{"id":6931,"date":"2025-11-13T11:15:19","date_gmt":"2025-11-13T16:15:19","guid":{"rendered":"https:\/\/www.bu.edu\/online\/?post_type=bu-program-page&#038;p=6931"},"modified":"2026-06-17T16:57:17","modified_gmt":"2026-06-17T20:57:17","slug":"ms-actuarial-science","status":"publish","type":"bu-program-page","link":"https:\/\/www.bu.edu\/online\/degrees-certificates\/actuarial-science\/ms-actuarial-science\/","title":{"rendered":"Master of Science in Actuarial Science"},"content":{"rendered":"\n<h2>Gain Expertise in Risk Analysis and Actuarial Science<\/h2>\n\n\n\n<p>If you have a strong mathematical foundation, the Master of Science in Actuarial Science at Boston University\u2019s Metropolitan College (MET) can provide the tools and knowledge to excel in the actuarial profession. The program offers two optional concentrations:<\/p>\n\n\n\n<ul><li><a href=\"https:\/\/www.bu.edu\/online\/degrees-certificates\/actuarial-science\/ms-actuarial-science-finance-concentration\/\">Finance<\/a><\/li><li><a href=\"https:\/\/www.bu.edu\/online\/degrees-certificates\/actuarial-science\/ms-actuarial-science-insurance-concentration\/\">Insurance<\/a><\/li><\/ul>\n\n\n\n<p>Actuaries play a critical role in helping businesses quantify and manage risk. Using their expertise in mathematics, analytics, and computer programming, actuaries develop models to predict the probability of future events and create strategies to mitigate potential financial impacts for businesses, government agencies, and other organizations.<\/p>\n\n\n\n<p>Graduates with a master\u2019s degree in Actuarial Science from BU MET are well-prepared for traditional and emerging actuarial roles across industries. While insurance companies\u2014covering health, life, property, and casualty sectors\u2014are primary employers, actuaries are also in demand at government agencies, banks, accounting firms, and financial services companies.<\/p>\n\n\n\n<p>Metropolitan College\u2019s Actuarial Science curriculum aligns with the examination requirements of the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.soa.org\/\" target=\"_blank\">Society of Actuaries (SoA)<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.casact.org\/\" target=\"_blank\">Casualty Actuarial Society (CAS)<\/a>, &nbsp;two key professional bodies. The SoA track prepares students for careers focused on life insurance, health insurance, pensions, and risk management. The CAS track centers on property and casualty insurance, addressing risks such as automobile and homeowner\u2019s insurance. Led by an experienced faculty of actuarial professionals who blend academic expertise with industry insights, BU MET\u2019s program goes beyond theory, encouraging students to \u201cthink like actuaries\u201d when solving real-world problems. Whichever actuarial credentials you are working toward, this degree will prepare you to meet the growing demand for professionals skilled in predictive risk analysis and business strategy.<\/p>\n\n\n\n<p>The MS in Actuarial Science is also available on campus in Boston.&nbsp;<a href=\"https:\/\/www.bu.edu\/met\/degrees-certificates\/ms-actuarial-science\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn more.<\/a><\/p>\n\n\n\n<h2><strong>Curriculum<\/strong><\/h2>\n\n\n\n<p>A total of 34 units is required.<\/p>\n\n\n\n<p>Students not choosing a concentration must complete the core courses and general electives. Students pursuing a concentration should review the requirements for&nbsp;<a href=\"https:\/\/www.bu.edu\/online\/degrees-certificates\/actuarial-science\/ms-actuarial-science-finance-concentration\/\">Finance<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/www.bu.edu\/online\/degrees-certificates\/actuarial-science\/ms-actuarial-science-insurance-concentration\/\">Insurance<\/a>.<\/p>\n\n\n\n<p>Given the nature of the program, a solid mathematical foundation is recommended for applicants.<\/p>\n\n\n<div class=\"bu_collapsible_container \" aria-live=\"polite\" data-customize-animation=\"false\"><h3 class=\"bu_collapsible\" aria-expanded=\"false\"tabindex=\"0\" role=\"button\">Core Courses<\/h3><div class=\"bu_collapsible_section\" style=\"display: none;\"><\/p>\n\n\n\n<p>(Seven courses\/26 units)<\/p>\n\n\n<p><div class=\"course-feed\"><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">505<\/span><\/span> Actuarial and Financial Data Analysis<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">What happens when you need to model a complex actuarial project and your calculator isn't enough? Step into the modern actuarial environment by mastering R Studio, Microsoft Excel, and Microsoft Access. You\u2019ll roll up your sleeves to calculate premiums and analyze loss metrics over the term. It\u2019s not just about crunching numbers; it\u2019s about doing it accurately and on a tight deadline. Mastering these database and programming tools will give you the edge you need to perform high-level analysis and make an immediate impact in your career.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Ritt<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">R<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=PSY\">PSY B53<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">521<\/span><\/span> Financial Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">It has been said that \u201ccompound interest is the eighth wonder of the world.\u201d Have you ever wondered how the passage of time changes the value of a bank account, a 401(k), or a loan payment? Interest rates are the invisible engine driving the entire financial world. Build your theoretical foundation by exploring how interest calculations dictate the terms of bonds, mortgages, annuities, and complex payment structures. You\u2019ll strip away the jargon and learn exactly how financial instruments function at a mathematical level. Mastering this material helps you prepare for the SoA Exam FM \/ CAS Exam 2.