Mathematics
Gain deep mathematical expertise for a rewarding actuarial career in finance and business.
Mathematics, Actuarial and Financial Mathematics Concentration, M.S.
The Actuarial and Financial Mathematics concentration of the Master of Science in Mathematics in the College of Basic and Applied Sciences provides students with a deep and comprehensive foundation in advanced mathematics at the Master's level.
The concentration in Actuarial and Financial Mathematics (AFM) trains students in a specialized field that combines mathematical models and financial theories to measure uncertainties and help businesses, financial institutions, insurance, and investors make informed decisions.
The Actuarial Science program at MTSU is nationally and internationally recognized as one of the best in the southeastern region of the USA. The program won the 2020 University Award from the Casualty Actuarial Society (CAS) and has been listed as a UCAP advanced program by the Society of Actuaries (SOA).
As the technical sophistication of most professions increases, there is a growing need for individuals capable of "speaking the language" of mathematics. Mathematicians increasingly are sought to probe and expand mathematical theory, as engineering and empirical science delve deeper into nature. Individuals also are needed to teach math skills that have expanded into virtually every field.
MTSU's Master of Science in Mathematics gets students involved in both the understanding and creation of advanced mathematics through quality instruction, opportunities for research, and close faculty-student interaction.
News Briefs
Major organization recognizes MTSU as ‘Center of Actuarial Excellence’
Middle Tennessee State University mathematical sciences professor Don Hong has been waiting years for this news: MTSU recognized as a Society of Actuaries Center of Actuarial Excellence.[ Read More ]
News Briefs
Major organization recognizes MTSU as ‘Center of Actuarial Excellence’
Middle Tennessee State University mathematical sciences professor Don Hong has been waiting years for this news: MTSU recognized as a Society of Actuaries Center of Actuarial Excellence.[ Read More ]
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Mathematics, Actuarial and Financial Mathematics Concentration, M.S.
Graduates with a concentration in actuarial and financial mathematics are in high demand in the insurance and financial industries, as they have the skills and knowledge to analyze and solve complex actuarial and financial problems. In addition to traditional roles in banking and finance, actuarial and financial mathematicians are also in demand in the insurance, investment, pension, and risk management industries. They may also work in government and academia, as well as in roles related to data science and machine learning. Overall, the demand for financial mathematicians is expected to remain strong in the future.
A majority of M.S. in Mathematics graduates pursue doctoral degrees. Many of our graduates go on to obtain a Ph.D. in mathematics; others enter MTSU’s Computational and Data Science (COMS) or Mathematics and Science Education (MSE) Ph.D. programs.
Pure and Applied Mathematics concentration graduates pursue a variety of career paths. Many of these graduates go on to obtain doctoral degrees and a majority build careers in academics and/or mathematical research. Other graduates pursue careers in applied industry where they often work as data analyst. Finally, some graduates build careers in seemingly unrelated fields where they heavily utilize the advanced problem-solving skills they learned as mathematicians.
Mathematics Education concentration graduates often continue teaching at secondary and early tertiary levels. The advanced credentials and subject knowledge gained through this program enable these graduates to teach high school courses with increased mathematical rigor, transition to community college teaching, and teach dual enrollment courses. Other graduates of this concentration go on to pursue doctoral degrees in mathematics education and build careers in academia and research.
Actuarial and Financial Mathematics concentration graduates often begin careers as actuaries immediately upon graduation. Indeed, these students typically pass multiple actuarial exams prior to graduation and frequently find employment at their internship site. Other graduates from this concentration go on to pursue doctoral degrees in financial/actuarial mathematics and related fields such as computational and data science.
Select doctoral programs accepting our recent M.S. in Mathematics graduates:
- Middle Tennessee State University
- University of Wisconsin
- University of South Carolina
- Baylor University
- University of Denver
- Iowa State
- University of Toronto
- Virginia Tech
- University of Florida
- Central University China
- Binghampton University
- University of Tennessee-Knoxville
- Northwestern University
- Waterloo University
- University of Auckland
MTSU’s Career Development Center
MTSU offers a comprehensive Career Development Center that serves students throughout the full student experience and beyond. They collaborate with faculty and staff to equip students with the tools to be marketable to the world of work and continuing education.
Students can schedule an appointment or check online resources and job boards at mtsu.edu/career.
Students can find current internship opportunities by talking to faculty and visiting the University job and internship board called Handshake .
Wondering what you can do with your major? Check out our What Can I Do with A Major In guides.
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