Overview

Key facts

The program of Actuarial Science at Boston University offers students a broad-based exposure to business and economic principles along with an opportunity to further their knowledge of mathematics. In addition, the program prepares students for the professional qualifying examinations offered by the Society of Actuaries, the Casualty Actuarial Society, and other international actuarial organizations. The program provides an opportunity for students to be aware of and understand the ethical dilemmas that are often encountered in the process of business decision-making.

Learning Outcomes

Detailed knowledge of the mathematics and statistics that form the core of actuarial calculations. This knowledge includes topics in probability, financial mathematics and derivatives, life contingencies, and loss models. Our program emphasized precision, accuracy, and a deep understanding of these core actuarial topics.

Proficiency in distinguishing and describing, in depth, many actuarial practice areas, and an understanding of the principles that govern the development of insurance products for those areas, including emerging trends.

The computer skills required to analyze data using the most current software tools employed by insurance industry leaders.

Programme Structure

Courses included:

Laboratory for Actuarial and Financial Data Analysis

Mathematics of Compound Interest

Finance for Actuaries

Actuarial Mathematics

Actuarial Statistics

Key information

Duration

Full-time
- 21 months

Start dates & application deadlines

Starting 2026-07-01 00:00:00
- Apply before 2026-06-01 00:00:00
Starting 2027-01-21 00:00:00
- Apply before 2026-11-01 00:00:00
Starting 2027-09-03 00:00:00
- Apply before 2027-01-04 00:00:00

Language

English

Duolingo English Test

125

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Credits

43 SCH

Delivered

On Campus

Campus Location

Boston, United States

Disciplines

Actuarial Science View 84 other Masters in Actuarial Science in United States

Join for free or log in to access our complete career info list.

Academic requirements

GRE^®

Required

GMAT

Required

English requirements

Duolingo English Test

125

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

National

A completed Application for Graduate Admission

Three letters of recommendation.

A personal statement

A current résumé

Transcript(s)

A nonrefundable application fee of $85

International

International Student Data Form

Authorized financial statement from a bank (original, shown in U.S. dollars)

Copy of current I-20 and I-94, both sides (if applicable)

Letter of financial support from a sponsor (firm, government, parents, etc.)

Notarized English translations of all documents not in English

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

66670 USD / year

≈ 66670 USD / year
Out-of-State

66670 USD / year

≈ 66670 USD / year
Domestic

Applies to you

In-State

66670 USD / year

≈ 66670 USD / year

Living costs

Boston

United States

1560 - 3239 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

MPOWER Financing No cosigner. No collateral. No hidden fees.

Check your Eligibility

Get the funding you need to study in the U.S. or Canada - with a process that's fast, simple, and built for international students.

Flexible loans from US$2,001 to US$100,000
Fixed interest rates -- no inflation surprises
No upfront fees or prepayment penalties
Accepted at 500+ universities across the U.S. & Canada
100% online application -- instant conditional offer
Free visa & career support through our Path2Success program

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Key facts

Learning Outcomes

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Boston

Financing

Funding

Scholarships Information

Available Scholarships

Our partners