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Jylkka<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">M<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=KCB\">KCB 104<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section O1, FALL 2026 <span class=\"cf-section-dates\">Sep 1st to Dec 14th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\"><\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">531<\/span><\/span> Fundamentals of Actuarial Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 581 or CAS MA 581; MET AT 521; or consent of instructor. How do actuaries predict the financial future of an insurance policy? You\u2019ll unpack the core mechanics of both long- and short-term insurance. Discover how to build severity and frequency models, and learn the foundational principles of credibility. You\u2019ll also get to see how life insurance companies calculate what its policyholders pay for insurance and annuities (on a theoretical basis). And, you\u2019ll learn and be astounded by how actuaries calculate how long someone is expected to live! Mastering this material helps you prepare for SoA Exam FAM.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">M<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=FLR\">FLR 121<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section E2, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">743<\/span><\/span> Regression and Time Series<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 582, CAS MA 582 or consent of instructor. Can yesterday\u2019s data really predict tomorrow\u2019s market? Yes, if you have the right statistical models. You\u2019ll unlock the predictive power of regression and time series analysis. Learn to build multiple regression models, analyze residuals, and tame messy data by addressing heteroscedasticity. Then, shift your focus to the future using time-series smoothing and linear models to forecast trends. Mastering this material helps you prepare for SoA Exam SRM.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Gangopadhyay<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">T<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=SOC\">SOC B57<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section E2, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Gangopadhyay<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">799<\/span><\/span> Capstone in Actuarial Science<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">2 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Restrictions: only for students in the final semester of the MS in Actuarial Science degree program. Are you ready to prove you have what it takes to solve real industry problems? This is where everything you\u2019ve learned comes together. You\u2019ll collaborate with your peers on a massive, integrated research project, tackling the exact challenges facing today\u2019s top insurance and financial firms. You won\u2019t just run numbers; you\u2019ll develop comprehensive, innovative solutions. In addition, the course emphasizes the \u201csoft skills\u201d of actuarial work, including ethics, the Emotional and Adaptability Quotients (EQ and AQ), Actuarial Standards of Practice, and the history of insurance.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">W<\/td>\n\t<td class=\"cf-section-start\">02:30:00 PM&ndash;05:15:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=CDS\">CDS 263<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><\/div><\/p>\n\n\n\n<div style=\"border-top: 1px solid #ddd;\"><p style=\"font-weight: bold; font-style: italic; font-size:105%;margin-top:20px;\">Plus, one course selected from the following:<\/p><\/div>\n\n\n<p><div class=\"course-feed\"><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">541<\/span><\/span> Introduction to Individual Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">What does it actually take to guarantee someone\u2019s financial security for a lifetime? Individual life insurance and annuities are more than just contracts; they are complex financial ecosystems. You\u2019ll trace the entire lifespan of these products, from initial design and risk classification to pricing and cash flow calculations. We\u2019ll also tackle the big-picture challenges companies face, like navigating taxation, managing required capital, and securing reinsurance. Understand the architecture of individual insurance so you can help build smarter, more resilient financial products.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Horwitz<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">T<\/td>\n\t<td class=\"cf-section-start\">12:30:00 PM&ndash;03:15:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=KCB\">KCB 104<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">542<\/span><\/span> Introduction to Group Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">How do organizations provide reliable health and life benefits to thousands of employees at once? You\u2019ll explore the unique actuarial principles that keep these massive systems afloat. Dive into product design, underwriting, and the complex risk management required to determine premiums and fund collective benefits. While we heavily focus on the US market, we\u2019ll also analyze the Canadian health system to broaden your perspective.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">543<\/span><\/span> Introduction to Property and Casualty Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">When a disaster strikes, who foots the bill? Welcome to the high-stakes world of property and casualty insurance. You\u2019ll learn how actuaries define insurable risks, calculate premiums, and ensure there\u2019s enough money to pay out claims, even after catastrophic losses due to the climate crisis. We\u2019ll break down the structure of homeowners, auto, and liability policies and explore how reinsurance protects insurers. By analyzing the historical court cases that shaped today\u2019s regulations, you\u2019ll gain the deep context you need to navigate the modern industry.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">544<\/span><\/span> Introduction to Pension Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 581 or CAS MA 581; MET AT 521; or consent of instructor. How do we mathematically guarantee a secure retirement for millions of people? It takes brilliant design and bulletproof funding strategies. You\u2019ll explore the complex world of pension plans, learning how actuaries use life contingencies to calculate decades of future liabilities. We\u2019ll break down various actuarial funding methods and alternative payment structures used in retirement systems worldwide. Equip yourself with the specialized mathematical tools organizations need to build and maintain pensions in a changing economic climate.