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Preparing your educational journey
Tuition USD 49,176 (Tuition (Year)) — International students; USD 49,176 (Tuition (Year)) — National students
Degree MSc
Duration 24 months
Deadline 2004-01-18
Delivery On-campus
Location Boston, United States
Language English

Program Overview

The Actuarial Science at Boston University is a MSc programme in Mathematics & Statistics over 24 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of mathematics & statistics. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Actuarial Science programme are well-prepared for careers in academia, industry, government, and the private sector across United States and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 24 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. English requirement: IELTS 7
  5. Tuition: USD 49,176 (Tuition (Year)) — International students; USD 49,176 (Tuition (Year)) — National students
  6. Location: Boston, United States, United States

Career Opportunities

Graduates of the Actuarial Science programme are prepared for diverse careers in mathematics & statistics:

  1. Actuary
  2. Quantitative Analyst
  3. Data Analyst
  4. Risk Manager
  5. Financial Modeller
  6. Statistical Researcher

Program Curriculum

Course Structure

  1. Actuarial Mathematics
  2. Actuarial Statistics
  3. Regression and Time Series
  4. Individual Insurance Applications of Actuarial Principles
  5. Group Insurance Applications of Actuarial Principles
  6. Casualty Insurance Principles
  7. Mathematics for Investment and Portfolio Theory
  8. Mathematical Finance
  9. Pension Mathematics and Mortality Tables
  10. Seminar in Actuarial Science
  11. Software Development with C++ for Mathematical Finance
  12. Probability
  13. Mathematical Statistics
  14. SAS with Statistical Applications

Admission Requirements

Academic Requirements

To satisfy the minimum requirements to be considered for the Master of Science in Actuarial Science degree program, applicants must:

  • Have a bachelor\xc2\x92s degree
  • Have completed two semesters of calculus, and one semester of multivariate calculus\xc2\xa0
  • Submit results of the Test of English as a Foreign Language (TOEFL) examination (international students only)

English Proficiency: IELTS 7 or equivalent.

Tuition & Financial Information

Tuition Fee

USD 49,176 (Tuition (Year)) — International students; USD 49,176 (Tuition (Year)) — National students

Tuition fees: USD 49,176 (Tuition (Year)) — International students; USD 49,176 (Tuition (Year)) — National students

IELTS requirement: 7

Financial Aid & Scholarships

Contact Boston University directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About Boston University

Boston University logo

Boston University

Boston, United States

Boston University is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...

University Profile
  • Application Deadline 2004-01-18
  • Start Date 2018-09-06
  • Language English
  • Duration 24 months