Graduate Degree Program Summary
Graduate programs offered
Earn a Graduate Degree
- MS in Actuarial Science (36 cr, Option II only)
Online and Distance OpportunitiesSome online coursework may be available for your program; contact dept. for details.
Contacts for Actuarial Science
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On the Web
Professor Colin Ramsay
For questions regarding the program:
For questions regarding the admission process:
CBA Graduate Advising Office
Lincoln NE 68588-0490
Application checklist and deadlines
1. Required by Graduate Studies
Submit these items as part of the standard steps to admission.
2. Required by Actuarial Science
After you apply, allow one business day for us to set up your access so you can complete these requirements via MyRED.
- 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, Nebraska's institution code is 6877 and a department code is not needed.
Application Deadlines for Actuarial Science
- For Priority Consideration: March 1 for Fall. September 1 for Spring.
- Domestic applicants: July 1 for Fall. November 1 for Spring.
- International applicants: March 1 for Fall. September 1 for Spring.
Application/admission is for entry in a specific term and year. Our academic year is divided into 3 terms: Fall (August-December), Spring (January-May), and Summer (multiple sessions May-August). Some programs accept new students only in certain terms and/or years; if your desired entry term isn't mentioned here, you may want to consult the department for clarification.
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.
Faculty and research
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Household Finance; Corporate Finance; Behavioral Finance; Tax; Real Estate
Theory of Interest; Principles of Insurance; Life & Health Insurance
Mortality Modeling and Forecasting; Mortality-Linked Security Pricing; Mortality/Longevity Risk Measurement and Management; Structural Time Series
Bayes Decision Theory; Credibility Theory; Survival Models; Stochastic Calculus in Actuarial Mathematics
Risk Theory; Pensions; Health and Disability Insurance; and Micro-Insurance
Theory of Interest; Principles of Insurance
Securities Markets; Empirical Asset Pricing; Corporate Finance
Risk Theory; Queueing Theory, Distributional Analysis of Risks; Modeling Dependency in Insurance Portfolios; Catastrophe Risk Analysis and Pricing