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">545<\/span><\/span> Introduction to Risk Management<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">What if you could see a financial disaster coming before it hits? Risk management is the art and science of anticipating the unexpected. You\u2019ll learn how to build resilient frameworks that protect assets across life, pension, health, and property and casualty insurance. Step into the risk management process to identify, assess, and mitigate threats using industry-standard tools. We\u2019ll also navigate the ethical and regulatory challenges that modern actuaries face. Become the strategic thinker who keeps financial institutions safe in a volatile world.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Cimon-Gagnon<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">W<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=HAR\">HAR 220<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><\/div><\/p>\n\n\n\n<div style=\"border-top: 1px solid #ddd;\"><p style=\"font-weight: bold; font-style: italic; font-size:105%;margin-top:20px;\">And one course selected from the following:<\/p><\/div>\n\n\n<p><div class=\"course-feed\"><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">771<\/span><\/span> Advanced Long-Term Actuarial Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET AT 531 or consent of instructor. What happens when your pristine mathematical assumptions collide with a messy reality? It\u2019s time to upgrade your long-term financial models. You\u2019ll explore the critical concept of insurance reserves, learning how they are calculated and how they react when real-world results miss the mark. Expand your expertise by mastering multiple life and decrement models and Multiple State\/Markov Chains. By learning to model complex, long-term realities, you\u2019ll elevate your professional practice. Mastering this material helps you prepare for SoA Exam ALTAM.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">M<\/td>\n\t<td class=\"cf-section-start\">02:30:00 PM&ndash;05:15:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=FLR\">FLR 123<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section E2, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">781<\/span><\/span> Advanced Short-Term Actuarial Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET AT 531 or consent of instructor. How do you accurately price an insurance policy when you don\u2019t have all the data? In short-term insurance, like medical or auto, uncertainty is the only constant. You\u2019ll push your modeling skills to the limit by tackling advanced severity, frequency, and aggregate models. You\u2019ll learn to evaluate both complete and incomplete data sets to build accurate pricing structures. Finally, you\u2019ll master crucial credibility models, including Classical, B\u00fchlmann-Straub, and Bayesian methods, to continuously refine your accuracy. Mastering this material helps you prepare for SoA Exam ASTAM.<\/p>\n\t<\/div>\n\n\t\n<\/aside><\/div><\/p>\n\n\n<p><\/div>\n<\/div>\n\n\n\n<div class=\"bu_collapsible_container \" aria-live=\"polite\" data-customize-animation=\"false\"><h3 class=\"bu_collapsible\" aria-expanded=\"false\"tabindex=\"0\" role=\"button\">General Electives<\/h3><div class=\"bu_collapsible_section\" style=\"display: none;\"><\/p>\n\n\n\n<p>(Two courses\/8 units)<\/p>\n\n\n\n<p>Students not choosing a concentration in Finance or Insurance must complete two general electives.*<\/p>\n\n\n<p><div class=\"course-feed\"><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AD<\/span> <span class=\"cf-course-number\">632<\/span><\/span> Financial Concepts<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        <div class=\"cf-hub-ind\">  <a href=\"http:\/\/www.bu.edu\/hub\/what-is-the-hub\/\" target=\"_blank\" class=\"cf-hub-head\" alt=\"BU Hub\">    <span aria-hidden=\"true\" class=\"bu-hub-iconstyles icon-buhub\">BU Hub<\/span>  <\/a>  <a href=\"http:\/\/www.bu.edu\/hub\/what-is-the-hub\/\" target=\"_blank\" class=\"hub-head\">    <span aria-hidden=\"true\" class=\"bu-hub-iconstyles icon-questionmark\">Learn More<\/span>  <\/a>  <ul class=\"cf-hub-offerings\"><li class=\"cf-hub-area-1\">Critical Thinking<\/li><li class=\"cf-hub-area-H\">Quantitative Reasoning II<\/li>  <\/ul><\/div>\n\t\t<p class=\"cf-course-description\">Introduction to the concepts, methods and problems of accounting and financial analysis. Includes accounting principles, measurement and disclosure issues, financial statement analysis, time value of money, cash flow projection and analysis, capital budgeting and project evaluation, bond and equity valuation, cost of capital and capital structure. 4 cr. Effective Fall 2021, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Critical Thinking.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Yu<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">M<\/td>\n\t<td class=\"cf-section-start\">02:30:00 PM&ndash;05:15:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=MCS\">MCS B31<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A2, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\"><\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">T<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=FLR\">FLR 121<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A3, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\"><\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">W<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=CAS\">CAS 116<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A4, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Page<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">F<\/td>\n\t<td class=\"cf-section-start\">11:15:00 AM&ndash;02:00:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=STH\">STH B20<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section O2, FALL 2026 <span class=\"cf-section-dates\">Oct 27th to Dec 14th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Ge<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">503<\/span><\/span> SAS for Actuaries<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">How do you turn a mountain of raw data into a clear business strategy? The answer is SAS, one of the most powerful statistical software packages in the industry. You\u2019ll dive into the software, writing code, formatting data, and building macros. We skip the dry theory and get straight to the real world, using massive datasets to run regressions and analyze variances. By mastering SAS for Windows, you\u2019ll be ready to start solving complex statistical problems with SAS.