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University of Nebraska, Lincoln

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Nebraska

United States

The Bachelor of Science in Actuarial Science at the University of Nebraska, Lincoln, is a highly regarded program that equips students with essential skills and a profound understanding of the actuarial field. This program combines rigorous academic training with practical experiences, ensuring graduates are well-prepared to tackle real-world challenges in various sectors, including finance, insurance, and risk management.

Throughout the course, students will delve into core subjects such as mathematics, statistics, finance, and economics, which are foundational to becoming a successful actuary. The curriculum is meticulously designed to cover fundamental principles as well as advanced topics, allowing students to develop a robust analytical mindset. Courses such as Probability and Statistics, Financial Mathematics, Actuarial Models, and Risk Management form the backbone of the program, while electives provide opportunities to explore specific areas of interest.

The program is taught by a team of experienced faculty members who are recognized as leaders in their fields. They bring a wealth of knowledge and practical insights to the classroom, adopting a hands-on teaching approach that encourages engagement and critical thinking. Through interactive lectures, group projects, and case studies, students not only learn theoretical concepts but also how to apply them in real-world scenarios. The faculty's commitment to student success is evident through their ongoing support and mentorship.

One of the standout features of the Actuarial Science program at the University of Nebraska, Lincoln, is the emphasis on research and practical application. Students have access to cutting-edge resources and facilities that facilitate hands-on learning experiences. Opportunities for research projects allow students to explore innovations within the actuarial field, often collaborating with industry professionals. These experiences enhance their resumes and provide invaluable networking opportunities with potential employers.

Additionally, the University of Nebraska, Lincoln is well-connected with various industries, providing students with ample internship opportunities. Partnerships with leading firms such as Deloitte, EY, and Aon ensure that students can gain practical experience while still enrolled in the program. Internships not only enhance students' understanding of actuarial practices but also significantly improve their employability upon graduation.

Graduating from this program opens up a multitude of career pathways. Actuarial Science graduates are highly sought after and can find opportunities in roles such as Investment Analyst, Risk Analyst, Financial Analyst, and Underwriter. The median base salary for recent graduates is approximately $64,400, with career advancement leading to even more lucrative positions. The program's alumni have successfully transitioned into high-impact roles across various sectors, thanks to the solid foundation provided during their studies.

The University of Nebraska, Lincoln takes pride in its strong alumni network. Many former students have shared their success stories, citing the program as crucial to their career development. Alumni regularly return to offer insights and mentorship to current students, fostering a community of support and collaboration that strengthens the program's reputation.

Unique aspects of the Bachelor of Science in Actuarial Science at the University of Nebraska, Lincoln include the program’s accessibility and commitment to diversity. The program actively encourages international students and provides them with a welcoming environment. With a student diversity rate of about 7.4%, students benefit from a multicultural learning environment that enriches their educational experience.

Admission to this prestigious program requires a strong academic background in relevant subjects such as mathematics, statistics, and computer science. Prospective students must have a minimum GPA of 3.0 and are encouraged to submit SAT or ACT scores along with letters of recommendation from academic references. Additionally, students are expected to take actuarial exams P and FM, demonstrating their commitment to the profession.

Why Study Actuarial Science at the University of Nebraska, Lincoln

  • Renowned faculty with extensive industry experience offer personalized mentorship and teaching.
  • Comprehensive curriculum that covers foundational and advanced topics necessary for success in actuarial careers.
  • Access to state-of-the-art resources and facilities for hands-on learning experiences.
  • Strong industry connections providing a plethora of internship and job opportunities post-graduation.
  • An inclusive environment that values diversity and fosters collaboration among students from various backgrounds.
  • A thriving alumni network that actively supports current students through mentoring and job placements.

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Duration

48 Months

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Median Salary

$64,400

Ranking

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#409

US World and News Report

Class Profile

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Class Size

100

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Average Age

22

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Average Work Experience

0 Years

Diversity

White:

70%

Asian:

5%

Two or more races:

5%

Black or African American:

10%

Hispanic or Latino:

8%

American Indian or Alaska Native:

1%

Career Outcomes

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Median Earnings After Graduation

$64,400 / year

Prospective Job Roles

Investment Analyst

Operations Analyst

Financial Analyst

Quantitative Analyst

Risk Analyst

Data Scientist

Business Analyst

Underwriter

Actuary

Insurance Analyst

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    70

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  • IELTS

    6

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$30,840 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Nebraska-Lincoln offers a variety of scholarships for students majoring in actuarial science. These scholarships are based on academic merit, financial need, and extracurricular activities. Some of the most popular scholarships include the Nebraska Actuarial Science Scholarship, the Nebraska Actuarial Science Club Scholarship, and the Nebraska Actuarial Science Department Scholarship.
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    Nebraska Actuarial Science Scholarship

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    Nebraska Actuarial Science Club Scholarship

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    Nebraska Actuarial Science Department Scholarship

FAQs

  • A student can complete Actuarial Science at University of Nebraska, Lincoln with in 48.

  • The application fee to pursue Actuarial Science at University of Nebraska, Lincoln is USD 45 for international students.

  • The annual tuition fee to pursue Actuarial Science at University of Nebraska, Lincoln is USD 30840.

  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Nebraska, Lincoln. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Nebraska, Lincoln requirements before submitting a score.

  • Actuarial Science can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of University of Nebraska, Lincoln, they can easily pursue Actuarial Science. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at University of Nebraska, Lincoln can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Nebraska, Lincoln website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at University of Nebraska, Lincoln by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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