{"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\">This course covers the use of programming, spreadsheets, and database software in an actuarial environment. You will calculate premiums and analyze loss metrics over the term while learning about the tools in R Studio, Microsoft Excel and Microsoft Access that help an actuary perform their analysis in a timely and accurate manner.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">Noh<\/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\">Prerequisites: MET MA 225 or consent of instructor. This course develops uses of interest rates as the concept relates to the theory of finance. You will gain an understanding of interest calculations related to financial instruments including bonds, mortgages, annuities, and financial instruments with non-level payment schemes. The material covered in this course may help you prepare for the SoA\/CAS Exam FM.<\/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 E2, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">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. - This course will cover the fundamentals of both long-term insurance and short-term insurance. The long-term topics will include insurance, annuities, and premiums for from both a theoretical basis and the application of those models. The short-term portion of the course introduces severity and frequency models, and will cover actuarial methods that are useful in modeling. Foundational principles of ratemaking and reserving for short-term coverages will also be covered. The material in this course may help 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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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=STH\">STH B22<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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: CAS MA 582 or MET MA 582 or consent of instructor. Part one of this course will cover simple and multiple regressions, serial correlation, heteroscedasticity, analysis of residuals, and stepwise analysis techniques. Part two will cover time series analysis including smoothing and extrapolation of time series, linear time series models, model building procedure, and forecasting, as well as case studies. The material covered in this course may help students prepare for SoA Exam SRM.<\/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\">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. - The capstone is an opportunity to integrate what you have learned in your actuarial courses to help you better understand how these topics apply in today's insurance and financial environment. You will use actuarial principles from the MS in Actuarial Science program to collaborate with classmates on a successful research project, which will review problems faced by insurance companies and other actuarial-relevant companies from an integrated perspective and develop solutions. Your final paper and presentation will be assessed by an audience including your instructor, peers, and professional actuaries.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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=MCS\">MCS B31<\/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\">This course covers the application of basic actuarial principles to individual life and annuity financial security systems. Material covered will include the purpose of these systems, the development of financial security products, risk classification, actuarial pricing assumptions, the calculation of product cash flows, the purpose of reserves and different reserve methods. Taxation, required capital, profit measurement, and reinsurance considerations will also be studied.<\/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\">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\">This course covers the application of basic actuarial principles to group life and group health financial security systems. Material covered will include the purpose of these systems, financial security product design and development, underwriting and risk management, premium determination, and the funding and valuation of group life and group health financial security systems. Group insurance systems in the United States will be emphasized, but the course will also review the Canadian health system.<\/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\">This course covers Property & Casualty Industry from an actuarial science perspective. Topics include the theory of insurance including insurable risks, calculation of premiums on those risks, payment of losses on the inevitable claims, the history of the insurance industry with a focus on court cases that shaped the current regulatory structure; and the basic policy structures of homeowners, automobile, and liability insurance; and reinsurance.<\/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. This course covers the basics of pension plans, including design and funding. The course addresses pension actuarial funding methods and the use of life contingencies. It discusses computations under each method and its use in pension plans worldwide. Alternative forms of pension payments are also discussed.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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=STH\">STH B22<\/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\">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\">Learn the concepts and techniques of risk management for actuarial applications, covering the basics of life, pension, health, investments, and Property & Casualty (\u201cP&C\u201d) insurance. You will also explore sources and measures of risk, the risk management process, the tools and methods for risk identification, assessment, and mitigation, and regulatory and ethical aspects of risk management.<\/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;\">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. - This course continues with the development of long-term financial models introduced in MET AT 531. Insurance Reserves are introduced, including methods for determining reserves, the impact of actuarial assumptions on the calculations, and the effect of real-world results that do not match those assumed. Multiple life and multiple decrement models are introduced, as are Multiple State\/Markov Chains and pension mathematics. The material covered in this course may help students prepare for SoA Exam ALTAM.<\/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\">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. Continue with the development of short-term financial models introduced in MET AT 531. This course addresses severity, frequency, and aggregate models, and evaluation of both complete and incomplete data. It also covers mathematical models for specific types of insurance, such as medical, automobile, and disability insurance. Credibility models comprise the final topic for the course, and the Classical, B\u00fchlmann-Straub, and Bayesian methods are discussed. The material covered in this course may help you prepare for the SoA Exam ASTAM.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">Barbera<\/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=CGS\">CGS 515<\/a><\/td>\n<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">Vizek<\/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=EPC\">EPC 208<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">Vizek<\/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=MET\">MET 101<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\">Vizek<\/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=EPC\">EPC 206<\/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, SPRG 2026 <span class=\"cf-section-dates\">Mar 10th to Apr 27th<\/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\">This course offers a unified and in-depth coverage of the statistical computer package SAS, and its statistical applications. Topics include the language of SAS, data formatting, creating and storing SAS datasets, file manipulation, macro procedures, and graphics. Also included are procedures for statistical techniques selected from analysis of variance, regression, factor analysis, scoring, and categorical data analysis. Several large data sets will be used as case studies, emphasizing hands-on experience with SAS for Windows. Laboratory course.