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">511<\/span><\/span> Economics and Management Decisions<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Why do some firms thrive in uncertain markets while others fail? The difference lies in strategic economic analysis. Step into the shoes of a corporate leader and learn how to navigate complex choices around pricing, production, and investment. You\u2019ll use microeconomic tools to build probabilistic forecasts, cutting through the noise of an unpredictable economy. You\u2019ll also examine how macroeconomic trends, market structures, and public policy shape the corporate landscape. Get ready to build the economic intuition you need to drive bold management decisions.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">541<\/span><\/span> Introduction to Individual Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">What does it actually take to guarantee someone\u2019s financial security for a lifetime? Individual life insurance and annuities are more than just contracts; they are complex financial ecosystems. You\u2019ll trace the entire lifespan of these products, from initial design and risk classification to pricing and cash flow calculations. We\u2019ll also tackle the big-picture challenges companies face, like navigating taxation, managing required capital, and securing reinsurance. Understand the architecture of individual insurance so you can help build smarter, more resilient financial products.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Horwitz<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">T<\/td>\n\t<td class=\"cf-section-start\">12:30:00 PM&ndash;03:15:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=KCB\">KCB 104<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">542<\/span><\/span> Introduction to Group Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">How do organizations provide reliable health and life benefits to thousands of employees at once? You\u2019ll explore the unique actuarial principles that keep these massive systems afloat. Dive into product design, underwriting, and the complex risk management required to determine premiums and fund collective benefits. While we heavily focus on the US market, we\u2019ll also analyze the Canadian health system to broaden your perspective.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">543<\/span><\/span> Introduction to Property and Casualty Insurance<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">When a disaster strikes, who foots the bill? Welcome to the high-stakes world of property and casualty insurance. You\u2019ll learn how actuaries define insurable risks, calculate premiums, and ensure there\u2019s enough money to pay out claims, even after catastrophic losses due to the climate crisis. We\u2019ll break down the structure of homeowners, auto, and liability policies and explore how reinsurance protects insurers. By analyzing the historical court cases that shaped today\u2019s regulations, you\u2019ll gain the deep context you need to navigate the modern industry.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">544<\/span><\/span> Introduction to Pension Mathematics<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 581 or CAS MA 581; MET AT 521; or consent of instructor. How do we mathematically guarantee a secure retirement for millions of people? It takes brilliant design and bulletproof funding strategies. You\u2019ll explore the complex world of pension plans, learning how actuaries use life contingencies to calculate decades of future liabilities. We\u2019ll break down various actuarial funding methods and alternative payment structures used in retirement systems worldwide. Equip yourself with the specialized mathematical tools organizations need to build and maintain pensions in a changing economic climate.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">545<\/span><\/span> Introduction to Risk Management<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">What if you could see a financial disaster coming before it hits? Risk management is the art and science of anticipating the unexpected. You\u2019ll learn how to build resilient frameworks that protect assets across life, pension, health, and property and casualty insurance. Step into the risk management process to identify, assess, and mitigate threats using industry-standard tools. We\u2019ll also navigate the ethical and regulatory challenges that modern actuaries face. Become the strategic thinker who keeps financial institutions safe in a volatile world.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Cimon-Gagnon<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">W<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=HAR\">HAR 220<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">581<\/span><\/span> Probability for Actuaries<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisite: MET MA 225 or instructor\u2019s consent. Can you capture pure chance in a formula? Probability isn\u2019t just a math requirement; it\u2019s the language actuaries use to understand uncertainty. You\u2019ll build a rigorous foundation in discrete and continuous random variables, conditional probability, and moment generating functions. From there, you\u2019ll tackle advanced concepts like the law of large numbers and the central limit theorem. Master the mathematical logic of probability to sharpen your analytical mindset. Mastering this material helps you prepare for SoA Exam P\/CAS Exam 1.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Weiner<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">R<\/td>\n\t<td class=\"cf-section-start\">06:00:00 PM&ndash;08:45:00 PM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=KCB\">KCB 104<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div><div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section O1, FALL 2026 <span class=\"cf-section-dates\">Sep 1st to Dec 14th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Weiner<\/td>\n\t<td class=\"cf-section-type\">Independent<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">582<\/span><\/span> Mathematical Statistics for Actuaries<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisite: MET AT 581 or instructor\u2019s consent. How do you make million-dollar decisions based on a limited set of data? It requires masterful statistical intuition. You\u2019ll elevate your analytical power by learning how to estimate parameters, test complex hypotheses, and run powerful regression models. We\u2019ll dive into maximum likelihood estimation, ANOVA, and nonparametric tests to draw accurate conclusions from messy real-world numbers. Build the advanced statistical frameworks you need to back up your business decisions. This course has been approved for SoA\/CAS VEE credit in Mathematical Statistics.