MS in Insurance Management (Online)

Changes to this program will take effect in the 2023–2024 academic year.

The online Master of Science (MS) 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.

Learning Outcomes

• Enhanced expertise in the insurance industry, with the addition of a focused business core that addresses the managerial aspects and personal skills needed to be a leader in the field.
• The business background necessary to complement insurance industry knowledge and provide strategic focus to a department or firm in the areas of ecommerce, innovation, technology, and business continuity.
• An appreciation of how the insurance industry impacts, and is impacted by, management decisions, global issues, and technical innovations.

Admissions Information

For current admissions information, please visit the Metropolitan College website.

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.

All students must demonstrate proficiency in mathematical skills by completing the online ALEKS math tutorial.

Degree Requirements

The Boston University Metropolitan College Master of Science in Insurance Management consists of eight required online courses (32 credits).* In addition, students must demonstrate achievement of the Chartered Property Casualty Underwriters (CPCU) credential.

*Degree requirements may vary for those students transferring credits from previous coursework at Boston University or receiving course waivers due to professional designations.

Core Courses

(six courses/24 credits)

• MET AD 632 Financial Concepts
• MET AD 642 Project Management
• MET AD 648 Ecommerce
• 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 in lieu of 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.

The following courses offered by other Metropolitan College departments are allowed with advisor approval:

• MET AD 571 Business Analytics Foundations
• MET AD 610 Enterprise Risk Management
• MET AD 613 Enterprise Risk Planning and Compliance
• MET AD 616 Enterprise Risk Analytics
• MET AD 644 Project Risk and Cost Management
• MET AD 782 Project Value Strategies

Good Standing

No grade lower than B– may be applied toward degree, diploma, or certificate 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.