Actuarial Mathematics Track

Prepare for a career as an actuary

Actuarial mathematics is the science of evaluating the likelihood of future events and managing risk.

By studying actuarial science at Missouri State University, students can prepare for their actuarial exams and also get experience working in risk management. Because of the diversity of the University’s mathematics program, students pursuing actuarial mathematics can get exposure to other types of mathematics. This can help you become a better critical thinker as well as prepare you for advanced studies or the job market.

Actuaries often work for insurance firms or other agencies that focus on calculating risk. Students may pair this degree track with a minor in risk management and insurance.

Within this track, math majors must take MTH 450 (Theory of Interest) and MTH 541 (Statistical Theory II). They must also select an additional six hours from the following courses:

  • MTH 543 Stochastic Modeling
  • MTH 546 Analysis of Variance and Design of Experiments
  • MTH 547 Applied Regression Analysis
  • MTH 548 Applied Time Series Analysis

A Teacher Presents to the Class