MS in Insurance Management

(Online)

The online Master of Science in Insurance Management program is a unique opportunity for professionals who have acquired the Chartered Property Casualty Underwriters (CPCU) credential to achieve further distinction by complementing their demonstrated expertise in insurance issues with a mastery of general management principles in accounting, finance, operations, and leadership. By completing just eight courses, holders of the CPCU credential will gain the advanced management knowledge required to handle high-level responsibilities and to achieve career advancement.

Department Vision

The programs of the Administrative Sciences Department are designed to meet emerging challenges and complex problems in our ever-expanding global business environment. Our programs, whether they are certificate or degree, are designed around an understanding that the future of business is volatile: solutions that work today may be obsolete tomorrow, and long-term success depends on critical thinking and the ability to make informed decisions based on accurately researched data, improvisation, and authentic, hands-on experience.

The department recognizes that today’s fast-paced, and often volatile, global economy demands a new breed of business leader who is able to think strategically and holistically about business, and able to understand the interconnected nature of the twenty-first-century economy. Today’s business leaders must be strategic visionaries who can prepare organizations for innovation and change in the global environment.

Faculty

The Administrative Sciences Department boasts a cadre of full-time faculty who reflect the values, quality, and prestige of a world-renowned institution. The department faculty are international and have exceptional academic credentials, excellent teaching abilities, highly recognized publishing records, significant contributions to research, and strong credibility due to their prior corporate experience. In addition to being recognized internationally in their academic fields, many of our faculty have experience on government and private boards, as consultants, entrepreneurs, and advisors to entrepreneurial initiatives.

Accreditation

Internationally renowned for its quality curriculum, teaching, and faculty, the Administrative Sciences Department has been recognized by the world’s leading accrediting bodies for its excellence in management education. The department’s programs are accredited by AACSB International—the Association to Advance Collegiate Schools of Business, and its Master of Science programs in Administrative Studies (Boston) and Management (online) are accredited by the European Foundation for Management Development (EFMD) Program Accreditation System (EPAS). In addition, the Master of Science Programs in Project Management and Administrative Studies are accredited by the Project Management Institute (PMI) Global Accreditation Center for Project Management Education Programs (GAC).

International Opportunities

Online and Boston-based graduate students can participate in a variety of international study experiences through the Administrative Sciences department. These include obtaining a second degree from a foreign partner institution (dual degree program); taking a partner institution’s online course (for our online students); participating in one of the department’s intensive courses abroad; or attending a foreign university. Dual degree students (both campus-based and online) are able to earn a second degree from a foreign university with a reduction in that school’s graduation requirements; in most cases, a student can obtain an MS in Insurance Management from Metropolitan College and an MBA from a foreign institution in two years of full-time study (with classes in English).

The department strongly believes that international opportunities are a vital part of today’s business education, and strives to make opportunities available to our students whether part-time, full-time, or online. MET partner institutions are located in a variety of countries, including England, France, Germany, Mexico, and Taipei. Information about a range of international opportunities is available from the department or, for online students, the online program coordinator.

Prerequisites

Students must hold the Chartered Property Casualty Underwriters (CPCU) designation in order to earn the master’s degree. Boston University recognizes the CPCU as the equivalent of four graduate-level courses.

Degree Requirements

A total of eight courses (32 credits) is required, as follows:

Core Courses

(six courses/24 credits)

  • MET AD 632 Financial Concepts
  • MET AD 642 Project Management
  • MET AD 648 Introduction to Electronic Commerce, Systems, and Web Design
  • MET AD 655 International Business, Economics, and Cultures
  • MET AD 715 Quantitative and Qualitative Decision-Making
  • MET AD 741 The Innovation Process: Developing New Products and Services

Specialization Courses

The four specialization courses are waived for students who hold the Chartered Property Casualty Underwriters (CPCU) designation.

Elective Courses

(two courses/8 credits)

Select two additional administrative sciences graduate-level courses, with the approval of the online program coordinator.

Good Standing

No grade lower than B- may be applied toward degree, diploma, or certificate, or diploma requirements. Students maintaining below a 3.0 cumulative grade point average (GPA) will be placed on academic probation status. Students on academic probation must make satisfactory progress toward achieving a minimum of 3.0 by the following semester, and must be in a position to graduate with a 3.0 or better within the remaining program courses. While grades of B or B- are considered passing, these grades will not assist in raising an unsatisfactory GPA to a satisfactory level. Therefore, students must obtain a minimum grade of B+ during a probation period.

Students who, in the determination of the department and based on past student performance, are not in a position to raise their GPA to the necessary level to graduate within the remaining courses, will be dismissed from the program. Students who have not removed themselves from academic probation status after one semester for full-time status or three courses for part-time status will be dismissed from the program.