MANAGE RISK WITH A DEGREE IN ACTUARIAL SCIENCE
This analytical program combines the knowledge of economics, finance, mathematics and statistics. Offered as a major in both the College of Business and College of Arts and Sciences, the coursework prepares you to pass professional actuarial examinations and is approved for the actuarial profession’s Validation by Educational Experience (VEE) program.

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A Center of Actuarial Excellence
Established in 1957, our actuarial science program has earned a national reputation as one of the best in the country. Nebraska was in the first group of schools selected as a Center of Excellence by the Society of Actuaries and is now one of 33 universities in the world with a CAE designation.
Coursework
Based in the Department of Finance in the College of Business, the degree is offered in two colleges. When choosing a college, you should think about what other interests you have, the general requirements of the college and the scholarships and financial aid available.

Major Through College of Business

The coursework within this college introduces you to varying business disciplines and helps you build your strengths to become a confident, professional and polished graduate.

For this major, you’ll complete a calculus sequence (MATH 106-107-208, or 108H-109H or the equivalent) and a statistics and probability sequence (STAT 380-462-463 and CSCE 101 and 101L). In addition to the Business Core Foundation, 28 credit hours of coursework in actuarial science are required.

Required courses:
ACTS 430 – Actuarial Applications of Applied Statistics
ACTS 440 – Interest Theory
ACTS 470 – Life Contingencies I
ACTS 471 – Life Contingencies II
ACTS 473 – Introduction to Risk Theory
ACTS 475 – Actuarial Applications in Practices
FINA 338 – Principles of Corporate Risk Management
FINA 363 – Investment Principles

Choose at least one of the following:
ACTS 410 – Introduction to Credibility, Smoothing of Data and Simulation
ACTS 425 – Survival Models
ACTS 450 – Stochastic Processes for Actuaries
FINA 467 – Options, Futures and Derivative Securities

We encourage you to take:
ACTS 401 and ACTS 402 - Actuarial Science Problem Labs
ACTS 441 – Introduction to Financial Economics
ACTS 474 – Introduction to Property/Casualty Actuarial Science
MATH 314 – Linear Algebra
MATH 221 – Differential Equation
At least one of FINA 412, FINA 420, FINA 438 or ECON 413

Earn a Finance Minor
As an actuarial science student in the College of Business, you can double count your finance courses towards a finance minor.

*Note: All coursework for the actuarial science major must be taken for a grade.

ACTUARIAL SCIENCE (BUSINESS) COURSE CATALOG

ACTUARIAL SCIENCE (BUSINESS) FOUR YEAR PLAN

FINANCE MINOR

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Major Through College of Arts and Sciences

General requirements for this college include a mixture of courses within the liberal arts degree. You’ll develop diverse perspectives and gain the ability to learn in a variety of ways.

This major includes a complete calculus sequence (MATH 106-107-208, or 108H-109H or the equivalent) and a statistics and probability sequence (STAT 380-462-463). Unlike the College of Business, 22 credit hours of coursework in actuarial science are required and you will not need to take CSCE 101 and 101L.

We encourage you to take the following courses:
ACTS 430 – Actuarial Applications of Applied Statistics
ACTS 440 – Interest Theory
ACTS 470 – Life Contingencies I
ACTS 471 – Life Contingencies II
ACTS 473 – Introduction to Risk Theory
ACTS 475 – Actuarial Applications in Practices

Choose at least one of the following:
ACTS 410 – Introduction to Credibility, Smoothing of Data and Simulation
ACTS 425 – Survival Models
ACTS 450 – Stochastic Processes for Actuaries
FINA 467 – Options, Futures and Derivative Securities

*Note: All coursework for the actuarial science major must be taken for a grade.

Actuarial Science (CAS) Course Catalog

Actuarial Science (CAS) Four Year Plan

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Actuarial Science as a Minor

To earn a minor in actuarial science, you’ll need to complete a calculus sequence (Math 106-107-208, or 108H-109H or the equivalent) and all prerequisites. From there, requirements differ between colleges.

Minor Requirements (CAS)

The minor in the College of Arts and Sciences consists of at least 15 credit hours of actuarial science courses (12 credit hours for double majors only). The following courses must be included: ACTS 440, 470 and 473.

Minor Requirements (Business)

Within this college, you’ll complete 12 credit hours of coursework in actuarial science. We suggest the following: ACTS 440, 441, 470 and 474.

Explore Minor (CAS)

Explore Minor (Business)

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Conquer Your
Professional Exams

Our program prepares you for success and rewards you for passing.
Along with VEE approval for economics, corporate finance and applied statistics, coursework covers learning objectives for six exams. Thanks to generous donations, we’ll reimburse you for every exam you pass as a student.

Get The Experience You Need
From day one, you can join the Actuarial Science Club to learn more about the profession, prepare for professional exams and make friends in our close-knit community. You can also join many of the other organizations on campus to develop leadership skills and expand your network. To gain valuable on-the-job experience, obtain actuarial employment part-time during the school year with local insurance companies or full-time during the summer with employers from around the U.S.

ACTUARIAL SCIENCE CLUB VIEW JOBS/INTERNSHIPS ON HANDSHAKE

We’ll Help You Succeed
Find the financial support you need through scholarships available exclusively for actuarial science students, university-wide scholarships and over $550,000 awarded annually by the College of Business. For free help achieving academic excellence, visit our actuarial science tutors within the Department of Finance or the Teaching and Learning Center at the College of Business.

SCHOLARSHIPS AND AID TEACHING AND LEARNING CENTER

Undergraduate Academic Advisors

Advisors for all actuarial science majors are assigned as follows:

Arts and Sciences students last names begin with A – M and Raikes: Sue Vagts
Arts and Sciences students last names begin with N – Z and Honors Academy: Heather Clemens
Business students last names begin with A – I: Cindy (Di) Xu
Business students last names begin with J through R: Mostafa Mashayekhi
Business students last names begin with S through Z: Shengchao Zhuang

Vagts, Sue
Director
HLH 415 B
402-472-1964
Mashayekhi, Mostafa
Associate Professor
HLH 423 G
402-472-0715
Clemens, Heather
Assistant Director
HLH 415 C
402-472-1981
Xu, Cindy
Assistant Professor
HLH 423 F
402-472-2634
Zhuang, Shengchao
Assistant Professor
HLH 423 K
402-472-2330
Ready to Secure Your Future?

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Contact

Vagts, Sue
Director
HLH 415 B
P.O. Box 880490
Lincoln, NE 68588-0490
402-472-1964