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Bachelor of Science in Business Administration - Actuarial Science (Business)

Bachelor of Science in Business Administration - Actuarial Science (Business)

at EDUCO - University of Nebraska - Lincoln USA

Overview

An actuary is a mathematically-oriented business person who will most likely be a manager or supervisor at some point in his/her career. Thus, a course of study culminating in a bachelor of science degree in business administration with a major in actuarial science is an excellent educational background for prospective actuaries.

The actuarial science program is designed to prepare students for the current industry demands. Because the demands change on a regular basis, oftentimes the number of hours, the sequencing of courses, and the specific requirements change for this major. Students should continue to consult with the department for the appropriate selection and listing of course requirements.

The actuarial science program is proud to have been named one of the first Centers of Actuarial Excellence by the Society of Actuaries.

What you will learn
The work of an actuary typically involves analyzing the various contingencies (birth, death, marriage, retirement, sickness, and losses due to accidents or negligence), which face society, and their impact on the many types of financial security arrangements, both public and private. A creative aspect of actuarial work lies in the forecasting of events. Actuaries are frequently called upon to make decisions that affect the fiscal soundness of financial security programs well into the future. Quality actuaries are in high demand resulting in a high job placement rate and high starting salaries.

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

48

Duration

EDUCO - University of Nebraska - Lincoln

Location

Bachelor of Science in Business Administration - Actuarial Science (Business) Assistant Fee

$27025

Tuition Fee

$0

Average Cost of Living

$45

Application Fee

Bachelor of Science in Business Administration - Actuarial Science (Business) Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.
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Where would you like to study*

Work Permit USA

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

  1. Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
  2. Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
  3. 24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization. 

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

48

Duration

Study Visa

English Test Requirement

6.0

Minimum Overall Score

5.5

Minimum Writing

70.0

Minimum Overall Score

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Bachelor of Arts in Actuarial Science (STEM)

An actuary is a mathematically-oriented business person who will most likely be a manager or supervisor at some point in their career. A major in actuarial science is an excellent educational background for prospective actuaries.

The actuarial science program is designed to prepare students for the current industry demands. Because the demands change on a regular basis, oftentimes the number of hours, the sequencing of courses, and the specific requirements change for this major. Students should continue to consult with the department for the appropriate selection and listing of course requirements.

All actuarial science students are encouraged to visit the actuarial science program’s website and an actuarial science program faculty advisor for more information about the program, including the Actuarial Science Club, sequencing of courses, scholarship opportunities, and the requirements for achieving professional actuarial designations.

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