Bachelor of Science in Actuarial Science

Middle Tennessee State University

Students interested in combining mathematics and business coursework for an Actuarial Science degree can pursue a newly emerging career with well-paying jobs in high demand. This special discipline trains students to apply mathematical skills and statistical techniques to manage risks and solve problems in insurance and pension programs. MTSU is the only university in Tennessee that offers actuarial science coursework for both undergraduate and graduate degrees. The program, founded at MTSU in 1987, now has been elevated from an undergraduate concentration to a major. Actuarial Science majors take courses in mathematics, statistics, economics, and insurance designed to help prepare for preliminary examinations from the actuarial professional societies and to succeed in the field. MTSU students also have opportunities to interact with industry professionals and to earn scholarships and internships.A career as an actuary is better described as a ''business" career with a mathematical basis rather than as a ''technical" mathematical career. The occupation of actuary has been ranked for many years as one of the best jobs based on a variety of factors. Actuaries may work for insurance companies, consulting firms, government, employee benefit departments of large corporations, hospitals, banks and investment firms, or more generally, in businesses that need to manage financial risk. Examples of potential positions includeActuarial analystActuarial auditorAnnuity pricing actuaryChief actuary / vice presidentConsulting actuaryData analystFinancial actuaryGeneral liability actuaryHealth actuaryInvestment researcherInvestment valuation analystLife reinsurance pricing analystLife valuation analystModel validation financial actuaryMortality valuation analystProduct actuaryRisk and hedging analystRisk management analyst

College of Basic and Applied Sciences