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Actuarial Science and Mathematical Finance – (M.Sc.)
University of Amsterdam
Faculty of Economics and Business
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| Application Deadline: | Start in 1 September: April (non-EEA: April). | ||
| Annual Tuition Fee: | ≈ € 1,771 ≈ € 12,000 (non-EEA) | ||
| Location: | Amsterdam / Netherlands / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 12 months | Start Date: | September |
| Educational Form: |
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| Education Variants: |
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| Credits (ECTS): | 60 | ||
| Languages: | English | ||
Location of University of Amsterdam
The Master's programme in Actuarial Science and Mathematical Finance is a programme for those wishing to become an actuary designing and monitoring financial security systems.
The Master's programme in Actuarial Science and Mathematical Finance is the only stand-alone Master's degree of its kind offered in the Netherlands. It is completely dedicated to the actuarial profession and taught by leading scholars in the field of actuarial sciences, together with a number of professionals who work in the industry itself. This ensures that you learn the most up-to-date techniques, practices and insights. It is a multidisciplinary programme providing a balanced and rigorous training in the financial and mathematical analysis of complex insurance issues. It focuses on mathematical model-building in the various specialised fields of insurance: life insurance, non-life insurance and pension funds. Because the programme is aimed at helping students develop a scientific attitude and approach, it places a great deal of emphasis on the theoretical foundations of various methods and techniques.
Contents
Types of teaching (in year 1):
- theory: 0%
- practice: 0%
- self study: 0%
Programme internationalization:
This programme has a workload of 60 ECTS.
Courses:
Market-consistent Pricing and Embedded Value(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Market-consistent Valuation Seminar(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Non-Life Insurance: Statistical Techniques(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Fixed Income Risk Management(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Master's Thesis(15 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Asset-liability Management 1(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Derivatives(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Elective 1(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
Elective 2(5 ECTS):
Course type: regular
This course is given in year 1
This course is required to apply to.
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
Previous education
Additional language requirements:
- Cambridge Certificate in Advanced English: B1
- Cambridge Certificate in Advanced English: B1
- IELTS overall band: 6.5
- IELTS listening: 6
- IELTS reading: 6
- IELTS writing: 6
- IELTS speaking: 6
- TOEFL paper based: 580
- TOEFL computer based: 232
- TOEFL internet based: 95
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 A (Score: 80) |
| TOEFL Paper-based: | 580 |
| TOEFL Computer-based: | 232 |
| TOEFL Internet-based: | 95 |
Accreditation
Accredited by: NVAO in: Netherlands
Funding details
Scholarships / Grants:
Nuffic:
The Ford Foundation International Fellowships Program (Ford-IFP) provides opportunities to exceptional individuals for advanced study. If you are a resident of an eligible IFP country and would like to study in Europe, Nuffic can act as a placement partner for you.
For additional information: Website
The University of Amsterdam:
The University of Amsterdam provides a limited number of full and partial scholarships for excellent students from outside the European Economic Area. The Amsterdam Merit Scholarships have specifically been designed to offer talented, ambitious and dedicated students the opportunity to pursue a Mast
For additional information: Website
:
Students from Columbia can apply for this scholarship through their website.
For additional information: Website
European Commission:
The Alban Scholarship programme aims at the reinforcement of the European Union-Latin America cooperation in the area of Higher Education. * for postgraduate studies. * for specialization studies at any of the eligible recognised organizations of Higher Training (companies included).
For additional information: Website
Open Society Institute:
The Open Society Scholarship Programs fund the participation of students, scholars, and professionals from the former Soviet Union, Southeast Asia, Eastern Europe, and the Middle East in rigorous, competitive academic programs outside of their home countries.
For additional information: Website
Contact
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