Sep 23, 2023
Don Hong, Program Director
The Actuarial and Financial Mathematics concentration is for students who need specialized training in actuarial and financial mathematics as well as internship experience.
Please see undergraduate catalog for information regarding undergraduate programs.
Admission normally requires completion of the GRE or MAT with acceptable scores. Successful applicants typically have combined GRE scores of 291 or above or MAT scores of 402 or greater.
- have earned a bachelor’s degree from an accredited university or college;
- have an acceptable grade point average for all college work taken;
- have completed 21 semester hours of college-level mathematics (including calculus) with at least 9 hours of mathematics beyond calculus.
All application materials are to be submitted to the College of Graduate Studies.
- submit application with the appropriate application fee (online at www.mtsu.edu/graduate/apply.php). Once this initial application has been accepted, the applicant will receive directions on how to enter the graduate portal to be able to submit other materials.
- submit official scores on the GRE or MAT;
- submit official transcripts of all previous college work;
- two letters of recommendation are also recommended, but not required.
The Master of Science in Mathematics with a concentration in Actuarial and Financial Mathematics requires completion of a minimum of 36 semester hours.
- participate in the graduate seminar and give an oral presentation of an approved topic;
- successfully complete a master’s thesis or engage in internship or a written comprehensive examination (may be taken no more than twice).
Curriculum: Mathematics, Actuarial and Financial Mathematics
The following illustrates the minimum coursework requirements.
Required Core Courses (9 hours)
Required Concentration Courses (9 hours)
Students may opt in a thesis or internship option. Students who write a master’s thesis (MATH 6640 ) or engage in an internship (ACSI 6910 ) may substitute one math core course by one of the following data analysis and programming courses in order to prepare them for thesis research or internship working.
For the thesis option, students should enroll in MATH 6640 for at least 3 credit hours.
For the internship credits to be awarded, the location must be approved by the faculty advisor and the internship work must be related to actuarial science. Students must keep a portfolio during the internship and do a presentation upon completion of the internship.
Comprehensive exam will be waived if students write a master’s thesis or engage in an internship.
Elective Concentration Courses (12-18 hours)
12-18 hours approved by advisor. Courses should be chosen from the following list of courses: