Master of Science [M.S] (Actuarial Science)
STEM Course
2 years
Full Time
On Campus
Field of Study:
$58,560/Yr
$58,560 /Yr
- 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.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $58560 (USD 58560) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Room and Board | $14590 (USD 14590) |
| Health Insurance | $470 (USD 470) |
| Compulsory Fees | $85 (USD 85) |
| Other Fees | $368 (USD 368) |
| Total Cost | $15513 (USD 15513) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2021 | $58560 (USD 58560) |
Eligibility & Entry Requirement
Academic Eligibility:
- Applicants to master’s degree and graduate certificate programs must have earned a bachelor’s degree from a regionally accredited institution (or the international equivalent) prior to enrollment.
- Students required an average grade of 3.0. (83 to 86% or B grade)
Language Requirments:
- Students whose official language is not English are required to submit IELTS or TOEFL scores.
Indian Student Eligibility:
- Students required a Higher Secondary Certificate/ISC (State board exams may also be considered for admission) and a four-year bachelor’s degree.
Scores Required
Required Document List
The Documents required are:
- College Transcripts: The marks statement provided by the education board after completion of the previous academic qualifications.
- Financial Documentation: The Proof that shows the financial background of the student.
- Three Letter of Recommendation: This shows who recommended the student to pursue the degree.
- Statement of Purpose: This is an essay or any written statement written by the student while applying.
- Resume/CV: This provides a summary of the experience and skills of the student.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Course Guides
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MS Mathematics in USA- Top Colleges, Requirements, Tuition Fee and Scholarships
Career and Placement after Course
After this program, students have the following job opportunities:
- Actuarial consultant
- Business analyst
- Life Insurance
- Health Insurance
- Risk Management
- Stock exchange
- Risk management
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| QS Connect Master’s Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyMaster | TypeMerit-Based | |
| Collegedunia $150 Scholarship Program | Scholarship per student$ 150/Yr$150 | Level Of StudyBachelor | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| YouAreWelcomeHere Scholarships | Scholarship per studentVariable Amount | Level Of StudyApprenticeship | TypeTuition-Fee-Waiver | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Ellis R. Ott Scholarship for Applied Statistics and Quality Management | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based |
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Important Dates
| Program | Important Dates |
|---|---|
| M.S Computer Science | Application Deadline For Fall 2024 Intake (15th Mar 2024) |
| M.S Applied Data Analytics | Application Deadline For Fall 2023 Intake (1st Jun 2023) |
| M.S Project Management | Application Deadline For Fall 2023 Intake (1st Jun 2023) |
| M.B.A | Application Deadline For Fall 2024 Intake Round 1 (19th Oct 2023) Application Deadline For Fall 2024 Intake Round 2 (5th Jan 2024) Application Deadline For Fall 2024 Intake Round 3 (15th Mar 2024) |
| M.S Business Analytics | Application Deadline For Fall 2024 Intake Round 1 (26th Oct 2023) Application Deadline For Fall 2024 Intake Round 2 (7th Dec 2023) Application Deadline For Fall 2024 Intake Round 3 (30th Jan 2024) |
| M.S Financial Management | Application Deadline For Fall 2023 Intake (1st Jun 2023) |
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