Actuarial Science

Graduate Degree Program Summary

Graduate degrees offered


  • M.S.
Promo image for Actuarial Science

Contacts for Actuarial Science

Graduate Chair

Professor Colin Ramsay

For questions regarding the program:

Kathy Mellick


For questions regarding the admission process:

CBA Graduate Advising Office


Campus Address

210 CBA

Lincoln NE 68588-0490

Application checklist and deadlines

Required by the Office of Graduate Studies

See also: steps to admission.

Required by Actuarial Science in GAMES

After you apply, allow one business day for us to establish your access to GAMES, where you'll complete these departmental requirements:

  • Entrance exam(s): GMAT
  • Minimum English proficiency: Paper TOEFL 550, Internet TOEFL 80, IELTS 6.5
  • Three recommendation letters
  • Statement of goals and objectives
  • Curriculum vitae or resume
  • Any SOA exams passed

When sending GRE or TOEFL scores, UNL's institution code is 6877 and a department code is not needed.

Application Deadlines for Actuarial Science
For Priority ConsiderationFall: March 1 Spring: September 1
Domestic applicantsFall: July 1 Spring: November 1
International applicantsFall: March 1 Spring: September 1


The actuarial science program provides opportunities for students seeking employment in the areas of life insurance, pensions, and property or casualty insurance. The program has produced actuaries in the United States, Canada, and over a dozen other countries.

The program is available for students who have a strong aptitude for mathematics as well as a solid mathematical preparation, including calculus and mathematical statistics. Many successful students, however, have backgrounds in education or in other non-mathematical fields.

The degree requires a minimum of 36 hours without a thesis. At least nine hours must be in a minor area such as computer science, insurance, finance, statistics, or economics. Students are encouraged to take as many classes as possible in finance and insurance and to join the Actuarial Science Club. The club provides students with a better understanding of the actuarial profession, assists in preparing for the professional actuarial examinations, and fosters close relationships among students in the common pursuit of an career in actuarial science.

Courses and More

Students in Actuarial Science are most likely to take courses in: See also: Course Catalog in the Graduate Bulletin.

Students will work with an advisor to create a Program of Studies or Memorandum of Courses during the first half of their coursework.

Faculty and research

Heather Clemens
Theory of Interest; Principles of Insurance; Life & Health Insurance
Mostafa Mashayekhi
Bayes Decision Theory; Credibility Theory; Survival Models; Stochastic Calculus in Actuarial Mathematics
Colin Ramsay
Risk Theory; Pensions; Health and Disability Insurance; and Micro-Insurance
Tianxiang Shi
Risk Theory; Ruin Theory; Aggregate Claims; Stochastic Modeling in Insurance and Finance
Susan Vagts
Theory of Interest; Principles of Insurance

Departments: Have an update for this page? Contact Stacy Dam.

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