May 16, 2026  
2026-2027 Graduate Catalog 
    
2026-2027 Graduate Catalog

Mathematics, Actuarial and Financial Mathematics Concentration, M.S.


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Vajira Manathunga, Program Director
(615) 898-5763
Vajira.Manathunga@mtsu.edu

The Master of Science in Mathematics with a concentration in Actuarial and Financial Mathematics includes examination, thesis, and internship options. Students electing the examination option must successfully complete a written comprehensive examination, which may be taken no more than twice. Students electing the internship option must enroll in 3 hours of internship in actuarial science (ACSI 6910). Students electing the thesis option must enroll in at least 3 hours of Thesis Research (MATH 6640) and publish a thesis with the graduate school. The examination and internship options require completion of 36 credit hours. The thesis option requires completion of 36-42 credit hours. In addition, at most thirty percent of the total credit hours in the program may be at the 5000-level, and no more than two special problems courses can apply toward the degree.

Admission Requirements


Admission requires, among other things, transcripts of all previous college coursework and a statement of professional goals. The transcript and statement are weighted heavily in determining admission.

Applicant must

  1. have earned a bachelor’s degree from an accredited university or college;
  2. meet minimal GPA requirements for admission to the College of Graduate Studies; see requirements at http://mtsu.edu/graduate/apply;
  3. have completed 21 semester hours of college-level mathematics (including calculus) with at least 9 hours of mathematics beyond calculus.

Application Procedures


All application materials are to be submitted to the College of Graduate Studies.

Applicant must

  1. submit application with the appropriate application fee (online at http://mtsu.edu/graduate/apply). Once this initial application has been accepted, the applicant will receive directions on how to enter the graduate portal and complete the application process.
  2. submit official transcripts of all previous college work;
  3. have two professional references to submit both a recommendation form and a recommendation letter to the application system. At least one reference must have served as the applicant’s instructor. Applicants interested in teaching or obtaining a graduate teaching assistantship should ensure one reference speaks to their potential to teach. 
  4. provide a statement using 500 words or less describing professional goals and how this program would help to meet those goals.

Degree Requirements


The Master of Science in Mathematics with a concentration in Actuarial and Financial Mathematics requires completion of 36 semester hours (examination and internship option) or 36-42 semester hours (thesis option).

Candidate must

  1. participate in the graduate seminar and give an oral presentation of an approved topic;
  2. 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. In addition, a maximum of 9 hours of thesis research may be required to fulfill degree requirements.

Examination Option (36 hours)


Required Core Courses (9 hours)

Comprehensive Examination

Candidates must successfully complete a written comprehensive examination which may be taken no more than twice.

Internship Option (36 hours)


Required Core Courses (9 hours)

At least 6 credit hours from the following:

Internship (3 hours)

  • 3 credit hours
  • For 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.

Elective Concentration Courses (15 hours)

15 credit hours approved by advisor. Courses should be chosen from the following:

Thesis Option (36-42 hours)


Required Core Courses (9 hours)

At least 6 credit hours from the following:

Thesis (3-9 hours)

Elective Concentration Courses (15 hours)

15 credit hours approved by advisor. Courses should be chosen from the following:

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