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">722<\/span><\/span> Finance for Actuaries<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\"><\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET AT 521. How do corporate giants value investments and navigate financial markets? Take your knowledge of financial mathematics to the corporate level. You\u2019ll master the tools of the trade, including net present value, internal rate of return, and capital budgeting. Then, you\u2019ll push further into the mechanics of option pricing theory, breaking down binomial lattice valuation and the renowned Black-Scholes formula. Gain the high-level financial acumen needed to drive corporate strategy. This course has been approved for the \u201cFinance\u201d portion of the SoA\/CAS VEE credit in Finance and Accounting.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">761<\/span><\/span> Mathematics for Investment and Portfolio Theory<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 581 or CAS MA581 and AT 521. How do the world\u2019s best financial managers maximize returns without risking it all? They rely on modern portfolio theory. You\u2019ll dissect the risk and return characteristics of primary financial products and master the mathematical principles behind term structures and yield curves. Explore powerful tools like the Markowitz Portfolio Selection Model and the CAPM. By diving into derivative securities and immunization techniques, you\u2019ll develop the sophisticated expertise required for elite interest rate risk management.<\/p>\n\t<\/div>\n\n\t\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">762<\/span><\/span> Mathematical Finance for Actuarial Science<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">4 credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisites: MET MA 581 and MET AT 521 or consent of instructor. How do financial institutions protect themselves against massive market swings? They use complex derivatives, which you\u2019ll learn about in this course. You\u2019ll uncover the mathematical mechanics of options and analyze their critical role in insurance and risk management. We\u2019ll break down the rational valuation of these products, mastering put-call parity, binomial options, and the famous Black-Scholes pricing model. Equip yourself with the cutting-edge financial mathematics necessary to manage uncertainty in modern markets.<\/p>\n\t<\/div>\n\n\t\n<\/aside><\/div><\/p>\n\n\n\n<div style=\"border-top: 1px solid #ddd;\"><p style=\"font-weight: bold; font-style: italic; font-size:105%;margin-top:20px;\">*<em>Selections cannot be identical to courses taken as part of the core.<\/em><\/p><\/div>\n\n\n\n<p>Students may take up to one related elective course from other departments at Boston University, with the permission of the director of the Actuarial Science program.<\/p>\n\n\n\n<p>Students who have completed any of the above coursework in undergraduate or graduate studies, or who have successfully passed the corresponding professional examinations, may substitute these courses with courses available through other departments at BU MET\u2014most notably the Administrative Sciences and Computer Science departments\u2014as well as BU\u2019s College of Arts &amp; Sciences (CAS) or Questrom School of Business. The Actuarial Science department must approve any such course. Approval must also be obtained from CAS or Questrom. Typically, students are allowed to take two courses from outside of the Actuarial Science department as part of their degree.<\/p>\n\n\n<p><\/div>\n<\/div>\n\n\n\n<div class=\"bu_collapsible_container \" aria-live=\"polite\" data-customize-animation=\"false\"><h3 class=\"bu_collapsible\" aria-expanded=\"false\"tabindex=\"0\" role=\"button\">Directed Studies<\/h3><div class=\"bu_collapsible_section\" style=\"display: none;\"><\/p>\n\n\n\n<p>Courses in directed studies are offered to students who plan to engage in specialized research topics under the supervision of a faculty advisor.<\/p>\n\n\n<p><div class=\"course-feed\"><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">991<\/span><\/span> Directed Studies 1<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">Var credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisite: consent of instructor. What if you could design your own course to solve a problem you\u2019re truly passionate about? Directed Studies give you the freedom to build a custom academic journey. Working under the direct mentorship of a faculty advisor, you\u2019ll conduct deep, specialized research on a topic of your choosing. Whether you want to explore an obscure actuarial theory or solve a novel industry challenge, this is your chance to break new ground. Apply through the department and start innovating.<\/p>\n\t<\/div>\n\n\t<div class=\"responsive-table cf-section-wrapper\">\n<table class=\"cf-table\">\n\t<caption class=\"cf-section-title\">Section A1, FALL 2026 <span class=\"cf-section-dates\">Sep 2nd to Dec 10th<\/span><\/caption>\n\t<thead class=\"cf-section-header\">\n\t\t<tr>\n\t\t\t<th class=\"cf-section-instructortitle\">Instructor<\/th>\n\t\t\t<th class=\"cf-section-typetitle\">Type<\/th>\n\t\t\t<th class=\"cf-section-daytitle\">Days<\/th>\n\t\t\t<th class=\"cf-section-timestitle\">Times<\/th>\n\t\t\t<th class=\"cf-section-locationtitle\">Location<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr class=\"cf-section-item\">\n\t<td class=\"cf-section-instructor\">Tepfer<\/td>\n\t<td class=\"cf-section-type\">Directed Study<\/td>\n\t<td class=\"cf-section-day\">ARR<\/td>\n\t<td class=\"cf-section-start\">12:00:00 AM&ndash;12:00:00 AM<\/td>\n\t<td class=\"cf-section-location\"><a href=\"http:\/\/www.bu.edu\/maps\/?search=\"> <\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/aside><aside class=\"cf-course\">\n\t<div class=\"cf-course-card\">\n\t\t<h3 class=\"cf-course-title\"><span class=\"cf-course-id\"><span class=\"cf-course-college\">MET<\/span> <span class=\"cf-course-dept\">AT<\/span> <span class=\"cf-course-number\">992<\/span><\/span> Directed Studies 2<\/h3>\n\t\t<p class=\"meta cf-course-info\"><span class=\"cf-course-credits\">Var credits.