
Core Academic & Technical Topics:
- Probability Models & Mathematical Statistics: Build a rigorous foundation in statistical theory, risk calculations and probability distributions.
- Regression Analysis & Statistical Modeling: Learn advanced regression techniques to evaluate trends and interpret complex data relationships.
- Principles of Data Mining: Discover patterns and predictive indicators within large datasets using automated computational methods.
- Data Programming Languages: Gain practical fluency in leading software for statistical analysis, including R, Python and SAS.
- Actuarial Credential Preparation: Complete coursework approved for SOA Validation by Educational Experience (VEE) topic areas in Economics, Accounting and Finance and Mathematical Statistics required for Associate of the Society of Actuaries (ASA) credentials.
Unique learning opportunities in UCM’s MS in Mathematics - Actuarial Science and Statistics
- On-Campus Computing Labs: Access modern computing facilities equipped with modern statistical software and programming tools.
- Corporate Internships: Earn elective credit while applying statistical models with regional and national corporate partners, including Kansas City Life Insurance Company and T-Mobile (additional fees apply).
- Comprehensive Independent Study: Complete an independent research investigation as a final project to design procedures, analyze results and present conclusions.
- Professional Networking Events: Connect with industry leaders by joining the Kansas-Western Missouri Chapter of the American Statistical Association and participating in STAT-KC: A Career Day in Statistics.
- Student Organizations & Honor Societies: Qualify for membership in Mu Sigma Rho (the national statistics honor society), join The Actuarial Organization (TAO) and participate in UCM's Actuarial Career Fair.
Fast facts about UCM's MS in Mathematics - Actuarial Science and Statistics
- SOA Recognition: UCM is designated as a Universities and Colleges Actuarial Programs — Advanced Curriculum (UCAP-AC) program by the SOA.
- Flexible Learning Formats: Classes available on campus in Warrensburg with select classes available online.
- Exam & Credential Prep: The program prepares students for SOA preliminary exams and fulfills VEE credits in Economics, Accounting and Finance and Mathematical Statistics.
- Personalized Career Support: Faculty program coordinators provide individual academic advising, career planning
and industry networking guidance.
Talk to an Admissions Counselor
Financial Aid and Scholarships for UCM’s MS in Mathematics - Actuarial Science and
Statistics 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 affordable graduate tuition rates and diverse funding resources.
Financial Aid Options & Scholarships:
- Dr. Vince Edmondson Math and Computer Science Scholarship
- H. Keith Stumpff Scholarship
- University Grants, Federal Loans and Graduate Employment Opportunities
Search eligibility details through the UCM Scholarship Finder, then connect with your financial aid advisor to construct your financial plan.
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 MS in Math - Actuarial Science and Statistics Grads
A Master of Science in Mathematics - Actuarial Science and Statistics from UCM equips you for high-ranking positions across insurance, healthcare, technology, finance and government. UCM graduates have gone on to work for prominent organizations, including Bristol Myers Squibb, Cerner Corporation, T-Mobile, PRA Health Sciences, Microsoft, Commerce Bank, Hallmark, the U.S. Department of Energy and the St. Lucie Mets.
Common Career Roles:
- Actuary
- Biostatistician
- Data Analyst
- Business Analyst
- Predictive Analytics Specialist
- Statistician
Apply to UCM's Mathematics MS - Actuarial Science and Statistics Option 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!
Make yourself more marketable.
Gain knowledge and skills in a related area when you consider a UCM graduate certificate in addition to your master’s in Actuarial Science and Statistics degree or by itself:
Explore programs related to actuarial science and statistics.
Advance your knowledge and career while staying true to your passion for numbers and information when you consider these other UCM master’s degrees:
Frequently Asked Questions
You’ll study advanced topics in probability models, mathematical statistics, regression analysis, statistical modeling and data mining. You will also learn programming tools like R, Python and SAS, while completing coursework aligned with SOA exam standards.
Yes, you can take a mix of online and on-campus courses at the Warrensburg campus to fit your schedule, studying either full-time or part-time.
Admission Criteria and Application
To be accepted into this program, a student must have an undergraduate major in mathematics, or coursework equivalent to a UCM major in mathematics, actuarial science or statistics with a minimum grade point average of 3.00 in upper-level mathematics, actuarial science, or statistics courses. A student not meeting these minimum standards may consult the Department of Mathematics, Actuarial Sciences, and Statistics for possible acceptance on a conditional basis.
