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QS Rank:

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375

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Northeastern University, Boston

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Massachusetts

United States

The Master's in Insurance Analytics and Management at Northeastern University, Boston is a meticulously designed program that integrates theoretical knowledge with practical skills essential for success in the insurance industry. This innovative program focuses on the application of data analytics, risk management, and strategic decision-making in the context of insurance, preparing graduates to excel in a rapidly evolving field. With an emphasis on real-world applications, students will gain insights into advanced analytical methods, data interpretation, and the management of insurance operations.

The curriculum is comprehensive and covers a wide array of topics essential for today's insurance professionals. Core courses include Insurance Analytics, where students learn statistical techniques and data mining strategies to analyze insurance data effectively. The program also dives deep into Risk Management, equipping students with the tools to assess, mitigate, and manage potential risks in insurance practices. Other significant courses include Insurance Operations Management and Data Visualization for Business Insights, which provide students with a thorough understanding of the operational aspects of insurance while enhancing their ability to communicate complex data findings clearly.

Students will engage with distinguished faculty members who bring a wealth of industry experience and academic expertise to the classroom. The teaching methodology emphasizes interactive learning, encouraging students to participate in discussions, case studies, and group projects to foster collaboration and innovation. Faculty members are not just educators but also active researchers and practitioners in the field of insurance, providing students with invaluable insights into current trends and challenges in the insurance landscape.

Northeastern University is well-known for its commitment to experiential learning, and this program is no exception. Students have access to numerous research opportunities, including partnerships with leading insurance companies and access to cutting-edge technology and software tools. These resources enable students to apply their classroom learning to real-world problems, enhancing their problem-solving skills and analytical thinking. Furthermore, students can participate in internships that provide practical experience and help them build a professional network within the industry.

The program also boasts strong industry connections, allowing students to connect with potential employers through networking events, guest lectures, and career fairs hosted by the university. Graduates of the program are well-prepared for various roles within the insurance sector, including positions such as Claims Adjuster, Risk Manager, Data Scientist, and Insurance Analyst. With a median base salary of approximately $105,000, the program offers excellent return on investment, reflecting the high demand for skilled professionals in the field of insurance analytics and management.

Alumni success stories further highlight the program's impact. Many graduates have gone on to achieve significant milestones in their careers, including leadership positions in major insurance firms and consultancy roles. Their testimonials often emphasize the program's rigorous curriculum, the supportive faculty, and the robust career services that contributed to their professional growth and success.

Why Study Insurance Analytics and Management at Northeastern University, Boston
The Master's in Insurance Analytics and Management at Northeastern University is not just an academic program; it is a transformative educational experience that equips students with the skills and knowledge needed to thrive in a complex and dynamic industry. Below are compelling reasons to choose this program:

  • A rich diversity in the student community, with 33.11% international representation, fostering a global learning environment.
  • Expert faculty with extensive industry experience, offering mentorship and the opportunity to engage in impactful research projects.
  • Access to state-of-the-art facilities and labs that enhance research capabilities and practical learning experiences.
  • Comprehensive career support, including job placement services, which ensure high employability rates post-graduation.
  • An innovative curriculum designed to adapt to the latest trends and technologies in insurance and analytics.
  • Opportunities for internships and co-op experiences that provide hands-on experience in the insurance industry.
  • A high average base salary for graduates, with a median starting salary of $105,000, reflecting the strong demand for skilled professionals.

Admission to the program is competitive, and applicants must meet certain requirements to ensure they are prepared for the rigor of the curriculum. Candidates are typically expected to have a bachelor's degree in a related field, along with a strong academic record. In terms of English proficiency, international students must submit scores from standardized tests such as PTE (minimum score of 90), TOEFL (minimum score of 79), IELTS (minimum band score of 6.5), or DUOLINGO (minimum score of 160) to demonstrate their language skills. Additionally, applicants will need to provide a transcript, a resume, and a letter of recommendation, which are vital components of the application process. The application deadline for the Fall intake is July 15th, ensuring that prospective students have ample time to prepare their materials and apply for admission.

Overall, the Master's in Insurance Analytics and Management at Northeastern University, Boston, stands out as a premier choice for students looking to make significant strides in the insurance industry through a blend of analytical skills and managerial know-how. This program not only prepares its students for immediate career opportunities but also lays a solid foundation for long-term career growth and success in an increasingly data-driven world.

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Duration

12 Months

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Median Salary

$1,05,000

Ranking

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#176

US World and News Report

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#375

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

50

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Average Age

28

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Average Work Experience

3 Years

Diversity

Two or more races:

4%

Others:

1%

Hispanic or Latino:

13%

Asian:

26%

Black or African American:

8%

White:

48%

Career Outcomes

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Median Earnings After Graduation

$1,05,000 / year

Prospective Job Roles

Claims Adjuster

Loss Prevention Specialist

Property & Casualty Insurance Agent

Underwriter

Risk Manager

Financial Analyst

Data Scientist

Compliance Officer

Insurance Analyst

Actuarial Analyst

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • PTE

    53

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  • TOEFL

    79

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  • DUOLINGO

    105

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  • IELTS

    6.5

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Academic LOR

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Application Deadlines

Standard Deadline
FallJul 15, 2023

Fees and Funding

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Tuition Fees

$36,800 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Northeastern University Master of Science in Insurance Analytics and Management program offers a variety of scholarships and financial aid opportunities to help students cover the cost of tuition and fees. Scholarships are available based on academic merit, financial need, and professional experience. The program also offers a tuition waiver for students who have completed a bachelor's degree in insurance or a related field.
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    The Northeastern University Scholarship

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    The Northeastern University Financial Aid Program

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    The Northeastern University Tuition Waiver Program

FAQs

  • A student can complete Insurance Analytics and Management at Northeastern University, Boston with in 12.

  • The deadline to submit an admission application for Insurance Analytics and Management at Northeastern University, Boston is Application deadline Fall (Standard Deadline) - date - 15/07/2023

  • The application fee to pursue Insurance Analytics and Management at Northeastern University, Boston is USD 75 for international students.

  • The annual tuition fee to pursue Insurance Analytics and Management at Northeastern University, Boston is USD 36800.

  • The submission of these scores mainly depends on the type of degree/ course selected at the Northeastern University, Boston. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Northeastern University, Boston requirements before submitting a score.

  • Insurance Analytics and Management can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of Northeastern University, Boston, they can easily pursue Insurance Analytics and Management. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at Northeastern University, Boston can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Northeastern University, Boston website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at Northeastern University, Boston by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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