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Actuarial Science, B.S.



What will I learn?

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 include

Actuarial analyst

Actuarial auditor

Annuity pricing actuary

Chief actuary / vice president

Consulting actuary

Data analyst

Financial actuary

General liability actuary

Health actuary

Investment researcher

Investment valuation analyst

Life reinsurance pricing analyst

Life valuation analyst

Model validation financial actuary

Mortality valuation analyst

Product actuary

Risk and hedging analyst

Risk management analyst

Which department am I in?

College of Basic and Applied Sciences

Study options

Full Time (120 hours)

Tuition fees
US$29,144.00 per year

*Price shown is for indicative purposes, please check with institution

Application deadline

Expected July, November 2023

Start date

17 January 2023, 28 August 2023


Middle Tennessee State University

1301 East Main Street,



37132, United States

Entry requirements

For students from United States

Students must have official high school or university transcripts must be mailed directly from your high school or university to MTSU.

For international students

Students must have official high school or university transcripts must be mailed directly from your high school or university to MTSU.

English proficiency scores:

IELTS score of 5.5 or above

TOEFL iBT score of 61 or above (Computer-based 173 or above or paper-based 500 or above. The MTSU institution code is 1466.)

Duolingo English Test with a score of 85 or above.

iTEP score of 3.5 or above.

The ELS completion certificate of level 110

*There may be different IELTS requirements depending on your chosen course.


About Middle Tennessee State University

MTSU’s friendly student community consists of students from over 50 countries, with support services making sure everyone feels welcome and secure.

  • 180+ degree programs available for undergraduates
  • Over USD 1 billion in campus investment in recent years
  • Dedicated international support with a thriving community
  • More than 200 student organizations to join

Get in touch