Overview
The Actuarial Sciences M.Sc. at Middle Tennessee State University is a specialised postgraduate programme designed to equip students with the analytical tools required to evaluate uncertain future events. By integrating rigorous probability theory with practical statistical analysis, the curriculum prepares graduates to solve complex problems within the insurance and pension sectors. This professional degree emphasises the application of mathematical skills to real-world financial risk management.
Why Actuarial Sciences at Middle Tennessee State University?
The programme is nationally and internationally recognised, holding the prestigious status of a Society of Actuaries Center of Actuarial Excellence. It has also received the University Award from the Casualty Actuarial Society, highlighting its standing as a premier training ground in the southeastern United States. Students benefit from a curriculum listed as a UCAP advanced programme, ensuring they are well-prepared for professional actuarial examinations.
A distinctive feature of this degree is the replacement of a traditional master's thesis with a professional internship. This practical approach allows students to gain direct industry experience while completing their studies. The university's strong reputation ensures that the programme is viewed as a high-quality pathway into a business career with a firm mathematical foundation.
Tuition Fee Breakdown
- International fee: USD 20940 per year
- National fee: USD 20940 per year
- Local fee: USD 8292 per year
Visit the Fees and Funding section for a breakdown in your local currency.
Syllabus
The curriculum focuses on the intersection of mathematics, finance, and risk assessment. Modules may include:
- Actuarial Science
- Probability Theory
- Statistical Analysis
- Risk Management
- Financial Mathematics
- Mathematical Sciences
Careers with Actuarial Sciences
Graduates are highly sought after for roles that involve predicting future outcomes and protecting organisations from financial loss. The specialised training provided by the university positions alumni for success in traditional insurance and healthcare industries, as well as in consulting and financial services. The profession is noted for its strong employment outlook and high median salaries.
Common career paths for graduates include:
- Actuarial Analyst
- Risk Manager
- Data Analyst
- Investment Researcher
- Annuity Pricing Actuary
- Financial Actuary
- Health Actuary
Alumni from the university have secured positions at prominent organisations such as Aetna, Blue Cross Blue Shield of Tennessee, State Farm Insurance, and Cigna. Graduates also find opportunities in government agencies, investment firms, and large corporate employee benefits departments, where they manage diverse financial risks ranging from climate change impacts to social policy evaluation.
Programme Structure
Courses include:
- Mathematics of Corporate Finance
- Mathematics of Compound Interest
- Mathematics of Interest Theory, Economics, and Finance
- Rate Making and Loss Reserving
- Loss Models
- Predictive Analysis
- Problems in Actuarial Science
- Data Understanding
- Data Exploration
Key information
Duration
- Full-time
- 12 months
Start dates & application deadlines
- Starting
- Apply before , International
-
- Starting
- Apply before , International
-
Language
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Credits
Delivered
Campus Location
- Murfreesboro, United States
Disciplines
Mathematics Statistics Actuarial Science View 79 other Masters in Actuarial Science in United StatesWhat students do after studying
Academic requirements
English requirements
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Other requirements
General requirements
- Submit an online application for admission
- Pay $35 nonrefundable application fee
- Provide a copy of valid passport.
- Order a course-by-course evaluation of transcript(s) from institutions outside the United States by an acceptable evaluation service.
- Order official transcripts certifying coursework from each United States college or university attended with the exception of MTSU.
- Provide contact details for recommenders, supplemental applications, official test scores, resumes, portfolios, and other items as required by the graduate program
Tuition Fees
-
International Applies to you
Applies to youNon-residents20940 USD / year≈ 20940 USD / year - Out-of-State20940 USD / year≈ 20940 USD / year
-
Domestic
Applies to youIn-State8292 USD / year≈ 8292 USD / year
Living costs
Murfreesboro
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Actuarial Sciences.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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