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B.A. B.S. Actuarial Science

Concentration
48-60 credit hours
100% career outcome rate1

15:1 
Student-to-faculty ratio

We live in an increasingly data-driven world, so it’s no surprise that actuarial science is one of the most in-demand college programs available. Actuaries and other quantitative professionals deal in probabilities and statistics, and a degree in actuarial science combines elements of mathematics, statistics, data science and computer programming. Many industries are in need of those with actuarial science backgrounds, such as finance, business, sports or any other field that deals with numbers, risk analysis and strategic decision making. Concordia University, Nebraska’s actuarial science program includes not only classes in business, mathematics and statistics, but also programming and data science, two areas that industry professionals in the field say are vital to a successful career in actuarial science. Not only that, but in the actuarial science program at Concordia, you’ll also have the time in your schedule to explore a wide range of liberal arts classes, so you’ll graduate as a well-rounded individual, ready to excel as an actuary. Concordia’s Christ-centered community, rigorous academics and experienced faculty are designed to prepare you for all of the many vocations in which you’ll serve after graduation.

Actuarial Science Courses

Program Differentiators

Core Concepts

The actuarial science program at Concordia University, Nebraska helps develop students as analytical thinkers, who understand qualitative and quantitative data and who can use their God-given gifts to become leaders in their field. 

Key Differentiators

The actuarial science program at Concordia University, Nebraska allows you to be part of a program that has a commitment to excellence and engaged faculty that equip you and your fellow students to go through life-changing experiences together on paths to a positive future. 

Discover what makes the Concordia Nebraska business programs different 

Concordia NebraskaActuarial Science: Learning Objectives

Students in the actuarial science program at Concordia University, Nebraska will learn to use math and statistics to evaluate risk and make strategic decisions.

Students will be introduced to core probability concepts needed for actuarial and quantitative work.

Students will be able to apply the process of discovery, insights, actions and outcomes to a given data problem in order to make their analytics as useful as possible.

Students will understand how to design a range of data-driven experiments and use data to predict trends.

Students will be able to execute fundamental data manipulation, visualization and analysis tasks.

Concordia NebraskaActuarial Science: Program Goals

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Students in the actuarial science program at Concordia University, Nebraska will understand qualitatively and quantitatively the application of a wide variety of interest algorithms to diverse financial investments.

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Students will possess robust qualitative and quantitative skills in the use of probability concepts and techniques.

 

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Students will demonstrate advanced critical thinking, problem solving and programming skill in order to solve open ended data-based problems.

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Students will be able to apply advanced statistical tools in order to build robust and scalable risk models.

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Actuarial Science Faculty

Concordia’s mathematics faculty and instructors bring years of experience to the classroom.

Meet the faculty

Concordia NebraskaActuarial Science: FAQs

Concordia Nebraska Actuarial Science: Career Outcomes

Actuary

Actuaries use mathematics, statistics and financial theory to analyze financial and economic risk for companies. Many actuaries work for insurance companies, though there is a need for actuaries in many fields to work with companies and organizations to mitigate risk and prepare for future events. As an actuary, you might be in charge of compiling and analyzing statistical data, estimating the probability and economic cost of future events and designing policies, investments and other business strategies to minimize risk and maximize profitability.

24% Annual Growth Rate2
$63,260 Entry-Level Salary2
$105,900 Mid-Level Salary2
$206,820 Late-Level Salary2

Financial Analyst

Financial analysts guide businesses and individuals in decisions about where to spend money to attain the most profit. As a financial analyst, you might be in charge of recommending investments and portfolios for an organization, evaluating current and historical financial data to discover economic trends and assessing a company’s financial information to determine its value.

6% Annual Growth Rate2
$28,740 Entry-Level Salary2
$81,410 Mid-Level Salary2
$163,640 Late-Level Salary2

Statistician

Mathematicians and statisticians analyze data and apply computational techniques to solve problems. They apply mathematical theories to solve practical problems in business, engineering, science and other fields. As a statistician, you might design surveys or experiments to collect data, develop models to analyze the data and interpret and communicate your results.

33% Annual Growth Rate2
$49,350 Entry-Level Salary2
$95,570 Mid-Level Salary2
$157,300 Late-Level Salary2

Concordia NebraskaActuarial Science: Related Programs

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Business Administration

The business administration major provides a large scope of knowledge that will make you successful in a wide array of industries, from marketing to working in government to running a nonprofit organization.

Explore the Business Administration Major

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Computer Science

Concordia University, Nebraska’s computer science program is designed to help you meet current and future challenges in technology- and application-related fields. Here, you can gain a strong fundamental foundation with an emphasis on practical functions of theoretical concepts.

Discover the Computer Science Program

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Accounting

A degree in accounting from Concordia University, Nebraska gives you the education to succeed in just about any aspect of the business world. Here, you get the foundation you need to become a certified public accountant, work for government institutions or become a partner in a private accounting firm. Pursue a career in finance or corporate management accounting, become an entrepreneur or find any number of other careers in accounting to ignite your passion for business.

Explore the Accounting Program

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Management Information Systems

Management information systems is a dynamic career field focused on employing technologies in ways that help businesses and organizations achieve their strategic goals and operational objectives. Information systems have become increasingly important as technology advances, creating a high demand for skilled individuals.

Discover Management Information Systems

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Mathematics

Studying mathematics can help you develop basic skills such as arguing logically and rigorously, thinking abstractly, formulating and solving problems, analyzing data, and creating and analyzing mathematical models. As a math major, you will find yourself in demand by employers for careers in a wide spectrum of fields.

Explore Mathematics at Concordia

1 Recent graduates attending graduate school or employed within six months of graduation.

2 Career salary and wages sourced from the U.S. Bureau of Labor Statistics.