<\/span> <span class=\"cf-course-offered\">Fall and Spring<\/span> <span class=\"cf-course-prereqs\"><\/span><\/p>\n        \n\t\t<p class=\"cf-course-description\">Prerequisite: consent of instructor. What if you could design your own course to solve a problem you\u2019re truly passionate about? Directed Studies give you the freedom to build a custom academic journey. Working under the direct mentorship of a faculty advisor, you\u2019ll conduct deep, specialized research on a topic of your choosing. Whether you want to explore an obscure actuarial theory or solve a novel industry challenge, this is your chance to break new ground. Apply through the department and start innovating.<\/p>\n\t<\/div>\n\n\t\n<\/aside><\/div><\/p>\n\n\n<p><\/div>\n<\/div>\n\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"responsive-video responsive-youtube\"><iframe loading=\"lazy\" title=\"Get to Know MET: Actuarial Science with Professor Hal Tepfer\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/TB0q5p75wpo?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.bu.edu\/online\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<div class=\"wp-block-group alignwide program-block program-block--requirements program-block--type-degrees\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns program-block--requirements__inner\">\n<div class=\"wp-block-column program-block--requirements__content\">\n<div class=\"wp-block-group program-block--requirements__group\"><div class=\"wp-block-group__inner-container\">\n<h3 class=\"program-block--requirements__group-title\"><a href=\"https:\/\/www.bu.edu\/met\/admissions\/academic-calendars\/online-calendar\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dates &amp; Deadlines<\/a><\/h3>\n\n\n\n<p class=\"program-block--requirements__group-text\">View BU MET\u2019s academic calendar for online programs, including important dates and deadlines.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group program-block--requirements__group\"><div class=\"wp-block-group__inner-container\">\n<h3 class=\"program-block--requirements__group-title\"><a href=\"https:\/\/www.bu.edu\/met\/admissions\/apply-now-graduate\/\" target=\"_blank\" rel=\"noreferrer noopener\">Application Requirements<\/a><\/h3>\n\n\n\n<p class=\"program-block--requirements__group-text\">Learn about application requirements for BU MET graduate degree and certificate programs.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column program-block--requirements__media\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"576\" src=\"\/online\/files\/2025\/11\/msas-requirements.jpg\" alt=\"A view of Boston's Financial District from street level\" class=\"wp-image-6942\" srcset=\"https:\/\/www.bu.edu\/online\/files\/2025\/11\/msas-requirements.jpg 1024w, https:\/\/www.bu.edu\/online\/files\/2025\/11\/msas-requirements-636x358.jpg 636w, https:\/\/www.bu.edu\/online\/files\/2025\/11\/msas-requirements-768x432.jpg 768w, https:\/\/www.bu.edu\/online\/files\/2025\/11\/msas-requirements-992x558.jpg 992w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2>How You Benefit from a <br>Boston University Education<\/h2>\n\n\n\n<p>A BU credential can help lay the foundation for career advancement and personal success.<\/p>\n\n\n\n<ul><li>Benefit from an average 24:1 student-to-instructor ratio.<\/li><li>Work closely with SoA- and CAS-credentialed faculty\u2014many of whom are currently actuaries in the industry\u2014and gain practical skills solving real problems. A selection of programming and computer courses bring real-world examples into lectures, ensuring that you gain a deep knowledge of data tools and their application.<\/li><li>Focus on practical, hands-on lessons that you can apply on the job. The unique Capstone in Actuarial Science course immerses you in \u201creal-world\u201d challenges via the analysis of risk factors that are now relevant to actuarial work, including changes in mortality trends, new medical breakthroughs, and the impact of climate change.<\/li><li>Benefit from faculty members\u2019 connections to the industry and successful, practicing alumni who work for organizations such as Willis Towers Watson, Blue Cross Blue Shield, John Hancock, Liberty Mutual, the Massachusetts Department of Insurance, and more.<\/li><li>Learn from the best\u2014BU MET\u2019s master\u2019s degree program in Actuarial Science has been graduating successful actuarial students for over 25 years.<\/li><\/ul>\n\n\n\n<p>All graduate students are automatically considered for merit scholarships during the application process and nominated based on eligibility. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.bu.edu\/met\/admissions\/financial-aid\/scholarships\/merit-scholarships\/\" target=\"_blank\">Learn more<\/a>.<\/p>\n\n\n\n<h2>Rankings &amp; Accreditations<\/h2>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:20%\">\n<div class=\"wp-block-image program-block--accolades-with-text__card-media\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"400\" height=\"635\" src=\"\/online\/files\/2026\/01\/cas-bronze-1.jpg\" alt=\"CAS University Recognition Program Bronze Level\" class=\"wp-image-7207\"\/><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:80%\">\n<p><strong>CAS University Recognition Program: Bronze Level<\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\">BU has Bronze Level recognition from the Casualty Actuarial Society (CAS) University Recognition Program.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:20%\">\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:80%\">\n<p class=\"has-normal-font-size\"><strong><strong><strong>Society of Actuaries\u2019 \u201cUCAP-AC\u201d Designation<\/strong><\/strong><\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\">BU is the only university in New England that offers a Master of Science degree in Actuarial Science, recognized on the Society of Actuaries&#8217; list of Universities and Colleges with Actuarial Programs\u2014Advanced Curriculum\u00a0(UCAP-AC).