Master of Science in Actuarial Science

The Master of Science in Actuarial Science at Boston University’s Metropolitan College (MET) provides you with the tools and knowledge to excel as an actuary. A solid foundation in calculus and multivariate calculus is recommended for applicants to this program.The world is filled with uncertainty and risk—and successful businesses need to quantify these risks. With their mathematical ability, analytic tools, and computer programming skills, actuaries are uniquely qualified to develop solutions to increasingly complex problems and to help quantify and manage risk for businesses in a variety of industries. By using data and models, actuaries have the expertise to determine the probability of certain future events. As an actuary, you develop ways to mitigate the impact of adverse financial circumstances on businesses, governmental agencies, and other organizations.The MS in Actuarial Science at BU MET includes two optional concentrations:FinanceInsuranceWith a master’s degree in Actuarial Science from BU MET, you are well-positioned to work in a variety of traditional and non-traditional actuarial roles. Actuarial skills are valued in any field in which strong abilities in predictive risk analysis, mathematics, and statistics are essential to developing business strategies. Though actuaries work in a variety of areas, they are most notably integral in the insurance industry. Their analytic skills and ability to quantify risk and uncertainty make actuaries invaluable to insurance and financial teams, and essential to health insurance, life insurance, property and casualty insurance, and pension and health consulting firms. Actuaries are also employed by government agencies, accounting firms, banks, and financial services companies.16–24 Months to Completion, 2 semesters (8-12 months), 3 semesters (12-20 months)

Students must maintain a GPA of 2.0 in second-year courses and seminars and a cumulative GPA of 2.3 at the end of the second year Students must earn a final average of at least 2