Business Administration Actuarial Science (CBA)

Majors in Actuarial Science will be able to:

  1. Demonstrate the ability to apply the concepts of actuarial science in solving problems related to financial security.
  2. Understand the content of the UNL courses that have been approved for the actuarial profession’s Validation by Educational Experience (VEE) program for the topics of Economics, Corporate Finance and Applied Statistics.
  3. Understand the additional considerations in practical applications of actuarial theory, such as assumption setting, Actuarial Standards of Practice, the professional code of conduct, and effective communication.
  4. Understand that being a professional requires that actuarial tasks be completed with the highest regard for personal and professional ethics.
  5. Demonstrate the ability to transition from actuarial theory to actuarial practice, and the ability to apply tools that actuaries use in practice to complete actuarial tasks, such as a modern procedural computer programming language, EXCEL or similar spreadsheet program, and commercially available actuarial software.
  6. Demonstrate the ability to communicate the results of quantitative analysis effectively, both in writing and orally.
  7. Demonstrate the ability to work cooperatively with others.
  8. Understand what is involved in being a member of the actuarial profession, including the types of employment available in an actuarial career, and the requirements to become, and remain, a member of the actuarial profession.
  9. Demonstrate the ability to be productive in one or more actuarial roles including:
    a. current or developing areas of actuarial practice;
    b. research designed to deepen or broaden actuarial knowledge; or
    c. education of aspiring or practicing actuaries.


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