\u00a0\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.soa.org\/education\/resources\/actuarial-colleges\/actuarial-college-listings-details.aspx\" target=\"_blank\">Learn more.<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<h3>Graduate with Actuarial Expertise<\/h3>\n\n\n\n<p>Students who complete the master\u2019s degree in Actuarial Science will be able to demonstrate:<\/p>\n\n\n\n<ul><li>Detailed knowledge of the mathematics and modeling techniques that form the core of actuarial calculations. This knowledge includes topics in probability, statistics, life contingencies, loss models, credibility theory, investment theory, and financial mathematics.<\/li><li>An accurate and deep understanding of these core actuarial topics and the ability to creatively solve increasingly complex business problems.<\/li><li>Proficiency in distinguishing and describing a wide range of actuarial practice areas in-depth and knowledgeably, and the ability to articulate an understanding of theprinciples that govern the development of both standard insurance products and new developments risk management models.<\/li><li>Competency in the computer skills required to analyze data using leading-edge software tools of the trade in insurance, risk management, and related industries.<\/li><\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group alignwide program-block program-block--career-paths program-block--type-degrees\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group program-block--career-paths__footer\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns program-block--career-paths__footer-inner\">\n<div class=\"wp-block-column program-block--career-paths__footer-header\">\n<h3 class=\"program-block--career-paths__footer-title\">Career Outlook<\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column program-block--career-paths__footer-card\">\n<h4 class=\"program-block--career-paths__footer-card-title\"><\/h4>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container\">\n<p><strong><strong>Employment of actuaries is projected to grow 22%<\/strong><\/strong>&nbsp;from 2023 to 2033, much faster than the average for all occupations.<\/p>\n\n\n\n<p class=\"program-block--career-paths__footer-card-text\">Source: Bureau of Labor Statistics<\/p>\n<\/div><\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column program-block--career-paths__footer-card\">\n<h4 class=\"program-block--career-paths__footer-card-title\"><\/h4>\n\n\n\n<p class=\"program-block--career-paths__footer-card-text\"><strong><strong>$125,770<\/strong><\/strong><\/p>\n\n\n\n<p>Median annual wage for actuaries, 2024<\/p>\n\n\n\n<p>Source: Bureau of Labor Statistics<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<h4><\/h4>\n\n\n\n<p><strong><strong>More actuaries will be needed<\/strong><\/strong>&nbsp;to help companies manage their own risk and adjust their business or investment strategies across all areas of operation.<br><br>Source: Bureau of Labor Statistics<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:100%\">\n<p>\u201cBoston University\u2019s Actuarial Science program has given me the opportunity to pursue my dream job\u2026 this program is structured for students to be able to work actuarial co-ops, internships, and even entry level roles while completing their degree; this is a significant competitive advantage for students seeking co-ops and internships, and I have taken full advantage of the opportunity.\u201d<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column is-vertically-aligned-center\" style=\"flex-basis:80%\">\n<p class=\"has-small-font-size\"><strong><strong>Michael Pace<\/strong><\/strong> <strong>(MET \u201923)<\/strong><br><strong><strong>Actuarial Assistant, John Hancock<\/strong><\/strong><br><em><em>MS, Actuarial Science<\/em><\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h3>Advance Your Career<\/h3>\n\n\n\n<p>Located in one of the nation\u2019s top financial and insurance centers, Boston University is the only university in New England that offers an MS degree in Actuarial Science, providing an unmatched environment to learn and to find both internships and full-time employment. BU\u2019s Actuarial Science program has the&nbsp;<a href=\"https:\/\/www.soa.org\/education\/resources\/actuarial-colleges\/actuarial-college-listings-details.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Society of Actuaries\u2019 \u201cUCAP-AC\u201d designation<\/a>&nbsp;and BU has Bronze Level recognition from the&nbsp;<a href=\"https:\/\/www.casact.org\/university-programs\/university-recognition-program\" target=\"_blank\" rel=\"noreferrer noopener\">Casualty Actuarial Society (CAS) University Recognition Program<\/a>&nbsp;for demonstrated commitment to preparing future property and casualty actuaries through its educational offerings. You can take courses to receive \u201cValidation by Educational Experience (VEE)\u201d credit from the SoA and CAS. By taking VEE courses, which also count toward the master\u2019s in Actuarial Science degree, you have an advantage when seeking employment.<\/p>\n\n\n\n<p>Graduates of the Actuarial Science master\u2019s program are qualified for roles that involve quantifying risk, developing statistical models, analyzing insurance products, advising on pension plans, and supporting strategic business decisions related to risk management. Typical job titles might include actuary, actuarial analyst, risk analyst, data analyst (with an actuarial focus), insurance analyst, pension analyst, pricing analyst, financial analyst (specializing in risk and insurance), enterprise risk manager, catastrophe risk analyst, compliance analyst (insurance and finance), loss reserving analyst, product development analyst (insurance), healthcare actuary, and investment actuary, among others.