Actuarial Science - Master [2 Years]
$59,483 /Yr On-campus full_time

Master of Science [M.S] Actuarial Science

  • The Master of Science(M.Sc) in Actuarial Science at Boston University is a 2-years program.
  • The program consists of a total of 43 credits for the Master of Science in Actuarial Science.
  • The computer skills required to analyze data using the most current software tools employed by insurance industry leaders.
  • The following concentrations are available in this program:
    • Insurance
    • Mathematical Finance
  • Some of the main courses students go through in this program are:
    • Laboratory for Actuarial and Financial Data Analysis
    • Mathematics of Compound Interest
    • Finance for Actuaries
    • Actuarial Mathematics
    • Actuarial Statistics
    • Probability
  • The Graduation rate of Boston University is 87%.
  • The student-faculty ratio of this college is 10:1.
  • The acceptance rate of Boston University is 22%.
  • Boston University ranked #42 among national universities by U.S News and World Report.

Tution & Application Fees

Year Year 1 Year 2
Tuition Fees $58560 $58560
Health Insurance $470 $470
Compulsory Fees $85 $85
Other Fees $368 $368
Total Fees $59483 $59483

Examinations

Exam Type Exam Name Score Out of Score Exam Level
TOEFL Test of English as a Foreign Language 84 120 3
IELTS International English Language Testing System 7 9 3
GRE Graduate Record Examination 298 340 2

Academic Eligibility: 

  • Applicants to master’s degree and graduate certificate programs must have earned a bachelor’s degree from a regionally accredited institution (or the international equivalent) prior to enrollment.
  • Students required an average grade of 3.0. (83 to 86% or B grade)

Language Requirments:

  • Students whose official language is not English are required to submit IELTS or TOEFL scores. 

Indian Student Eligibility:

  • Students required a Higher Secondary Certificate/ISC (State board exams may also be considered for admission) and a four-year bachelor’s degree.