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Stochastics and Financial Mathematics – (M.Sc.)
VU University Amsterdam
Faculty of Sciences
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| Application Deadline: | Start in 1 September: April (non-EEA: March). | ||
| Annual Tuition Fee: | ≈ € 1,750 - ≈ € 12,000 (non-EEA) | ||
| Location: | Amsterdam / Netherlands / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 24 months | Start Date: | September |
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| Credits (ECTS): | 120 | ||
| Languages: | English | ||
Location of VU University Amsterdam
What is the result of a general election? Why do share prices fluctuate? The Master's programme in Stochastics and Financial Mathematics examines phenomena in which chance plays a central role.
Stochastics is usually subdivided into Statistics, Probability Theory and Stochastic Operations Research. Financial Mathematics is an important field for the application of Stochastics. Both the theoretically inclined and the more 'applied' student can put together a programme to suit their personal interests. The Master's programme is a two-year programme, divided into four semesters. During the first semester, you will take the only compulsory course: Measure Theoretic Probability. This forms the foundation for the more advanced subjects to come. You will select four or five subjects each semester from the department's list of recommended courses. The Master's programme in Stochastics and Financial Mathematics concludes with a research project or with an external project carried out at a business or research facility outside the Department of Mathematics. This project culminates in writing your Master's thesis. Your Master's degree will be a great asset to you in finding employment in the business world, especially with major financial institutions.
Contents
Types of teaching (in year 1):
- theory: 0%
- practice: 0%
- self study: 0%
Programme internationalization:
This programme has a workload of 120 ECTS.
You are normally required to take an English Proficiency Test if you come from a non-English speaking country.
Most European Universities recognise the IELTS test.
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Register Now!Requirements
Additional language requirements:
- IELTS overall band: 6.5
- TOEFL paper based: 580
- TOEFL computer based: 237
- TOEFL internet based: 92
Additional Requirements
| Minimal degree required: | Bachelor's degree |
| Minimal amount of work experience | Not specified |
Language Proficiency
| IELTS Band: | 6.5 |
| Cambridge English: Advanced (CAE): | Grade C (Score: 60) |
| TOEFL Paper-based: | 580 |
| TOEFL Computer-based: | 237 |
| TOEFL Internet-based: | 92 |
Accreditation
Accredited by: NVAO in: Netherlands
Funding details
Scholarships / Grants:
Neso Indonesia:
StuNed Scholarships for Master studies, short courses and customized training programmes are available for Indonesian professionals with at least two years work experience in a development-related organization.
For additional information: Website
Fulbright/ NAF:
The Fulbright Center is a bi-national, non-profit organization established by international agreement between the United States of America and the Kingdom of The Netherlands. It promotes educational co-operation and provides information on study, research and internships in the United States.
For additional information: Website
:
Students from Columbia can apply for this scholarship through their website.
For additional information: Website
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For additional information: Website
VU University Amsterdam:
VU University Amsterdam awards its own scholarships to outstanding students joining our international Master's degree programmes. The VU Fellowship is an amount of money between 2.500 and 15.000 Euros to cover a part of the study expenses. The general criteria for selection are excellence, motivatio
For additional information: Website
Contact
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