The specialty of Mathematics and Applied Mathematics in Lanzhou University was established in 1998 according to the revised undergraduate specialty catalogue promulgated by the Ministry of Education. Developed from the original majors of basic mathematics and applied mathematics, it became the construction point of characteristic majors in colleges and universities approved by the Ministry of Education in 2008. At present, it includes operation and control direction, probability statistics and financial engineering. This major has made remarkable achievements in discipline construction and teaching staff construction. It has a complete talent training system from bachelor, master, doctor to postdoctoral, with outstanding scientific research characteristics and professional advantages, strong faculty, rigorous research and extensive research fields.

In addition, the Department of Mathematics of Lanzhou University is a famous major of Lanzhou University, and it is also one of the disciplines to join the Everest Plan. On June 6, 20 19, the Department of Mathematics of Lanzhou University ranked 37th in the world.