Actuarial scientists use mathematics, statistics, computer programming and finance to analyze the financial consequences of insurance risk and loss protection.
“Quants” use advanced mathematical modeling, statistics and computer science to analyze financial markets, price derivatives, manage risk, and support Fintech operations.
Top-notch faculty and alumni network
MCFAM students benefit from faculty and industry practitioners with extensive industry expertise in risk analytics, data science and portfolio optimization within finance and related domains. In addition to collaborating with students on research projects, instructors give students an “inside” view of what is happening in the field today. Students can also tap into a highly supportive alumni network always ready to connect with new generations of students.
Real-world experiences and connections
From financial mathematics modeling workshops to actuarial case competitions, our students have numerous opportunities to get experience working on the latest industry projects and problems—and making valuable connections. The University of Minnesota Actuary Club hosts one of the largest Actuarial Career Fairs in the Upper Midwest.