<\/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\">The aim of the course is to present decision problems and the economic analysis needed to guide these decisions. Microeconomic tools are used to structure complicated decision problems about production, pricing, investment, and other strategic issues and address uncertainty through probabilistic forecasts and sequential decisions. An important part of the course is to develop an understanding of the external environment in which firms operate by analyzing the implications of market structure, macroeconomic developments and policy, and other forms of public policy toward business.<\/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 O1, SPRG 2026 <span class=\"cf-section-dates\">Jan 13th to Apr 27th<\/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\">Huang<\/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\">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\">This course covers the application of basic actuarial principles to individual life and annuity financial security systems. Material covered will include the purpose of these systems, the development of financial security products, risk classification, actuarial pricing assumptions, the calculation of product cash flows, the purpose of reserves and different reserve methods. Taxation, required capital, profit measurement, and reinsurance considerations will also be studied.<\/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\">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\">This course covers the application of basic actuarial principles to group life and group health financial security systems. Material covered will include the purpose of these systems, financial security product design and development, underwriting and risk management, premium determination, and the funding and valuation of group life and group health financial security systems. Group insurance systems in the United States will be emphasized, but the course will also review the Canadian health system.<\/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\">This course covers Property & Casualty Industry from an actuarial science perspective. Topics include the theory of insurance including insurable risks, calculation of premiums on those risks, payment of losses on the inevitable claims, the history of the insurance industry with a focus on court cases that shaped the current regulatory structure; and the basic policy structures of homeowners, automobile, and liability insurance; and reinsurance.<\/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. This course covers the basics of pension plans, including design and funding. The course addresses pension actuarial funding methods and the use of life contingencies. It discusses computations under each method and its use in pension plans worldwide. Alternative forms of pension payments are also discussed.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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=STH\">STH B22<\/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\">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\">Learn the concepts and techniques of risk management for actuarial applications, covering the basics of life, pension, health, investments, and Property & Casualty (\u201cP&C\u201d) insurance. You will also explore sources and measures of risk, the risk management process, the tools and methods for risk identification, assessment, and mitigation, and regulatory and ethical aspects of 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\">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. Topics covered include basic probability, conditional probability and independence, discrete and continuous random variables, mean and variance, functions of random variables, moment generating function, jointly distributed random variables, conditional distributions, independent random variables, methods of transformations, law of large numbers, and the central limit theorem. The material covered in this course may help students prepare for SoA\/CAS Exam P.<\/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\">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. Topics covered include interval estimation, point estimation including sufficiency, Rao-Blackwell theorem, completeness, uniqueness, Rao-Cramer inequality, maximum likelihood estimation. tests of hypothesis: uniformly most powerful tests, uniformly most powerful unbiased tests, likelihood ratio test, chi-squared test, comparison of means and variances, ANOVA, regression, and some nonparametric tests.\u00a0This course has been approved for SoA\/CAS VEE credit in Actuarial Statistics.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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=CAS\">CAS 324<\/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\">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 - This course builds off of the topics covered in MET AT 521 Financial Mathematics by developing both basic and advanced models of corporate finance. Topics covered include net present value valuation, internal rate of return and profitability index models, capital budgeting models, and efficient market hypotheses. These tools will be used to understand and apply basic principles of option pricing theory, including the Black-Scholes formula with application to binomial lattice valuation. This course helps a student qualify for VEE credit in the \u201cFinance\u201d part of the \u201cFinance and Accounting\u201d VEE from the SoA and CAS.<\/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 \nThis course covers the risk and return characteristics of primary financial products, fundamental principles of modern portfolio theory, term structures, and yield curves, Markowitz Portfolio Selection Model, CAPM and its applications to portfolio management, derivative securities, duration, immunization, and 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. Analyze derivative products and their use in insurance and risk management strategies. You will also learn selected aspects of rational valuation of derivative products like put-call parity, binomial option, and Black Scholes option pricing model.<\/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\">The course is offered to students who plan to engage in special research topics under the supervision of a faculty advisor. Application is made through the Department of Actuarial Science.<\/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\">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\">The course is offered to students who plan to engage in special research topics under the supervision of a faculty advisor. Application is made through the Department of Actuarial Science.<\/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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\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, SPRG 2026 <span class=\"cf-section-dates\">Jan 20th to Apr 30th<\/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\n\t<\/tbody>\n<\/table>\n<\/div>\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}]}}