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Nebraska Ranked No. 8 in World, No. 5 in North America

University Releases Global Research Actuarial Science and Risk Management & Insurance Rankings
Nebraska Ranked No. 8 in World, No. 5 in North America
The 2024 University of Nebraska–Lincoln Global Research Rankings of Actuarial Science and Risk Management & Insurance™ were released by the College of Business. Nebraska Ranked No. 8 in World, No. 5 in North America.

The University of Nebraska–Lincoln ranks No. 8 in the world and No. 5 in North America in its latest University of Nebraska–Lincoln Global Research Rankings of Actuarial Science and Risk Management & Insurance™ released at the College of Business. 

Yijia Lin, V.J. Skutt Distinguished Professor and professor of finance, led the development of the first-of-its-kind ranking and compiled the rankings database with faculty, staff and students at Nebraska. Privately funded by Ameritas, a nationwide leader in insurance and financial strategies with headquarters in Lincoln, the ranking first debuted in 2019. 

“This reputable ranking provides a benchmark to universities and faculty members for measuring their progress in making research contributions. It promotes and elevates the highest level of actuarial science and RMI research throughout the world,” said Lin. “Rankings are provided for the top 20 North American and the top 50 worldwide business and non-business schools, respectively, according to the cumulative number of their respective faculties’ publications in the five top-tier actuarial and RMI journals.” 

New South Wales Business School in Australia remained No. 1 in the world. Rounding out the top eight business schools in the global actuarial science and risk management and insurance (RMI) ranking included: University of Wisconsin-Madison (No. 2), Macquarie University in Australia (No. 3), Temple University (No. 4 tie), University of St. Galen in Switzerland (No. 4 tie), University of Georgia (No. 6), Florida State University (No. 7) and University of Nebraska–Lincoln (No. 8). 

In the North American actuarial science and RMI ranking for business schools, the University of Wisconsin-Madison ranked first followed by Temple University (No. 2), University of Georgia (No. 3), Florida State University (No. 4), University of Nebraska–Lincoln (No. 5), St. John's University in New York (No. 6) and University of Mississippi at Oxford (No. 7), and Pennsylvania State University at University Park (No. 8).  

Nebraska compiles the rankings from a database of faculty research published in five leading peer-reviewed actuarial science and RMI journals: Journal of Risk and Insurance (JRI), Insurance: Mathematics and Economics (IME), North American Actuarial Journal (NAAJ), ASTIN Bulletin: The Journal of the International Actuarial Association (ASTIN) and Scandinavian Actuarial Journal (SAJ). The ranking measures the research productivity of authors and their university affiliations. Separate rankings are calculated for programs housed within business schools and those not part of business schools. 

The current rankings are based on articles published from 2019 to 2023. The database can be searched by journal, university and author. It also provides the ability to compare research productivity based on institutions' faculty counts with the per capita rankings feature. 

The methodology for the rankings follows what was adopted by the Naveen Jindal School of Management at the University of Texas at Dallas for ranking schools in leading business journals. Data used to compile the rankings dates from 1990 for the JRI, IME, ASTIN and SAJ, and from 1997, the inaugural year for the NAAJ. 

The complete list of rankings, detailed methodology and searchable database can be found at: https://go.unl.edu/actsciRMIranking

Published: May 23, 2024