<\/p>\n\n\n\n<p><strong>Recent graduates have found job opportunities and career paths at companies such as:<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\">\n<ul><li>Towers Watson<\/li><li>Blue Cross Blue Shield<\/li><li>John Hancock<\/li><li>Liberty Mutual<\/li><li>Comcast<\/li><\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<ul><li>Citizens Bank<\/li><li>Deloitte Consulting<\/li><li>IBM<\/li><li>Massachusetts Department of Insurance<\/li><\/ul>\n<\/div>\n<\/div>\n\n\n\n<h4>Take Advantage of Career Resources at BU MET<\/h4>\n\n\n\n<p>You will find the support you need in reaching your career goals through <a href=\"https:\/\/www.bu.edu\/met\/careers\/\" target=\"_blank\" rel=\"noreferrer noopener\">MET\u2019s Career Development office<\/a>, which&nbsp;offers a variety of job-hunting resources, including one-on-one career counseling by appointment for online students. You can also take advantage of tools and resources available online through&nbsp;<a href=\"https:\/\/www.bu.edu\/careers\/\" target=\"_blank\" rel=\"noreferrer noopener\">BU\u2019s Center for Career Development<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-group alignwide program-block program-block--featured-faculty program-block--type-programs\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group program-block--featured-faculty__inner\"><div class=\"wp-block-group__inner-container\">\n<h2 style=\"padding-top: 1.5em; margin-bottom: 0; text-align: center; color: #fff;\">Actuarial Science Faculty<\/h2>\n\n\n\n<div class=\"wp-block-columns program-block--featured-faculty__list\">\n<div class=\"wp-block-column program-block--featured-faculty__faculty\">\n<h3 class=\"has-text-align-left program-block--featured-faculty__faculty-name\"><a href=\"https:\/\/www.bu.edu\/met\/profile\/hal-tepfer\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Hal Tepfer<\/strong><\/a><\/h3>\n\n\n\n<p>Associate Professor of the Practice<\/p>\n\n\n\n<p>Director, Actuarial Science<\/p>\n\n\n\n<figure class=\"wp-block-image size-large program-block--featured-faculty__faculty-image\"><img loading=\"lazy\" width=\"300\" height=\"300\" src=\"\/online\/files\/2025\/11\/Hal-Tepfer-nw.jpg\" alt=\"Hal Tepfer headshot\" class=\"wp-image-6949\" srcset=\"https:\/\/www.bu.edu\/online\/files\/2025\/11\/Hal-Tepfer-nw.jpg 300w, https:\/\/www.bu.edu\/online\/files\/2025\/11\/Hal-Tepfer-nw-150x150.jpg 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column program-block--featured-faculty__faculty\">\n<h3 class=\"has-text-align-left program-block--featured-faculty__faculty-name\"><a href=\"https:\/\/www.bu.edu\/met\/profile\/lois-keller-horwitz\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Lois Keller Horwitz<\/strong><\/a><\/h3>\n\n\n\n<p>Associate Professor of the Practice Emerita, Actuarial Science<\/p>\n\n\n\n<figure class=\"wp-block-image size-large program-block--featured-faculty__faculty-image\"><img loading=\"lazy\" width=\"300\" height=\"300\" src=\"\/online\/files\/2025\/11\/Lois-Horwitz-nw.jpg\" alt=\"Lois Keller Horwitz headshot\" class=\"wp-image-6951\" srcset=\"https:\/\/www.bu.edu\/online\/files\/2025\/11\/Lois-Horwitz-nw.jpg 300w, https:\/\/www.bu.edu\/online\/files\/2025\/11\/Lois-Horwitz-nw-150x150.jpg 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator is-style-default\"\/>\n\n\n\n<h2 class=\"has-text-align-center\">Interested in Learning More?<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\">\n<div class=\"wp-block-buttons is-content-justification-center\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.bu.edu\/met\/events\/\" target=\"_blank\" rel=\"noreferrer noopener\">MET Events<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<div class=\"wp-block-buttons is-content-justification-center\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.bu.edu\/met\/admissions\/tuition-and-fees\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tuition &amp; Fees<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column\">\n<div class=\"wp-block-buttons is-content-justification-center\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.bu.edu\/met\/admissions\/financial-aid\/\" target=\"_blank\" rel=\"noreferrer noopener\">Financial Aid<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gain Expertise in Risk Analysis and Actuarial Science If you have a strong mathematical foundation, the Master of Science in Actuarial Science at Boston University\u2019s Metropolitan College (MET) can provide the tools and knowledge to excel in the actuarial profession. The program offers two optional concentrations: FinanceInsurance Actuaries play a critical role in helping businesses [&hellip;]<\/p>\n","protected":false},"author":19676,"featured_media":0,"parent":6938,"menu_order":1,"template":"","meta":{"_editor_template":""},"bu_progs_page-type":[6],"bu_progs_degree-option":[76],"bu_progs_schools-colleges":[121],"bu_progs_education-level":[108],"bu_progs_area-of-study":[148],"bu_progs_area-of-interest":[],"bu_progs_department-affiliation":[],"bu_progs_format":[112,111],"bu_progs_availability":[114,115],"bu_progs_location":[117,116],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu-program-page\/6931"}],"collection":[{"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu-program-page"}],"about":[{"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/types\/bu-program-page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/users\/19676"}],"version-history":[{"count":10,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu-program-page\/6931\/revisions"}],"predecessor-version":[{"id":8634,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu-program-page\/6931\/revisions\/8634"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu-program-page\/6938"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/media?parent=6931"}],"wp:term":[{"taxonomy":"bu_progs_page-type","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_page-type?post=6931"},{"taxonomy":"bu_progs_degree-option","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_degree-option?post=6931"},{"taxonomy":"bu_progs_schools-colleges","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_schools-colleges?post=6931"},{"taxonomy":"bu_progs_education-level","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_education-level?post=6931"},{"taxonomy":"bu_progs_area-of-study","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_area-of-study?post=6931"},{"taxonomy":"bu_progs_area-of-interest","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_area-of-interest?post=6931"},{"taxonomy":"bu_progs_department-affiliation","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_department-affiliation?post=6931"},{"taxonomy":"bu_progs_format","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_format?post=6931"},{"taxonomy":"bu_progs_availability","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_availability?post=6931"},{"taxonomy":"bu_progs_location","embeddable":true,"href":"https:\/\/www.bu.edu\/online\/wp-json\/wp\/v2\/bu_progs_location?post=6931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}