Correct Answer: The professor said that he wanted me to pursue my dreams.

Solution : The second option is the correct choice.

The steps of conversion are as follows:

• The reporting verb "said" is changed to its present form "says".
• The simple present tense "want" is changed to the simple past tense "wanted".
• The first-person pronoun "I" is changed to the third-person pronoun "he".
• And the second-person pronoun "your" is changed to the first-person pronoun "my".
• The connector "that" is used to introduce the reported clause.

Therefore, the correct answer is: "The professor said that he wanted me to pursue my dreams."