University of Minnesota
School of Mathematics
School of Mathematics      / mcfam

MCFAM - Minnesota Center for Financial and Actuarial Mathematics


Photo of Minneapolis by Chris Yunker

Upcoming Events

  • Price Discovery, Volatility Spillovers and Adequacy of Speculation when Spot Prices are Stationary: The Case of U.S. Dairy Markets, April 18, 2014 
  • Hans Leida - Healthcare Reform: Actuarial problems and solutions, April 24, 2014 
  • Martingale Problem under Nonlinear Expectations, April 25, 2014 


Michael Kratochvil

Actuarial Class of 2014
Chicago, IL

I enjoy pursuing a career in actuarial science while at the same time getting my B.S. in Mathematics at one of the best mathematics schools in the country. The U is truly preparing me for a wide range of opportunities. The advising provided by MCFAM has paved the way for entering the working world, providing support for job/internship searches, and techniques for landing the ideal position. The coursework in the program has been helpful for passing the SOA exams, and I like that the program provides the resources to prepare students for the first few exams.

MCFAM is the University of Minnesota’s Center for all Financial and Actuarial programs and initiatives within the College of Science and Engineering's School of Mathematics. We provide students, prospective employers and the overall financial mathematics, actuarial and academic communities the benefit of an interdisciplinary and structured framework that combines faculty and industry expertise in shaping academic, professional and competitive excellence and integrity.

MCFAM Advantage

  • World Renowned Mathematics Faculty
  • Balanced Coursework, Mix of Faculty and Industry Instructors
  • Strong Network of Distinguished Lecturers
  • Collaborative Academic and Industry Relationship
  • Great Employment Opportunities
  • Excellent Career Development Support and Placement
More details on the MCFAM Advantage page.

Our Mission

  • Provide professional mathematics programs, academic and career advancement support that meets regional, national and international best practices.
  • Establish a working environment that enables professional interactions between MCFAM students, academics and members of the financial and actuarial mathematics industry.
  • Promote cross training for well-rounded financial and actuarial mathematics graduates.
  • Encourage industrial research and development to solve ongoing problems in the field and create new products using University developed tools.