About the course

Statistics is the science of collecting and analyzing data. Statisticians interact with researchers in all the various disciplines of science, engineering, medicine, social science and business to develop scientifically sound methods in those areas. Most course work in the department is devoted to understanding current methods and the reasoning behind them. A degree in statistics prepares students for careers in industry, government, academia, and research institutes, as well as being excellent preparation for professional programs in medicine, law, business administration and public policy and administration.

　　Actuaries look at current trends, whether they are social, economic, or legal, and determine their financial impact on future events. This requires a broad understanding of the business world and extensive knowledge of mathematics, statistics, and economics. Accurate estimates of these events are crucial for the survival and prosperity of the companies who employ actuaries. Insurance companies need them. Investment firms and companies dealing with employee benefits also need them, just to name a few. Any company looking to place a price tag on financial risk can use a good actuary. There are many career opportunities in the field of actuarial science. Actuaries, because of their extreme importance to the business world, must pass a series of rigorous examinations. The first exam is on probability with insurance applications. Later exams cover aspects which bring statistics and the business world together. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 8 Semester(s)Fees: US$101,564

Intake	Location
Spring (January), 2024	Albuquerque
Summer (June), 2024	Albuquerque
Fall (August), 2024	Albuquerque
Spring (January), 2025	Albuquerque
Summer (June), 2025	Albuquerque
Fall (August), 2025	Albuquerque
Spring (January), 2026	Albuquerque
Summer (June), 2026	Albuquerque

　　

How to apply

Entry requirements for University of New Mexico

Completion of the equivalent of an American upper-secondary school education (approximately 12 years of formal education beginning at age six) as well as the appropriate diplomas or satisfactory results on leaving examinations.

　　Strong academic preparation and a U.S.-equivalent cumulative grade point average of 2.5 on a 4.0 scale

　　IELTS - 6.0, TOEFL iBT - 68 and TOEFL PBT - 520

　　

English language requirements

　　6.0

　　Overall IELTS band score

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　　Practice and prepare

　　TOEFL Internet based overall score: 68.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at University of New Mexico. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

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