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. 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.
Career Path
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.
Middle Tennessee State University will accept, for the purposes of meeting the English proficiency requirement, English taken in 12-year education, or English is designated as the primary and official language and the principle language of instruction. If you do not meet the English language requirements yet, you can achieve the level you need by successfully completing a pre-sessional English programme with the university or submit
1. English language proficiency at a minimum of IELTS band 6.5 (or equivalent) or PTE Score or Duolingo English Test score before you start your course.
