Detailed Program Facts

Application Fee

  Application Fee: CAD 40 FREE

Tuition Fee

 CAD 30,008 per year

*Note: The fee is approximate and is subject to change

Living Cost in University of Missouri-St. Louis

  CAD 15,350 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

• IELTS
  • Minimum Overall Score - 5.5
• TOEFL
  • Minimum Overall Score - 61
• PTE
  • Minimum Overall Score - 44.0  
• DUOLINGO
  • Minimum Overall Score - 85.0  

• Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma.

• Minimum CGPA Required: 58.00 %

Additional Information

Outcomes and Career Outlook
Upon completion of the program, graduates will be able to use basic programming techniques in actuarial applications; understand the fundamental concepts of financial mathematics and how those concepts are applied in present and accumulated values for various streams of cash flow; develop the fundamental probability tools for quantitatively assessing risk; use the concepts of statistical inference, such as estimation and hypothesis testing, required for actuarial modeling; use regression models to analyze and forecast time series data; use economic reasoning to explain individual decision-making and economy-wide outcomes; understand and apply accounting concepts and knowledge of financial instruments and how they are utilized; and develop knowledge of the theoretical basis of actuarial models and the application of those models to insurance and other financial risks.

Scholarships

Freshmen should apply for FAFSA (Free Application For Federal Student Aid) by February 1st.  It is preferable to file your FAFSA as early as possible for priority consideration for all scholarships and state grants.

Undergraduate Students are eligible for:

• Federal Grants
• State Grants
• Federal Work Study
• Federal Stafford Loans
• Federal PLUS Loans

Also be sure to check for any relevant scholarships.  Freshman applying for scholarships should complete the UMSL scholarship application by January 1st and the FAFSA by February 1st. Students must be admitted to UMSL for scholarship consideration. 

In general International Students are not eligible for scholarships. There are a select few scholarships for which International Students may apply and they can do so by submitting the online scholarship application.  Students should also contact the departments of their majors to learn about opportunities there. 

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

1. Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
2. Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
3. 24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.