Actuarial Science

Measure & mitigate risk.

Actuarial science, a field within insurance and finance, evaluates financial risks through mathematical and statistical methods. It employs probability and statistics to define, analyze and address the financial consequences of uncertain future events. Traditional actuarial science focuses on analyzing mortality, creating life tables and applying compound interest.

Featured Courses

Here is a sampling of a few courses that might pique your interest.

FINC 3000 — Principals of Corporate Finance
Examine corporate finance concepts including capital investment, capital structure, working capital management and financing the firm. Also introduced are bond and stock valuation and the role of global financial markets.
MATH 4510 — Mathematical Statistics
Topics include sample spaces, discrete and continuous probability distributions, independence; conditional probability, properties of distributions of discrete and random variables, moment-generating functions and sampling distribution.

Degree Options

Discover your degrees, minors, concentrations and certification options available for this field of study.

Minor in Actuarial Science
An Actuarial Science minor is an interdisciplinary field and incorporates the disciplines of mathematics, finance, accounting and economics.
Self-designed Major
Design a major to best fit your personality, career goals, and specific educational needs. The self-designed major is a customized major that you design, working closely with appropriate faculty. Create your own actuarial science major.


Our curriculum emphasizes problem solving and critical thinking skills essential to any career (and therefore any Pathway), as well as scientific writing and experimentation skills that may be especially critical to students interested in any of our six Pathways tracks.

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Q&A with Victoria Gorham

Millsaps was a transformative institution for me. I always knew I wanted to teach at a liberal arts college like it when I finished graduate school.

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Millsaps Approves New Majors and Master’s Programs

Millsaps Approves New Majors and Master’s Programs

Keeping with our vision to produce informed, creative-thinking and versatile people who are career-ready, Millsaps College recently expanded its curriculum by approving six new majors for undergraduates and two new master’s degree programs.

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